CEMEX
A global building materials company that provides sustainable cement, ready-mix concrete, aggregates, and urbanization solutions powered by digital technologies and focused on carbon neutrality.
- CEO / Founder
- Jaime Muguiro
- Team Size
- 40,000+
- Stage
- Active
- Total Funding
- Publicly Traded
- Latest Round
- IPO
- Key Investors
- Institutional investors (82.97% ownership), BlackRock, The Vanguard Group, Fifth Third Bancorp, Diversify Wealth Management LLC, Black Creek Investment Management Inc.
Technology & Products
Key Products
["Cement (Gray Portland, White Portland, Blended, Oil-well, Mortar)","Ready-Mix Concrete","Aggregates (Sand, Gravel, Crushed Stone)","Urbanization Solutions (Paving, Landscaping, Masonry)","Vertua® Low-Carbon Concrete (Classic, Plus, Ultra Zero)","Vertua® Sustainable Cement (Plus, Ultra)","Vertua® Net-Zero Carbon Concrete","CEMEX Go Digital Platform"]
Technological Advantage
Integrates multiple decarbonization levers: supplementary cementitious materials (fly ash, slag) to replace clinker, carbon capture and utilization/storage (CCUS) technologies, solar technology for clinker manufacturing, AI-powered real-time industrial process optimization, and Thermal Plasma Electrolysis for carbon-neutral hydrogen production. Digital platform CEMEX Go enables end-to-end order management, real-time delivery tracking, and automated intelligent business processes using AI.
Differentiation
Value Proposition
Delivers high-quality, low-carbon building materials with reduced environmental footprint through the Vertua® product line, combined with a digitally-enabled customer experience via CEMEX Go platform that accounts for 65% of total sales and serves 88% of recurring customers.
How They Differentiate
Industry-leading sustainability through Vertua® low-carbon product line (63% of cement sales, 55% of concrete sales in 2024), digital transformation via CEMEX Go platform (65% of total sales), and pioneering carbon-neutral concrete technology (Vertua® Ultra Zero). Achieved 15% Scope 1 and 18% Scope 2 CO2 emissions reduction since 2020, outpacing industry averages.
Market & Competition
Target Customers
Construction companies, infrastructure developers, commercial and residential builders, government entities, and infrastructure projects requiring sustainable building materials
Industry Verticals
["Construction & Building Materials","Infrastructure Development","Residential Construction","Commercial Real Estate","Urban Development","Industrial Facilities","Transportation Infrastructure","Energy Sector"]
Competitors
Holcim (LafargeHolcim); Heidelberg Materials; CRH plc
Growth & Milestones
Growth Metrics
Achieved record net income of $939M in FY2024, second-strongest sales and Operating EBITDA in recent history, highest free cash flow after maintenance capex since 2017. Regained investment-grade rating from S&P and Fitch in 2024 with leverage at 1.8x. EBITDA margin of 19.0% in 2024.
Major Milestones
["Founded in 1906 in Mexico, celebrating 119 years of operations","Regained investment-grade credit rating from S&P and Fitch in 2024","Achieved record net income of $939 million in FY2024","Reduced Scope 1 CO2 emissions by 15% and Scope 2 by 18% since 2020","Vertua sustainable products reached 63% of cement sales and 55% of concrete sales in 2024","Launched 'Project Cutting Edge' savings program targeting $350M EBITDA improvement by 2027","CEMEX Go digital platform drives 65% of total sales with 88% recurring customer adoption","Named one of World's Most Ethical Companies® by Ethisphere in 2025","Jaime Muguiro appointed CEO effective April 1, 2025","Completed divestment of Panama operations and acquired majority stake in Couch Aggregates (USA)"]
Notable Customers
Construction companies; Infrastructure developers; Commercial and residential builders; Government entities; Major infrastructure projects worldwide