Cement News tagged under: Central America

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Holcim El Salvador starts Plants of Tomorrow technology at Maya plant

07 July 2022, Published under Cement News

Holcim El Salvador has been celebrating the opening of its state-of-the-art Maya cement plant.   The Maya plant upgrade is part of the group’s 'Plants of Tomorrow' programme, one of the largest roll-outs of Industry 4.0 in the building materials industry.  At Maya, the company is deploying innovative technologies for increased safety, efficiency and sustainability, including a remote plant control system, drones for kiln and tower inspections, mobile app to track production levels ...

US-Puerto Rican Portland and blended cement market contracts 5% in April

27 June 2022, Published under Cement News

Shipments of Portland and blended cement (including imports) in the USA and Puerto Rico declined by 5.3 per cent YoY to 9.2Mt in April 2022, according to the US Geological Survey (USGS).  The leading cement-consuming states – Texas, California, Florida, Ohio and Georgia – accounted for 41 per cent of total shipments. The leading cement-producing states were Texas, California, Missouri, Florida and Alabama. Masonry cement shipments totalled 217,000t in April 2022, slipping from April 2021. ...

Puerto Rican cement market expands 5% in May

14 June 2022, Published under Cement News

Puerto Rican cement sales in May 2022 declined 4.9 per cent YoY to 1.32m bags of 42.6kg, or 56,282t, according to the Puerto Rican Institute of Statistics. While the drop represents the sixth consecutive fall, sales are 8.8 per cent higher than in May 2019, before the COVID-19 pandemic. Cement production expanded 40.9 per cent in May 2022 to 32,831t, when compared with May 2021. This represents the second consecutive month of growth. In the past three years, output from the country’s cemen...

Fitch Ratings upgrades Cemex to BB+

14 June 2022, Published under Cement News

Fitch Ratings has upgraded the foreign and local currency Issuer Default Ratings (IDRs) of Cemex to 'BB+' from 'BB', its senior unsecured notes to 'BB+' from 'BB' and its subordinated hybrid issuance to 'BB-' from 'B+'. Cemex's national long-term rating is being upgraded to 'AA-(mex)' from 'A+(mex)', and its national short-term rating is affirmed at 'F1'. The rating outlook is stable. The upgrade reflects Cemex’s ongoing stronger operating performance which, along with asset sales, has ...

USA/Puerto Rico cement market expands 3% in March

13 June 2022, Published under Cement News

Portland and blended cement deliveries in the USA and Puerto Rico saw a 3.3 per cent YoY uptick in March 2022, according to the US Geological Survey (USGS). A total of 45 per cent of deliveries were received by the five top consuming states – Texas, California, Florida, Arizona and Georgia. The leading producing states for Portland and blended cement were Texas, California, Missouri, Florida and Alabama. Masonry cement shipments totalled 228,000t in March 2022, representing a 2.7 per cent Y...

Sunshine for Argos Honduras

23 May 2022, Published under Cement News

The Honduran cement industry will see a further round of upgrades and expansion as Argos invests US$23m in key projects at its Piedras Azules and Río Blanquito cement plants. In addition to the expansion of Piedras Azules’ cement capacity, the company will also be investing significantly in renewable energy, including solar power. By Argos, Honduras. The solar farm at Argos’ Piedras Azules plant, inaugurated in 2020 Argos has announced that it will invest US$23m in strategic pro...

Puerto Rican market contracts 5% in April

20 May 2022, Published under Cement News

In April 2022 cement sales in Puerto Rico reached 1.3m bags of 42.6kg (94lb), or 55,250t, representing a five per cent drop when compared with April 2021, according to the country’s statistics office. However, sales were 13.2 per cent ahead of April 2019, before the start of the COVID-19 pandemic. In the January-April 2022 period, cement sales in Puerto Rico reached 5.02m bags, or 213,852t.

Cemex and Coolbrook to work on electric cement kiln

18 May 2022, Published under Cement News

Cemex announced that it expects to work with Coolbrook to test their patented technology that uses electricity in place of fossil fuels in the heating process of cement production. The companies have reached a memorandum of understanding (MoU) to combine their expertise to develop optimal electric process heating solutions that can be applied in the cement manufacturing process. Coolbrook's Roto Dynamic Heater (“RDH”) technology aims to revolutionise cement production by replacing foss...

Dominican Rep cement market expands 3% in 1Q22

18 May 2022, Published under Cement News

In the first quarter of 2022, cement demand in the Dominican Republic grew by 2.9 per cent YoY, according to Adocem, the country’s cement association. However, costs of most key inputs have seen a significant hike and particularly energy costs have seen a considerable rise. "Without a doubt, energy management is a key point in the economic sphere of a cement plant since it makes this industry very susceptible to deficiencies and high tariffs in the electricity sector, as well as to the c...

Cemex Ventures increases its investment in Carbon Clean

13 May 2022, Published under Cement News

Cemex has announced that Cemex Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean. Cemex Ventures has been an early-stage investor in Carbon Clean and used the opportunity of the latest Series C funding round to increase its investment further.  "We are happy to increase our investment in Carbon Clean, recognising its significant contribution to scaling carbon capture technology and the decarbonisation of our industry. Its re...