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Welcome To IANS Live - NATION - Two workers die at railway construction site in Assam

Northeast Frontier Railway (NFR) Chief Public Relation Officer (CPRO) Subhanan Chanda said that the incident took place when the concrete slabs were being placed after the earth-cutting by the engaged staffs of the contractor in between Panbari-Thakurkuchi stations in the Guwahati-Lumding section under Lumding Division. He s ....

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Cemex holds steady in 2020 as business picks up in fourth quarter


Cemex holds steady in 2020 as business picks up in fourth quarter
Written by Global Cement staff
12 February 2021
Mexico: Cemex recorded consolidated cement volumes of 63.8Mt in 2020, up by 2% year-on-year from 62.7Mt in 2019. Ready mixed concrete sales volumes fell by 6% to 47.0Mm3 from 50.1Mm3. Its net sales fell by 1% to US$13.0bn from US$13.1bn although the group has reported a slight rise on a like-for-like basis. Operating earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to US$2.46bn, up by 3% from US$2.38bn. However, sales and earnings picked up significantly in the fourth quarter of 2020.
Fernando A González, the chief executive officer (CEO) of Cemex said, “2020 was one of the most challenging years we have faced but it also was a remarkable year that tested the strengths of Cemex and several of our recent strategic initiatives. I am proud of our performance, the organ ....

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