Cemex news

CEMEX announced today that, through certain subsidiaries, it has successfully closed the previously informed sale of its operations in Costa Rica and El Salvador to Cementos Progreso Holdings, S.L., through its subsidiaries, for an approximate amount of US$329 million, as per the terms of the transactional documents.

CEMEX has announced their plan to expand the production capacity at its subsidiary in Jamaica, Caribbean Cement Company Limited.

CEMEX announced today that it is implementing hydrogen technology at its San Pedro De Macoris cement plant in the Dominican Republic. Fernando A. Gonzalez, CEO of CEMEX, was on hand for the project's inauguration, which is part of the company's Future in Action program that seeks to achieve carbon neutrality by 2050.

CEMEX has signed a ten-year agreement to purchase 100% clean electricity from ACCIONA Energía.

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it has completed the acquisition of a 53% stake in German aggregates company ProStein.

Fitch Ratings has upgraded the foreign and local currency Issuer Default Ratings (IDRs) of CEMEX, S.A.B. de C.V. (CEMEX) to 'BB+' from 'BB', its senior unsecured notes to 'BB+' from 'BB', and its subordinated hybrid issuance to 'BB-' from 'B+'.

CEMEX, S.A.B. de C.V. and its partners have announced the inauguration of the Carbon Neutral Alliance, which aims to accelerate the development of innovative technologies designed to transform CEMEX’s Rüdersdorf plant into the first carbon-neutral cement facility by 2030.

CEMEX has announced that CEMEX Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean.

For the fourth consecutive year, the company has been named US EPA ENERGY STAR Partner of the Year for its longstanding efforts in energy management and sustainability.

The growth was led by a 12% increase in cement prices in like-to-like terms, 8% in ready-mix, and 7% in aggregates, with all regions contributing to pricing gains.