Cemex seen reporting improved 2Q results
Cemex is expected show improvement in its second-quarter results as recovering US operations offset weakness in Europe, although a stronger US dollar is likely to limit sales in...
Mexico
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Cemex to increase Mexican cement prices
Cemex announced that it is to increase cement prices in Mexico by an average of six per cent per bag as of today. (Source: Sexenio Nuevo León, Mexico)
Cemex expects to launch debt exchange offer next week
Cemex expects to launch a debt exchange offer next week, a top company official told Reuters on Friday. The offer is part of a new refinancing deal it proposed to creditors in N...
Cemex Mary Nour fine upheld by antitrust authority
Cemex has said Mexico’s antitrust agency upheld a fine of MXP10.2m (US$729,000) against the company for blocking a 2004 cement shipment from Russia, according to Bloomberg repor...
Mexican prices see slight increase
During May, cement prices in Mexico and the United States showed a slight increase. Grupo Financiero Banamex said that according to its latest survey, the average regional retai...
Cemex
Cemex' first quarter turnover increased by 3.5% to US$3,502.6m and the EBITDA improved by 6.5% to US$567.3m. The trading profit continued to recover strongly and rose by 33.9% t...
South & Central America drive Cemex higher
Cemex’ first quarter turnover was up by 3.5 per cent to US$3502.6m and the EBITDA improved by 6.5 per cent to US$567.3m. The trading profit continued to recover strongly and ros...
Mexico's Cemex seen posting narrower quarterly loss
Cemex is expected to cut its first-quarter losses by more than half from a year ago, helped by higher sales and a strong share price gain during the period.
Mexico sees slow recovery
Mexican consumption reached 40.6Mt in 2011, representing a growth of 3.9 per cent and a similar growth rate is expected for this year as a number of challenges lie ahead.
Cemex extends tender date for exchange offer
Cemex has extended the early tender date for five exchange offers launched in February this year. The company has offered to exchange euro-denominated 4.75% notes due 2014 and o...