CEMEX USA announced as part of its ongoing Future in Action program and efforts to cut CO2 throughout its operations and value chain, it has surpassed a major milestone for its lower-carbon concrete, Vertua, supplying more than 1,000,000 cu. yd. of the innovative, environmentally friendly material for projects across California. CEMEX’s Vertua debuted in the U.S. market first in the…
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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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