Cemex directors have appointed Jaime Muguiro, current president of Cemex USA, to replace retiring CEO Fernando González, a 35-year veteran of the global cement, aggregate and concrete producer, effective April 1.
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Cemex announced its participation in multiple government-sponsored sustainability initiatives, securing funding from state and federal programs to deploy several lower-emission vehicles across its U.S. footprint. This investment is a crucial step in the company’s ongoing efforts to decarbonize its operations, the company stated.
Read MoreAs part of San Francisco’s major initiative to sustainably upgrade and modernize infrastructure, Cemex has announced its involvement in reinforcing the city’s largest wastewater treatment plant with its Vertua lower-carbon concrete. The Southeast Treatment Plant’s (SEP) Biosolids Digester Facilities Project will replace the outdated existing solids treatment facilities with more reliable, efficient, and modern technologies and facilities.
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Cemex secured the Net-Zero Industries Award by Mission Innovation during COP29 in Baku, Azerbaijan, for its revolutionary clinker decarbonization process using concentrated solar power.
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Cemex hosted a panel on circularity in the built environment as part of Climate Week in New York City, bringing together its chief executive and circular economy experts at the Ellen MacArthur Foundation, to discuss how this transition can be accelerated.
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Cemex sold its operations in Guatemala to Holcim Group for a total consideration of approximately $200 million.
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This year, Skate4Concrete, powered by the non-profit Project Cornerstone, delivered its first-ever Construction Summer Camp. In three days, 22 students (ages 15-18) visited three locations throughout San Diego County, Calif., and explored the science of, pathway to, and job opportunities within the concrete and construction materials industry. The students’ first day was spent at the Associated General Contractors (AGC) Apprenticeship…
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Publicly traded construction-materials companies operating in the United States reported mixed results for the second quarter.
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Cemex signed a deal for the sale of its Dominican Republic operations to Cementos Progreso and strategic partners for a total consideration of $95 million.
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Cemex signed a Network Partnership agreement with the Ellen MacArthur Foundation to accelerate circular economy efforts in the built environment.
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