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Cruz Azul reports loss of more than 25 thousand million pesos at the Hidalgo plant due to dissident control – El Financiero

Cruz Azul reports loss of more than 25 thousand million pesos at the Hidalgo plant due to dissident control – El Financiero

The Cruz Azul cement plantfrom the Cruz Azul SCL Cooperative, reported that has had losses of more than 25 billion pesos for the control of a dissident group of around 100 people in the cement and concrete production plant located in the state of Hidalgo during the last four years.

Rafael Anzures Ortiz, legal director of Cooperativa La Cruz Azul, said in a press conference that the company has had to increase its production capacity in four more plants in the country and announce a new investment in Campeche to support the lack of production at the Tula plant.

“We have been very emphatic in asking the state government to go to court, to go to the authorities themselves, also of the federal government, to ensure that the Law is complied with and that this plant can operate again, this entire economy can be reactivated. ”, he noted.

The legal representative criticized the Secretary of Government of GentlemanGuillermo Olivares for proposing to negotiate with the dissident group of the Cooperative, led by Federico Sarabia, which he described as “ridiculous” because he claims the group keeps the facilities hostage, affecting the employment of more than 4 thousand people, directly and hint.

“The secretary himself has been notified of the resolution for more than a year,” he said; However, it has not acted in favor of the Cooperative to recover the facilities. He added that in order not to be affected, the cement company has had to increase their capacity in their plants Oaxaca, Puebla and Aguascalientes to withstand the impact of the inoperability of the Tula plant.

What is the cement production capacity of the Cruz Azul plants?

It stood out only in Hidalgo, the plant has capacity for produce up to 35 or 40 percent of the totall cement company; However, for four years not a single batch of cement has been produced, although the salary of more than a thousand workers in this factory has been guaranteed.


Anzures Ortiz pointed out that the Cooperative is currently directed by Víctor Velázquez and José Antonio Marín in its Board of Directors and the Supervisory Board, while in its last general assembly the expulsion of Federico Sarabia, Alberto López Morales, Ignacio Muñoz Romero, Alfredo Rangel Díaz, Humberto Guadalupe Tapia, Alfredo Valdés Rodríguez, among others.

The legal representative said that they could turn to other resources and international bodies to recover the plant. Tula; However, they are confident that the governor of the state of Hidalgo, Julio Menchaca, can intervene and provide a solution. He also added that the dissident group has caused million-dollar losses due to the looting of materials and products through more than 40 billing companies.

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