Cemex says strong dollar may delay higher debt rating
Mexican cement major Cemex said on Thursday that the strength of the US dollar could postpone the ability of the company to win back an investment grade debt rating, according ...
Mexico
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Cementos Chihuahua 3Q15 sales rise 23% YoY
Mexico’s Cementos Chihuahua posted sales of MXN3.983bn (US$241.4m), up 23 per cent YoY, in the third quarter of 2015. The rise in turnover has been attributed to higher volu...
Cemex’s data centre recognised for energy efficiency
Cemex announced today that its Data Center, located in Monterrey, Mexico, was awarded the Certified Energy Efficient Datacenter (CEEDA) Gold Certification – the highest recogni...
Mexican cement firms line up for airport contracts
A group of 20 Mexican cement firms from AMCI, the association of independent concrete companies, are to invest MXN300m (EUR15.90m, US$18.03m) in the installation of a sector c...
Mexican cement prices increase
Mexican newspaper Reforma reported that cement prices in the country were increased by about six per cent on 1 September. This is the third price hike in the year which sugges...
GCC sees higher volumes and bettter pricing
Grupo Cementos de Chihuahua (GCC) reported a 19 per cent rise YoY in second-quarter net sales to MXP3051m (US$186m) on the back of higher volumes and a better pricing environme...
Cemex completes refinancing of its 2012 facilities agreement
Cemex announced yesterday that it has fully repaid the total amount outstanding of approximately US$1.94bn under the facilities agreement dated 17 September 2012, as amended fr...
Mexico: cement price up 8%
In the year to date, the price of cement in Mexico has increased by just over eight per cent. This follows a price rise of nine per cent in 2014, said Juan Francisco Sanchez Kr...
Cemex 2Q like-for-like net sales up 5%
Cemex announced yesterday that consolidated net sales reached US$3.8bn during the second quarter of 2015, representing a decline of eight per cent YoY, or an increase of five p...
Elementia raises MXN3.93bn with IPO, Mexico
Mexican construction holding Elementia raised MXN3.93bn (US$250.15m) with its initial public offering (IPO) on 9 July 2015. The company set an initial price of MXN17 per sha...