The cement sector affects more than 40 branches of industrial activities

The Camara Nacional del Cemento (CANACEM) celebrated its 75th anniversary with reflections on the past, present, and future of the sector, emphasizing its commitment to the community and the environment.

During the event, Jaime Hill Tinoco, the president of the Chamber and CEO of Holcim Mexico, reported that Mexico is the second-largest cement producer in Latin America, contributing 1.5% to the annual manufacturing GDP. This impact extends to over 40 branches of industrial activities, with exports exceeding two million tons of cement and a domestic consumption of 43.5 million tons.

Modernization and Transformation

Hill Tinoco provided an overview of how the cement industry has evolved over these three-quarters of a century:

1. The sector has experienced constant growth, driven by demand in large constructions and self-construction.
2. National per capita consumption has increased by 15% in the last decade.
3. Notable achievements include the creation of the Road Safety Manual in 2022 and the launch of the Mexico-FICEM Roadmap to reduce emissions by 24% from 1990 to 2016.

Other accomplishments involve the sector's modernization and transformation into a cohesive industry in terms of productivity, social responsibility, and environmental impact, as well as the promotion of sustainable development in allied sectors such as mining, transportation, and steel.

Sustainable Development

The Chamber, through its commissions, has maintained a constant flow of information with its affiliates, enabling decision-making based on the sector's needs and goals.

"CANACEM advocates for an inclusive and diverse sector, implementing action plans for gender equality and social responsibility, thus contributing to Mexico's economic development," stated the executive.

Key Projects and Future Expectations

The launch of the Mexico-FICEM Roadmap is a key project, aiming to reduce emissions by 17% by 2030. Despite the challenges, affiliates maintain a focus on continuous improvement, seeking innovations to build a strong and sustainable Mexico.

Hill Tinoco mentioned positive expectations for the sector, with steady production growth until 2024 and improvements in environmental performance according to the Roadmap. CANACEM estimates sustained growth, remaining the second-largest cement producer in Latin America, contributing 1.5% to the annual manufacturing GDP, and impacting over 40 branches of industrial activities.

Price Setting and Transparency

He emphasized that CANACEM, subject to antimonopoly and competition laws, is considered an "economic agent" by the Federal Competition Law. It does not request prices, sales, or volume from its affiliates, and the information it handles is public and obtained from sources such as INEGI and Banxico.

Looking Ahead

Despite the successes achieved in 75 years, Hill Tinoco acknowledged that CANACEM continues to work on areas of opportunity to improve its economic, social, and environmental performance. "Fostering a culture of integrity and continuing to be a driver of sustainable development are priorities for the sector's future."

Supporting Reconstruction

Finally, he underscored that in solidarity with the people of Guerrero and Acapulco following the damage caused by Hurricane "Otis," CANACEM commits to supporting the reconstruction of the affected infrastructure. It is ready to undertake actions that benefit businesses, families, and citizens, prioritizing environmental protection and sustainability in the supply of cement and concrete.