Protests in Nicaragua affect cement sector
Demonstrations against Daniel Ortega, president of Nicaragua, which began in April 2018, have reportedly had a negative impact on the country’s economy, according to Reuters. Ce...
Cemex
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Cemex Holdings Philippines reports improvement in 1H19
Cemex Holdings Philippines (CHP) saw a significant improvement in net profit for the first six months of 2019, reversing its previous PHP582m (US$11.39m) net loss to a PHP802m p...
Peter Donkersloot to resign from Caribbean Cement
Peter Donkersloot Ponce, general manager of Caribbean Cement Co (TCL Group), has announced that he will resign his post effective from 31 July. The position will be filled by Ya...
Cemex increases cement exports from its Mexican plants
In 2018 Cemex advanced its share of cement exports from its Mexican plants to six per cent. In terms of destination of these shipments, around 63 per cent of Cemex’s total cemen...
Caracolito’s cleaner air Premium
The replacement of the electrostatic precipitator with a bag filter at Cemex’s Caracolito plant in Colombia has had a positive impact on the company’s emissions indicators as we...
Cemex aligns with UN sustainable development goals
Cemex has announced that it is strengthening its commitment to the United Nations (UN) Sustainable Development Goals (SDGs) by prioritising five goals that are directly connecte...
Cemex breaks ground on new line in the Philippines
Cemex Holdings Philippines (CHP) has broken ground on its new US$235m line at the plant of its subsidiary, Solid Cement, in Antipolo, Rizal. Upon completion, the expansion is ex...
Caribbean Cement reports 237% increase in net profit
Jamaica’s Caribbean Cement Co Ltd has announced a two per cent YoY revenue increase to JMD4.45bn (US$33.35m) for the first quarter of 2019. However, its net profit surged 237 pe...
Cemex results supported by Europe in the 1Q19
Cemex has announced that its consolidated net sales increased by one per cent on a like-for-like basis to US$3.2bn during the first quarter of 2019, after adjusting for foreign ...
Cemex receives approval for Maceo operations up to 2040
Cemex has received approval from the Attorney General’s Office in Colombia to carry out mining operations at its plant in Maceo, Antioquia. The contract will last until 2040 wit...