Mexico's GCC sees 32% hike in EBITDA in 3Q16
Grupo Cementos Chihuahua reported a 32.3 per cent rise in EBITDA in the 3Q16, supported by an 11.5 per cent increase in US sales, a price hike due to the depreciation of the Mex...
Grupo Cementos De Chihuahua
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Cemex
Cemex investment in Grupo Cementos de Chihuahua is being restructured, with Cemex taking a 23 per cent direct stake as well as a minority interest in Camcem, which will be the m...
Fitch upgrades Grupo Cementos de Chihuahua's ratings to 'BB'; outlook Stable
Fitch Ratings has upgraded Grupo Cementos de Chihuahua (GCC) local and foreign currency Issuer Default Ratings (IDRs) to 'BB' from 'BB-'. Fitch also upgraded GCC's US$260m senio...
GCC to invest US$90m in US plant
Grupo Cementos de Chihuahua (GCC) will invest up to US$90m in the next two years to increase capacity at one of its three US plants, while assessing further acquisition opportun...
GCC sees higher volumes and bettter pricing
Grupo Cementos de Chihuahua (GCC) reported a 19 per cent rise YoY in second-quarter net sales to MXP3051m (US$186m) on the back of higher volumes and a better pricing environmen...
GCC expects declining growth on low oil prices
Grupo Cementos de Chihuahua (GCC) expects sales growth to decline this year after record revenue last year as low oil prices constrict demand in the United States, the company's...
GCC's fourth-quarter sales rise 18% YoY
GCC (Grupo Cementos de Chihuahua) reported a sales increase of 18 per cent in the fourth quarter compared to the same period of 2013, totaling MXN2546.1m (U$$170m), reflecting a...
Fitch upgrades GCC’s ratings, outlook to stable
Fitch has raised the credit rating of Mexican cement firm Grupo Cementos de Chihuahua (GCC) to BB-, in both local and foreign currency, with a stable outlook. Fitch said in a st...
GCC appoints new American division CEO
The Board of Directors of Grupo Cementos de Chihuahua (GCC) announced that Enrique Escalante will become the chief executive officer effective 1 January 2015. Current CEO, Manua...
GCC’s Pueblo plant starts TDF usage
GCC’s Pueblo plant in Colorado has begun utilising tyre-derived fuel (TDF) in its manufacturing process. The plant team is targeting an eventual fuel replacement of 50 per cent ...