Cemex completes financing for wind farm project
Cemex has successfully completed the financing of Ventika, a project comprising the construction of two 126MW wind farms each, for a total nominal capacity of 252MW, to be locat...
Cemex
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Cemex announces offering of senior secured notes
Cemex announced today that Cemex Finance LLC (the Issuer), an indirect wholly-owned subsidiary of Cemex España, intends to offer senior secured notes in one or more series denom...
Cemex supports Typhoon Haiyan reconstruction efforts, Philippines
Cemex’s global internal fundraising campaign raised US$500,000 in donations from its employees and the company’s two-to-one matching contribution. In the wake of Typhoon Haiyan ...
Cemex upbeat on Philippine market outlook
Cemex Philippines remains optimistic that growth in the domestic cement sector will continue to grow this year on the back of the robust construction industry and high governmen...
UK: Flood-hit Ferriby works on target to resume production by end-Feb
Cemex is on target to resume production at its flood-hit South Ferriby works by the end of this month, however, challenges remain to meet the start-up schedule. Production at th...
Cemex closes 2013 with zero accidents in its Spanish works
Cemex celebrated the end of 2013 with a zero-accident rate in its 65 Spanish work sites. The company attributes the success to its “Zero Accident” campaign, started in 2007. In ...
Cemex confident on medium-term goals
Cemex remains confident that it is on track to meet its medium-term EBITDA goal as it continues to capture the full potential from its existing portfolio to improve profitabilit...
Cemex in tyre agreement with General Motors
Cemex has reached an agreement with General Motors (GM) of Mexico to use non-recyclable waste from the carmaker’s manufacturing plant in San Luis Potosí in its kilns. In exchang...
Cemex falls back in Mexico but advances in the USA
Cemex' turnover improved by 1.6 per cent in 2013 to US$15,226.5m and EBITDA emerged 0.7 per cent ahead at US$2643m, while the trading profit advanced by 17.4 per cent to US$1517...
Morgan Stanley maintains Cemex rating
Morgan Stanley has maintained its 'Overweight' rating on Cemex, raising its price target to US$14.00 from US$13.00. It believes that the Mexican cement major could be turning th...