Central America

461 posts · Page 42 of 47

Cementos Fortaleza inaugurates Progreso plant

Cementos Fortaleza inaugurates Progreso plant

Elementia-owned Cementos Fortaleza inaugurated its new US$25m cement plant in Progreso, Yucatan, Mexico. Yucatan state governor, Mauricio Vila Dosal, and Elementia CEO, Jaime Ro...

Caribbean Cement may resume exports soon

Caribbean Cement may resume exports soon

Jamaica-based Caribbean Cement Co Ltd is awaiting the right conditions to resume cement exports. The Rockfort plant has excess capacity, despite sustained local demand for cemen...

Puerto Rican cement sales up 24% in August

Puerto Rican cement sales up 24% in August

Cement sales in Puerto Rico increased 24.4 per cent to 59,295t in August 2020 when compared with August 2019, according to data provided by Cemex Puerto Rico and Argos San Juan ...

Cemex announces plans for a US$1bn bond issue

Cemex announces plans for a US$1bn bond issue

Cemex has announced plans to issue US$1bn in senior notes to raise funds for general operations, including paying off debt, according to Reuters. The bonds will have a coupon of...

Cemex commences 'Operation Resilience'

Cemex commences 'Operation Resilience'

Cemex has outlined its 'Operation Resilience' programme, its business strategy from 2020-23 on a risk-adjusted basis. The company announced a need to focus on its core US and Eu...

Puerto Rican cement market expands 24% in July

Puerto Rican cement market expands 24% in July

Cement demand in Puerto Rico advanced 23.8 per cent YoY to 60,546t (1.42m bags of 42.6kg) when compared with 49,033t (1.15m bags) in July 2019, according to data by the country’...

Puerto Rican cement sales rise in July

Puerto Rican cement sales rise in July

Puerto Rican cement sales increased 23.8 per cent YoY in July 2020, rising to 1.42m (42.5kg) bags from 1.15m bags in the corresponding period of 2019, according to Sin Comillas....

Central America’s resilience

Central America’s resilience Premium

The markets of Honduras, Panama, Guatemala, Belize, El Salvador, Nicaragua and Costa Rica will have to show fresh resilience in the resultant aftermath of COVID-19. Dependent on...