Cement News tagged under: Latin America

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Cemex España increases ownership in Cemex Latam Holdings

17 December 2020, Published under Cement News

Cemex España SA is increasing its shareholdings in Cemex Latam Holdings SA (CLH), which is listed on the Colombian stock exchange, from 73.16 per cent to 92.6 per cent of CLH's paid and outstanding shares. This completes the tender offer made by Cemex España for all outstanding ordinary shares in CLH directed to all shareholders at a purchase price of COP3250 (US$0.95) per ordinary share. 108,337,613 ordinary shares were validated in the tender offer for an aggregate amount of COP352bn ...

Cemex's climate action strategy

04 December 2020, Published under Cement News

Cemex hosted its Climate Action webinar on Thursday 3 December 2020. It included an outline of how Cemex was looking to achieve its 2030 roadmap to reduce CO 2 emissions and the company's 2050 ambition to deliver net-zero concrete globally. The panel discussion is the first of several such forums the company aims to host as it commits to the challenge of taking on climate action. "In September 2020, Cemex launched its medium term strategy 'Operation Resilience' in which sustainability as...

LafargeHolcim enhances green solutions in Latin America

25 November 2020, Published under Cement News

LafargeHolcim is launching its ECOPact green concrete in Latin America, starting in Ecuador, Colombia and Mexico, with all key markets due to follow in the first half of 2021. The roll-out of ECOPact, which enables carbon-neutral construction, builds on its successful market adoption across Europe, the US and Canada, according to the company.   Accelerating its green building solutions in Latin America, the company also plans to introduce an EcoLabel to transparently communicate the environm...

Howden’s successful retrofit in South America

18 November 2020, Published under Cement News

Early in 2020, Howden responded to a call from a cement plant in Brazil to retrofit a fan for reduced energy consumption. This retrofit project would involve replacing the rotor, shaft and input cone of the preheater kiln exhaust fan.  The retrofit had not been allocated as a capex project. In addition, to coincide with a planned shutdown, delivery would be needed within just 35 days, in time for the installation of the kiln outage. The equipment weighed 22t with a rotor diameter of ...

Cementos Argos recognised as a world reference in sustainability

16 November 2020, Published under Cement News

For the eighth consecutive year, Cementos Argos, was recognised by the Dow Jones Sustainability Index (DJSI) as one of the world's leading companies in the construction materials sector for its good practices in economic, environmental and social matters.     "At Cementos Argos we are very excited and satisfied with this result which today makes us a world reference and demonstrates the commitment of all our employees to closing gaps and implementing good practices in social, environmenta...

Cementos Argos' EBITDA grows 10% in 3Q20

13 November 2020, Published under Cement News

Argos (Grupo Argos) delivered satisfactory results during the third quarter, amid the COVID-19 pandemic. The company reported an improvement in EBITDA despite the impact on volumes mainly caused by hurricanes and heavy rains in the USA.  During the period, consolidated shipments of cement and concrete registered a decrease of 8.4 per cent and 19.5 per cent, respectively, and of 12.7 per cent and 16.5 per cent compared to 3Q19. This decline was offset thanks to the successful execution of ...

LafargeHolcim restarts Pedro Leopoldo kiln lines

09 November 2020, Published under Cement News

After four years, LafargeHolcim has restarted the two kiln lines at its Pedro Leopoldo plant in Brazil. The work to resume the kiln Line 1 involved more than 100 professionals from various areas and were completed within the goals of time, quality, financial resource.   The Pedro Leopoldo cement plant has a cement capacity of 2.2Mta and is situated in Minas Gerais, Brazil.  

Brazil extends its recovery in spite of pandemic

06 November 2020, Published under Cement News

Brazil's cement market has seen a dramatic change in recent years with growth leading to a record production of 72.5Mt in 2014. However, this was followed by the country's biggest economic slump that has since been compounded by the outbreak of the COVID-19 pandemic. With corruption in the construction sector, currency devaluation and a drop in cement demand, Brazil's cement sector has had to revitalise itself. Flávio Guimaräes, economist at Brazil's cement association, Sindicato Nacional da...

BCPAR joint venture buys CRH's Brazilian assets

27 October 2020, Published under Cement News

Companhia Nacional de Cimento (CNC), a wholly-owned subsidiary of BCPAR SA, company in which Buzzi Unicem holds 50 per cent of the share capital in a joint venture with Grupo Ricardo Brennand, has signed a purchase agreement for the businesses of the CRH group operating in Brazil. The CRH companies operating in Brazil own three integrated cement plants and two grinding units in the southeast. The acquisition will result in a significant strengthening of BCPAR, which also operates i...

CSN reports cement revenues of BRL259m in 3Q20

20 October 2020, Published under Cement News

Companhia Siderúrgica Nacional (CSN) reported 3Q20 results for its cement division with net revenue of BRL259m (US$46.2m), up 50 per cent QoQ due to higher sales volumes, which rose by 16 per cent compared to 2Q20.  CSN’s cement division achieved an EBITDA record of BRL100m (US$17.8m) in 3Q20. " When it comes to cement, to give you an idea, the market capacity is 100Mt, a theoretical capacity at present the capacity that is available to the market is of 75 and if we analyse the third q...