Mexico: Cemex has updated its logo to a new design, which it says presents a ‘fresher, closer, and more dynamic’ visual identity. The groups says that this signifies a ‘clear and decisive company transformation.’
CEO Fernando González said “I am excited to present the renewed image of our company. But what excites me most is what is behind the change: a renewed commitment to helping our customers push the boundaries of sustainable construction through innovative solutions.”
Mexico: Cemex has made an issue of US$1bn-worth of notes without a maturity date. The producer says that the proceeds will fund its green initiatives.
Cemex said "Eligible green projects include capital, operating and research and development expenditures related to pollution prevention and control, renewable energy, energy efficiency, clean transportation, sustainable water and wastewater management and eco-efficient and/or circular economy-adapted products, production technologies and processes.”
US: Continental Cement will hold a ribbon-cutting ceremony for the new 114,000t-capacity cement storage dome at its Davenport cement plant in Iowa on 20 March 2023. The dome will replace existing winter storage facilities at the plant, resulting in a safer and more efficient operation, according to the subsidiary of Summit Materials.
The company’s president, David Loomes, said "The investment by Summit Materials of US$30m in the largest cement storage dome in North America represents a strong vote of confidence in Continental Cement and a commitment to sustained operations and investment in the State of Iowa."
Continental Cement plans to invest an additional US$32m in an expansion to its Green America Recycling programme, whereby it expects to achieve an alternative fuel (AF) substitution rate of 55%.
Finland: UK-based SigmaRoc has acquired dolomitic limestone supplier Juuan Dolomiittikalkki. Juuan Dolomiittikalkki’s mines command 1.5Mt of reserves, with viability until 2053. SigmaRoc will integrate the company into its subsidiary Nordkalk’s Nordics platform.
SigmaRoc CEO Max Vermorken said “We are making good progress on the acquisitions pipeline to deliver on our objective to become the leading European quarried materials group.”
