Displaying items by tag: Mexico

Mexico: Ricardo Naya Barba, the president of Cemex Mexico, has admitted that 2019 has been a ‘difficult’ year for the subsidiary of the building materials company. He said that sales volumes of cement , concrete and aggregates had fallen by 12 – 15% in the first seven months of the year, according to the Mural newspaper. He blamed the decline partly on falling national infrastructure invesment. In 2018 the country accounted for 46% of Cemex’s overall earnings before interest, taxation, depreciation and amortisation (EBITDA) around the world.

Colombia: The Regional Autonomous Corporation of Antioquia has reissued Cemex’s environmental clearance for its 1Mt/yr integrated cement plant in Macao. The certification marks the conclusion of a dispute over mining right in the course of which Cemex fired multiple executives for payment of US$25m to a private third party. La Republica reports that Cemex is now in a position to advance several licensing processes and to begin construction of connecting roads for the plant.

Mexico: LafargeHolcim has appointed Jaime Hill Tinoco as the new chief executive officer (CEO) of Holcim Mexico.

Hill, aged 50 years, was born in El Salvador. He holds a degree in Business Administration from the University of Georgetown in Washington DC. He joined LafargeHolcim in El Salvador in 1996, at first in marketing and sales. He was appointed Commercial Director in 2004 and then held the same position in Colombia. In 2015 he became CEO of Holcim Colombia.

Mexico: Installation of two Loesche petcoke grinding plants will be installed at La Cruz Azul’s cement plants Lagunas and Hidalgo later in 2019.

Both mills are LM 41.4 D type coal mills, the largest of their type. They will form part of new production lines at each of the two plants. In addition to the mills, which both have a capacity of 50-65t/hr, Loesche will also supply process gas filters, mill fans, inerting units, explosion vents, cyclone separators, conveyor augers and drag chain conveyors, as well as the complete electrotechnical equipment. The scope of supply also includes the complete detail engineering for the steel and concrete construction.

The equipment has already been fully dispatched. Installation is planned to start in December 2019 in Hidalgo. Installation of the grinding plant in Lagunas has already begun.

Mexico: Cemex has made a series of changes its senior level organisation with changes to the heads of its operations in the US and its South, Central America and the Caribbean region. These personnel changes will come into effect from 1 September 2019.

Jaime Muguiro Dominguez, the current president of Cemex South, Central America and the Caribbean, and managing director and chief executive officer (CEO) of Cemex Latam Holdings (CLH), has been appointed president of Cemex USA. He succeeds Ignacio Madridejos who had held the role since late 2015. Madridejos will leave Cemex to become the CEO of Ferrovial, a Spanish infrastructure development company.

Jesus V Gonzalez Herrera, current Cemex Executive Vice President of Sustainability and Operations Development, has been appointed president of Cemex South, Central America and the Caribbean. In addition, on 6 August 2019, Gonzalez was appointed CEO of CLH by the board of directors of CLH.

Juan Romero Torres, currently the Executive Vice President of Global Commercial Development, has been appointed Executive Vice President of Sustainability, Commercial and Operations Development. This new role combines Romero’s current responsibilities with those of the Executive Vice Presidency of Sustainability and Operations Development, which include the Health & Safety, Operations and Technology, Energy, Procurement, Sustainability and Research & Development areas.

Mexico: Austria’s Unitherm Cemcon has been awarded the supply of an MAS DT burner to an unnamed cement plant in Mexico. The burner is designed for coal, natural gas and liquid secondary fuel operation. To optimise the maintenance work, the burner is equipped with a divisible jacket tube. A satellite burner, with the supplier’s adjustment system, will be mounted on top of the main burner to improve solid secondary fuel utilisation.

Mexico: Cemex Mexico has launched a new website to sell concrete. It is intended to serve builders, contractors, small business owners, architects, construction entrepreneurs and the general public for any size of project from 1m³ upwards.

The site includes an online calculator to help customers work out the amount of concrete required for a project and technical support to aid the transaction. It also supports scheduling delivery at a specific time and date, as well as having visibility and tracking of the order in real time. The company says it is the first conle concrete sales channel in the country with ‘express’ service and full coverage.

Mexico: Cemex’s sales have fallen in all regions except for Europe. Its net sales fell by 4% year-on-year to US$6.72bn in the first half of 2019 from US$7bn in the same period in 2018. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 11% to US$1.21bn from US$1.36bn. Cement sales volumes decreased by 9% to 31.3Mt and ready-mixed concrete volumes by 3% to 24.9Mm³.

“The second quarter was impacted by the challenging global economic environment. Weaker-than-expected industrial activity and continued trade conflicts have resulted in lower investment in several of our markets. Mexico in particular has been affected by these factors, which led to lower-than-expected volumes. Adverse weather in the US also translated into muted activity during the quarter. In contrast, we are very pleased with the favourable performance of our Europe region,” said chief executive officer (CEO) Fernando A Gonzalez. He added that earnings were expected to pick up in the second half of the year due to improved government spending in Mexico, higher prices and sales volumes of cement in the US and Europe, stabilising energy prices and the group’s ‘Stronger Cemex plan’.

Mexico: GCC’s results for the first half of 2019 have been negatively affected by poor weather in the US. Its net sales grew slightly by 1.3% to US$404m from US$399 in the same period in 2018. Sales fell in the US but they rose in Mexico. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 5% to US$109m from US$115m.

“While GCC’s US operations continued to be adversely impacted during the second quarter by an above average precipitation, below-average temperatures and construction labour shortages, the substantial backlog at our US operations underscores strong demand for our products. We’ve begun to reap the benefits early in the third quarter, as the US weather has finally cleared,” said Enrique Escalante, GCC’s chief executive officer (CEO). He added that the group had ‘successfully leveraged’ its new Trident plant in Montana and improved production levels at its Rapid City plant in South Dakota following a stabilisation process. Oil well cement shipments from its Chihuahua Plant to new terminal at Fort Stockton in Texas have also started.

Mexico: Williams Crusher has appointed Alfredo Martinez as sales representative for the Mexico region. He holds 20 years of experience with the Williams line of equipment and its markets in Mexico. Williams Patent Crusher & Pulverizer Company supplies equipment for the crushing and pulverising industry. Its headquarters is in St. Louis, Missouri.