Heidelberg Materials has entered into a definitive purchase agreement to acquire ACE Group, the largest supplier of pulverised fly ash in Malaysia The acquisition aims to strengthen the company’s footprint in a growing market and meet the rising demand for...
Cemex announced on April 30,2024 that it 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. “Achieving investment grade is a milestone for...
Strong start to the year Net Sales of CHF 5,586 million, up +3.4% in local currency Over-proportional growth in recurring EBIT of +17.1% in local currency and +7.8% in Swiss franc Profitable growth continues in 2024 with recurring EBIT margin...
Cemex announced today that its subsidiary, Cemex Asia B.V., has signed an agreement with DACON Corporation, DMCI Holdings, Inc. and Seminara Mining & Power Corporation for the sale of its operations and assets in the Philippines. Once closed, this transaction...
Cemex reported record first quarter results today, with a 5% increase in EBITDA. Three of four regions, markets accounting for 90% of consolidated EBITDA, experienced a combined growth rate of 15%. EBITDA margin expanded by half a percentage point, driven...
Supplementary Cementitious Materials (SCMs) are pivotal in the efforts to decarbonize the construction industry, which is a significant source of carbon emissions globally. In Morocco, the use of SCMs such as fly ash, pozzolan, and slag is increasingly recognized not...
