Cement News tagged under: Moctezuma

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Higher fuel and power costs affect Mexican cement producers

22 November 2018, Published under Cement News

EBITDA margins of Cemex, Moctezuma, Cementos Chihuahua and Elementia have contracted by 0.5-2 percentage points in the 3Q18  as fuel and power costs in Mexico have risen. "At least half of the increase in costs was due to increases in energy, both electricity and energy, whose prices are dollarised," said Carlos García, infrastructure analyst at Signum Research. In the case of Cemex, the company’s overall EBITDA margin fell by 1.1 percentage points to 18.8 per cent while in Mexico, its ope...