Cemex to buy back over US$950m of debt
Cemex said on Wednesday it would buy back more than US$950m worth of its debt from bondholders through a tender offer, as part of a wider plan under a new chief executive to red...
Mexico
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Fitch Assigns 'BB -' Ratings to CEMEX's Notes
Fitch Ratings has assigned expected ratings of 'BB-/RR3(EXP)' to Cemex's proposed USD notes due in 2025 and its proposed Euro notes due in 2022. Proceeds from the Euro notes iss...
Argos considers acquiring Holcim and Lafarge Latin America divestments
Colombia's Cementos Argos is currently looking into acquiring the assets Lafarge and Holcim are planning to sell in Latin America, particularly Mexico and Brazil. However, it ha...
Cemex EBITDA margin under pressure
Cemex' first-half turnover improved by 5.7 per cent to US$7736.5m and the EBITDA edged ahead by 1.5 per cent to US$1269.7m, while the trading profit improved by 4.5 per cent to ...
Cemex heading towards strong earnings rebound
Cemex is expected to post a significant rebound in pretax earnings for the full year, driven primarily by the US recovery and an anticipated pick-up in Mexican volumes and prici...
Elementia in talks for Lafarge JV stake, Mexico
Elementia SA, the Mexican cement maker backed by Carlos Slim and Antonio del Valle, is in talks to buy out partner Lafarge SA in their Mexican joint venture, Bloomberg reported ...
Mexico: Cementos Fortaleza inaugurates new plant
Cementos Fortaleza’s new 1Mta greenfield plant in Santiago de Anaya, Hidalgo, Mexico, has been inaugurated. The official launch took place in the presence of Elementia president...
Mexico: Cementos Fortaleza plant to be inaugurated next week
Mexichem, Elementia and Lafarge will inaugurate the first plant of Cementos Fortaleza on Tuesday, 8 July 2014. The event will be led by Mexico’s president, Enrique Peña Nieto, a...
Cementos Molins expects return to profit
Cementos Molins expects to be back in the black in Spain thanks to the deceleration of the market slowdown in the country and the development of its business in Mexico. Full-yea...
Cemex hikes prices by 7% in Mexico
Cemex is to increase the price of grey cement in Mexico by seven per cent, its second increase of 2014.