Deriving those energy savings through expansion, modernisation
Caribbean. Obeserver. 08/10/08. Now that Caribbean Cement Company's Kiln 5 is fully operational, the cement manufacturer will be able to cut 30 per cent of the energy cost on manufacturing clinker but that won't translate into any dollar savings while the cost of fuel is rising.
CEMEX statement in light of current market conditions
Mexico. Cemex.com. 09/10/08. In light of the current extraordinary market conditions, CEMEX S.A.B. de C.V. (NYSE: CX) would like to take this opportunity to assure the market that our business model continues to be intact and the capital structure of the company remains unchanged. We wish to reaffirm to the market that we have slightly exceeded our guidance for third quarter and that we remain in compliance at the end of the third quarter with our financial covenant test. As of September 30th, 2008, our net debt to EBITDA ratio was reduced to 3.4:1, due to a significant reduction in net debt during the quarter from about US$17.6 billion to about US$16.4 billion.
Concrete soil solidification and stabilization technology helps reclaim industrial sites
Canada. Journal of Commerce. 11/10/08. Now the cement industry has a system that can help solve the problem. Andrew Vizer, director of engineering for the Western Region of the Cement Association of Canada explained the system.
