Mexican Government Again Seizes Private Property

The Mexican government sent in marines to take over part of a private railway line in southern Mexico, according to an AP report. It marked the second time this year that President Andrés Manuel López Obrador’s administration has seized ports or rail lines from private companies. In March, police and soldiers stormed in to seize a Caribbean coast seaport owned by…

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CEMEX U.S. Operations Up 5% in First Quarter

CEMEX reported net sales increased 9% to $4,036 million in the first quarter of 2023. The strong results are attributable to pricing, decelerating input cost inflation and contributions from the company’s growth investments and the Urbanization Solutions business, the company stated. CEMEX said its operations in the United States achieved a net sales increase of 5% to $1,255 million despite…

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NSSGA’s Young Leaders Features Mark S. Walsh Award

The National Stone, Sand & Gravel Association (NSSGA) met in Fort Lauderdale, Fla., to convene its Young Leaders Annual Meeting. NSSGA’s Young Leaders is a group of aggregates professionals, age 40 and under, who are committed to growing in their professional development and establishing a strong network within the industry. The annual meeting, held from April 23-26, attracted a record…

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Vulcan, CEMEX Reportedly Reach Agreement on Disputed Port Facility in Mexico

CEMEX has reportedly reached a temporary deal to use Vulcan Materials Co.’s port facilities at Punta Venado in Playa del Carmen, Mexico, potentially defusing a legal battle that recently became a flashpoint for U.S.-Mexico relations. The companies are still working on a long-term agreement, according to CEMEX spokesman Jorge Perez.  “Vulcan owns the four parcels of property that make up its…

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Vulcan Blasts Occupation of Mexican Port

March 21, 2023 – Vulcan Materials is not taking the illegal occupation of its port near Playa del Carmen in Mexico lightly. The company issued the following statement: “On Tuesday, March 14, 2023, CEMEX, aided by armed Mexican police and military, forcibly entered Vulcan’s port facilities near Playa del Carmen. They are still occupying the property. There is no contract…

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CEMEX U.S. Operations Up 16% in 2022

CEMEX announced double-digit top-line growth for 2022 and fourth quarter 2022 driven by a robust pricing strategy designed to recover margins. Net sales increased 12% to $15,577 million in 2022, and 12% to $3,869 million in fourth quarter 2022. CEMEX’s operations in the United States reported net sales of $5,038 million in 2022, an increase of 16%, and $1,221 million in…

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The Spider Tracker

CEMEX Has Developed Technology That Monitors Concrete During Its Pouring And Hardening To Measure Its Strength In Real-Time. By Mark S. Kuhar CEMEX, S.A.B. de C.V has developed a new proprietary technology that monitors concrete during its pouring and hardening to measure its strength in real-time during the construction process. The technology has been named “Spider Tracker” due to its…

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CEMEX U.S. Operations Up 19% in Third Quarter

CEMEX, S.A.B. de C.V. announced continued solid top-line growth, with third-quarter net sales growing 13%. Pricing was the main driver with cement, ready-mix and aggregates, increasing double digits. EBITDA and EBITDA margin continued to be impacted by persistent inflationary headwinds that outpaced the company’s pricing efforts. Third quarter highlights include: Net sales increased 13% to $3,956 million. Operating EBITDA decreased…

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