News

CEMEX announced the plan to expand the production capacity at its subsidiary in Jamaica, Caribbean Cement Company Limited (“CCCL”). This expansion aims for an up to 30% increase CCCL’s cement capacity in Jamaica, through an investment of approximately US$40 million for the first phase of the project.

It will have the capacity to produce 12,000 tons of cement daily

Summit Materials’ Hannibal plant, operated by Continental Cement Co., a subsidiary of Summit, converted 100 percent of its annual production to portland limestone cement (PLC)

Martin Marietta Materials announced that it has entered into a definitive agreement to sell the Tehachapi, California cement plant and related distribution terminals to CalPortland Company for $350 million in cash.

Horia Adrian, President and CEO of Holcim Philippines, Inc. said: “We are determined to deliver value to all our stakeholders despite soft market and cost pressures. Our strategy to embed sustainability in our operations is enabling us to manage current challenges and deliver sustainable business performance. We are committed to pursue initiatives to broaden our range of innovative and eco-friendly building solutions, advance operational efficiency through digitalization, and strengthen customer engagement for better business results and more positive impact.”

Argos, the cement company of Grupo Argos, presented its quarterly results, highlighting record revenues and strong demand for cement and ready-mix, mainly in the United States and Colombia, as well as stable operating results in an environment of high-cost inflation thanks to the success of its commercial strategy in all geographies, the flexibility of its fuel matrix and the partial hedging of fuel prices.