Cement News tagged under: Mexico
Fives to supply FCB Horomill® to Cementos Moctezuma20 October 2023, Published under Cement NewsWith 14 machines already installed in Mexico, Cementos Moctezuma SA de CV has once again selected the FCB Horomill ® technology to increase the cement production capacity of its Tepetzingo plant. Cementos Moctezuma and Fives FCB recently signed a contract for the supply of one FCB Horomill 3800 grinding mill and associated supervisory services for erection and commissioning. The collaboration between Fives and Cementos Moctezuma is a success story. During 29 years of collaborati... |
GCCA appoints Fernando González as new president17 October 2023, Published under Cement NewsFernando González, CEO of CEMEX, has been elected as the new president of the Global Cement and Concrete Association (GCCA), succeeding Jan Jenisch. Mr González has been the association’s vice president since 2018 and is seeking to galvanise collective efforts to cut greenhouse emissions, setting out the following priorities for industry and governments: • take decisive action to phase out fossil fuels and promote the use of alternative fuels by encouraging regulation to divert societal... |
CEMEX supplies Vertua to the world's largest medical complex12 October 2023, Published under Cement NewsCEMEX is providing more than 20,000 cubic yards of Vertua lower-carbon concrete for Houston Methodist’s Centennial Tower, the newest addition to the largest medical complex in the world. The 26-story tower, expected to begin a phased opening in 2027, will house a new and expanded emergency department, enhanced imaging services, and space for additional hospital beds. CEMEX has already supplied 11,000 cubic yards for the tower’s foundation. “CEMEX’s purpose of building a better future come... |
CEMEX returns to Mexican debt capital markets05 October 2023, Published under Cement NewsCEMEX has announced the successful pricing on 3 October 2023 of its sustainability-linked long-term notes for an aggregate principal amount of MXN6bn (US$332.6m), a transaction that represents its return to the Mexican debt market after a 15-year absence. The closing of the offering is expected to take place today, 5 October 2023, subject to satisfaction of customary closing conditions. The notes consist of two tranches: the first, for an amount of MXN1bn with a three-year tenor at a ... |
CEMEX acquires Kiesel29 September 2023, Published under Cement NewsCEMEX has agreed to acquire Kiesel, a mortars and adhesives technological leader in the construction industry based in Germany, as part of its ongoing strategy to strengthen CEMEX’s Urbanization Solution business through bolt-on acquisitions. “We remain committed to increasing our capacity to serve growing urban markets with more sustainable and innovative solutions,” said Sergio Menéndez, president of CEMEX Europe, Middle East, Africa and Asia. “This acquisition will enhance our Urban... |
CEMEX in refinancing talks with banks22 September 2023, Published under Cement NewsCEMEX is in talks with its banks over the refinancing of a US$3bn credit facility, according to Reuters. Fernando Gonzalez, the company’s CEO, hinted that refinancing might be an option back in July this year following CEMEX’s upgraded outlook to 'positive' by ratings agency Fitch. “We're in current discussions with our banks, because the biggest amount of debt that is maturing is bank debt,” explained CEMEX's Chief Financial Officer, Maher Al-Haffar. He is reported as saying that a 10... |
CEMEX leads the way in environmental impact information21 September 2023, Published under Cement NewsCEMEX is the first company in its industry to provide environmental impact information, including CO 2 emissions, for its core products in all of the main markets in which it participates around the world. This disclosure is customised by location and is critical for architects, engineers, contractors, and customers looking to develop more sustainable construction. Depending on the market’s customary practices, this is addressed either through Environmental Product Declarations (EPDs... |
CEMEX joins UN Forward Faster initiative19 September 2023, Published under Cement NewsCEMEX has reaffirmed its commitment to the UN’s Sustainable Development Goals (SDGs) through a series of collaborative efforts that seek to accelerate progress and inspire others in the private sector. Among these efforts are CEMEX’s participation in the UN’s Forward Faster initiative. Launched in September 2023 during the UN General Assembly week, the Forward Faster initiative aims to bring businesses together to accelerate their contribution to society in five action areas —gender equ... |
CEMEX supplies Vertua to Khalifa Port expansion07 September 2023, Published under Cement NewsCEMEX will provide over 200,000m 3 of Vertua lower-carbon concrete for the development of the topside infrastructure for the expansion of the Khalifa Port in the UAE, one of the largest port infrastructure projects in the world. Strategically situated midway between Abu Dhabi and Dubai and serving 25 major shipping lines with direct links to over 70 international destinations, Khalifa Port is an 18.5m deep-water multipurpose port with a total of 10.6km of quay wall that include two con... |
CEMEX in talks to sell Dominican Republic business06 September 2023, Published under Cement NewsCEMEX is reportedly considering selling its assets in the Dominican Republic. According to Bloomberg, the cement producer is working with J P Morgan Chase & Co on the potential divestment of its business in the Dominican Republic as it decides to shift its focus onto bigger markets. CEMEX, which has had a presence in the country since 1995, currently runs a 2.4Mta cement plant at San Pedro de Macorís , and also has 10 concrete plants, two aggregate quarries, a gypsum mine and three mar... |