Cemex Announces Senior Level Organizational Changes
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.
Cemex Announces CEO Transition
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.
Cemex Recognized at COP29 for Solar Clinker Breakthrough
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.
EU Backs Pioneering CO2 Capture Project at Cemex’s Rüdersdorf Cement Plant
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.
Fortune Recognizes Cemex for the Fourth Time as a Company That Is Changing the World
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 expands Regenera circularity business with acquisition in Berlin
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).
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Cemex Partners With the Ellen MacArthur Foundation to Accelerate Circular Economy Efforts in the Built Environment
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.
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Cemex Tops Industry in 2024 Climate and Energy Benchmark
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.
Fitch Ratings Upgrades Cemex to Investment Grade
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.
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Standard & Poor’s Upgrades Cemex to Investment Grade
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.
Cemex Unveiled the First Fully Electric Ready-Mix Truck in the Middle East During COP28 in Dubai
This week, during COP28 in Dubai, Cemex unveiled the first fully electric, zero-emissions ready-mix truck in the Middle East.
Cemex passes 1,000 lower-carbon truck milestone
Cemex announced that it now has over 1,000 heavy-duty trucks powered with lower-carbon fuels as part of a comprehensive transition strategy seeking to decarbonize its global fleet. This initiative is part of the company’s flagship Future in Action program to become a net-zero CO2 company by 2050.
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Tallest tower in Latin America built with Cemex’s Vertua lower-carbon concrete
Cemex is supplying a specialty mix of Vertua concrete products for the construction of Rise Tower in Monterrey, Mexico, which is expected to become the tallest tower in Latin America at a height of 475 meters and 100 stories.
Fernando A. González, CEO of Cemex, elected President of the Global Cement and Concrete Association
Fernando A. González, CEO of Cemex, has been elected as the new President of the Global Cement and Concrete Association (GCCA). The GCCA’s members account for 80% of global cement production capacity outside of China and have committed to achieving Net Zero CO2 emissions by 2050.
Cemex and Synhelion make further progress toward the world’s first fully solar-powered cement plant
Cemex and Synhelion announced today a significant milestone in their joint effort to develop fully solar-driven cement production: the scaling of their technology to industrially-viable levels. This includes the continuous production of clinker, the most energy-intensive part of cement manufacturing, using only solar heat.
Cemex Statement Regarding Marine Terminal in Quintana Roo, Mexico
Cemex has an existing contractual relationship with Calica, a Mexican subsidiary of Vulcan Materials, for the use of a marine terminal located in Playa del Carmen, Quintana Roo. This private agreement between both companies began more than 20 years ago, and since then, Cemex has continuously used the terminal to transport cement products.
Cemex updates its brand as part of an ongoing evolution
Cemex unveiled today an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative, and approachable company.
CEMEX, Sandia Labs, and Synhelion to Scale Solar Energy Technology to Produce Cement
CEMEX, S.A.B. de C.V. ("CEMEX") announced today that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production.
Volvo Trucks and CEMEX Unveil First Fully Electric Heavy Concrete Mixer Truck
CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that Volvo Trucks has supplied it with the world’s first fully electric and zero-emission heavy concrete mixer truck at a joint event in Berlin, Germany. The truck is the latest development of an agreement signed between the companies in 2021 to closely collaborate to improve productivity and carbon emissions reductions through the global implementation of electromobility solutions on mobile construction equipment and trucks, productivity solutions, and uptime services.
CEMEX Contributes to Circular Economy With Launch of Its Regenera Waste Management Business
CEMEX, S.A.B. de C.V. (“CEMEX”) announced today the launch of Regenera, a business that provides circularity solutions, including reception, management, recycling, and coprocessing of waste. Regenera leverages CEMEX’s global footprint and the ability of its production processes to use non-recyclable refuse and industrial byproducts as more sustainable substitutes for fossil fuels and natural raw materials.
