Profile: Cemex SAB de CV (CX)
25 Oct 2016
CEMEX, S.A.B. de C.V. (CEMEX), incorporated on June 11, 1920, is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. Its cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Latvia, Puerto Rico, Thailand, Costa Rica and Nicaragua.
The Company manufactures cement through a closely controlled chemical process, which begins with the mining and crushing of limestone and clay, and, in some instances, other raw materials. The clay and limestone are then pre-homogenized, a process which consists of combining various types of clay and limestone. The mix is dried and then fed into a grinder, which grinds the various materials in preparation for the kiln. The raw materials are calcined, or processed, at a high temperature in a kiln, to produce clinker. Clinker is the intermediate product used in the manufacture of cement. Its types of cement include Gray Ordinary Portland Cement, White Portland Cement, Masonry or Mortar, Oil-well Cement and Blended Cement.
Ready-mix concrete is a combination of cement, fine and coarse aggregates, admixtures (which control properties of the concrete including plasticity, pumpability, freeze-thaw resistance, strength and setting time), and water. The types of ready-mix concrete the Company offers include Standard Ready-Mix Concrete, Architectural and Decorative Concrete, Rapid-setting Concrete, Fiber-reinforced Concrete, Fluid-fill Concrete, Roller-compacted Concrete, Self-consolidating Concrete (SCC), Pervious Concrete and Antibacterial Concrete.
The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction. The Company's customers use its aggregates for an array of applications: as a component in the construction and maintenance of highways, walkways, parking lots, airport runways, and railways; for drainage, water filtration, purification and erosion control; as fill material; for sand traps on golf courses, beaches, playing field surfaces, horse racing tracks and related applications, and to build bridges, homes and schools. It also offers complementary products to its clients for their construction needs, which mainly include Asphalt, Concrete block, Roof tiles, Architectural products, Pipe and Other precast products.
The Company's CEMEX Mexico, S.A. de C.V. (CEMEX Mexico) subsidiary is both a holding company for some of the Company's operating companies in Mexico and an operating company involved in the manufacturing and distribution of cement, aggregates, steel, groundstone and other construction materials and cement by-products in Mexico. CEMEX Mexico, indirectly, is also the holding company for substantially all the Company's international operations. Its Tepeaca cement plant in Puebla, Mexico has a production capacity of approximately 3.2 million tons of cement per year. The Company operates over 10 out of its approximately 15 cement plants and over 85-cement distribution centers (including seven marine terminals) located throughout Mexico.
CEMEX, Inc. is the main holding company of the Company's operating subsidiaries in the United States. The Company has a cement manufacturing capacity of approximately 17.1 million tons per year in its operations in the United States, including over 1.2 million tons in proportional interests through non-controlling holdings. The Company operates a geographically diverse base of over 10 cement plants located in Alabama, California, Colorado, Florida, Georgia, Kentucky, Louisiana, Ohio, Pennsylvania, Tennessee and Texas. It operates over 350 ready-mix concrete plants located in the Alabama, Arizona, California, Florida, Georgia, Louisiana, New Mexico, Nevada, Oregon, Tennessee, Texas and Washington and aggregates facilities in Arizona, California, Florida, Georgia, New Mexico, Nevada, Oregon, Texas and Washington.
The Company's business in Northern Europe, which includes its operations in the United Kingdom, Germany, France and its Rest of Northern Europe segment. The CEMEX Investments Limited is a holding company of its operating subsidiaries in the United Kingdom. The Company is a provider of building materials in the United Kingdom with vertically integrated cement, ready-mix concrete, aggregates and asphalt operations. It is also a provider of concrete and precast materials solutions, such as concrete blocks, concrete block paving, flooring systems and sleepers for rail infrastructure.
CEMEX Deutschland AG is the Company's main subsidiary in Germany. The Company is a provider of building materials in Germany, with vertically integrated cement, ready-mix concrete and aggregates. CEMEX France is a main subsidiary in France. The Company is a ready-mix concrete producer and an aggregates producer in France. It distributes its materials by road and waterways. Its operations in the Rest of Northern Europe consisted primarily of its operations in the Czech Republic, Poland and Latvia, Scandinavia and Finland.
