Mexico: A group of 20 Mexican cement companies included in the association of independent concrete companies (AMCI) have announced plans to invest US$18m in the installation of a sector cluster to supply concrete for the construction of Mexico City's new international airport (NAICM).
The companies seek to provide 48% of the concrete required for the project and are currently negotiating with the Mexican construction industry chamber (CMIC) in order to obtain the association's support for the initiative. The cluster would encompass the installation of 20 concrete plants with an estimated annual production of 384,000m3. The facilities would be operative while the construction of the terminal lasts, between three and four years.
Independent concrete companies seek to reach a market participation of 80% in Mexico, as big companies like Cementos Cruz Azul, Corporacion Moctezuma and Holcim Mexico sell their non-profitable assets to small and medium sized-enterprises. A total of 50 concrete plants have been taken over by independent firms in 2014 - 2015.