Loesche to supply Cruz Azul plants with coal and petcoke VRMs
Loesche has now sold two coal/petcoke grinding mills to Cooperativa La Cruz Azul SCL for its production facilities in Hidalgo, 80km north of Mexico City, and the Lagunas plant ...
Mexico
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Cemex invests in health & safety app
Cemex Ventures announced it invested in Prysmex, a Mexico-based start-up that offers an app to detect and helping to prevent workplace accidents through the Internet of Things ...
Cemex reports increase in net sales in 1Q18
Cemex has announced a 92.3 per cent YoY fall in profit for the 1Q18, decreasing from US$336m to US$26m. The sharp decline has been attributed to higher operating expenses and...
GCC quintuples consolidated net income in 1Q18
Grupo Cementos Chihuahua (GCC) reported a 13.6 per cent YoY rise in net sales to US$188.7m in 1Q18. The Mexico-based cement producer saw its EBITDA rise by 40.6 per cent to US$...
Cemex: Mexican cement market to grow 3% in 2018
Mexico’s cement market is forecast to grow by 2-3 per cent, according to Cemex CEO, Fernando González. While construction of housing is expected to advance only modestly, th...
CANACEM to ask presidential candidates for continuity
Mexico’s National Chamber of Cement (CANACEM) will ask presidential candidates for continuity in the economic model and investments projects, reports Noticias Financieras. Maur...
Mexican cement output growth to slow to below 3%
The cement sector is expected to grow by 2.5 per cent YoY in 2018 as public and private infrastructure investments are postponed for the electoral year, according to the Presid...
Buzzi Unicem Full Year 2017 results
In 2017 Buzzi Unicem group sold 26.8Mt of cement (+4.4 per cent compared to 2016) and 12.3Mm 3 of ready-mix concrete (+3 per cent YoY). Consolidated net sales increased by 5.1...
Cemex Day 2018
Cemex CEO, Fernando Gonzalez, opened the Cemex Day 2018 on 15 March, claiming that over the last four years they had built a stronger company, including achieving a US$6bn deb...
Cemex is the first company to operate plants by remote control
Cemex has announced that it is the first company in the industry to successfully operate plants by remote control. The company’s monitoring and remote control system, Centro de...