Displaying items by tag: Puerto Rico

Puerto Rico: Cement sales were 46,750t in January 2023, a 3.8% rise year-on-year compared to January 2022. Cement production in the territory came to 31,930t in January 2023, a 58% rise. This means that imports fell to 14,820t, 32% of all cement consumed. In January 2022 there were 24,842t of imports, representing 55% of all cement consumed in Puerto Rico.

Puerto Rico: Cemex Puerto Rico has extended its contract with the Puerto Rico Ports Authority by 20 years. The subsidiary of Mexico-based Cemex uses Pier 16 of the Port of San Juan. Joel A Pizá Batiz, the executive director of the port authority, said that data from the Development Bank Economic showed that country had a cement demand of 590,000t in 2020. He added that Cemex’s investment in the local economy was over US$400m and it injects US$20m/yr into the local economy. Cemex operates the Ponce plant in Puerto Rico. It switched to grinding cement in 2018.

Puerto Rico: Cemex Puerto Rico has successfully renewed its licence for use of Pier 16 at the Port of San Juan until 2042. Puerto Rico Ports Authority executive director Joel Pizá Batiz estimated Cemex Puerto Rica’s contribution to the territorial economy to be US$20m in 2020 and its total investments in the island to be US$400m.

The Metro Puerto Rico newspaper has reported that Puerto Rican cement consumption was 590,000t in 2020.

Colombia: The Colombian prosecution service intends to summon former Cemex Colombia chief executive officer (CEO) Carlos Jacks to face charges in relation to the Maceo cement plant corruption case. Jacks was CEO of the company for 24 years and previously headed Cemex operations in Costa Rica, the Dominican Republic and Puerto Rico, according to the Noticias Caracol television channel. A statement made by Camilo González Téllez, the former Legal Vice President, has been used by the prosecutor’s office to press charges against Jacks. So far González is the only senior Cemex executive to have received a custodial sentence in relation to the affair.

In 2016 Cemex fired several senior staff members in relation to the Maceo project and its subsidiary’s chief executive resigned. This followed an internal audit and investigation into payments worth around US$20m made to a non-governmental third party in connection with the acquisition of the land, mining rights and benefits of the tax free zone for the project. Legal proceedings followed in Colombia and the US.

Puerto Rico: Colombia-based Grupo Argos subsidiary Cementos Argos has combined the distribution capacities of its Dorado and San Juan cement terminals at the Dorado site. It recently upgraded the terminal with a new mixing system and 3000 bags/hr packaging system, up by 100% from 1500 bags/hr previously. New sensors have improved safety, while efficiency and reliability have both also increased. The company said that the consolidation has enabled it to expand its portfolio of products on offer at the major Caribbean hub.

Caribbean and Central America regional vice president Camilo Restrepo said, “At Argos, we ensure the high reputation Argos Colombia is maintained wherever we go. We are convinced that this transformation in Puerto Rico will only serve to benefit our clients. We have the assets, the capabilities, the talent and all the passion to satisfy the island's needs, all while strengthening our export vocation in the Caribbean, making this operation an important commercial maritime hub.”

Puerto Rico: Cement companies produced 43,900t of cement in May 2020, up by 2.5% year-on-year from 42,800t in May 2019. M-Brain News has reported that sales rose by 2.1% to 52,800t from 51,700t.

Puerto Rico: Puerto Rico’s two cement plants produced 37,100t of cement in March and April 2020, down by 55% year-on-year from 83,300t in March and April 2019. Domestic consumption over the period was 41,700t, down by 58% year-on-year from 98,800t. Esmerk Latin American News has reported that the decreases were caused by the suspension of construction work due to the government’s coronavirus lockdown.

Puerto Rico: Cement sales in Puerto Rico experienced a year-on-year fall of 7.4% in September 2019, to stand at 43,500t, the eighth consecutive monthly fall. Meanwhile, overall domestic cement production rose by 1.0% in the month under review, to reach 41,000t. This is the third increase reported to be observed during the first nine months of 2019.

Puerto Rico: Total cement sales in Puerto Rico fell by 11.1% year-on-year in May 2019, to stand at 1.21 million 42.5kg bags (51,425t). Cement sales have been contracting since February 2019, after 13 consecutive increases. Meanwhile, domestic cement production plunged by 33.1% year-on-year, to stand at 1 million bags, representing the fourth consecutive fall.

Puerto Rico: Road reconstruction work, housing and other infrastructure projects are raising cement sales. Over US$0.9bn of local and federal funding is being spent on rebuilding roads and around US$1.5bn has been approved for other projects, according to the El Vocero newspaper. Cement sales rose by 13.5% year-on-year to 1.2 million bags in December 2018.