Cement News tagged under: Mexico

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Building a stronger Cemex

26 March 2019, Published under Cement News

Fernando A González, Cemex's CEO, opened Cemex Capital Market Day on Wednesday, 20 March 2019 and stated that 'A Stronger Cemex' had been formed through a programme of accelerated deleveraging, bringing with it an improved credit rating and increased shareholder returns. The group achieved a top-line growth of six per cent in 2018 and generated US$1bn of free cash flow, which was used to reduce total debt by approximately eight per cent. This also enabled a dividend payment of US$150m, th...

Cemex to sell white cement plant to Çimsa

21 March 2019, Published under Cement News

Cemex has announced that it has reached a binding agreement with Çimsa Çimento to divest its white cement business, including its Buñol plant in Spain, for approximately US$180m. The final agreement is expected to be signed in April 2019, with the closure of the sale forecast for 2H19. The divestment does not include the company's white cement business in Mexico or the investment in USA-based Lehigh Cement. The deal is part of Cemex's ongoing restructure, with the potential proceeds to be m...

Cruz Azul commences construction of new Hidalgo line

27 February 2019, Published under Cement News

Mexico's Cruz Azul has begun construction of its No 10 production line at the Hidalgo cement plant. thyssenkrupp Industrial Solutions, Fives and Loesche GmbH are the suppliers of equipment and engineering development for this project, which will be completed in 22 months. "Cooperativa La Cruz Azul has taken the initiative to modernise its cement production plants to optimise production processes, increase their competitiveness and, in addition, provide their workers with better working cond...

FCB Horomill® turns 25

25 February 2019, Published under Cement News

This year marks the 25th anniversary of the FCB Horomill ® , a breakthrough technology for raw meal, cement, slag and minerals grinding. Having actively participated in the development of the mill, Buzzi Unicem reflects on the evolution of the technology in terms of mechanical, wear protection, process and layout developments. By Giovanni Battista Auxilia &  Luigi Buzzi, Buzzi Unicem, Italy. Buzzi Unicem’s Mexican associate Cementos Moctezuma employs the FCB Horomill to grind raw meal...

Holcim Mexico expects to invest up to US$50m in 2019

21 January 2019, Published under Cement News

Holcim Mexico announced its plans to invest US$30-50m in improving its operating efficiency and distribution network of its cement and concrete plants. "We have a network of over a thousand points of sale in Latin America and in Mexico we are also developing that part of a very long-term plan and a plan for Holcim's vision in Latin America," said Rodolfo Montero, CEO of Holcim. Mexico, in the event. "We also want to improve the efficiency of production, we are very concerned about the envi...

The ‘magic’ of magnesium

17 January 2019, Published under Cement News

While petcoke is a less expensive fuel option, its use can lead to operational challenges for the cement plant, such as the formation of kiln rings and build-ups in the lower cyclones of the preheater. To optimise combustion and avoid these issues, Nuh Çimento has trialled a magnesium-based chemical additive that helps control the impact of high-sulphur fuels. By Seyda Arikan, Nuh Çimento, Turkey, and Jose Hernandez, EES Services, Mexico. Figure 1: vanadium oxide complexes and their ...

Cemex changes management structure

16 January 2019, Published under Cement News

Cemex has announced a series of changes to its management structure which will come into force on 1 February 2019. Juan Romero Torres, current president of Cemex Mexico, has been appointed executive vice president of Global Commercial Development. This new role aims to capitalise on the progress that the company has achieved in its Customer Centricity strategy and provide it with a formal structure, according to a press release. As a result, Ricardo Naya Barba, current president of Cemex Col...

China accounts for 15% of Central American cement imports

07 January 2019, Published under Cement News

In the first half of 2018, Central America’s largest importing country was Nicaragua, which purchased cement from overseas sources to the value of US$28m, followed by Guatemala at US$18m. Smaller volumes were imported by El Salvador (US$12m), Honduras (US$7m), Panama (US$6m) and Costa Rica (US$5m), according to CentralAmericaData. YoY the volume of cement imports in the region advanced by two per cent from US$75.6m to US$77.1m in the 6M18 when compared with the year-ago period. Around 15...

GCC commissions Rapid City plant expansion

21 December 2018, Published under Cement News

Mexican cement producer Grupo Cementos de Chihuahua (GCC) has announced the expansion of its Rapid City, South Dakota cement plant became operational, adding 440,000tpa capacity to the existing plant. The expansion of the Dacotah cement plant began in 2016, with a total investment of around USD105m. The expansion increases the plant’s production capacity to 1.167Mta and is expected to reduce variable production costs. Earlier this year, GCC acquired the 0.3Mta Trident cement plant in Three...

Cemex expected to increase cement price 12-13% in new year

18 December 2018, Published under Cement News

Cemex will increase the price of cement between 12-13 per cent at the beginning of next year, according to the Mexican Association of Independent Concrete Companies (AMCI). "The Mexican Association of Independent Concrete Companies announced an increase in the price of concrete of 20 per cent as of January 2019; independent concrete producers have reported that Cemex will increase cement prices by approximately 12 per cent, "Citibanamex analysts said. However, they highlighted that althoug...