Cement News tagged under: Cemex

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Cemex contributes to main trade route between Mexico and the USA

15 January 2016, Published under Cement News

Cemex announced that Cemex Mexico contributed to the restoration of the Monterrey-Nuevo Laredo highway, the main export-import route between Mexico and the US. Located in northeast Mexico, the Monterrey-Nuevo Laredo highway connects Mexico with the state of Texas in the United States. With 52 per cent of Mexico’s imports and exports moving along this highway, it is one of the main trade routes across the Mexican and US border. With more than 15,000 truckloads flowing across this highway ...

Philippines: Apo Cement Corp recognised for environmental stewardship

06 January 2016, Published under Cement News

Apo Cement Corp, a subsidiary of the Cemex Philippines, was recently recognised for its environmental stewardship, health and safety, and community development achievements. The Apo team received the awards from the Presidential Mineral Industry Environmental Award (PMIEA) committee during the 62nd Annual National Mine Safety and Environment Conference in November. The awards included the Presidential Mineral Industry Environmental Award 2015 – platinum award, best mining forest and safes...

Cemex presents new conservation book

10 December 2015, Published under Cement News

Cemex has released a new conservation book entitled “Earth’s Legacy: Natural World Heritage,” the third edition of its Nature Series. "This new book combines photography with expressive prose to enhance the reader’s comprehension and concern for the conservation of our planet’s culturally arresting and naturally diverse World Heritage sites," Cemex said in a statement presenting the new publication. The company highlighted that for over two decades, it has worked with some of the world’s m...

Cemex planning another price rise in Mexico

09 December 2015, Published under Cement News

Cemex plans to increase prices for bulk cement in Mexico starting January 2016, according to local media. Reforma reported that a letter was sent by Cemex to its customers in November to inform them of the pending hike. JP Morgan has noted that Cemex had raised prices by 21 per cent over FY-2015 which resulted in a decline in the company’s market share as peers had raised prices to a much lower extent. In the research house's view, this is likely to result in continued volume improvement ...

Cemex: senior level organisational changes

02 December 2015, Published under Cement News

Cemex announced today changes to its senior level organisation, effective 1 January 2016. All of the executives named below are current executive committee members: Juan Romero Torres has been ratified as President of Cemex Mexico. Ignacio Madridejos Fernández has been appointed President of Cemex USA. Jaime Gerardo Elizondo Chapa has been appointed President of Cemex Europe. This new region will now integrate all the company's operations in Europe including Spain and Croatia. ...

Cemex Health & Safety practices recognised in Europe

25 November 2015, Published under Cement News

Cemex announced yesterday that its operations in the United Kingdom (UK) and Latvia earned prestigious industry awards for their outstanding health and safety (H&S) practices. Cemex UK was awarded the John Crabbe Trophy, the Mineral Products Association’s (MPA) highest honour for H&S. Cemex Latvia won the Latvian Golden Helmet Award, granted by the State Labour Inspectorate of the Republic of Latvia in recognition of excellent practices in work safety. In awarding this edition of the Joh...

Cemex recognised for environmental disclosure

12 November 2015, Published under Cement News

Cemex announced that it was ranked second in the Latin American Climate Disclosure Leadership Index, a ranking compiled by CDP that recognises leading companies in the disclosure of data related to environmental and CO2 emissions performance. Cemex earned this honour for its sound sustainability practices and its comprehensive disclosure, which earned a score of 99 out of 100 for the transparency and completeness of information provided. This is the fourth consecutive year that Cemex was i...

XXIV Cemex Building Award winners announced

11 November 2015, Published under Cement News

Cemex announced the winners of the XXIV Edition of the Cemex Building Award at an awards ceremony held in the Colegio Vizcainas, a nonprofit educational institution in Mexico City. This year’s Cemex Building Award received 637 entries in the Domestic Edition and 36 entries in the International Edition. The participants’ buildings were constructed in Colombia, Costa Rica, Croatia, the Dominican Republic, Germany, Guatemala, Hungary, Mexico, Nicaragua, Panama, Puerto Rico, Spain, and the Uni...

Cemex says strong dollar may delay higher debt rating

10 November 2015, Published under Cement News

Mexican cement major Cemex said on Thursday that the strength of the US dollar could postpone the ability of the company to win back an investment grade debt rating, according to a report by Reuters. Cemex, burdened with a heavy debt load from its 2007 acquisition of Australia's Rinker, has been focusing on reducing debt in a bid to regain an investment-grade rating by 2018. "The question now is what to expect with respect to the strength of the dollar. If it stays like this, then getting ...

Cemex completes Austrian & Hungarian disposals

03 November 2015, Published under Cement News

Cemex announced yesterday that it has closed the sale of operations in Austria and Hungary to the Rohrdorfer Group for approximately EUR160.1m. The transaction was originally announced on 12 August 2015. The Austrian operations consist of 24 aggregate quarries (approximately 6.47Mt of aggregates sold in 2014) and 34 ready-mix plants (approximately 1.6Mm3 of ready-mix sold in 2014). Cemex's operations in Austria had net sales of approximately US$241m in 2014. The Hungarian operations consi...