Cemex joins the CCS+ Initiative, aiming to scale cutting-edge climate technologies by developing a robust carbon accounting infrastructure that promotes environmental integrity. Cemex is the first company in the cement industry to join the CCS+ Initiative, a multi-stakeholder platform developing a comprehensive carbon accounting framework for certifying industrial carbon projects. This framework aims to encompass...
Cemex is supplying high-resistance and Vertua lower-carbon concretes for the construction of Bogota’s First Metro Line, a project that seeks to improve the lives of over a million daily commuters in the largest Colombian city through more efficient and sustainable transportation. Bogota’s First Metro Line, which will begin commercial operation in March 2028, is expected...
This week, during COP28 in Dubai, Cemex unveiled the first fully electric, zero-emissions ready-mix truck in the Middle East. The truck is fully operational and has the capacity to transport a full load of concrete. It is equipped with a state-of-the-art 350kWh battery which allows it to complete an average full workday with a single...
Cemex is supplying Vertua lower-carbon concrete for the construction of Terminal 2 at Puerto Vallarta’s International Airport, which aims to be one of the most sustainable terminal buildings in Latin America. The 68,000 square-meter new terminal is planning to be one of the most efficient in terms of sustainability, with the aim of obtaining LEED...
Cemex Ventures, Cemex’s corporate venture capital (CVC) and open innovation unit, announced today its investment in Vizcab, a French startup whose digital platform enables different developers and architecture, engineering & construction (AEC) stakeholders to assess and work towards reducing CO2 emissions across the construction value chain. Assessing and working towards reducing embodied carbon in the...
Cemex announced the winners of its Cemex Building Award 2023 at a ceremony in Mexico City attended by leading architects, designers, engineers, and construction industry professionals from around the world. The contest, which since 1991 has recognized the best construction projects in Mexico and the world, received 278 national entries for this edition and a...
Cemex is supplying Vertua lower-carbon concrete for Cavalli Tower, a 70-story luxury residential building set to become a landmark in Dubai Marina. The tower will feature interior design by the renowned Italian fashion designer Roberto Cavalli and architectural design by the multi-award-winning architect Shaun Khila. Cemex provided Vertua lower-carbon concrete with a carbon footprint approximately...
Cemex S.A.B. de C.V. (“Cemex”) announced today that it has successfully refinanced its US$3.0 billion syndicated credit agreement, extending the maturity to 2028. The refinanced Credit Agreement consists of a US$1.0 billion 5-year amortizing Term Loan, and a $2.0 billion 5-year committed Revolving Credit Facility. This represents a reduction of US$500 million in the Term...
Cemex reported today another quarter of exceptional results, with a 9% growth in Sales and 32% increase in EBITDA, and EBITDA Margin expansion of 3.5pp to 19.9%. For the first time since the launch of Cemex’s pricing strategy in 2021, designed to regain profitability after a surge in input cost inflation, quarterly EBITDA margin exceeded...
Cemex has supplied Vertua water-permeable concrete for the renovation of the University of Alabama’s Bryant-Denny Football Stadium, the tenth-largest stadium in the world and home to the 18-time national champion Crimson Tide football team. The use of permeable concrete benefits the stadium’s natural grass field in two key ways: it keeps the playing field from...