Cemex

CEMEX S.A.B. de C.V.
Company typeSociedad Anónima Bursátil de Capital Variable
BMVCEMEX
NYSECX
BVC: CLH
PSECHP
IndustryBuilding materials
Founded1906; 118 years ago (1906)
FounderLorenzo Zambrano Gutierrez
HeadquartersMonterrey, Nuevo León, Mexico
Area served
Worldwide
Key people
Rogelio Zambrano Lozano
(Executive Chairman)
Fernando A. González
(CEO)
ProductsCement, ready-mix concrete, and construction aggregates
RevenueDecrease US$ 13 billion (2020)
Decrease (US$ 1.47 billion) (2020)
Total assetsDecrease US$ 27.4 billion (2020)
Number of employees
41,000+
Websitewww.cemex.com

CEMEX S.A.B. de C.V., known as Cemex, is a Mexican multinational building materials company headquartered in San Pedro, near Monterrey, Nuevo León, Mexico. It manufactures and distributes cement, ready-mix concrete and aggregates in more than 50 countries. In 2020 it was ranked as the 5th largest cement company (by amount of cement produced annually) in the world, at 87.09 million tonnes.[1]

Lorenzo Zambrano was the chairman and chief executive officer until his death on May 21, 2014. The Board of Directors named Rogelio Zambrano Lozano as chairman, and Fernando A. Gonzalez as CEO.[2]

About a quarter of the company's sales come from its Mexico operations, a third from its plants in the U.S., 30% from its operations in Europe, North Africa, the Middle East and Asia, and the rest from its other plants around the world.[3]

Cemex ready-mix truck departing jobsite after dispensing concrete for a multi-storey residential project in Villahermosa, Mexico

CEMEX currently operates on four continents, with 64 cement plants, 1,348 ready-mix-concrete facilities, 246 quarries, 269 distribution centers and 68 marine terminals.[4]

In the 2021 Forbes Global 2000, Cemex was ranked as the 1178th -largest public company in the world with over US$13 billion in annual sales.[5]

The company's world headquarters are in San Pedro Garza García, a city that is part of the Monterrey metropolitan area in the northeastern Mexican state of Nuevo León. [6][7][8][9]

  1. ^ "Top 10 Cement Companies in the World 2020 | Global Cement Industry". Bizvibe Blog. 2020-05-11. Retrieved 2021-07-30.
  2. ^ "Mexico's Cemex names new CEO, board chairman". Associated Press. 16 May 2014.
  3. ^ "U.S. Securities and Exchange Commission".
  4. ^ "CEMEX Integrated Report". Archived from the original on 2021-03-26.
  5. ^ "Forbes Global 2000". Forbes. Archived from the original on 2021-05-13. Retrieved 31 October 2020.
  6. ^ Corporate World Headquarters - Company's website Archived February 20, 2009, at the Wayback Machine Retrieved February 10, 2009.
  7. ^ Corporate Headquarters according to Company's Website world locations map Archived February 7, 2009, at the Wayback Machine Retrieved February 10, 2009.
  8. ^ The headquarters remain in the bustling Mexican industrial city of Monterrey, Mexico, 140 miles south of the Texas border Retrieved February 10, 2009.
  9. ^ Cemex Corporate World Headquarters situated in San Pedro Garza Garcia, Mexico, per Linkedin Retrieved February 10, 2009.