CEMEX refinances US$3bn syndicated credit agreement
CEMEX has successfully refinanced its US$3bn syndicated credit agreement, extending the maturity to 2028. The refinanced credit agreement consists of a US$1bn five-year amort...
Central America
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Caribbean Cement sees 58% rise in 3Q net income
Jamaica’s Caribbean Cement Co , part of the TCL Group , reported revenues of JMD7bn (US$45.4m) in the third quarter of 2023, up 13.4 per cent YoY from JMD6.2bn. Operating e...
CEMEX reports 32% jump in EBITDA in 3Q23
CEMEX has reported nine per cent YoY growth in sales for the third quarter of 2023. EBITDA over the same period advanced by 32 per cent, while the EBITDA margin expanded by 3...
GCC reports 18% rise in sales in 3Q23
Mexico-based cement producer GCC has reported consolidated net sales of US$416.1m in the 3Q23, up 17.9 per cent YoY. This was primarily due to increased cement and concrete v...
CEMEX supplies Vertua to world's 10th-largest football stadium
CEMEX has supplied its Vertua water-permeable concrete for the renovation of the University of Alabama’s Bryant-Denny Football Stadium, the 10th-largest stadium in the world ...
GCCA appoints Fernando González as new president
Fernando González, CEO of CEMEX, has been elected as the new president of the Global Cement and Concrete Association (GCCA), succeeding Jan Jenisch. Mr González has been the ...
CEMEX supplies Vertua to the world's largest medical complex
CEMEX is providing more than 20,000 cubic yards of Vertua lower-carbon concrete for Houston Methodist’s Centennial Tower, the newest addition to the largest medical complex i...
CEMEX returns to Mexican debt capital markets
CEMEX has announced the successful pricing on 3 October 2023 of its sustainability-linked long-term notes for an aggregate principal amount of MXN6bn (US$332.6m), a transacti...
CEMEX acquires Kiesel
CEMEX has agreed to acquire Kiesel, a mortars and adhesives technological leader in the construction industry based in Germany, as part of its ongoing strategy to strengthen ...
CEMEX in refinancing talks with banks
CEMEX is in talks with its banks over the refinancing of a US$3bn credit facility, according to Reuters. Fernando Gonzalez, the company’s CEO, hinted that refinancing might b...