Displaying items by tag: Corporacion Moctezuma
Mexico: Corporación Moctezuma has appointed Julio Rodríguez Izquierdo as the chair of its board of directors. This follows the resignation of Enrico Buzzi from the post. The change is a planned and periodic rotation of the holder of the role between the company’s two controlling shareholders: Spain-based Cementos Molins and Italy-based Buzzi Unicem. Together, the European cement companies own a 66.7% share of Corporación Moctezuma.
Rodriguez Izquierdo, a 60-year-old Spanish national, is the chief executive officer of Cementos Molins. Prior to becoming the head of Cementos Molins in 2015, he worked for over 30 years at Schneider Electric in a variety of roles before becoming the Executive Vice President Global Operations in 2011.
Mexico: Corporación Moctezuma has appointed Juan Mozo Gómez as its chief financial officer with effect from the start of 2022. He succeeds Luis Rauch, who has decided to leave the post after four years for personal reasons. Mozo has experience in the financial sector and held positions in companies in the cement and concrete industry. He holds a degree in Business Administration from Pompeau Fabra University in Spain.
Global Cement and Concrete Association expands membership to 36 companies and 15 affiliates
09 April 2019UK: 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.
Italy: A recovery in sales volumes in Central and Eastern Europe has helped Buzzi Unicem maintain stable sales in 2016. Its net sales rose slightly to Euro2.67bn in 2016 from Euro2.66bn in 2015. Cement and clinker sales volumes remained flat at 25.6Mt. It also reduced its net debt to Euro942m from Euro1.03bn. The cement producer reported slowing sales growth in the US, a decline in Russia and a continued ‘marked’ fall in sales in Italy.
By region, the cement producer said that cement and clinker sales volumes fell by 6.2% year-on-year due to a reduction in exports. Volumes rose in Germany by 3.4% despite low prices and oil well cement demand picked up in the last quarter of the year. Poland reported a 11.9% boost in volumes, driven by the second half of the year, despite lower prices compared to 2015. In Russia sales volumes started to improve in the second half of the year hitting an overall decline of 1% as a decline in construction industry investment started to soften. Also of note, sales of oil well cement started to recovery towards the end of the year.
Cement sales volumes in the US started to decline throughout the year, eventually falling by 1.7%, with a notable weakness in demand in Texas, particularly in the Houston area. Again, oil well cement products declined over the year as a whole but showed signs of recovery in the final months of the period. Finally, Buzzi Unicem’s associate company Corporación Moctezuma saw its cement sales volumes rise slightly compared to 2015, supported by rising prices.
Mexico: Corporacion Moctezuma has announced that Fabrizio Donega will become its new general director from 3 October 2016. Donega will replace Pedro Carranza Andresen, who is due to retire after 10 years working for the corporation. Corporacion Moctezuma was formed in 1982 from the merger of Cementos Moctezuma and Concretos Moctezuma.