PROGRESO, YUCATAN (September 21, 2020)Elementia-owned Cementos Fortaleza inaugurated its new US$25m cement plant in Progreso, Yucatan, Mexico. Yucatan state governor, Mauricio Vila Dosal, and Elementia CEO, Jaime Rocha Font attended the ceremony.
The production facility has a capacity of 0.25Mta and incorporates state-of-the-art technology. It will complement the company’s current coverage of the Mexican market and is in line with its present expansion strategy.
At the end of 2019, Elementia’s cement operations held a market share of 7.5 per cent in Mexico with the company selling just over 3Mta of cement. Its capacity utilisation rate was around 87 per cent. The cement producer has four cement plants in operation and 3.75Mta of production capacity, including the new Progreso plant.
Published under Cement News
The Yucatan Times
more recommended stories
Check out these specials at Haven Riviera Cancun Resort & Spa
The luxury all-inclusive Haven Riviera Cancun Resort.
Day of the dead 2020: Online altar contest to take place in Chetumal
The Chetumal business sector and government.
House robbery at Yucatán Country Club despite security
MÉRIDA, YUCATAN (October 22, 2020).- Two.
American Citizen Consular Services in Mexico updates services
Change in Services Notice – U.S..
AM Best Affirms Credit Ratings of MAPFRE México
AM Best has affirmed the Financial Strength.
Pope Francis says gay couples should be legally covered with civil union laws
Pope Francis said in a documentary.
LatinFinance Forum 2020: Mexico’s response to the pandemic crisis and the steps to economic recovery
October. 21, 2020 /PRNewswire/ — Mexico’s deputy finance.
Mexican health officials estimate that the country has risen above 1 million cases
MEXICO CITY — Mexican health officials.
Mexico enacts law to guarantee public access to all beaches
MEXICO CITY (AP) — Property owners.
Mexico reaches Water Deal with U.S. ahead of Oct. 24 deadline
MEXICO CITY (Reuters) – Mexico has.