New Mexican cement player to enter the market
Privately-held Mexican conglomerate Elementia, part-owned by billionaire Carlos Slim plans to list shares on the local exchange and is launching a cement company on the Mexican ...
Mexico
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Cemex's nine-month EBITDA rises 9%
In the first nine months of the year, Cemex’ turnover decreased 2.1 per cent to US$11,273.8m but the EBITDA did improve nine per cent to US$2003.2m. The company's gearing is com...
Cemex interested in investing in INC
Industria Nacional de Cemento, has reported that Mexican cement giant Cemex has expressed an interest in investing in the Paraguayan state-owned producer.
Cemex sees 9% increase in 3Q12 operating EBITDA
Cemex said on Thursday it expects to report a nine per cent rise in operating cash flow in the third quarter of 2012, compared with the year-earlier period, although sales in do...
Cemex completes refinancing deal, Mexico
Cemex said on Monday it has completed its plan to refinance US$7.2bn of debt and push back maturities by up to four years.
Cemex clears refinancing deal, considers asset sales
Cemex will extend maturities of bank loans by three years after its restructuring offer won acceptance from creditors holding 92.6 per cent of the debt.
Mexico: Cemex shares climb on asset sale plan
Cemex SA shares outperformed the broader Mexican equity market Wednesday, rising as much as seven per cent after the Mexican cement maker said it plans to sell a minority stake ...
Cemex bolstered by improving US sales
Cemex has reported an improved profit line for the first-half of 2012, as sales from its US division move into long-awaited positive territory signalling that the debt-laden pro...
Cemex creditors agree to US$421m new notes swap
Cemex said on Tuesday that creditors had so far agreed to swap debt holdings for US$421m of new high-yield notes as part of its plan to refinance its debt burden. Reuters report...
US operations boost Cemex’s second quarter results
Cemex has reported its highest quarterly EBITDA since the third quarter of 2009 as a pick-up in US operations helps to offset declines in Europe and Mexico.