Holcim Argentina inaugurates US$120m new line 20 May 2021
Holcim Argentina has inaugurated a new line at its Malagueño plant in Cordoba, following an investment of around US$120m.
The project included the construction of a new kiln line, a state-of-the-art vertical roller mill and a dispatch centre. The new clinker production line will increase capacity by 512,000tpa or 45 per cent. The new mill also adds an additional 630,000t, taking total plant capacity to 4.7Mta. The new line is a big bet on the domestic market and responds to the growing national demand for materials for residential construction, private investment and infrastructure works, said Christian Dedeu, CEO.
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30% of Mid-Market Lenders Dropped Rates to Compete for Borrowers in Q1
May 10, 2021, 08:19 AM
Cerebro Capital, a commercial loan platform, released its Q1 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. The results are paired with the Federal Reserve s 1Q21 survey of commercial banks to illustrate a comprehensive perspective of corporate lending to middle-market borrowers and how it compares to the previous quarter.
Cerebro s quarterly non-bank lending survey was initially launched in the second half of 2020 to provide deeper insights into the $3 trillion credit market and commercial banks compared to non-bank lenders in 1Q21. The 1Q21 survey was completed by Vice Presidents and Managing Directors of alternative lenders that target middle-market borrowers and offer loan sizes of between $2 million and $100 million.
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BALTIMORE, May 6, 2021 /PRNewswire/ Cerebro Capital, a commercial loan platform, today released its
Federal Reserve s 1Q21 survey of commercial banks to illustrate a comprehensive perspective of corporate lending to middle-market borrowers and how it compares to the previous quarter.
Cerebro s quarterly non-bank lending survey was initially launched in the second half of 2020 to provide deeper insights into the $3T credit market and commercial banks compared to non-bank lenders in 1Q21. The 1Q21 survey was completed by Vice Presidents and Managing Directors of alternative lenders that target middle-market borrowers and offer loan sizes of between $2 million and $100 million.
Cemex Maceo plant has environmental licence modified 17 February 2021
The Regional Autonomous Corporation of Antioquia has notified Cemex Colombia that the modification of the environmental licence of the Maceo plant in Antioquia has been approved.
This will allow the extraction of 990,000t of materials (clay and limestone) and the production of up to 1.5Mta of cement. This authorisation will enable the possibility of starting operations, the construction of the access road to the plant, the completion of pending actions of the project and the commissioning of the cement plant. The modification of the environmental licence is a milestone that allows us to resume work to make this project a reality, through which it is expected that we will offer our materials for infrastructure and housing works in the country more efficiently, said Alejandro Ramírez, president of Cemex Colombia and Peru.
Cemex Philippines US$235m project reaches milestone 20 January 2021
Cemex Philippines US$235m project has reached a milestone as the company has lifted the rotary kiln into place for its new line. Upon completion, the 1.5Mta expansion at Solid Cement will raise capacity to 3.4Mta. This milestone demonstrates our full commitment to the development of the country and brings us closer to further strengthening our position in providing the infrastructure and building needs for economic development, said Ignacio Mijares, CEO and president, Cemex Holdings Philippines.
Tong Laigou, chairman and general manager of CBMI Construction, has applauded the lifting of this new rotary kiln in a record time of two days. Mr Laigou said that the CBMI and Cemex Philippines teams had worked under strict protocols to secure the safety of the site.