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Cemex sells 7 quarries to Baker family, ex Florida Rock
30 August 2010
(MONTERREY, Mexico) -- CEMEX, S.A.B. de C.V. announced last week that it has completed the previously-announced sale of seven aggregates quarries, three resale aggregate distribution centers, and one concrete block manufacturing facility in Kentucky to Bluegrass Materials Company, LLC...
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Cemex offers new Senior Secured Notes
05 April 2010
(MONTERREY, Mexico) -- CEMEX, S.A.B. de C.V. (CX), announced today the commencement of four separate private offers to exchange CEMEX's currently outstanding Perpetual Debentures for new senior secured notes to be denominated in Dollars and Euros...
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EPA again names CEMEX USA 2010 ENERGY STAR® Partner of the Year
02 March 2010
The U.S. Environmental Protection Agency (EPA) has named CEMEX USA a 2010 ENERGY STAR Partner of the Year for outstanding energy management and reductions in greenhouse gas emissions. CEMEX's accomplishments will be recognized at an awards ceremony later this month in Washington, D.C. on March 18, 2010...
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Cemex announces Senior Management changes
10 February 2010
(MONTERREY, MEXICO) – CEMEX, S.A.B. de C.V. (NYSE: CX), announced today changes to its senior management team.
Fernando A. Gonzalez has been appointed Executive Vice President, Planning & Finance. Mr. Gonzalez, who has served CEMEX in a variety of executive capacities since 1989, and has been a member of the Company’s Executive Committee since 2003, will be responsible for all corporate strategic and developmental functions, including the Company’s relationships with capital markets.
CEMEX also announced the retirement of Hector Medina, Executive Vice President of Finance and Legal, and Armando J. Garcia, Executive Vice President of Technology, Energy and Sustainability. Mr. Medina and Mr. Garcia each took advantage of an early retirement program for senior executives...
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Cemex seen to be posting another 4Q loss
25 January 2010
(MONTERREY, Mexico) -- Mexico's Cemex probably notched up its second net loss in more than a decade during the fourth quarter of 2009, burdened by falling demand and an extraordinary charge linked to an asset sale...
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Martin Marietta Announces Retirement of CEO Zelnak; Nye to Assume CEO Position
12 November 2009
Martin Marietta Materials, Inc. (NYSE: MLM) today announced that Chairman and CEO Stephen P. Zelnak, Jr., 64, will retire mid-year 2010 after leading the Company for over 27 years, first as a division of the aerospace company that is now Lockheed Martin Corporation, and since 1994 as a publicly traded company listed on the New York Stock Exchange.
Mr. Zelnak will continue as executive Chairman of the Board until his retirement and then become non-executive Chairman of the Board.
Mr. Zelnak joined Martin Marietta as Vice President, Planning and Business Development in 1981 at the Company’s Bethesda, Maryland, headquarters. In 1982 he was appointed President of the newly constituted Aggregates Division based in Raleigh, North Carolina, and in 1987 he was elected an officer of the parent corporation.
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Cemex Should Have Financed ‘More Conservatively’ - Interview with Zambrano
02 November 2009
(Bloomberg) -- Cemex SAB Chief Executive Officer Lorenzo Zambrano is confident his $14.2 billion acquisition of Rinker Group Ltd., which almost pushed the Monterrey, Mexico- based cement maker into default, will pay off over time.
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Cemex refinances $15 billion short term debt
13 August 2009
(Mexico City, Mexico) -- Cement and building materials conglomerate Cemex SAB cleared a major hurdle this week in its efforts to refinance close to $15 billion in short-term debt, a move that gives the global giant a lifeline to get its finances in order.
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Cemex Says Bankers Agree to Waiver in Debt Proposal
03 August 2009
(Bloomberg) -- Cemex SAB, the largest cement maker in the Americas, said banks agreed to extend a covenant waiver to allow the company to complete a refinancing of almost $15 billion of debt.
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Cemex Has 90% Creditor Support for Refinance Plan
30 July 2009
(Bloomberg) -- Cemex SAB, the world’s third-largest cement maker, has 90 percent creditor support for a plan to refinance almost $15 billion of bank debt and is requesting more time to conclude the proposal.
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