Cement News tagged under: Cooperativa La Cruz Azul
Cooperativa Cruz Azul councils take control of Oaxaca plant05 January 2021, Published under Cement NewsThe administration and surveillance councils of Mexico’s Cooperativa Cruz Azul have reportedly taken back operational and administrative control of the company’s cement plant in Lagunas, Oaxaca, according to Reporte Indigo. The councils are headed by José Antonio Marín and Víctor Manuel Velásquez. However, other partners have indicated that the recent takeover of the plant will be legally fought. In October last year, an attempt was made to execute a judicial order to retake the facilitie... |
First sustainable credit to the Mexican cement industry agreed27 April 2020, Published under Cement NewsBBVA Mexico has formalised a sustainable credit for MXN2.2bn (US$88.7m) over a five-year term to Cooperativa La Cruz Azul. According to the bank, it is the first sustainable credit in the Mexican cement industry and also the first of this year. The producer is expected to use the funds to modernise its production plants in Hidalgo and Oaxaca to reduce energy and water consumption, thereby making its production more efficient and reinforcing its commitment to the environment. The credit... |
Loesche to supply Cruz Azul plants with coal and petcoke VRMs18 May 2018, Published under Cement NewsLoesche has now sold two coal/petcoke grinding mills to Cooperativa La Cruz Azul SCL for its production facilities in Hidalgo, 80km north of Mexico City, and the Lagunas plant in Oaxaca in the south of the country. In each of these cases, the Cruz Azul group is establishing a new production line. At the 2.8Mta Hidalgo plant, the new line and all existing kiln lines are to be supplied withground petcoke from the new Loesche mill. In addition to the vertical roller mill with a capacity o... |
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