Cemex sells Panama operations, expands aggregates business in US
Cemex announced it has completed the sale of its operations in Panama to Grupo Estrella for an enterprise value of approximately US$200m, equivalent to around 12 times adjusted ...
Panama
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Panama approves 2-year extension on grey cement import tariffs
To protect Panama’s cement industry, the country’s government is extending the tariff of grey cement imports by two years. The Minister of Commerce and Industry, Julio Moltó, ex...
Cemex to use waste fishing nets as alternative fuel
Cemex will use abandoned fishing nets to produce alternative fuel for its kilns in Panama. Cemex, the Aquatic Resources Authority of Panama (ARAP) together with Audubon Americas...
Cement demand in Panama contracts 3% in January-July 2024
Cement consumption in Panama was down 3.1 per cent to 752,427t in the January-July 2024 period from 776,126t in the 7M23, according to INEC, Panama’s national institute of stati...
Argos Panama’s strive for carbon neutrality
Argos Panama (part of Cementos Argos SA ) is committed to making the construction of housing and infrastructure more sustainable. Gustavo Uribe, CEO of Argos Central America, hi...
Cementos Progreso emerges as a true regional player
While Cemex has divested its Caribbean assets in the Dominican Republic, one company has jumped on the opportunity to expand its presence in the region. Guatemala-based Cementos...
Cemex signs alternative fuel agreement with 3M
Cemex has expanded its use of alternative fuels with an agreement with 3M in Panama to process their industrial waste. This collaboration aligns with Cemex’s Future in Action st...
Cayman Islands expands import list to counter cement shortage
The Cayman Islands has added three countries to its list of approved cement providers to help ease shortages currently being experienced by the domestic construction industry. T...
Cemex Panamá to produce low-carbon general-purpose cement
Cemex Panamá announced it will be producing its first low-carbon cement as part of its Cementos Vertua general-purpose cement product range. Cementos Vertua’s CO 2 emissions are...
Cemex Latam Holdings announces 4Q20 EBITDA fall of 1%
Cemex Latam Holdings SA reported that the company's consolidated net sales and EBITDA in the 4Q20 fell by three and one per cent, respectively, compared to the 4Q19. Jesús Gonzá...