Cementos Fortaleza begins construction of cement mill
Mexico’s Cementos Fortaleza, part of Elementia, has begun the construction of a new 0.25Mta cement mill in Merida, Yucatan. The plant represents an investment of US$30m and wil...
Mexico
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Cemex would have investment grade until 2020
The strategy to reduce the leverage level would allow Cemex to recover its investment grade in the first part of 2020, according to Citibanamex projections. "We expect the co...
Mexican cement prices forecast to rise in 2018
Cement prices in Mexico are expected to continue their rise this year. Cemex increased its cement price at the start and in the middle of the year by Cemex, "We have announced ...
Holcim Mexico to raise prices of bagged cement
Holcim Mexico has announced that the prices of its bagged cement products will increase by seven per cent from 1 September. The hike has been attributed to the high volatility ...
Elementia to invest US$30m in Yucatán grinding unit
Mexican cement producer Elementia will invest US$30m in a 0.25Mta grinding unit in Yucatán, reports CE Noticias Financiers. The project is in line with Fortaleza’s commercial...
GCC 1H18 sales rise by 11.4%
Grupo Cementos de Chihuahua (GCC) reports that its 1H18 sales increased 11.4 per cent to US398.8m, generating US$115m in EBITDA, up 22 per cent YoY. However, the company's net ...
Cementos Fortaleza to burn El Huixmí tyres
Cementos Fortaleza will play a key part in disposing of 867t of tyres that were stockpiled in the El Huixmí sanitary landfill in Pachuca de Soto, Mexico. Municipal president...
GCC acquires Trident Cement, sells OK and AR ready-mix operations
Meixcan cement producer Grupo Cementos de Chihuahua (GCC) received regulatory approval for the purchase of the 0.315Mta Trident cement plant in Three Forks, Montana, USA, from ...
Cemex raises cement price 5% in Mexico
Cemex has increased the price of cement in Mexico by five per cent last week, making it the second price rise by the company this year. The increase applies to national sales o...
Cemex launches online store
Cemex has launched the Construrama online store for construction materials to enable fast and simple order placement, according to a press release. “Cemex’s launch of the Con...