The Cemex S.A.B. de C.V. corporate venture capital unit has announced an investment in Terra CO2 Holdings, Golden, Colo., developer of OPUS SCM and ZERO supplementary cementitious material and portland cement replacement binders. Terra CO2’s reactor and processing technology is based on widely available silicate rock feedstock. Its grinding, thermal treatment and classifying equipment suits standalone plant construction or installation…
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Cemex Reports Record Net Income; Lower U.S. Sales
Cemex reported its first-quarter results as new CEO Jaime Muguiro outlined his vision for the company to the financial community for the first time. As he ushers the company into an era of sustainable and profitable growth, Muguiro’s focus lies on achieving operational excellence, increasing free cash flow and enhancing shareholder returns. The company’s growth strategy remains focused on accretive…
Read MoreCemex Celebrates Biodiversity Conservation
Cemex celebrated the 25th anniversary of its El Carmen Nature Reserve, located between Mexico and the United States, reaffirming its commitment to scientific research, habitat and species conservation and restoration. Spanning 130,000 hectares, the nature reserve is one of North America’s most biodiverse areas and one of the world’s greatest wilderness regions. “Through our conservation efforts, we are restoring habitats…
Read MorePublic Companies Are Reporting a Mixed Bag
The publicly traded aggregates companies reported results for the fourth quarter and full-year 2024. Here are some of the highlights: Vulcan Materials reported that fourth quarter Aggregates segment gross profit increased 15% to $486 million ($9.02 per ton). Aggregates shipments decreased 3%, reflecting underlying demand as well as the benefit of favorable weather in most markets throughout the quarter. Martin…
Read MoreSoftware Developer CheckProof Builds North American Base
CheckProof, Swedish developer of Software as a Service Maintenance, Quality and Environment, Health & Safety programs, has registered a Houston-based subsidiary, CheckProof U.S. Inc., to serve North American cement, aggregate, ready mixed concrete and asphalt producers. The firm announced the subsidiary during the AGG1 and World of Asphalt gatherings, March 25-27 in St. Louis. The agile, frontline-friendly and intuitive CheckProof…
Read MoreCemex Recognized as One of the World’s Most Ethical Companies
Cemex received the 2025 World’s Most Ethical Companies recognition from Ethisphere, which defines and advances the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace and deliver business success.
Read MoreFirst Look – March 2025
TOP NEWS CemexCemex reported its fourth quarter and full-year 2024 results, with net income of $939 million, a record in the company’s recent history. Net sales decreased by 1% to $16,200 million in 2024 and remained flat at $3,811 million in the fourth quarter. Cemex’s operations in the United States reported sales of $5,194 million in 2024, a decrease of…
Read MoreCemex USA Chief Muguiro To Succeed Parent Company CEO González
Cemex directors have appointed Jaime Muguiro to replace retiring CEO Fernando González, a 35-year veteran of the global cement, aggregate and concrete producer, effective April 2025. “In over a decade as CEO, Fernando has led Cemex to great success, and he will leave us with a company that is an industry leader in sustainability, innovation, and digitalization to better serve…
Read MoreCemex Reports Record Net Income
Cemex reported its fourth quarter and full-year 2024 results, with net income of $939 million, a record in the company’s recent history. Net sales decreased by 1% to $16,200 million in 2024 and remained flat at $3,811 million in the fourth quarter. Cemex launched “Project Cutting Edge”, a three-year, $350 million saving initiative to streamline operations and improve efficiency, heavily…
Read MoreNurturing the Community
Cemex Supports Area Youth, From the Disabled To the Homeless To Military Children, Through Its Community Outreach Programs. By Therese Dunphy Building partnerships with organizations that support those in need has been an ongoing focus in Cemex’s Southwest region, explained Deborah Wells, director of public affairs, communications & social impact. Through an assortment of partnerships managed by Bri Kaites, community…
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