Cemex

Cemex, the Mexican building-materials giant, reported a 12% sales increase to $4.1 billion in Q2, driven by growth across all four regions. Operating cash flow (EBITDA) surged 24% to a record $1.02 billion, while net income rose 9% to $347 million. The company upgraded its 2026 outlook following these strong results.

The European Commission has filed cartel charges against Mexican company Cemex for allegedly price-fixing construction chemicals, specifically additives for cement, concrete, and mortar. The alleged collusion occurred in France, Germany, and Spain.

Mexico's central bank (Banxico) cut its benchmark rate to 6.50% on 7 May 2026, the lowest since April 2022. Colombian opposition candidate De la Espriella secured 49.68% of preliminary votes, prompting attention from Mexican firms like FEMSA, Bimbo, and Cemex with Colombian exposure.

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.

Mexico's S&P/BMV IPC closed slightly lower at 66,615 on July 8, 2026, as a strong Cemex rally counterbalanced a decline in the airline sector. The Mexican peso remained stable near 17.56.

Cemex has sold most of its Colombia operations for $555 million, with Switzerland's Holcim acquiring the majority, including a cement plant and related assets, for $485 million.