Cemex Announces Aggregates Joint Venture

Cemex announced a joint venture agreement with sand and gravel supplier Couch Aggregates and marine bulk product distributor Premier Holdings. This agreement is part of Cemex’s ongoing strategy to accelerate growth in the United States and expand its aggregates business. This joint venture will strengthen Cemex’s aggregate reserves with the production, distribution and sale of sand, gravel, and limestone in…

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Wildlife Habitat Council Recognizes Cemex Projects

The Wildlife Habitat Council (WHC) awarded four Cemex projects across the United States and Mexico for excellence in corporate conservation in the categories of Awareness and Community Engagement, Desert, Formal Learning, and Training. The recognitions were unveiled during the WHC Conservation Conference in New Orleans. The projects recognized at the awards were: These projects demonstrate Cemex’s efforts to positively impact…

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Cemex Notes Record Results; Sales Down in U.S. Market

Cemex reported record first quarter results, noting that net sales increased 3% to $4.138 billion, with a 5% increase in EBITDA.  “Our first quarter in 2024 continued to build on an exceptional 2023,” said Fernando A. González, CEO of Cemex. “EBITDA represents a first quarter record for the company, despite fewer working days and difficult weather conditions in many markets.…

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Cemex U.S. Business Up 6% in 2023

Cemex reported 2023 results, with an 8% growth in sales to $17,416 million in 2023, and 5% to $4,243 million in the fourth quarter. This performance, coupled with the board’s confidence in the medium-term outlook and strong free cash flow generation over the last few years, allows Cemex to initiate a formal shareholder return program, subject to approval at the…

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Cemex Touts 1,000 Low-Carbon Trucks

Cemex announced that it now has more than 1,000 heavy-duty trucks powered with lower-carbon fuels as part of a comprehensive transition strategy seeking to decarbonize its global fleet. This initiative is part of the company’s flagship Future in Action program to become a net-zero CO2 company by 2050. Cemex has made significant investments over the last two years in heavy-duty…

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Building Partner Relationships

In Arizona, CEMEX’s West Region Is Identifying Community Partners And Building Relationships With Key Organizations. By Therese Dunphy Sometimes, a fresh perspective can lead to exciting new prospects for community outreach. Such was the case in 2020, when CEMEX split its West region into two groups.  The move brought in a new president for the Arizona region, David Nabavi, who…

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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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