Displaying items by tag: Americas

Mexico: Cemex has reported a 5.3% year-on-year decrease in its sales to US$4.13bn for the second quarter of 2025 compared to the same period of 2024. Its operating earnings before interest, tax, depreciation and amortisation (EBITDA) also fell by 10.5% to US$823m.

The company attributed the declines to challenging demand conditions in Mexico and the US and a difficult comparison base in 2024. In Mexico, this related to strong infrastructure spending in 2024 prior to national elections. Cemex noted that higher local currency prices in key markets and strong volume performance in its Europe, Middle East, and Africa (EMEA) region partially mitigated the results. The EMEA region recorded its highest-ever first-half operating EBITDA.

The company’s reports stated “Our operations in Europe continue progressing on decarbonisation with net CO₂ emissions in the quarter reaching a new record low of 418kg/t cement equivalent. Demand conditions continue to improve in the Middle East and Africa with volumes expanding at double-digit rates, fuelled by housing, non-residential projects and large infrastructure works.”

Cemex’s sales in Mexico fell by 23% to US$1.06bn in the second quarter of 2025 compared to the US$1.38bn in 2024. Domestic grey cement, ready-mixed concrete and aggregates sales volumes contracted by 16%, 15% and 19% respectively. In the US, Cemex blamed the drop on high rain levels in various places and continued poor performance of the residential market. Due to this sales fell by 6% to US$1.3bn.

Argentina: An investment group presided over by Argentina-based businessman Marcelo Mindlin has moved one step closer to becoming the new owner of the cement company Loma Negra. The local group is negotiating the acquisition of Loma Negra shares that are currently in the hands of InterCement, the cement company of the Brazil-based holding company Camargo Corrêa. If the deal goes through, Mindlin will control 52% of Loma Negra’s shares, while the remaining shares are listed on the Buenos Aires and New York stock exchanges.

InterCement said in late July 2025 that it had reached an agreement in principle to negotiate the sale of the shares of Loma Negra, within the framework of a restructuring of its liabilities. The deadline for the completion of negotiations is 15 August 2025. Subsidiary Loma Negra is the leading cement producer in Argentina, with a market share of close to 45%. The company will celebrate its centenary in 2026.

US: Environmental groups have welcomed the imminent start of work to rehabilitate Heidelberg Materials’ former Permanente cement plant and quarry in California, which ceased operations in 2023. The project, to start on 29 July 2025, will clean up a polluted section of the Permanente Creek, which flows from the Santa Cruz Mountains past the quarry site an into the San Francisco Bay.

The work was required as part of the settlement to a lawsuit filed in 2011 by the Sierra Club against Lehigh Southwest Cement company, which was subsequently acquired by Heidelberg Materials. Under the settlement, the company is required to restore 2.7km of the creek by 2030. The restoration will remove sediment that contains selenium, nickel and other heavy metals that have washed out of the quarry over the years. Workers also will plant native vegetation, build pools for trout, and stabilise slopes. The project's cost is estimated at US$25m, according to Heidelberg Materials’ David Perkins.

Environmental groups have said the work is overdue. "We're relieved that it's finally actually happening," said Katja Irvin, Guadalupe Group chair of the Sierra Club's Loma Prieta Chapter, based in Palo Alto. "There is mining waste in the creek, and concrete barriers in the creek. The slopes have been eroded. All of those problems eventually will be fixed.”

Mexico: Yakup Bayram, the CEO of PaneraTech, has been announced as the first keynote speaker at the 19th Unified International Technical Conference on Refractories (UNITECR) due to take place on 27 - 30 October 2025 in Cancun, Mexico. Bayram will discuss the use of artificial intelligence in refractories. He is also scheduled to moderate a panel entitled ‘Sustainability With Intelligence in the Refractories Industry.’ The call for papers for the event has closed and around 180 presentations are currently planned.

UNITECR held its first event in 1987 in Tokyo, Japan. The most recent outing took place in in Frankfurt, Germany, in 2023. The event, hosted by the German Refractory Association, featured over 200 speakers and more than 1100 participants in total. The meeting in 2025 is being hosted by the Latin American Association of Refractories Manufacturers (ALAFAR).

