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...
- April 25, 2024
- 2 Min Read
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...
- April 25, 2024
- 3 Min Read
The refinancing agreement extends the final maturity of existing ā¬450 million Term Loan to 2029 and increases facility size by ā¬300 million through a new Revolving Credit Facility maturing in 2028. Six new lenders joined the syndicated credit agreement, supporting...
- April 11, 2024
- 3 Min Read
Cemex presented today its 2023 Integrated Report, titled āSetting the Paceā, in which it provides an analysis of its strategic vision, operational performance, and value creation in a year in which it continued to set EBITDA and decarbonization records. In...
- March 25, 2024
- 3 Min Read
Cemex expects to accelerate growth in the US, lead profitable decarbonization in Europe, leverage leading position in Mexico, and scale its fast-growing Urbanization Solutions business. Strong free cash flow, consistent results, and Investment Grade rating should enable increased flexibility in...
- March 21, 2024
- 3 Min Read
Rating agency Standard & Poorās (S&P) announced today that it has upgraded Cemexās long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation. āAchieving an investment-grade...
- March 15, 2024
- 1 Min Read
Cemex joins the CCS+ Initiative, aiming to scale cutting-edge climate technologies by developing a robust carbon accounting infrastructure that promotes environmental integrity. Cemex is the first company in the cement industry to join the CCS+ Initiative, a multi-stakeholder platform developing...
- January 19, 2024
- 2 Min Read
Cemex is supplying high-resistance and Vertua lower-carbon concretes for the construction of Bogotaās First Metro Line, a project that seeks to improve the lives of over a million daily commuters in the largest Colombian city through more efficient and sustainable...
- December 15, 2023
- 2 Min Read
This week, during COP28 in Dubai, Cemex unveiled the first fully electric, zero-emissions ready-mix truck in the Middle East. The truck is fully operational and has the capacity to transport a full load of concrete. It is equipped with a...
- December 6, 2023
- 2 Min Read
Cemex is supplying Vertua lower-carbon concrete for the construction of Terminal 2 at Puerto Vallartaās International Airport, which aims to be one of the most sustainable terminal buildings in Latin America. The 68,000 square-meter new terminal is planning to be...
- November 27, 2023
- 3 Min Read
