Mexican peso depreciation causes substantial hike in cement prices
The depreciation of the Mexican peso against the US dollar has impacted negatively on the price cement and other building materials. In the year to date, cement prices have inc...
Mexico
554 posts · Page 41 of 56
Cemex
During the first nine months of the year, Cemex' turnover eased by 1.9 per cent to US$10,467.4m, while EBITDA was 8.5 per cent ahead at US$2138.1m. The trading profit advance...
Cemex' gearing declines to a still high 164 per cent
During the first nine months of the year, Cemex' turnover eased by 1.9 per cent to US$10,467.4m, while EBITDA was 8.5 per cent ahead at US$2138.1m. The trading profit advanced ...
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 Me...
Cemex expects to complete Tepeaca expansion in 2018
Cemex announced the expansion of its Tepeaca plant in Puebla, Mexico, to conclude in 2018. The plant will see the construction of a new kiln to take its production capacity to ...
Mexico: Cemex announces intention to sell its stake in GCC
Cemex SAB de CV said on Friday that it is looking to sell the 23 per cent stake it directly owns in Mexican cement producer Grupo Cementos de Chihuahua SAB de CV through a seco...
Mexico: Elementia considers price rise to help fund investment plan
Elementia is considering a potential rise in its cement price following the depreciation of the Mexican peso against the US dollar, according to the El Financiero newspaper. ...
Positive outlook for Mexican producers
This week Banco Santander reported that it has given a positive outlook for two cement producers in Mexico, following the rise in cement prices in the country as production vol...
Mexico: Ventika wind park officially opened
Mexican President Enrique Peña Nieto inaugurated the Ventika wind park in General Bravo, Nuevo León. The facility has a capacity of 252MW and is expected to generate 1mkWh annu...
Banco Santander: positive outlook for Mexican cement companies
Banco Santander analysts have upgraded their forecast on share prices of two key Mexican cement producers. The bank expects the company’s share price to rise 8.5 per cent in th...