Mexico/US: Grupo Cementos Chihuahua (GCC) reported that sales in the US were up by 8% year-on-year in the second quarter of 2025 (April – June 2025), due to higher ready-mix concrete and cement volumes of 21% and 4% respectively. In Mexico, which represents 25% of consolidated net sales, it recorded a 13% decrease in ready-mix concrete volumes and a 6% decrease in cement volumes, impacted by an industrial slowdown and negative currency exchange effects.

The company recorded a fall in earnings before interest, taxation, depreciation and amortisation (EBITDA) of 12% to US$118m, while sales rose 1% to US$364m. Net income fell by 18% to US$73.5m from US$89.6m in the second quarter of 2024.

Argentina: The La Metropolitana recycling plant in Donovan despatched 14.1t of end-of-life tyres for industrial co-processing at Cementos Avellaneda’s La Calera plant. The facility uses the tyres as an energy source under a circular economy model. The initiative is promoted by the Ministry of Environment and Sustainable Development to support environmental protection and proper waste management.

Jamaica: Caribbean Cement Company expects to increase output by 0.15Mt in 2026, according to the Jamaican Gleaner newspaper. Managing director Jorge Martinez said that only one month into the US$42m upgrade at the company’s Rockfort plant in Kingston, daily clinker production had already exceeded expectations. The upgrade targeted a rise in production capacity from 1Mt/yr to 1.3Mt/yr. The company also plans to export 28,000t of cement to Caribbean markets from August 2025, subject to demand. Martinez said the company sees no need to import cement currently.

Production fell in 2024 due to a two-month kiln shutdown for installation works, with domestic sales dropping to 0.95Mt from 1Mt.

Mexico: Holcim has placed Mexico at the centre of its NextGen Growth 2030 strategy to ‘drive profitable expansion’ in Europe, Australia, North Africa and Latin America following the spin-off of its North American business. Mexico now plays a strategic role in scaling sustainable construction solutions across the region and will allow Holcim to respond to key global trends such as urbanisation, housing shortages, resilient infrastructure and environmental sustainability.

Holcim Mexico CEO Christian Dedeu said “Mexico is now a strategic market where we will scale innovative solutions for circular and low-carbon construction. Our goal is to triple the recycling of demolition materials, double the Disensa store network and expand our sustainable offering through ECOPact and ECOPlanet.”

Dedeu added “In a region facing major social and environmental challenges, Mexico and Latin America have the potential to lead a new era of sustainable construction. At Holcim, we are committed to scaling solutions that address the climate emergency while building progress for people and the planet.”

US: Hoffmann Green Cement Technologies has obtained ASTM C1157 certification for its H-UKR 0% clinker cement after several months of testing and trials at the University of Miami.

The benchmark standard evaluates cements on their performance, regardless of their composition. H-UKR cement is now officially recognised as a hydraulic cement that can be used in all general construction applications, whether structural or non-structural. Hoffmann Green said that this is the first time that a 0% clinker cement has obtained this certification.

Co-founders Julien Blanchard and David Hoffmann said “This international technical recognition marks a decisive step forward in our certification process, which is part of a broader ambition to expand the applications of our 0% clinker cement through continuous innovation. It validates the reliability and sustainability of our technology on a global scale, in accordance with the most demanding standards. With this certification, H-UKR has confirmed itself as a game changer technology capable of profoundly transforming an industry that has remained unchanged for more than two centuries.”

Brazil: Cement sales rose by 3.5% year-on-year to 32Mt in the first half of 2025, according to the National Cement Industry Union (SNIC). Sales in June 2025 fell by 2% year-on-year to 5.4Mt. Daily shipments grew by 0.5% year-on-year to 0.24Mt and were up by 5% compared to the first half of 2024.

The main drivers of cement consumption remain the real estate sector and the labour market, with continued low unemployment and record earnings. Despite improved inventories, SNIC confirmed weaker demand, indicating a slowdown in activity and increased uncertainty. It also highlighted the instability in the global economy, which raises concerns over the cost of cement production, especially petcoke. SNIC maintained its full-year 2025 forecast at 2.1% growth.