Mexico

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Cemex launches online store

Cemex launches online store

Cemex has launched the Construrama online store for construction materials to enable fast and simple order placement, according to a press release. “Cemex’s launch of the Constr...

Cemex invests in health & safety app

Cemex invests in health & safety app

Cemex Ventures announced it invested in Prysmex, a Mexico-based start-up that offers an app to detect and helping to prevent workplace accidents through the Internet of Things a...

Cemex reports increase in net sales in 1Q18

Cemex reports increase in net sales in 1Q18

Cemex has announced a 92.3 per cent YoY fall in profit for the 1Q18, decreasing from US$336m to US$26m. The sharp decline has been attributed to higher operating expenses and fo...

GCC quintuples consolidated net income in 1Q18

GCC quintuples consolidated net income in 1Q18

Grupo Cementos Chihuahua (GCC) reported a 13.6 per cent YoY rise in net sales to US$188.7m in 1Q18. The Mexico-based cement producer saw its EBITDA rise by 40.6 per cent to US$4...

Mexican cement output growth to slow to below 3%

Mexican cement output growth to slow to below 3%

The cement sector is expected to grow by 2.5 per cent YoY in 2018 as public and private infrastructure investments are postponed for the electoral year, according to the Preside...

Buzzi Unicem Full Year 2017 results

Buzzi Unicem Full Year 2017 results

In 2017 Buzzi Unicem group sold 26.8Mt of cement (+4.4 per cent compared to 2016) and 12.3Mm 3 of ready-mix concrete (+3 per cent YoY). Consolidated net sales increased by 5.1 p...

Cemex Day 2018

Cemex Day 2018

Cemex CEO, Fernando Gonzalez, opened the Cemex Day 2018 on 15 March, claiming that over the last four years they had built a stronger company, including achieving a US$6bn debt ...