Cemex S.A.B. de C.V. is a global building materials company that primarily focuses on the production, distribution, and marketing of cement, ready-mix concrete, aggregates, and other construction-related products
With a strong presence in various markets worldwide, Cemex serves both residential and commercial customers, providing innovative solutions to meet their construction needs. The company is also committed to sustainability, implementing environmentally friendly practices in its operations to reduce its carbon footprint and contribute to the development of sustainable infrastructure. Through its extensive network of facilities and logistical capabilities, Cemex aims to deliver high-quality materials and services that support urban development and infrastructure projects across the globe.
Cemex was awarded the Net-Zero Industries Award by Mission Innovation at a ceremony during COP29 in Baku, Azerbaijan for its revolutionary clinker decarbonization process using concentrated solar power.
A consortium comprised of Cemex and Linde, a leading global industrial gases and engineering company, has been selected to receive €157 million in funding from the EU Innovation Fund for a pioneering CO2 capture project at Cemex’s Rüdersdorf Cement Plant in Germany.
Cemex announced today that it has been 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.
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Cemex announced today that it has acquired a majority stake in RC-Baustoffe Berlin GmbH & Co. KG, a recycling company and part of the Heim Group, as part of its ongoing efforts to grow its circularity business. The Berlin-based company processes mineral construction, demolition, and excavation materials (CDEM).
Cemex announced today that it has signed a Network Partnership agreement with the Ellen MacArthur Foundation to accelerate circular economy efforts in the built environment. The Ellen MacArthur Foundation’s Network is the world’s leading circular economy network, working with ambitious, like-minded organizations globally.
Cemex has been recognized as the industry’s top-scoring company in the World Benchmarking Alliance’s 2024 Climate and Energy Benchmark. This recognition demonstrates Cemex’s commitment to transitioning to a lower-carbon cement industry, with the aim of becoming a net-zero CO2 company by 2050.
Cemex announced today that it has reached full investment grade status after being upgraded to BBB- by rating agency Fitch Ratings. This follows S&P Global Ratings’ upgrade announced in March 2024.