Elementia restructures debt with new seven-year loan
Elementia, SAB de CV has announced that it obtained a loan from Citi Banamex for MXN925m (US$49.6m) over a seven-year term, with payments beginning in the first half of 2020, g...
Mexico
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Cemex Go - a digital customer platform is launched
Cemex has launched a fully-digital customer integration platform called Cemex Go. The platform combines Cemex's industry leadership with cutting-edge digital innovation. Cemex ...
Cemex launches Cemex Go
The CEO of Cemex, Fernando A Gonzalez, has announced the release of a new multi-device application designed to simplify the customer process. Cemex Go will be a push to revolut...
Mexico City government agrees preferential price with CANACEM
Miguel Angel Mancera, Mayor of Mexico City, has confirmed an agreement between the capital’s government and the national cement industry association, CANACEM, to access prefere...
Cemex 3Q17 net sales total US$3.5bn
Cemex announced that its consolidated net sales reached US$3.5bn during the 3Q17, representing an increase of two per cent, or an increase of one per cent on a like-to-like bas...
Cemex forecasts 0.5Mt required to restore Mexican earthquake damage
Cemex said on Thursday that reconstruction efforts from two major earthquakes that hit Mexico last month will likely require 500,000t of cement over the next 12 to 18 months. ...
Elementia sees 39% rise in 3Q EBITDA
Mexico-based Elementia reported EBITDA of MXN1.296bn (US$67.9m) in 3Q17, an increase of 38.9 per cent YoY. The company attributes the rise in earnings to higher sales and price...
GCC reports 16% sales boost in 3Q results
Grupo Cementos de Chihuahua announced its results for the third quarter of 2017, which reflect the successful integration of the operations acquired in Texas and New Mexico lat...
Building materials price rise sees 8% reduction in Mexican public works
The increase in prices of building materials including cement is leading to a reduction of at least eight per cent in infrastructure works planned by Mexico’s Infrastructure Se...
Cemex will supply concete for Mexico City's new international airport
Cemex has announced it will supply 320,000m 3 of concrete for the Terminal Building of Mexico City’s new international airport. In addition to the Terminal, Cemex previousl...