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News 05 April 2023

05 April 2023

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Vulcan Materials to increase compensation claims against the Mexican government from US$1.9bn

05 April 2023

Mexico: Vulcan Materials is reportedly preparing to launch new legal action against the government of Mexico. The government supported an alleged illegal entry by Cemex into the company's Punta Venado cement terminal on 14 March 2023. The cement producer is engaged in existing lawsuits against the government for compensation worth a total sum of US$1.9bn. It originally sued the government for US$529m in 2019. Local press has reported that the producer previously filed a subordinate claim to its suit for incursions onto its mining operations in Quintana Roo in mid-2022. The latter supplied limestone to Vulcan Materials' US operations.

Published in Global Cement News
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CICSA Group to acquire CADERSA

05 April 2023

Spain: Italy-based CICSA Group has concluded a deal to acquire chains supplier CADERSA. CADERSA serves the Iberian and Central and South American markets, including the cement industry. CICSA Group said that the acquisition will 'complete' its range of chain solutions for bulk materials handling applications. It noted CADERSA's 'deep' expertise, ranging from round steel link chains to pin and bush chains.

The group said "Through this operation, we leverage clear synergies and great product complementarity, while accessing new markets and new industries."

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Cemex redesigns Vertua reduced-CO2 product range in Europe

05 April 2023

Europe: Cemex has launched its latest packaging design for its Vertua reduced-CO2 product range at the Low Carbon World exhibition in Paris, France. The new design incorporates products' scores across five 'sustainability attributes:' emissions reduction, energy efficiency, conservation of water, recycled content and design optimisation. Cemex will now deploy the design across Europe by June 2023.

Cemex's Europe, Middle East and Africa regional president Sergio Menendez said “Cemex is attuned to the need to focus on all aspects that can make a product more sustainable - not just achieving a lower carbon footprint. With the updated classification system for Vertua, customers can now more easily identify which of our products leverage the cutting-edge technology and innovation that will enable them to overcome the challenges they are currently facing in construction and renovation." Menendez concluded "The enhanced Vertua brand represents a more ambitious and stronger approach: from a group of low carbon products to a family of products and solutions that encompass more sustainable attributes and contribute to our company vision of building a better future.”

Published in Global Cement News
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Nigerian cement exports to Togo fall 75,000t below target in 2022

05 April 2023

Nigeria: Authorities in Seme Customs Area say that Nigeria's exports of cement to Togo fell 75,000t below its target for 2022. The Sun newspaper reported that Nigeria-based Dangote Cement faced intense competition in the Togo market, leading to the shortfall for the year.

Published in Global Cement News
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Holcim Argentina seeking Young Leaders

05 April 2023

Argentina: Holcim Argentina has announced the launch of its Young Leaders youth professional development programme in its host provinces of Córdoba, Buenos Aires, Jujuy and Mendoza. The programme seeks to identify 15 'innovative, curious and results-oriented' young talents with qualifications and experience in the area of industrial, mechanical, electrical and chemical engineering, business administration, marketing, architecture or logistics. Those chosen will occupy eight-month placements at the company, beginning on 15 May 2023. There, they will manage projects under the guidance of a tutor.

Holcim Argentina's head of talent and development Claudia Vitale said "Young Leaders is specially designed to accelerate young professionals' growth by placing them in a high-performance team. It is an excellent opportunity for personal and professional development in a global industry-leading company."

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