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02.07.25 - 15:06
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Terra CO2 Announces Additional Series B Funding to Scale Sustainable Cement Production (Business Wire)
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Investment will facilitate the rapid build out of commercial facilities across North America and Europe for Terra's leading SCM solutionsGOLDEN, Colo.--(BUSINESS WIRE)--Terra CO2 (Terra), a leading US-based low-carbon building materials company, today announced their series B funding, securing US$124.5M in new equity capital. In addition to the Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero, and Just Climate, the round included major investment from Barclays Climate Ventures. Additional strategic investors to join the round include Prologis, the global logistics leader, Cemex, an international leader in construction materials, and Siemens Financial Services, the financing arm of global technology company Siemens. In addition to the equity raise, Silicon Valley Bank, a division of First Citizens Bank, and Stifel Bank co-led the provision of a credit facility furnishing Terra additional financial flexibility.
As government funding and subsidies for climate initiatives decrease in ...
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01.04.25 - 13:33
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Jaime Muguiro Begins Tenure as CEO of Cemex (Business Wire)
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Jaime Muguiro began his career at Cemex in 1996 and has held senior leadership positions at the company in several regions, most recently in the United States.
Cemex's growth strategy continues to be focused on growth in the United States through small to medium size bolt-on acquisitions.
Cemex is committed to maximizing shareholder return and providing value-added solutions for its customer's building needs.
MONTERREY, Mexico--(BUSINESS WIRE)--$cemex #FernandoGonzalez--Today, Jaime Muguiro begins his tenure as CEO of Cemex after being appointed to the position by the company's Board of Directors on February 10. This appointment is part of a planned leadership transition following former CEO Fernando A. Gonzalez's decision to retire after a successful career at Cemex.
"I am honored to take on this role and deeply grateful to our Chairman Rogelio Zambrano and the Board of Directors for their trust, and to Fernando González for his outstanding leadership,” said Jaime Muguiro. “As Cemex's new ...
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10.02.25 - 16:48
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Cemex Chief Steps Down After Restoring Investment Grade Rating (Bloomberg)
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Mexico's Cemex SAB Chief Executive Officer Fernando González is stepping down after more than three decades at one of the world's largest cement makers. González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex's US operations, the company said in a statement....
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