Cementos Progreso invests $690 million in Guatemala

Cementos Progreso will invest $690 million in the San Juan Cement Factory, which will produce 2.2 million tones per year when it comes online in 2012.

Monday, December 15, 2008

Jorge Lemcke, general Manager, explained that the project started at the end of 1998 with the search for a place to set up the factory, and in 2005 they bought the San Gabriel Buena Vista farm in San Juan Sacatepequez, where they found raw material reserves to produce cement for the next 50 years.

More on this topic

Honduran Cement Plant Closed

October 2019

Argos announced the closure of its processing plant located in San Lorenzo, department of Valle, arguing that the current conditions of the cement market in the country are not the best.

One of the factors taken into account by the company for this decision was that between 2018 and 2019, activity in the construction sector decreased by 10%.

Cement Plants Report Red Numbers

August 2019

In Panama, the import of cement and the depressed activity of the construction sector explain the fall in the production of concrete and cement in the first half of the year.

According to data from the General Comptroller of the Republic, between the first six months of 2018 and the same period of 2019, the total cost of construction went from $662 million to $510 million, which is equivalent to a fall of 23%. This decline in the sector has been recorded for years.

CEMEX to supply cement for Panama Canal expansion

July 2010

The supply contract calls for approximately 500 thousand tons of cement.

CEMEX, S.A.B. de C.V. (NYSE: CX) announced the signing of a supply contract with “Consorcio Grupo Unidos por el Canal”, the primary contractor for the construction of the third set of locks of the Panama Canal expansion project.

"Cementos Progreso" Confirms Investment in Guatemala

October 2009

The company received a report from the Government, stating the lack of arguments for opposing the construction of its new concrete plant in San Juan Sacatepéquez.

The announcement was made by Jorge Lemcke, General Manager of Cementos Progreso, also known as Cempro.

"Cempro expects to start importing machinery and equipment in February 2010, and begin construction in August.

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