Cemento CEMEX Blanco | Cemex Mexico (2024)

FAQs

What is the largest concrete company in Mexico? ›

CEMEX S.A.B. de C.V., known as Cemex, is a Mexican multinational building materials company headquartered in San Pedro, near Monterrey, Nuevo León, Mexico. It manufactures and distributes cement, ready-mix concrete and aggregates in more than 50 countries.

Lorenzo Zambrano is the billionaire owner of Cementos Mexicanos SAB, or Cemex, one of the world's biggest cement firms.

It developed a distinctive bagged cement business, for example, offered time-based delivery guarantees, and established Construrama, a network of construction materials outlets that is now the largest such network in the world. None of these was an obvious customer need waiting to be fulfilled.

We formulate our cement products to offer exceptional strength, durability, and workability to construction projects. We create custom ready-mix concrete to meet your project's requirements with the perfect mix of cement, aggregates, admixtures, and water.

What is Cemex's official reporting currency? Cemex's official reporting currency is the U.S. dollar. How much debt does Cemex have? As of December 31, 2023, our net debt, which equals total debt minus cash and cash equivalents, was US$6,862 million.

The image below, which you can click on for greater detail, shows that CEMEX. de had debt of US$6.32b at the end of September 2023, a reduction from US$7.06b over a year. However, because it has a cash reserve of US$532.5m, its net debt is less, at about US$5.78b.

Fernando Gonzalez Olivieri is a global leader as the CEO of CEMEX, a building materials and services company with operations across Mexico, the U.S., Europe, the U.K., North Africa and the Middle East, Asia, Central and South America, and the Caribbean.

In the the Cemex case, workers at 23 workplaces of Cemex Construction Materials Pacific, LLC sought to unionize; however, the employer used “coercive” and “illegal” practices to “methodically erode” support for the union leading up to the election, including firing a vocally pro-union employee — a violation of section ...

Is CEMEX a good investment? ›

Cemex SAB has 7.81% upside potential, based on the analysts' average price target. Cemex SAB has a conensus rating of Strong Buy which is based on 4 buy ratings, 1 hold ratings and 0 sell ratings. The average price target for Cemex SAB is $9.25.

CEMEX (NYSE: CX, BMV:CEMEXCPO) and Southdown (NYSE: SDW) announced today that the companies have entered into a definitive merger agreement under which CEMEX will acquire all of the outstanding stock of Southdown for US$73.00 in cash per share, or a total of approximately US$2.8 billion including US$185 million in long ...

Founded in Mexico in 1906, CEMEX has grown from a small regional player to one of the world's top companies in the industry.

Cemex rules the national market with nearly 50% of production and sales, followed by Holcim-Apasco.

Cemex Market Cap

Cemex has a market cap or net worth of $12.94 billion as of April 12, 2024. Its market cap has increased by 67.54% in one year.

China produces the most cement globally by a large margin, at an estimated 2.1 billion metric tons in 2022. China's cement production share equates to over half of the world's cement.

The nominal cement production capacity in Mexico is 60Mt/yr according to the Global Cement Directory 2023. Yet, the actual production capacity has been reported in local press as being 42Mt/yr, lower than the annual cement production of 43.9Mt in 2022.

Leading construction and infrastructure companies in Mexico in 2022, by revenue. In 2022, CICSA was the leading construction company in Mexico based on net sales, followed by the infrastructure company IDEAL. The sales volume of CICSA that year amounted to nearly 39 billion Mexican pesos.