Displaying items by tag: Mexico

Mexico: Cemex says it has completed the global deployment of its digital platform Cemex Go. The product is available in 21 countries with 96% of the company’s total recurring customers using it. 45% of Cemex’s total global sales are processed through the platform, over half a million payments are completed through it per year and 1.5 million deliveries use the system annually.

“We are incredibly proud that our vision of providing a superior customer experience enabled by digital technology has been deployed to our customers around the world. Cemex Go has proven itself as a game changer, an established and essential tool for our customers, accessible anywhere, any time to help them run their businesses with increased efficiency,” said Fernando A Gonzalez, chief executive officer (CEO) of Cemex. He added that platform was only part of the ‘initial’ stages of the company’s digital transformation plans.

Mexico: Cemex has adopted the United Nations (UN) Sustainable Development Goals (SDG). It has prioritised five goals from the charter that connect with the company’s business and represent an opportunity to contribute to the UN 2030 Agenda. These five goals are focused on the promotion of decent employment and economic growth (SDG 8), innovation and infrastructure development (SDG 9), climate change mitigation (SDG 13), environmental and ecosystem conservation (SDG 15) and the advancement of sustainable cities and communities (SDG 11). Cemex plans to continue embedding the UN SDGs into its business processes to create systemic change, increase engagement, promote a sense of purpose and raise awareness among its stakeholders.

Bolivia: Imports of cement fell by 30% year-on-year to 0.19Mt in 2018 from 0.27Mt in 2017. Data from the Bolivian Foreign Trade Institute and the National Institute of Statistics of Bolivia shows that cement imports were 0.51Mt in 2016, according to Hoy Bolivia. In 2018 Peru was the largest exporting country to Bolivia followed by Brazil, Argentina and Mexico. An increase in local production through the opening on new plants has contributed to the declining imports.

Bulgaria/Panama: Germany’s Venti Oelde has increased its sales presence in Europe and Central America. Its has appointed a new sales representative in Bulgaria, as well as one in Panama to cover countries including Mexico, Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. The company manufactures industrial products including fans and filters.

Mexico: Cemex’s cement sales volumes fell by 6% year-on-year to 14.9Mt in the first quarter of 2019 from 15.9Mt in the same period in 2018. It has blamed this on falling volumes in its key markets in Mexico and the US. Its net sales dropped by 3% to US$3.24bn from US$3.34bn. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) decreased by 6% to US$562m from US$598m. Its concrete sales volumes fell slightly to 12.1Mm3 from 12.2Mm3.

“We are pleased with the 1% top-line growth we achieved during the first quarter, despite volume declines in our two most important markets: Mexico and the US. During the quarter, we enjoyed improved pricing performance in all our regions with favourable volume dynamics in Europe. In the US, ready-mix and aggregates volumes also grew despite adverse weather in part of our footprint,” said Fernando A Gonzalez, chief executive officer (CEO) of Cemex.

By region, the group also reported falling sales in its South, Central America and the Caribbean and Asia, Middle East and Africa regions. However, sales volumes of both cement and concrete increased by over 10% in Europe. Here, net sales rose by 3% to US$805m from US$781m. This was attributed to ‘strong’ domestic demand in most countries and a mild winter.

Mexico: Grupo Cementos de Chihuahua’s (GCC) sales fell in the first quarter of 2019 due to lower cement and concrete volumes in the US. Sales volumes rose in Mexico and the group described a ‘favourable pricing environment’ in both markets. Its net sales dropped by 1.9% year-on-year to US$163m from US$167m. Cement sales volumes fell by 7.3% in the US but they rose by 3.8% in Mexico. Earnings before interest, taxation, deprecation and amortisation (EBITDA) fell by 16% to US$38.3m from US$45.6m.

“The US operations slowed, with severe inclement weather continuing into the first quarter. However, there is a strong backlog and we are picking up the pace as the weather conditions improve,” said Enrique Escalante, GCC’s chief executive officer (CEO). He added that Chihuahua in Mexico continued to perform well driven by mining shipments, industrial maquiladora plants and warehouse construction and middle-income housing starts.

Mexico: Cemex Ventures has invested in Linkx, a company that offers software to optimise goods delivery. The company’s software solution allows control of deliveries and vehicles in real time, allowing for data-based decision-making and facilitating communication and information among all involved parties: shipper, carrier, and receiver.

“This investment is a clear example of our offer. Linkx came to us at a very early stage, and together, we worked on continuous improvements by reinforcing their minimum viable product and offering continuous feedback on our knowledge of industry and technology. After numerous optimisations, we have piloted this solution with several Cemex clients to achieve a very robust solution for the supply chain management challenge," said Gonzalo Galindo, chief executive officer (CEO) of Cemex Ventures.

Cemex Ventures is the corporate venture capital wing of Cemex that was launched in 2017. It invests in startups with potential in the construction industry and works with entrepreneurs, universities and other stakeholders.

Mexico: Holcim Mexico has won an award from the National Chamber of Cement (CANACEM) for reporting no accidents at its cement plants in 2018. The award was presented at CANACEM‘s XXXVI National Congress of Occupational Health and Safety in Chihuahua.

UK: The Global Cement and Concrete Association (GCCA) has expanded its membership to 36 companies with its number of affiliates organisations rising to 15. The new members include Corporacion Moctezuma in Mexico, Unión Andina de Cementos (UNACEM) in Peru, JSW Cement in India and West China Cement in China.

The new affiliates include Oficemen (the Spanish Cement Association), the Cement Manufacturers Association of India, the Japan Cement Association, the National Ready Mixed Concrete Association in the US, the European Concrete Platform and the Federacion Iboamericana del Hormigon Premezclado (FIHP) which covers Latin America and the Iberian Peninsula

“The continuing and rapid growth of the association’s membership is very encouraging. With a strong work program now underway it’s important that our authoritative voice represents the growing list of cement and concrete manufacturers committed to our principles of enhancing industry sustainability efforts and driving innovation.” said GCCA chief executive officer (CEO) Benjamin Sporton.

The GCCA was launched in 2018. It aims to represent at least 50% of global cement production capacity.

Bolivia/Mexico/US: The US District Court of Colorado has confirmed compensation of US$36.1m awarded to Bolivian investment company Compania de Inversiones Mercantiles (CIMSA) from Mexico’s Grupo Cementos de Chihuahua (GCC). The arbitration follows a dispute that started in 2011 between CIMSA and GCC about the sales of shares in the Sociedad Boliviana de Cemento (SOBOCE) to Consorcio Cemento del Sur de Perú.

GCC said that it will continue to dispute the ruling and that it would continue to fight the legal case in Bolivia. In 2015 local courts in Bolivia overturned damages imposed by the Inter-American Commercial Arbitration Commission (CIAC) upon GCC.