Cemex joins initiative to lift Latin American living standards
Cemex has joined the "100,000 Pisos Para Jugar" ("100,000 Floors to Play") initiative alongside Habitat for Humanity and the Inter-American Cement Federation (FICEM). The ini...
Central America
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Cemex completes divestment in Neoris for US$209m
Cemex has finalised the sale of its remaining stake in Neoris, a digital accelerator founded more than 20 years ago. The sale will enable the company to focus on its core busin...
US and Puerto Rico cement markets contract in May
In May 2024 the USA and Puerto Rico reported a total of 0.56Mt of Portland and blended cement shipments, down 8.2 per cent YoY, according to the US Geological Survey (USGS). Th...
Cooperativa la Cruz Azul starts construction on a new cement plant
Mexico-based Cooperativa la Cruz Azul has presented plans for the construction of a new industrial unit to manufacture cement in the municipality of Seybaplaya, southwest of ...
Cemex installs renewable energy at Alrewas site
Cemex has installed an innovative renewable energy project at its Alrewas ready-mixed concrete plant in Staffordshire, UK. The system, which uses a 90kWh battery along with s...
Caribbean Cement reports gains in 1H24
Jamaica-based Caribbean Cement Co Ltd (CCCL) has announced unaudited revenue of JMD7666m (US$49m) in the quarter ended 30 June 2024. This compares to JMD7475m in the same per...
Cemex reports highest EBITDA margin in eight years
Cemex has reported strong 2Q24 results with a two per cent increase in EBITDA, while the EBITDA margin expanded to the highest level since 2016. The EBITDA margin was propell...
GCC posts 9% advance in 2Q earnings
Mexico-based GCC SAB de CV reported consolidated net sales down by one per cent to US$360.3m in the second quarter of 2024 from US$364.1m in the 2Q23. US cement and concret...
US cement sales rose in April
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico amounted to 9.232Mt in April, up 5.9 per cent YoY from the 8.719Mt recorded in Apri...
Trinidad Cement changes two executive managers
Trinidad Cement Ltd has announced two changes to its executive management team. The Cemex subsidiary's General Manager, Guillermo Rojo de Diego, will be replaced by Cemex Com...