Jamaica: Cemex subsidiary Caribbean Cement has co-processed 1t of waste at its Rockfort cement plant under the National Environment and Planning Agency's Adopt-a-Beach programme. Since July 2022, the producer has also recovered 500kg of recyclable materials for processing by its partners. The Our Today newspaper has reported that the cement company has carried out three cleans of its adopted beach, Sirgany Beach, to date.
Profit falls at Cementarnica Usje in North Macedonia
North Macedonia: Cementarnica Usje, part of Greece-based Titan Group has announced a 13% year-on-year fall in its net profit to Euro16.3m in 2022. It said that the decline in profit was a direct result of rising input prices.
Cementarnica Usje's operating expenses rose by 41% to US$100m in 2022, as costs for materials rose 67% to US$60m. Operating revenue grew by 25% to Euro108m. Domestic sales rose by 26% to Euro66.6m, while export sales rose by 26% to Euro37.3m.
Cemex raises US$5.8m from bond repurchases
Mexico: Cemex raised US$5.8m dollars from bond repurchases in 2022. Noticias Financieras News has reported that the producer paid US$65.2m for tender offers and other market operations over the same period.
Diamond Cement workers stage strike
Guinea: Employees from Diamond Cement began a strike on 2 March 2023. Sékouba Kouyaté, 1st delegate of the Diamond Cement workers' union, said “We have decided to go on strike under articles 431.1; 431.2; 431.3 and following of the labour code of the Republic of Guinea. To this end, it should be reiterated that the reason for this strike is the categorical refusal of the general management to open a framework for frank and credible dialogue. We pitifully deplore the fate of the workers working in this company from construction until now, more particularly in its intermediary companies that no longer comply with article 135.7 of the labor code. Enough is enough.”


