Cemex sells Panama operations, expands aggregates business in US
Cemex announced it has completed the sale of its operations in Panama to Grupo Estrella for an enterprise value of approximately US$200m, equivalent to around 12 times adjust...
Mexico
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Cemex pays US$1.177bn for resource extraction
Cemex said it paid approximately US$1.177bn in 2024 for resource extraction in the country where it operates. The payments are made by Cemex to the governments of different...
Cruz Azul breaks ground on new Campeche cement plant
Cooperativa la Cruz Azul has officially begun construction of its new cement plant in Seybaplaya, Campeche, marking a major step in the company’s expansion. The groundbreakin...
Cemento Moctezuma targets major CO2 reduction by 2030
Mexico-based producer Cemento Moctezuma has announced a 2030 sustainability roadmap aimed at reducing carbon dioxide emissions to less than 500kg per tonne of cement. The p...
Cemento Moctezuma invests MXN270m in alternative fuels
Mexico-based Cemento Moctezuma , part of Molins , has commissioned a MXN240m (US$12.9m) waste processing system at its Tepetzingo plant to increase alternative fuel use and, ...
Molins reports 9% decrease in 1H net profit
Molins posted a revenue of EUR659m (US$754.4m) for the first half of 2025, down five per cent YoY as takings were affected by the depreciation of the Mexican and Argentinian ...
Cemex reports 6% revenue decrease in 1H25
Cemex posted a five per cent decline in sales to US$4126m in the 2Q25 from US$4357m in the 2Q24. On a like-for-like (LfL) basis the decrease was four per cent. Operating EB...
GCC net sales edge up in 2Q but net profit drops
Grupo Cementos Chihuahua (GCC) reported net sales of US$363.9m in the second quarter of 2025, representing a one per cent uptick when compared with the 2Q24, when sales reach...
Cemex makes management cuts to optimise costs
Cemex , Latin America's largest cement company, has announced cuts to its corporate management staff as part of a cost optimisation plan, according to Mexico’s Reforma newspap...
Holcim Mexico key to company’s Latin American expansion
Holcim has redefined its growth strategy in its NextGen Growth 2030 programme, which aims to drive profitable expansion in Europe, Australia, North Africa and Latin America pos...