Cemex Chairman, CEO Zambrano Dead at 70

Lorenzo H Zambrano

Lorenzo Zambrano, who turned Cemex from a regional cement producer to a global cement giant, died yesterday in Madrid of natural causes, according to the company. Cemex announced that its board of directors will meet “in the coming days to make the necessary decisions” while the operation and administration of the group continues “to proceed normally.” It is unclear who…

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Cement Shipments Continue to Climb

Total shipments of portland and blended cement in the United States and Puerto Rico in February 2014 were 4.7 million metric tons (Mt), up slightly from the level in February 2013, according to the most recent USGS Mineral Industry Survey. Shipments for the year through February were 9.6 Mt, up slightly. The leading portland cement-producing states in February were Texas,…

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Cementos Argos Reports Positive First Quarter

Cementos Argos reported a profitable first quarter in all its regional divisions due to the recent acquisition of cement and concrete assets in Honduras and Florida as well as the growing industrialization of the construction sector in Colombia. Net income grew by 52 percent compared to the prior year period. Consolidated EBITDA and revenues increased 12 percent and 18 percent,…

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