Cemex is providing more than 20,000 cubic yards of Vertua lower carbon concrete for Houston Methodist’s Centennial Tower, the newest addition to the largest medical complex in the world. The 26-story tower, expected to begin a phased opening in 2027, will house a new and expanded emergency department, enhanced imaging services, and space for additional...
Fernando A. González, CEO of Cemex, has been elected as the new President of the Global Cement and Concrete Association (GCCA). The GCCA’s members account for 80% of global cement production capacity outside of China and have committed to achieving Net Zero CO2 emissions by 2050. Mr. González, who has served as GCCA Vice-President since...
Cemex agrees to acquire Kiesel, a mortars and adhesives technological leader with more than 60 years of experience in the construction materials industry. Cemex has agreed to acquire Kiesel, a mortars andadhesives technological leader in the construction industry based in Germany, as part of its ongoing strategy to strengthen Cemex’s Urbanization Solution business through bolt-on...
Cemex is the first company in its industry to provide environmental impact information, including CO2 emissions, for its core products in all of the main markets in which it participates around the world. This disclosure is customized by location and is critical for architects, engineers, contractors, and customers looking to develop more sustainable construction....
Cemex Germany continues to invest in more sustainable transport for its products. The building materials company has taken delivery of two fully electric truck mixers from Putzmeister, which will become part of the Berlin truck mixer fleet. Now, even more Cemex customers will be able to have their ready-mixed concrete delivered to the construction site...
Cemex is strengthening its aggregates supply in Europe with the purchase of two quarries near Madrid as part of its strategic bolt-on acquisition strategy. Madrid and its surrounding areas are currently undergoing major urban expansion. Through this acquisition, Cemex is better positioned to serve customers in the area, particularly for infrastructure projects. The deal strengthens...
Cemex has updated its Sustainability-Linked Financing Framework to align with its more ambitious 2030 decarbonization targets, announced on November 2022 and validated by the Science-Based Targets initiative (SBTi) for alignment under their 1.5°C scenario, the most ambitious pathway defined for the cement industry. Cemex’s Framework, first issued in 2021, aligns Cemex’s financing strategy with its...
Cemex’s circular waste management business, Regenera, and DP World, a global leader in supply chain solutions, have signed an agreement for circular waste management solutions in the Dominican Republic. Per the agreement, Regenera will convert used tires from DP World Dominicana’s logistics operations into a substitute for fossil fuels, thereby avoiding landfilling and the associated...
Cemex reported second quarter of 2023 results on July 27, 2023 with a 10% growth in Sales and 29% growth in EBITDA, and EBITDA Margin expanding by 3.3pp to 21.1%. With these results, Cemex is close to its goal of recovering 2021 margins, set in 2022 in response to unprecedented inflation. The improvement in EBITDA...
Cemex’s circular waste management business, Regenera, is expanding its operations in Mexico with the opening of a new facility in partnership with leading waste collection company PASA. The partnership between Regenera and PASA will support the central Mexican city of Puebla’s efforts to become a zero-waste city. Puebla’s solid municipal waste will be sorted at...