Cemex supplied over 45,000 cubic meters of concrete for the Žabovřeská Street section of the Brno City Ring Road in the Czech Republic, one of the most technically demanding infrastructure projects in the city’s history. The Brno City Ring Road is a major infrastructure project designed to significantly improve traffic flow in one of the...
Cemex UAE is helping shape Dubai’s Jumeirah Beach (JBR) evolving skyline by supplying Vertua® concrete for the construction of SENSORIA at FIVE LUXE Resort. The 43-story architectural building, situated in Jumeirah Beach Residence, is set to redefine luxury living in the emirate. Cemex delivered 19,000 cubic meters of Vertua® lower-carbon concrete for this project until...
Cemex has supplied 2,500 m³ of concrete to transform the former offices of the Ministry of the Armed Forces in Paris into the award-winning Îlot Saint-Germain real estate project. Located on rue Saint-Dominique in the 7th arrondissement of Paris, the project involved rehabilitating and restructuring three buildings into a mix of housing and facilities. This...
Monterrey, Mexico. February 10, 2025– Following today’s announcement of the retirement of Fernando Gonzalez as CEO of Cemex, and the appointment of Jaime Muguiro as new CEO effective April 1st 2025, Cemex announces the following changes to its senior-level organization. • Jesus Gonzalez, current President of Cemex South, Central America, and the Caribbean, has been...
• Net Income of US$939 million, a fivefold increase year over year, reaching a recent record high. • Consolidated EBITDA grew 3% in 4Q24 with margin expanding by 0.4pp, while full-year EBITDA declined by 1% with stable margin, on a year-over-year basis. • Free cash flow after maintenance capex, adjusting for non-recurring taxes, at...
The first half of 2024 has been a period of mixed outcomes for major cement producers, with a general trend of sluggish sales but stable or growing earnings. Votorantim Cimentos, along with other key players such as Holcim, CRH, Heidelberg Materials, and Cemex, released their half-year results, providing insight into the industry’s performance so far...
Cemex announced today that an agreement has been signed for the sale of its operations in the Dominican Republic, for a total consideration of approximately US$950 million. The transaction includes export businesses to Haiti. The agreement has been signed between a Spanish subsidiary of Cemex, as seller, and Cementos Progreso Holdings, S.L., through a subsidiary,...
Cemex announced on July 15th a joint venture agreement with sand and gravel supplier Couch Aggregates and marine bulk product distributor Premier Holdings. This agreement is part of Cemex’s ongoing strategy to accelerate growth in the U.S. and expand its aggregates business. This joint venture will strengthen Cemex’s aggregate reserves with the production, distribution, and...
This venture aims to produce carbon-neutral fuels and materials with lower carbon emissions. Cemex has signed a joint venture agreement with recycling service provider ALBA to produce biochar, a carbon-neutral fuel derived from biomass. The use of biochar, alongside a planned carbon capture project on site, will allow the capture of biomass CO2 for storage...
The Wildlife Habitat Council (WHC) awarded four Cemex projects across the US and Mexico for excellence in corporate conservation in the categories of Awareness and Community Engagement, Desert, Formal Learning, and Training. The recognitions were unveiled during the WHC Conservation Conference in New Orleans, Louisiana. The projects recognized at the awards were: Student environmental education...