News: Cemex SAB de CV (CX.N)

CX.N on New York Stock Exchange

24 Dec 2014
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Thu, Dec 18 2014

Cemex to invest $35 mln to expand cement plant in Costa Rica

MEXICO CITY, Dec 18 - Mexico's Cemex, one of the world's biggest cement makers, said on Thursday that its subsidiary, Cemex Latam Holdings, will invest $35 million over 3 years to increase capacity at its plant in Colorado, Costa Rica.

CORRECTED- (OFFICIAL)-Mexico's Cemex sees U.S. cement prices up 5-6 pct in 2014

(Corrects to show Cemex spokesman says he was referring to cement prices in 2014, not 2015)

Mexico's Cemex sees U.S. cement prices up 5-6 pct in 2015

MEXICO CITY, Nov 5 - Mexico's Cemex expects U.S. cement prices to increase between 5 percent and 6 percent on average in 2015, the company's CEO Fernando Gonzalez said on Wednesday.

Holcim attracts 60-plus asset bids as results highlight merger logic

ZURICH - Switzerland's Holcim has received more than 60 bids for assets it must sell to win regulatory approval for a merger with Lafarge , the cement company said as it reported third-quarter results that missed expectations.

Holcim says not to form joint organisation with Cemex in Spain

ZURICH, Oct 30 - Holcim said on Thursday it no longer planned to form a joint organisation with rival Cemex in Spain because of changes in the strategic landscape of the cement industry following its proposed merger with Lafarge.

UPDATE 3-Mexico's Cemex shares rise after acquisitions ruled out

(Rewrites headline, paragraphs 1-5 with details from call)

Cemex shares up after rules out bid on Lafarge, Holcim assets

MEXICO CITY, Oct 23 - Shares in Cemex extended early gains after the company's CEO on Thursday said the Mexican cement maker is not interested in any assets its rivals Lafarge and Holcim may sell as a result of their proposed merger.

Mexico's Cemex says will not bid on Lafarge, Holcim assets-CEO

Oct 23 - Mexican cement maker Cemex will not make an offer for assets of its rivals Lafarge and Holcim that are available due to their proposed merger, Cemex CEO Fernando Gonzalez said in a conference call with analysts on Thursday.

Mexico's Cemex sees increased investment spending in 2014

MEXICO CITY, Oct 23 - Mexico's Cemex on Thursday said its 2014 investment spending would be $765 million, up from its previous forecast of $670 million. (Reporting by Elinor Comlay Editing by W Simon)

Mexico's Cemex reports narrower third-quarter loss

MEXICO CITY, Oct 23 - Mexico's Cemex, one of the world's biggest cement makers, on Thursday said its third-quarter loss narrowed to $106 million, helped by higher sales.

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