Cemex upgraded in S&P Global Ratings
Premium Content
27 September 2017
Financial analysts S&P Global has upgraded cement maker Cemex for the second time this year.
According to S&P, the upgrade reflects the continued improvement of Cemex’s financial performance, as well as the rapid completion of its asset divestment plan.
Cemex’s chief financial officer, Jose Antonio Gonzalez, said, “We are pleased with S&P’s recognition of our sustained track record of deleveraging and improvement of our capital structure. This is their second upgrade in 8 months which confirms our continued progress.”
Gonzalez added, “We remain fully committed towards the goal of achieving an investment grade capital structure.”
Company adds hundreds of new pumps in anticipation of extreme El Niño weather events.
Chinese construction equipment manufacturers are becoming an established competitive force in South America rather than simply a low-cost alternative, according to a white paper from Off-Highway Research
Integrated technology is helping contractors improve accuracy, productivity and control without neglecting the fundamentals of machine performance