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Cemex S.A.B. de C.V. issues company news about its global construction materials business, including cement, ready-mix concrete, aggregates, urbanization solutions, and related services across Mexico, the United States, EMEA, and South, Central America and the Caribbean.
Recurring updates cover operating and financial results, material agreements, capital-structure matters, shareholder votes, governance, and senior leadership changes. Company news also addresses sustainability reporting, climate disclosure, circular-economy initiatives, alternative raw materials and energy use, and decarbonization technologies such as concentrated solar power for clinker production.
Cemex (NYSE:CX) received the Water Stewardship Programme of the Year award at the 2026 Global Water Awards for its “Freshwater-Free Concrete” initiative in Mexico.
The program achieved a 67% freshwater substitution rate in 2025, above a 65% target, saving water equivalent to daily use by about nine million people. Cemex added non-freshwater processes at 61 ready-mix plants, with 31 certified as “Zero Freshwater Concrete Plants” by AENOR, and doubled sustainable concrete output between 2024 and 2025 while cutting freshwater use per cubic meter.
Cemex (NYSE:CX), Port Tampa Bay and Tampa Mayor Jane Castor marked completion of a $36 million expansion of the Cemex Aggregate Terminal. The project includes a $29 million Cemex investment and $7 million Florida DOT grant, boosting import, storage and distribution capacity for construction aggregates.
The terminal can move 5,000 tons per hour from ship to storage and is expected to handle about 1.5 million tons annually, depending on shipping conditions. It is Cemex’s only Florida site combining an aggregate terminal, cement terminal and ready-mix concrete plant in one location.
Cemex (NYSE:CX) was upgraded from A to AAA in the MSCI ESG Ratings on March 24, 2026, achieving the highest possible ESG score and placing it among sector leaders.
The rating reflects strengthened operational practices, greater transparency and resilience in climate strategy, resource efficiency, and governance. Only 15 global building materials companies hold AAA, a distinction investors use for risk and portfolio decisions.
Cemex (NYSE:CX) is divesting part of its Colombian operations through several transactions for combined proceeds of approximately US$555 million, at ~10x 2025 EBITDA. A first agreement sells the Caracolito cement plant, Santa Rosa grinding mill and a ready‑mix/aggregates portfolio to Holcim for US$485 million.
The Holcim deal is expected to close by year‑end, subject to customary closing conditions and regulatory approvals. Cemex expects ~US$70 million from additional asset sales and will retain two cement plants with combined capacity of 1.6 million tonnes per year.
Cemex (NYSE:CX) agreed to acquire all assets of Omega Products International, a leading stucco manufacturer in the western U.S.
Omega generates approximately US$23 million EBITDA, operates four production plants in California, Nevada and Colorado, and the deal targets post-synergy multiple below 7x. The transaction is expected to close in Q1 2026.
Cemex (NYSE:CX) was named to CDP 2025 “A List” for climate disclosure leadership on January 12, 2026, the highest score awarded by CDP for corporate transparency and climate performance.
Recognition follows Cemex’s 2025 Climate Change questionnaire submission and places the company among the ~4% of more than 22,000 reporters earning an A. Cemex also received an A- for water security.
Cemex US (NYSE: CX) announced on November 18, 2025 the appointment of Will Price as Senior Vice President of Mergers & Acquisitions. Price will lead strategic growth via targeted acquisitions, divestitures and corporate development across the U.S. business.
Price has more than a decade of strategy and business development experience and previously led acquisition and divestiture transactions totaling over $3 billion in enterprise value. He holds a B.S. in Aerospace Engineering from The University of Texas at Austin and an MBA in Corporate Finance from UNC Chapel Hill, and is based in Houston.
Cemex announced that Jaime Muguiro has officially begun his role as CEO, following his appointment by the Board of Directors on February 10. Muguiro succeeds Fernando A. Gonzalez, who retired after his tenure at the company.
Muguiro, who joined Cemex in 1996, brings extensive experience from various senior leadership positions across regions, most recently serving as President of Cemex USA. The new CEO emphasized his commitment to maximizing shareholder returns through operational efficiency and customer partnership.
The company's strategy focuses on growth opportunities in the United States through small to medium-sized bolt-on acquisitions. Having achieved its deleveraging objectives and consolidated operations, Cemex is transitioning from financial stabilization to growth phase while maintaining focus on sustainable value creation.
Cemex has released its 2024 Integrated Report highlighting significant operational and sustainability achievements. The company achieved its second-strongest sales and Operating EBITDA in recent history, along with the highest free cash flow after maintenance capital expenditures since 2017.
Key financial highlights include regaining an investment-grade rating from Standard & Poor's and Fitch, reaching a record US$939 million in net income, and announcing a progressive shareholder dividend program.
Through its Future in Action program, Cemex has made substantial progress in decarbonization efforts:
- 15% reduction in cement Scope 1 CO2 emissions since 2020
- 18% reduction in Scope 2 emissions
- 63% of cement sales and 55% of concrete sales from Vertua products
- Received €157 million EU Innovation Fund grant for CO2 capture at Rüdersdorf plant
The company ranked #1 in climate transition among 91 companies in hard-to-abate industries and achieved a Net Promoter Score of 74.
Cemex has been named one of the World's Most Ethical Companies® for 2025 by Ethisphere, highlighting its commitment to business integrity and ethical practices. The company joins an elite group of 136 organizations across 19 countries and 44 industries recognized this year.
The recognition is based on Cemex's adherence to its Code of Ethics and Business Conduct, which establishes high standards for behavior both internally and externally. The assessment process involved over 240 proof points evaluated through Ethisphere's Ethics Quotient®, examining various aspects including ethics, compliance, governance, environmental and social impact, and value chain initiatives.
CEO Fernando A. González emphasized that ethics is a core value at Cemex, highlighting how this recognition reflects their employees' dedication to maintaining a culture of transparency and trust. The company's commitment to ethical standards supports its strategic vision and guides interactions with all stakeholders.