Cemex announced its participation in multiple government-sponsored sustainability initiatives, securing funding from state and federal programs to deploy several lower-emission vehicles across its U.S. footprint. This investment is a crucial step in the company’s ongoing efforts to decarbonize its operations, the company stated.
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Cemex U.S. Sales Decline 4% in Third Quarter
Cemex reported third-quarter results, achieving an EBITDA of $747 million and net sales of $4.09 billion in a period impacted by adverse weather conditions in all its markets and significant foreign exchange movements.
Read MoreCemex Named to Texan by Nature Top 20 List
Texan by Nature (TxN), a Texas-led conservation non-profit, announced 20 honorees of the sixth annual Texan by Nature 20 (TxN 20) – an official ranking of companies with Texas operations that have made a demonstrative commitment to conservation. Cemex was one of the companies on this year’s list. The TxN 20 recognizes the best and most innovative work in conservation…
Read MoreCemex Included on Fortune’s 2024 Change the World List
Cemex was included in Fortune’s 2024 Change the World list. The list, selected by Fortune reporters and editors from a list of about 250 companies, showcases businesses that are having a positive social impact through activities that are part of their core business strategy. Cemex is receiving this distinction for the fourth time. Fortune recognized Cemex’s work with VeryNile in…
Read MorePublicly Traded Companies
Here Are The Latest Reports From Publicly Traded Aggregates Companies, In Alphabetical Order. ArcosaArcosa has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corp. and its affiliated entities for $1.2 billion in cash, subject to customary post-closing adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the…
Read MoreScouts and Mining
Cemex’s FEC And Brooksville Quarries Help Boy Scouts Earn Their Geology And Mining And Society Merit Badges. By Therese Dunphy For the better part of a decade, Boy Scouts in Florida have had the opportunity to earn one of the Boy Scouts of America’s more difficult merit badges to attain: Mining and Society. This badge can be challenging to earn…
Read MoreCalCIMA on Tour
Sept. 6, 2024 – Politicians need to see plants. To that end, California Construction and Industrial Minerals Association (CalCIMA) teamed with Assembly member Juan Carrillo for a tour of member facilities in Assembly District 39 (Palmdale). Participants talked about innovations in decarbonization, sustainability, distance matters, impacts of policies like Joshua Tree on the cost of public infrastructure, and mineral availability. In…
Read MoreFirst Look – August 2024
TOP NEWS Heidelberg MaterialsHeidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market. Holcim USHolcim US has acquired King William Sand & Gravel Co. Inc., a private company with a long-standing presence in King William County, Va. With this strategic transaction, Holcim…
Read MoreCemex U.S. Sales Down in Second Quarter
Cemex reported second quarter results, noting that net sales were flat at $4.494 million, reflecting difficult weather conditions in key markets offset by pricing momentum. During the quarter, Cemex achieved an important milestone with its second Investment Grade rating from Fitch Ratings. Cemex was also recognized as the top-scoring company in the World Benchmarking Alliance’s 2024 Climate and Energy Benchmark,…
Read MoreCemex 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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