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Cemex SAB de CV (CEXA.DU)

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6.20

-0.10

(-1.59%)

At close: February 21 at 7:32:07 PM GMT+1

Cemex Announces Senior Level Organizational Changes

MONTERREY, Mexico, February 10, 2025--Following today’s announcement of the retirement of Fernando Gonzalez as CEO of Cemex, and the appointment of Jaime Muguiro as new CEO effective April 1st 2025, Cemex announces the following changes to its senior-level organization.

Business Wire 11 days ago

CX

CXMSF
Cemex Announces CEO Transition

MONTERREY, Mexico, February 10, 2025--Cemex announced today that its CEO, Fernando A. González, has decided to retire after a successful career of over 35 years in the company. The Cemex Board of Directors has appointed Jaime Muguiro as new CEO; these changes will become effective April 1, 2025.

Business Wire 11 days ago

CX

CXMSF
Cemex SAB Completes $800 Million Philippines Exit

Cemex SAB (CX) has released an update. Cemex SAB has successfully sold its operations in the Philippines, securing approximately $800 million through agreements with DACON Corporation, DMCI Holdings, Inc., and Semirara Mining & Power Corporation. The transaction involves divesting a 100% equity interest in Cemex Asian South East Corporation and other related assets, with the buyers assuming $387 million in financial debt. This move marks Cemex’s strategic exit from the Philippine market, potenti

TipRanks 2 months ago

CX

CXMSF
Cemex Recognized at COP29 for Solar Clinker Breakthrough

MONTERREY, Mexico, November 20, 2024--Cemex received the Net-Zero Industries Award for its Solar Clinker project, launched two years ago in partnership with Synhelion.

Business Wire 3 months ago

CX

CXMSF
EU Backs Pioneering CO2 Capture Project at Cemex’s Rüdersdorf Cement Plant

MONTERREY, Mexico, October 22, 2024--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.

Business Wire 3 months ago

CX

CXMSF
Fortune Recognizes Cemex for the Fourth Time as a Company That Is Changing the World

MONTERREY, Mexico, September 25, 2024--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.

Business Wire 4 months ago

CX

CXMSF
Cemex expands Regenera circularity business with acquisition in Berlin

MONTERREY, Mexico, September 03, 2024--Cemex acquired a majority stake in RC-Baustoffe Berlin GmbH & Co. KG, a recycling company part of the Heim Group.

Business Wire 5 months ago

CX

CXMSF
Cemex Partners With the Ellen MacArthur Foundation to Accelerate Circular Economy Efforts in the Built Environment

MONTERREY, Mexico, July 18, 2024--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.

Business Wire 7 months ago

CX

CXMSF
Cemex and MPP collaborate to accelerate decarbonization projects

Cemex and the Mission Possible Partnership (MPP), in partnership with the Bezos Earth Fund, are collaborating to conduct an analysis of the potential of decarbonization levers at Cemex's Balcones cement plant in Texas. This analysis aims to accelerate Cemex's commitment to achieving net-zero CO2 emissions by 2050.

PR Newswire 9 months ago

CX

CXMSF
Cemex Tops Industry in 2024 Climate and Energy Benchmark

MONTERREY, Mexico, May 07, 2024--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.

Business Wire 9 months ago

CX

CXMSF
Fitch Ratings Upgrades Cemex to Investment Grade

MONTERREY, Mexico, April 30, 2024--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.

Business Wire 9 months ago

CX

CXMSF
Standard & Poor’s Upgrades Cemex to Investment Grade

MONTERREY, Mexico, March 13, 2024--Rating agency Standard & Poor’s (S&P) announced today that it has upgraded Cemex’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation.

Business Wire 11 months ago

CX

CXMSF

Performance Overview

Return	CEXA.DU	S&P/BMV IPC
YTD	+15.89%	+8.53%
1-Year	-11.07%	-5.76%
3-Year	+31.16%	+3.29%

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Cemex SAB de CV (CEXA.DU)

Cemex Announces Senior Level Organizational Changes

Cemex Announces CEO Transition

Cemex SAB Completes $800 Million Philippines Exit

Cemex Recognized at COP29 for Solar Clinker Breakthrough

EU Backs Pioneering CO2 Capture Project at Cemex’s Rüdersdorf Cement Plant

Fortune Recognizes Cemex for the Fourth Time as a Company That Is Changing the World

Cemex expands Regenera circularity business with acquisition in Berlin

Cemex Partners With the Ellen MacArthur Foundation to Accelerate Circular Economy Efforts in the Built Environment

Cemex and MPP collaborate to accelerate decarbonization projects

Cemex Tops Industry in 2024 Climate and Energy Benchmark

Fitch Ratings Upgrades Cemex to Investment Grade

Standard & Poor’s Upgrades Cemex to Investment Grade

Performance Overview