Cementos Cibao opens new grinding unit
Cementos Cibao inaugurated its new 134tph cement grinding plant in the presence of the Dominican Republic’s President Luis Abinader. The project represents a multi-million dol...
Central America
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Peruvian cement prospects
Peru’s domestic cement market has been showing signs of recovery since the onset of COVID-19 and the local cement sector played an important role in helping to cushion the effe...
Argos records 1H21 cement shipments of 8.6Mt
Argos recorded cement shipments of 8.6Mt in the 1H21, an increase of 26.9 per cent compared to the 1H20. The advance was supported by the performance of the group in the USA, t...
Caribbean Cement triples 1H profit
Caribbean Cement’s profit for the first half of 2021 has tripled to JMD3bn (US$19.3m) from JMD1bn in the 1H20, on the back of stronger domestic demand. The company’s revenues...
Puerto Rico sees first fall in sales since April 2020
In June 2021, 1.3m bags, or 55,429t of cement were sold in Puerto Rico, according to the Banco de Desarrollo Económico. This represents a YoY decline of 18.8 per cent from 68,...
GCC reports 44% increase in 2Q net income
GCC saw its consolidated net sales increased 18.1 per cent YoY to US$286.7m in the 2Q21 from US$242.8m in the 2Q20. EBITDA advanced 18.6 per cent YoY to US$97m in the 2Q21 from...
GCC reports strong 2Q21 results and prepares for expansion
GCC reported a net sales increase of 18 per cent in the 2Q21 and a rise in EBITDA of 19 per cent. The company’s net financial expenses totalled US$10m during this accounting pe...
Caribbean Cement Co 2 years accident free
Cemex-owned Caribbean Cement Co Ltd is marking two years free from accidents at its Rockfort plant in Kingston, Jamaica. The milestone was officially reached on 15 July and f...
Rock Hard Distributors sees import restrictions claim dismissed
The judicial review claim brought by Trinidad and Tobago-based Rock Hard Distributors and St Lucia-based Rock Hard Distribution Ltd against the Ministry of Trade and Industry a...
US Portland and blended cement demand up 19% in April
Portland and blended cement shipments, including imports, in the USA and Puerto Rico, saw a 19 per cent YoY increase to 9.7Mt in April 2021, according to the US Geological Surv...