Cemex, S.A.B. de C.V. announced that consolidated net sales reached $3.6 billion during the second quarter of 2017, an increase of 2 percent on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus the comparable period in 2016.
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Cemex Shows Commitment to California Communities
Cemex is building on its commitment to communities in California by hosting events for nearby students and their families that give them an inside look at certain facilities while teaching them about the company’s operations.
Read MoreCemex Finalizes 10-Year Port Lease in California
The Redwood City, Calif., Port Commission approved a new 10-year lease for Cemex Aggregates with an option to extend the lease for another decade on an 8.2 acres marine terminal, according to The Daily Journal.
Read MoreFIRST LOOK – JUNE 2017
TOP NEWS Martin Marietta Off to Strong Start in 2017 Martin Marietta Materials Inc. reported strong results for the first quarter ended March 31, 2017. The company achieved record consolidated net sales of $791.7 million, an increase of 7.9 percent compared with $734.0 million in the prior-year’s first quarter. Cemex to Build Aggregates Distribution Terminal Cemex USA announced it is…
Read MoreCemex Receives Award for Supporting Education in Florida
Cemex was recognized by the Florida Department of Education and the Florida Education Foundation with the Commissioner’s Business Recognition Award, applauding the learning efforts the company provides for school-aged children.
Read MorePolaris, Cemex Cut Ties on Strategic Alliance Agreement
Polaris Materials Corp. announced that Polaris and its subsidiary Eagle Rock Aggregates Inc. (ERA) have provided notice of their election not to renew the strategic alliance agreement and related joint co-operation and development agreements with Cemex, Inc.
Read MoreCemex to Build New Aggregates Distribution Terminal in Los Angeles
Cemex USA announced it is expanding its strong Southern California network with plans for a state-of-the-art rail-served distribution terminal in Los Angeles and a new aggregate loading system at its quarry in Victorville, Calif., to bring high-quality aggregates to metro Los Angeles and surrounding communities. The terminal is designed to accommodate the increase in construction projects across the region.
Read MoreCemex U.S. Sales Up 2 Percent in First Quarter
Cemex announced that, on a like-to-like basis for its ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 6 percent during the first quarter of 2017 to $3.1 billion versus the comparable period in 2016. Operating EBITDA on a like-to-like basis increased by 2 percent during the quarter to $559 million versus the same period in 2016.
Read MoreCemex Teaches UCSC Students Strength of Reclamation
College students in northern California learned about restoring the environment by participating in a special field trip to Cemex USA’s retired Olympia Quarry near Santa Cruz, Calif.
Read MoreCemex Sells Pacific Northwest Materials Business
Cemex, S.A.B. de C.V. announced that one of its subsidiaries in the United States has signed a definitive agreement for the sale of its Pacific Northwest materials business consisting of aggregate, asphalt and ready mix concrete operations in Oregon and Washington to Cadman Materials Inc., a LehighHanson company and U.S. subsidiary of HeidelbergCement Group, for approximately $150 million.
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