Cement News tagged under: Central America
CEMEX acquires two Spanish quarries31 August 2023, Published under Cement NewsCEMEX is strengthening its aggregates supply in Europe with the purchase of two quarries near Madrid as part of its strategic bolt-on acquisition strategy. Madrid and its surrounding areas are currently undergoing major urban expansion. Through this acquisition, CEMEX is better positioned to serve customers in the area, particularly for infrastructure projects, says the company. The deal strengthens CEMEX’s limestone reserves and includes all necessary elements for CEMEX to provide a be... |
CEMEX updates sustainability-linked Financing Framework15 August 2023, Published under Cement NewsCEMEX has updated its sustainability-linked Financing Framework to align with its more ambitious 2030 decarbonisation targets, announced on November 2022 and validated by the Science-Based Targets initiative (SBTi) for alignment under its 1.5°C scenario. CEMEX’s framework, first issued in 2021, aligns the company's financing strategy with its corporate sustainability commitments. The framework establishes CEMEX’s guiding principles when issuing new sustainability-linked financing instr... |
CEMEX signs waste agreement in Dominican Republic10 August 2023, Published under Cement NewsCEMEX ’s circular waste management business, Regenera, and DP World, a global leader in supply chain solutions, have signed an agreement for circular waste management solutions in the Dominican Republic. Under the agreement, Regenera will convert used tyres from DP World Dominicana’s logistics operations into a substitute for fossil fuels, thereby avoiding landfilling and the associated methane emissions. After exhausting all avenues for waste circularity (reduction, reuse, and recycling... |
US/Puerto Rico Portland and cement shipments up 4% in May01 August 2023, Published under Cement NewsPortland and blended cement shipments, including imports in the USA and Puerto Rico, in May 2023 advanced 4.3 per cent YoY to 10.1Mt. Of the total blended volume, 4.1Mt, or 96 per cent, was Portland limestone cement (Type IL). The leading cement-consuming states were Texas, California, Florida, Georgia and Ohio, who received a total 38.2 per cent share of May shipments. The leading cement-producing states were Texas, Missouri, California, Michigan and Florida. They accounted for 40.1 per cen... |
GCC sees net income increase 53% YoY in 2Q2328 July 2023, Published under Cement NewsGCC SAB de CV reported a 13.7 per cent increase in consolidated net sales to US$364.1m in the first quarter of 2023. In Mexico sales advanced 34.4 per cent as a result of a 3.2 and 8.8 per cent increase in cement and concrete volumes, respectively. Cement and concrete prices rose by 11.5 and 14 per cent, respectively. Excluding the appreciation of the local currency, sales were up by 20.2 per cent. In the USA, sales were up 6.6 per cent, partly due to a 3.6 per cent pick-up in concrete... |
CEMEX hits Vertua milestone in Colombia07 July 2023, Published under Cement NewsCEMEX has reached a sales milestone for its Vertua net zero CO₂ concrete in Colombia, surpassing 100,000m 3 of the product, enough to fill 40 Olympic-sized swimming pools. According to CEMEX, this achievement showcases progress towards the company's ambitious goal for its Vertua lower-carbon cement and concrete products to reach more than half of all cement and concrete sales by 2025. Vertua lower-carbon and net zero concrete are part of a range of materials with measurable sustainabl... |
CEMEX's Regenera expands Mexican operations03 July 2023, Published under Cement NewsCEMEX ’s circular waste management business, Regenera, is expanding its operations in Mexico with the opening of a new facility in partnership with leading waste collection company PASA. The partnership between Regenera and PASA will support the Mexican city of Puebla’s efforts to become a zero-waste city. Puebla’s solid municipal waste will be sorted at the new joint facility. After separating out all recyclable waste, the remaining waste will substitute fossil fuels at CEMEX’s nearby... |
Puerto Rico’s cement sales down 9% in May16 June 2023, Published under Cement NewsCement sales in Puerto Rico declined 8.5 per cent YoY to 1.2m bags of 94lb, or 51,165t, in April 2023, according to the country’s Institute of Statistics. However, in May 2023 the market expanded by 5.7 per cent YoY to 1.4m bags, or 59,693t. In the year-to-date, approximately 6.4m bags of cement have been sold in Puerto Rico. This represents a volume of 272,881t, up 0.6 per cent YoY when compared with the January-May 2022 period. Output from domestic cement plants was down 10.1 per cent Y... |
Holcim acquires Minerales y Agregados15 June 2023, Published under Cement NewsHolcim has acquired Minerales y Agregados, a leader in advanced mortars and adhesives in Guatemala. Minerales y Agregados represents Holcim’s first production facility in Guatemala, while expanding the region’s Solutions & Products range with a new line of business. Holcim expects to deliver synergies by expanding the supply of Minerales y Agregados from its plants in Metapán, El Salvador, as well as by expanding the advanced mortars and adhesives offer from the Disensa retail network. ... |
US and Puerto Rico Portland and blended cement shipments down 6% in March07 June 2023, Published under Cement NewsTotal shipments of Portland and blended cements, including imports, in the USA and Puerto Rico declined by six per cent YoY to 8.7Mt in March 2023, according to the US Geological Survey (USGS). Of the total blended volume reported, 3.2Mt, or 96 per cent, was estimated to be Portland limestone cement (Type IL). The leading consuming states were Texas, Florida, California, Georgia, and Arizona, which accounted for 42.5 per cent of the total market. The leading producing states were Texas, Mis... |