Displaying items by tag: Mexico
Mexico: Beumer Group has won a contract to supply Cooperativa La Cruz Azul’s cement plants with 14 new 5500 – 6000 bag/hr palletisers. The cement company made the decision to modernise palletising operations at its plants following a law change requiring cement to be packaged in 25kg bags, instead of 50kg, from the start of 2023. Beumer Group plans to deliver the first five palletisers in the third quarter of 2022. The other nine machines will follow by 2023.
The supplier said “Cruz Azul and Beumer Group have had a trustful and successful partnership for decades. The system provider has convinced with its highly developed and sustainable technology and a sophisticated concept, which will enable the cement manufacturer to achieve the required performance in its packaging terminal” It continued “Covid-19 presented a particular challenge in this project. Due to the pandemic, it was not possible for Beumer experts to be on site with the customer in person. All concepts were discussed, debated and agreed online and with the support of the local group company in Mexico City.”
Cemex launches Green Financing Framework
29 June 2022Mexico: Cemex has launched a Green Financing Framework. The framework is intended to allow the building materials producer to issue green financing instruments aligned with the International Capital Market Association (ICMA) Green Bond Principles and the Loan Market Association Green Loan Principles. Under the Framework, Cemex intends to allocate the net proceeds from the issuances to finance eligible green projects in areas such as CO2 emissions reduction, clean electricity and energy efficiency, clean transportation, water management, air quality, circular economy and waste management. The framework reflects the roadmap and objectives of Cemex's climate action program, Future in Action. Cemex says it is the first of its kind in the building materials sector.
“After launching our Sustainability-Linked Financing Framework in 2021, it is only natural for us to build on that initiative with additional sustainable finance innovation in the form of the Green Financing Framework, that will enable the building of a more resilient future for all,” said Maher Al-Haffar, Cemex's Chief Financial Officer (CFO) and founding member of the United Nations Global Compact CFO Coalition for the Sustainable Development Goals.
Cemex fined US$89,000 for omitted transactions
21 June 2022Mexico: The Mexican Federal Economic Competition Commission (COFECE) has fined Cemex US$89,000 for failing to notify it of a transaction that exceeded the threshold for notification. COFECE also approved the transaction in question.
Cemex has the right to seek legal recourse against the fine.
Cooperativa La Cruz Azul thanks Mexico City authorities for dismantling criminal network
16 June 2022Mexico: Cooperativa La Cruz Azul has taken to Twitter to thank the executive and judicial authorities of Mexico City for their work in dismantling the criminal network which had previously taken control of the producer. Prosecutors have indicted former Cooperativa La Cruz Azul legal director Victor N, who went into hiding in July 2020, and an alleged accomplice, Joel N.
Holcim and Habitat for Humanity launch affordable housing renovation platform in Bajio and Veracruz
08 June 2022Mexico: Holcim and Habitat for Humanity have launched a digital platform for affordable housing renovations in the states of Bajio and Veracruz. Holcim expects the software to help to develop a sustainable and healthy built environment where everyone has a decent dwelling. The partners now plan to expand the platform to cover the rest of the Americas and the Asia Pacific region.
Germany: Cemex has inaugurated the Carbon Neutral Alliance at its integrated Rüdersdorf cement plant. The initiative is intended to accelerate the development of the site into the world’s first carbon-neutral cement facility by 2030. Jörg Steinbach, Brandenburg’s Minister of the Economy, Fernando A Gonzalez, the chief executive officer of Cemex, the Mexican ambassador to Germany and representatives from Sasol attended the event.
The Carbon Neutral Alliance comprises a network of over 20 private and public organisations, dedicated to industrial decarbonisation. Among the technologies being introduced at Rüdersdorf include a waste heat recovery project scheduled for the summer of 2022, the development of renewable energy generation and a scheme to produce aviation fuel onsite in coordination with Sasol and Enertrag.
In 2020 Cemex announced its decarbonisation target of reducing its CO2 emissions by 40% by 2030 compared to 1990 levels. This target is expected to be achieved in Europe in 2022. By 2030, Cemex intends to reduce emissions at its European sites by 55%, in line with European Union's new strategy to reduce CO2 emissions. Cemex has also announced its goal to achieve net-zero carbon emissions in concrete by 2050.
Mexico: GCC has announced its plan for a 100% Portland limestone cement (PLC) transition of its Samalayuca, Chihuahua, cement plant. The producer says that the plant will complete its transition in July 2022. It said that the move is part of its CO2 emissions reduction roadmap.
Mexico: Cemex and Coolbrook have signed a memorandum of understanding to test technology to electrify the cement kiln heating process. Coolbrook says that its Roto Dynamic Heater (RDH) technology can heat a cement kiln to 1700°C using electrical power. If generated from renewable sources this could potentially remove around 45% of the carbon emissions in cement production that normally arise from the use of fossil fuels. The companies expect the technology to be ready for commercial use at an industrial scale in 2024. They will jointly evaluate the best production site to test and develop this technology.
Ilpo Kuokkanen, the executive chair of Coolbrook, said "Coolbrook has set a target to build a comprehensive ecosystem around its revolutionary technology and to test its use in as many industrial processes as fast as possible. Together with Cemex, we can bring the technology to cement production and achieve significant emission reductions in one of the most energy and CO2-intensive industrial processes.”
Finland-based Coolbrook is a technology and engineering company that is developing processes to replace the burning of fossil fuels in major industrial sectors. Its RDH has potential applications in cement, steel and chemical production process. Its Roto Dynamic Reactor (RDR) is intended to eliminate CO2 emissions from the steam cracking process used in the production of plastic.
France: Fives’ Process Technologies division’s commercial activities, including those to the cement market, have improved in 2021 following recovery in market confidence following the start of the coronavirus pandemic in 2020. Its order intake increased by 43% year-on-year to Euro702m in 2021 from Euro490m in 2020. Its sales fell by 2% to Euro623m from Euro637m. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 63%. In the cement sector, Fives said that the North American market had been active. It reported ‘significant’ orders in Mexico, partly in response to the growing US market driven by the government’s infrastructure bill that was approved in late 2021. Fives also noted growth in Canada, where several companies are working towards carbon neutral production.
Overall, across all market divisions, Fives’ order intake, sales and earnings increased in 2021.
Mexico: The local government in Santiago de Anaya has revealed that Cementos Fortaleza is planning to build a second production line at its integrated El Palmar plant in Hidalgo. The project is expected to cost US$210m, according to the El Sol de Mexico newspaper. Cementos Fortaleza currently operates a 1Mt/yr plant at the site.