CEMEX extends Regenera to Egypt
CEMEX has signed an agreement with Gharbia Governorate to operate the first Regenera facility in Egypt. Through this agreement, CEMEX will treat more than 800tpd of municipal so...
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CEMEX develops Generative AI tool
CEMEX has developed the first generative artificial intelligence (AI) tool of its kind in the building material industry, transforming how its salesforce interacts with clients ...
CEMEX signs solar agreement for Clinchfield plant
CEMEX USA has entered into an off-site renewable energy agreement with Georgia Power for its Clinchfield cement plant as part of its ongoing decarbonisation drive. Through this ...
S&P upgrades CEMEX investment grade
Rating agency Standard & Poor’s (S&P) has upgraded CEMEX ’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating perf...
CEMEX and MPP collaborate on decarbonisation
CEMEX and the Mission Possible Partnership (MPP), in partnership with the Bezos Earth Fund, are collaborating to conduct an analysis of the potential of decarbonisation levers a...
CEMEX leads the field in WBA climate and energy benchmark
CEMEX has been recognised as the industry’s top-scoring company in the World Benchmarking Alliance’s 2024 Climate and Energy Benchmark. According to the company, this recognitio...
CEMEX upgraded by Fitch Ratings
CEMEX has reached full investment grade status after being upgraded to BBB- by rating agency Fitch Ratings. This follows S&P Global Ratings’ upgrade announced in March 2024. “Ac...
CEMEX divests assets in Philippines
CEMEX has announced that its subsidiary, CEMEX Asia BV, has signed an agreement with DACON Corp, DMCI Holdings Inc and Seminara Mining and Power Corp for the sale of its operati...
CEMEX sets record EBITDA in 1Q24
CEMEX has reported net sales of US$4138m in the opening quarter of 2024, marking a three per cent increase YoY. EBITDA over the same period has advanced by five per cent to US$7...
GCC net income up 51% in 1Q24
GCC SAB de CV reported a 11.9 per cent YoY increase in consolidated net sales to US$272.8m in the 1Q24 from US$243.9m in the 1Q23, mainly on the back of higher sales volumes in ...