Cemex profits benefit from a lower minorities charge
Cemex' turnover improved by 1.7 per cent in 2018 to US$148,374.6m, while EBITDA eased by 0.6 per cent to US$1557.9m and trading profit fell by 6.9 per cent to US$1420.9m. Howeve...
Cemex
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Cemex Latam net sales fall 7% in 4Q18
Cemex LatAm Holdings (CLH) announced consolidated net sales of US$260m in 4Q18, a fall of seven per cent on the US$278m achieved in 4Q17. Operating EBITDA reached US$39m during ...
Cement companies show positive performance in CDP ranking
International organisation CDP has released its annual ‘A List’ which names the world’s leading businesses and scores them on their approach to climate change, water security an...
Cemex changes management structure
Cemex has announced a series of changes to its management structure which will come into force on 1 February 2019. Juan Romero Torres, current president of Cemex Mexico, has bee...
Cemex seeks terminal expansion in Florida
Cemex Construction Materials Florida LLC is reportedly seeking to expand its cement terminal at the port in Tampa Bay due to increased demand for cement products, according to t...
Cemex expected to increase cement price 12-13% in new year
Cemex will increase the price of cement between 12-13 per cent at the beginning of next year, according to the Mexican Association of Independent Concrete Companies (AMCI). "The...
APO Cement resumes operation of kiln lines
APO Cement (Cemex) has resumed operation of its two kilns at its cement plant in the Philippines, two weeks after they were closed due to the unavailability of raw materials. Th...
Cemex begins share repurchase programme
Cemex has begun its share repurchase programme, approved at its ordinary shareholders’ meeting for up to US$500m. "We are pleased to initiate our share buyback programme, which ...
Solid Cement borrows US$75m from related company
Solid Cement, an operating subsidiary of Cemex Holdings Philippines, is borrowing US$75m of subordinated revolving credit from Cemex Asia. The money will be used to refinance ex...
Higher fuel and power costs affect Mexican cement producers
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 lea...