Breedon completes asset acquisition from Cemex
Breedon has completed completion the acquisition of certain assets and operations from Cemex, as announced on 8 January 2020. As previously indicated, the Competition and Market...
Cemex
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1H20 results show regional impact of coronavirus on cement demand
This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, Heidelber...
Cemex sales decline by 10% in 2Q20
Cemex reported significant disruption from COVID-19 in 2Q20. Sales declined by 10 per cent YoY and EBITDA fell by six per cent to US$554m. These decreases were attributed to loc...
Cemex launches Vertua® low-carbon concrete
Cemex has launched Vertua® a low-carbon concrete range of products designed to offset residual CO 2 and provide a CarbonNeutral® concrete product. Vertuar achieves a 70 per cent...
Cemex to help take FastCarb to the industrial level
Cemex is participating in the IREX-administered FastCarb project that will capture CO 2 in concrete, which is then used in aggregate. The scheme will improve the quality of this...
Cemex confirms decision to close Ferriby plant
Following consultations with employee representatives and Unite the Union, Cemex has confirmed that it will be mothballing its South Ferriby plant in north Lincolnshire, UK. App...
Preparing for a financial crisis Premium
Dr Michael Clark looks at how the global health emergency of the COVID-19 pandemic is expected develop into a financial crisis, and the potential impacts of this for the cement ...
Cemex cancels El Musel project due to COVID-19
Cemex is cancelling its terminal project that would see the company import 150,000tpa of cement via the Ingeniero Olano dock in El Musel, Gijón, Spain. In February 2019 Cemex ap...
Cemex's climate strategy still on track
Cemex has announced that it will be continuing to move ahead with its climate action strategy, as part of its response to the COVID-19 pandemic. In February the company announce...
Cemex announces plans for US$1bn bond issue
Cemex has announced plans to issue US$1bn worth of bonds, with a 7.375 per cent coupon and a maturity date of June 2027. The issue is expected to be used to support ongoing busi...