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 the...
Mexico
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Cemex awarded for environmental efforts
Cemex was awarded the Honourable Mention for the 2016 National Award of Ecological Merit by Mexico’s Secretariat of Environment and Natural Resources. The award is the most impo...
Cemex re-organises its Cementos Chihuahua investments
Grupo Cementos de Chihuahua’s ownership is being restructured, with Cemex taking a 23 per cent direct stake as well as a minority interest in Camcem, which will be the majority ...
Cemex reports 6% rise in net consolidated sales and EBITDA
Cemex reported a six per cent YoY rise – on a like-for-like basis for the ongoing operations and adjusting for currency fluctuations – in net consolidated sales for the second...
Mexico: Geocycle brand aims for a future without waste
Geocycle is unifying its brand globally and in Mexico, the company operating under the name Ecoltec will now be known as Geocycle. It will continue to offer sustainable waste ma...
IFC grants Cemex EUR106m "green" loan
The International Finance Corp (IFC) has granted Cemex a loan of EUR106m to support the company’s sustainable development investment in emerging markets.
Market analysts upgrade outlook for Cemex shares
Cemex SAB de CV was upgraded by analysts at Scotiabank from a "sector perform" rating to an "outperform" rating in a note issued to investors on Thursday, The Fly reports. Howev...
Mexico: Moctezuma appoint new general director
Fabrizio Donega will be Corporación Moctezuma's new general director from 3 October 2016. Donega will replace Pedro Carranza Andresen, who is due to retire after 10 years workin...
Cemex develops fire-resistant and explosion-proof concrete
Cemex Mexico announced today that its developed a fire- and explosion-resistant concrete designed specifically at first to safeguard data processing centre, Proyecto Q, of the S...
Cemex to invest in seven energy projects
Cemex has plans for seven energy projects in Mexico, including wind parks, according to its CEO, Fernando González Olivieri.