Concrete

Cemex plans $925m in investments in 2021-23

Published

4 years ago

October 19, 2021

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Cemex is said to be investing US$925m in 2021 ??2023 in production capacity expansions and upgrades, as well as in other projects to improve financial margins. Chief executive officer Fernando Gonz?lez said at its Cemex Day 2021 business update that the company plans an expansion of 10 MT/year cement capacity consisting of an extra 7.5 MT/year in the Americas, 1.5 MT/year in the Philippines and 1.0 MT/year in Europe. As a result, Cemex expects a total increase in 2023 full-year profit of $520 million. The company plans to spend around $425m on the cement capacity additions and the remainder will go towards projects on urbanisation and its other business lines.

Strategic planning and business development executive vice president Jos? Gonz?lez said that the focus of the company is on high-growth metropolitan areas, where the company’s products and solutions nurture the urbanisation needs of these markets. These areas represent around 70 per cent of the population and around 80 per cent of the gross domestic product (GDP) of construction.

Concrete

Cement industry to gain from new infrastructure spending

Published

23 hours ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

23 hours ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

2 days ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.