Mexican cement maker Cemex wins about $230 million from Spain’s green fund for zero-emissions plant, while tortilla-flour giant Gruma locks in $125 million refinancing

Mexican cement maker Cemex received a $230 million grant from Spain’s Industrial Decarbonisation PERTE program to modernize its Tarragona plant into a near-zero-emissions facility. Tortilla-flour company Gruma secured $125 million in refinancing. The funding aims to support decarbonization efforts in heavy industry.