Cement News tagged under: Cemex Latam Holdings

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Cemex Latam to build new cement works

15 August 2014, Published under Cement News

Cemex Latam Holdings is to invest around US$340m in building an additional cement works in Colombia.  The new plant will be built in the Antioquia department, which is enjoying good economic growth.  The first phase will include a grinding centre and should be completed during the second quarter of next year. The second, and final, phase is scheduled for completion during the second half of 2016. When completed, it should take company's Colombian cement capacity from around 4.5Mta to j...

Cemex Latam to participate in construction of 12,000 sustainable housing units

08 April 2014, Published under Cement News

Cemex Latam Holdings (CLH) announced today it expects to participate in the construction of approximately 12,000 sustainable housing units in Latin America during 2014, the company said in a statement. CLH will use innovative construction systems and specialty concrete products that contribute to increase energy efficiency translating into reduced energy costs for the families living in these houses. Additionally, these specialty concrete products help to optimize the use of natural resourc...

Put option exercised on Cemex's Colombia IPO

13 December 2012, Published under Cement News

Cemex's Latin American subsidiary Cemex Latam Holdings (CLH) will buy back the overallotment portion of its 15 November IPO. The subsidiary will buy the 22.2 million shares included in a put option at US$6.75 each and hold those shares in treasury, Cemex said in a statement. The purchase amounts to around US$150m. Cemex Latam raised about US$1.15bn from last month's share offering via the sale of just over 170 million shares. Of the total shares, 148.2 million were sold in a public ...