GCC secures US$135m financing for plant expansion in Texas
Mexico-based cement and construction materials producer GCC , formerly known as Grupo Cementos Chihuahua, has closed a pair of bank loans for US$135m to finance expansion plans ...
Mexico
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Cemex appoints new EMEA president and Puerto Rico manager
Cemex has appointed José Antonio Cabrera as the new president EMEA region, starting April. Mr Cabrera was first employed by Cemex in 2000 and has worked in various positions in ...
Unitherm secures new contract for gas firing equipment in Mexico
Unitherm Cemcon has been awarded a new contract to supply gas firing equipment for a calciner at a Mexican cement plant. Following the economic benefits of natural gas firing, U...
Mexico and Canada on alert as Trump pauses cement trade war
This week, President Trump escalated trade tensions by imposing a 25 per cent tariff on US imports from Canada and Mexico, before pausing the tariff rise for both countries unti...
Recarbonation of cementitious materials while absorbing CO2 from air Premium
Cement production is a significant CO2 emissions source, yet its cementitious product materials act as carbon sinks, with ambient CO2 captured in its uncarbonated CaO molecules....
Holcim Mexico mitigates 1.7Mt of CO2 in 2024
Holcim Mexico reported a reduction of 1.7Mt of CO 2 in 2024 by delivering more sustainable building materials in the country’s housing and infrastructure construction market. Th...
Cemex considers selling Colombian operations
The cement industry in Colombia could be on the verge of a major shake-up with the possible exit of Cemex, as the company is reported to be exploring the sale of its operation i...
Cemex announces new CEO
Following Fernando A González's decision to retire as CEO of Cemex after a 35-year career at the company, Cemex has appointed Jaime Muguiro, currently president of Cemex USA, as...
Cemex reports EBITDA of US$3079m in 2024
Cemex reported its 4Q24 and full-year 2024 results and saw an annual EBITDA of US$3079m and a net income of US$939m. After an exceptional year in 2023, the company continues del...
GCC reports surprise EBITDA growth despite Mexico market slowdown
GCC , formerly Grupo Cementos Chihuahua, posted mixed results for 4Q24, with a 1.3 per cent decline in total sales driven by weaker cement and ready-mix volumes in Mexico. Analy...