CEMEX unveiled an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative and approachable company.
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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…
Read MoreQuarry Quest Returns
After A Two-Year Hiatus, CEMEX Brought Back One Of Its Signature Events. By Therese Dunphy The CEMEX 5K Quarry Quest, held at its FEC Quarry in Miami, is back and better than ever. While the pandemic caused a two-year hiatus between races, the event returned on Jan. 28, with more than 400 registered runners or walkers and 100 volunteers on…
Read MoreCEMEX 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…
Read MoreThe 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…
Read MoreCEMEX 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…
Read MorePublicly Traded Companies
The Industry’s Publicly Traded Companies Provide An Industry Barometer When They Release Their Quarterly Reports. Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations. Total revenues were $1.954 billion, up from…
Read MoreCEMEX U.S. Business Up 15% in Second Quarter
CEMEX, S.A.B. de C.V. announced continued solid top line growth, with second-quarter net sales of $4.080 million, an increase of 11%. Pricing was the main driver with cement, ready-mix and aggregates, increasing 16%, 12% and 14%, respectively.
Read MorePermitting – July 2022
The United States District Court reinstated mining contracts for CEMEX’s Soledad Canyon operation in California, according to KHTS News. The ruling by the United States District Court vacated the Interior Board of Land Appeals (IBLA) decision in 2019 and the Bureau of Land Management (BLM) decision in 2015 that confirmed expiration of contracts on July 31, 2020. American Aggregates of…
Read MoreCEMEX U.S. Business Jumps 18%
CEMEX, S.A.B. de C.V. announced strong results for the first quarter of 2022, with consolidated Net Sales and EBITDA growing 13% and 3%, respectively, on a year-over-year basis, despite a challenging cost environment. The growth was led by a 12% increase in cement prices in like-to-like terms, 8% in ready-mix, and 7% in aggregates, with all regions contributing to pricing…
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