Cement News tagged under: Holcim Apasco

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Holcim Apasco to be renamed

24 May 2013, Published under Cement News

Holcim Apasco is to be renamed Holcim México in order to unify the "brand and strengthen its presence as a global leader in the Mexican market," Holcim Latinoamérica's CEO Andreas Leu was quoted as saying by local publication El Universo. Holcim Apasco is Mexcio's second largest cement company with seven plants and a 12.6Mta capacity including the new 1.6Mta Hermosillo works in Sonora, north of the country. In the first three months of the year, Holcim Apasco in Mexico saw domestic cem...

Agencies withdraw ratings for Apasco’s bonds, Mexico

20 December 2012, Published under Cement News

Fitch Ratings and Standard & Poor's have withdrawn their AAA ratings for the MXP950m (US$74.5m) receivables-backed bonds issued by cement manufacturers Cementos Apasco and Concretos Apasco following repayment in full of the issuance, according to reports from the ratings agencies. The companies, subsidiaries of Holcim Apasco, repaid the issuance on 17 December, prior to the November 28, 2013 maturity date.