Cemex reports double-digit EBITDA growth in FY21
Cemex announced strong results for the FY21 with double-digit EBITDA growth, the highest in more than a decade, coupled with a similar increase in sales, driven by higher volume...
Central America
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Dominican cement production sees 23% advance in 2021
In 2021 cement producers in the Dominican Republic manufactured 6.5Mt of cement, supplying a construction industry that saw 23.4 per cent growth as the country started its recov...
Cemex signs up companies to its Working Smarter digitalisation program
Cemex has signed separate multi-year contracts that range from five to seven years totalling US$500m with six leading service providers under its Working Smarter digital transfo...
US and Puerto Rican Portland and blended cement shipments up 9% in November
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico saw a 9.2 per cent YoY hike to 9.4Mt in November 2021, according to the US Geologic...
Caribbean Cement to launch Vertua-certified cement
Cemex -owned Caribbean Cement Co will be launching its newly co-branded Vertua-certified cement to support the reduction in carbon emissions by 40 per cent by 2030. “Vertua is a...
Cemex and Cemex ventures invest in clean hydrogen startup
Cemex and Cemex Ventures have announced their investment in HiiROC, a clean hydrogen production start-up. HiiROC developed a technology that uses thermal plasma electrolysis to ...
Puerto Rico sees 8-year high in cement sales
Puerto Rican cement sales in 2021 reached 15.6m bags, or 679,300t - a high not seen in eight years, according to the country’s Statistics Institute. This represents a 12.5 per c...
Caribbean Cement to pay 2% royalty fees to Cemex
Following shareholder approval Caribbean CementCo Ltd will pay two per cent royalties to its parent company Cemex from January 2022. The agreed fee is equivalent to two per cent...
GCC reports favourable performance in 4Q21 and 2021
GCC reported a 10.9 per cent YoY advance in consolidated net sales to US$257.9m in the fourth quarter of 2021. EBITDA remained stable at US$83.1m with an 31.5 per cent EBITDA ma...
Mexico's cement market sees cement prices surge
The price of grey cement in Mexico increased on average 14.5 per cent per 50kg bag and 20 per cent per tonne of bulk cement in January 2022 when compared with December 2021, acc...