CEMEX, S.A.B. de C.V. (CX) Sector
Materials

(Current) $7.36
0.10 (1.38%) Open Price: 7.21

 

CEMEX, S.A.B. de C.V., was formally established in 1906 following the integration of Cementos Hidalgo and Cementos Portland Monterrey, with roots tracing back to early 20th-century efforts to meet regional demand in northern Mexico. Throughout the 20th century, the company grew significantly via domestic expansion and mergers, and in 1976 went public on the Mexican Stock Exchange and became the country’s largest cement producer. The global footprint expanded after CEMEX acquired RMC Group in 2005, entering Europe, and further acquisitions throughout the Americas and Asia propelled it into the top tier of global cement makers with a presence in over 50 countries.

 

As a major producer of cement, ready mix concrete, and aggregates, CEMEX operates approximately 64 cement plants, over 1,300 concrete facilities, 246 quarries, along with distribution centers and marine terminals across four continents. Its operations serve a wide range of industries—from residential and commercial construction to infrastructure—and it is especially significant in North America, Mexico, Europe, Asia and the Middle East, accounting for more than 87 million tonnes of cement production in 2020, ranking among the world’s top five producers .

 

CEMEX is highly regarded for its commitment to sustainability and decarbonization through its “Future in Action” program. It has implemented measures such as using Portland-limestone cement at U.S. plants, exceeding alternative fuel targets (36% in 2022 in Mexico, above the industry benchmark), deploying hydrogen fuel systems, and launching Vertua—its low- and net zero CO₂ concrete line that reduces emissions up to 70%. It has also introduced electric concrete mixers in markets like Mexico and Germany, and engaged in pilot carbon-capture projects at U.S. facilities such as Knoxville, Tennessee and Texas.

 

CEMEX continues to pursue innovation across technology, partnerships, and product development. It collaborates with academic institutions—such as Tecnológico de Monterrey—on major urban sustainability initiatives using Vertua materials. It is constructing a carbon-capture test center in Knoxville funded by the U.S. Department of Energy, with additional FEED studies in Texas and California . With ongoing investments in alternative fuels, hydrogen injection, electric fleet vehicles, and carbon-capture facilities, CEMEX is preparing for a future where low carbon cement becomes mainstream in the global construction industry.

 



 

 

(07/08/25) $7.21
(07/10/25) $7.26
(07/10/25) (Qty.)9,764,766
(07/08/25) $7.12
(07/08/25) $7.29
(06/22/25) $6.63
(07/06/25) $7.29
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