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 R...
Central America
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Cemex Ventures to work with Carbon Clean on affordable carbon capture
Cemex Ventures (Cemex group) has signed an agreement with Carbon Clean, a leader in low-cost modular carbon dioxide capture and separation technology, aimed at developing a car...
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 ceme...
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 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 coupo...
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 E...
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 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
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 o...
Dominican Republic market contracts 20% in 1H20
Cement sales in the Dominican Republic fell 20.3 per cent YoY to 1,835,598t in the first half of 2020 from 2,303,915t in the 1H19, reports the domestic cement association, Adoc...