News

CEMEX, S.A.B. de C.V. (“CEMEX”) and CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, announced today that they are investing in a global early-stage venture fund, Zacua Ventures, that aims to tackle the construction industry’s biggest challenges in sustainability, productivity, and urbanization.

CEMEX announced that it has added nearly 200 lower-carbon natural gas-powered trucks as part of a comprehensive 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.

CEMEX, S.A.B. de C.V. (“CEMEX”) announced that CEMEX Ventures, its corporate venture capital and open innovation unit, is investing in COBOD, a global leader in construction-grade 3D printers. This investment is part of CEMEX´s strategy to deliver a superior customer experience enabled by digital technologies.

CEMEX announced that it expects to work with Coolbrook to test their patented technology which uses electricity in place of fossil fuels in the heating process of cement production.

CEMEX announced  that CEMEX Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean.

Consolidated net sales for the first quarter of 2022 increased by 15.7% to US$206.9 million from US$178.8 million in the first quarter of 2021. This was primarily due to higher cement and concrete volumes in the United Sates, increased concrete volumes in Mexico and a favourable price environment in both markets. Those were partially offset by lower cement volumes in Mexico.

CEMEX announced the reopening of their second line at the San Pedro Macoris plant, its main cement operation in the Dominican Republic. This investment will increase production capacity by one-third and allow CEMEX Dominicana to serve its customers better in high-growth markets in the Caribbean.