India: Five bidders still in running for Lafarge
The Financial Express reports that Lafarge India has reduced the number of bidders vying to acquire its assets to a shortlist of five: Cemex, Anhui Conch Cement, JSW Cement, Pi...
Cemex
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Cemex sells its Bangladesh operations to Siam City
Cemex has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement for approximately US$53m.The proceeds obtained from this transaction will be used mai...
North America: fires at plant and quarry
On Tuesday fires broke out at both the Cemex Balcones Quarry, Texas, USA, and the Lehigh Hanson Materials cement plant in Edmonton, Alberta, Canada. Sara Bouffard, Cemex direc...
A change of strategy: Cemex to sell some US assets
Cemex, the Mexican giant of the cement world, announced this week that it intends to further reduce its exposure in the USA by selling US$400m worth of assets to a US subsidiar...
Cemex develops fire-resistant and explosion-proof concrete
Cemex Mexico announced today that its developed a fire- and explosion-resistant concrete designed specifically at first to safeguard data processing centre, Proyecto Q, of the ...
Cemex intends to reduce its US exposure to reduce debt
In a further effort to reduce its high gearing, which stood at 180.1 per cent at the end of March, Cemex has agreed to sell assets worth US$400m to a US subsidiary of the Mexic...
Cemex offers to buy back up to $400 mln in debt
Cemex, Mexico, said on Monday it had launched an offer to buy back up to US$400mn of debt on senior note issues due to mature in 2018, 2019 and 2022. The company said in a sta...
Cemex's 1Q16 net sales increase 3%
Cemex has announced that its consolidated net sales reached US$3.2bn during the first quarter of 2016, an increase of three per cent on a like-for-like basis for the ongoing op...
USA: Cemex fined US$400,000 over negligence at Kosmos Cement
Cemex-owned Kosmos Cement has pleaded guilty to negligence over its failure to comply with health and safety standards , which contributed to the death of a contractor. The ...
Cemex paves Egypt's first concrete highway
Cemex in Egypt contributed to the paving of Egypt’s first concrete highway. The approximately 22-mile (35km) road connects Cairo, the country’s capital, with the seaport city o...