Mexico: During Mexican president Claudia Sheinbaum’s press conference on 19 August 2026, La Cruz Azul announced an investment of US$383m to ‘reactivate’ its cement plant in Hildalgo. The project is expected to restore production capacity to 3Mt/yr. The investment includes US$106m for renovation and reconditioning works, which are reportedly already underway, and US$217m for a new production line that has reached 85% completion, according to chair of the company’s board Victor Manuel Velázquez.
Cooperativa La Cruz Azul invests US$383m in Hidalgo plant
