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 ope...
Cemex
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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 comp...
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 of...
Cemex to invest in seven energy projects
Cemex has plans for seven energy projects in Mexico, including wind parks, according to its CEO, Fernando González Olivieri.
Cemex divests of Bangladesh and Thailand units, potential sale of minority stake in Philippine assets
Cemex announced yesterday that it has signed an agreement for the sale of its operations in Bangladesh and Thailand to Siam City Cement Co for approximately US$53m. Meanwhile, C...
Cemex announces pricing of US$1bn in Senior Secured Notes
Cemex announced today the pricing of US$1bn of its 7.750 per cent Senior Secured Notes due 2026 denominated in US Dollars. The notes will bear interest at an annual rate of 7.75...
Cemex obtains required consents to amend its credit agreement
Cemex announced yesterday that, in line with the company's current initiatives of enhancing financial flexibility and reducing risk, it has obtained the required consents to ame...
Mexico: cement prices rise 6.7% in 2015
Cement prices in Mexico have risen 6.7 per cent in 2015, according to the National Institute of Statistics and Geography (INEGI). It is the highest price advance recorded since ...
Cemex outlines 2016 investment spend
Cemex plans to invest US$700m in various maintenance and expansion projects in 2016, according to Fernando González, CEO of Cemex. Of the total sum US$450m will be allocated to ...
Cemex reports positive net income for the first time in six years
Cemex announced yesterday that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by two per cent duri...