Cemex begins international green hydrogen project cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Cemex to acquire Eqiom Granulats assets 13 April 2021
Cemex has signed an agreement to expand its French network with the acquisition of aggregate assets in the northern Paris metropolitan area.
Cemex will acquire some assets of Eqiom Granulats, including two strategically-located aggregate quarries and a rail-enabled platform that will improve customer service in Paris and surrounding areas. This acquisition will allow us to better serve our customers by integrating and complementing our portfolio to provide a comprehensive and sustainable offering, directly aimed at the rapidly growing needs of the North Paris Metropolitan area, said Sergio Menendez, president of Cemex Europe, Middle East, Africa & Asia. This is a clear example of the efforts that we are doing to foster EBITDA growth by investing in key high-growth urban centres worldwide.
Cemex adquiere activos en Francia eluniversal.com.mx - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eluniversal.com.mx Daily Mail and Mail on Sunday newspapers.
Mexican cement producer Cemex on Thursday reported net income of $70 million for the fourth quarter, compared with a $238 million loss a year earlier, bolstered by higher sales in the United States and Mexico. Overall, despite the severe economic disruptions worldwide sparked by the pandemic, Cemex reported a 1% year-on-year increase in net sales on a like-to-like basis. 2020 was one of the most challenging years we have faced but it also was a remarkable year that tested the strengths of Cemex, said Chief Executive Officer Fernando Gonzalez. The Monterrey-based company, which operates in more than 50 countries, reported $3.54 billion in net sales, a 9% increase over the same period last year, beating analysts expectations.