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THE Consunji Group has signed a purchase agreement with Cemex Asia B.V. to acquire its entire stake of 42.14 million common shares in Cemex Asian South East Corp. (CASEC) for $305.6 million. CASEC is the majority shareholder of Cemex Holdings Philippines Inc. (CHP), which owns 89.86 percent of its outstanding…
Mexican cement-maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating...
By Kylie Madry and Natalia Siniawski MEXICO CITY (Reuters) - Mexican cement-maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating ear...
Cemex Holdings Philippines, Inc., through its Regenera waste management solutions, has partnered with Liwayway Marketing Corporation, makers of snack food and beverage brand Oishi, to support sustainable disposal of plastic waste. The partnership is strategically designed to help address the pressing environmental issue of plastic waste in the country. Under…
CEMEX Holdings Philippines Inc. (CHP) on Friday reported that losses in the first three quarters of 2023 had widened to P 1.2 billion from P819 million a year earlier due to lower operating earnings.