CEMEX Polska Sp. ZO.O. is a main subsidiary in Poland. The Company provides building materials in Poland, serving the cement, ready-mix concrete and aggregates markets. It operates over two cement plants and one grinding mill in Poland, with a total installed cement capacity of approximately three million tons per year.
CEMEX SIA is the Company's operating subsidiary in Latvia. It operates a cement plant in Latvia with an installed cement capacity of over 1.6 million tons per year. The Company also operates over nine ready-mix concrete plants, a mobile pugmill and approximately four aggregates quarries in Latvia. The Company operates over 10 marine cement terminals in Norway and Sweden through CEMEX AS, a bulk-cement importer in the Nordic region.
The Company's business in the Mediterranean, which includes its operations in the Spain, Egypt and its Rest of the Mediterranean segment. The Company's operations in the Rest of the Mediterranean consisted primarily of its operations in the United Arab Emirates and Israel.
CEMEX Espana is a holding company for the Company's international operations. ACC is the subsidiary in Egypt. The Company operates a cement plant in Egypt, with an annual installed capacity of approximately 5.4 million tons. This plant is located approximately 280 miles south of Cairo and serves the upper Nile region of Egypt, as well as Cairo and the delta region. Its United Arab Emirates companies include CEMEX Topmix LLC and CEMEX Supermix LLC, which are ready-mix manufacturing companies, and CEMEX Falcon LLC, which specializes in the trading and production of cement and slag. CEMEX Holdings (Israel) Ltd. is the Company's subsidiary in Israel.
South America and the Caribbean
The Company's business in South America and the Caribbean, which includes its operations in the Colombia and Rest of South America and the Caribbean segment. CEMEX Latam is the holding company for the Company's operations in Brazil, Colombia, Costa Rica, Guatemala, Nicaragua, Panama and El Salvador. CEMEX Colombia is its subsidiary in Colombia. Its operations in the Rest of South America and the Caribbean consisted primarily of its operations in Costa Rica, the Dominican Republic, Jamaica, Nicaragua, Panama, Puerto Rico and other countries in the Caribbean, Guatemala and small ready-mix concrete operations in Argentina. CEMEX Dominicana, S.A. is its subsidiary in the Dominican Republic and is a cement producer in the country. CEMEX Latam Holdings, S.A. (CEMEX Latam) has interest in Cemento Bayano, its subsidiary in Panama and a cement producer in the country. CEMEX Latam owns CEMEX Nicaragua, S.A., which is an operating subsidiary in Nicaragua. CEMEX de Puerto Rico, Inc. is its subsidiary in Puerto Rico. CEMEX Latam owns CEMEX Guatemala, which is an operating subsidiary in Guatemala.
The Company's business in Asia, which includes its operations in the Philippines and the Rest of Asia segment. The Company's operations in the Rest of Asia, which consists primarily of its operations in Thailand, Bangladesh and Malaysia.
The Company competes with LafargeHolcim, Sociedad Cooperativa Cruz Azul, Ciments Molins, Grupo Cementos de Chihuahua, S.A.B. de C.V., Buzzi-Unicem, Heidelberg, Ash Grove Cement, CRH, Heidelberg, Mittal Investments, Schwenk, Italcementi, Vicat, Italcementi, Colas (Bouygues), Eurovia (Vinci), Lafarge, Dyckerhoff, Miebach, Skanska, Assiut Cement Company, Egyptian Cement Company, Italcementi S.p.A., Arabian (La Union), Titan, Ameriyah, National, Sinai, Sinai White cement South Valley, Nile Valley, El Sewedy, Army Cement, Aswan Medcom, Misr Beni Suef, Al Nahda and Misr Quena Cement Companies, Building Materials Industries Co., ASEC Cement., Cementos Argos, Antioquia and Southwest region markets, LafargeHolcim Colombia, LafargeHolcim Costa Rica, Domicem, Cementos Cibao, Cemento Colon, Cementos Santo Domingo, Cementos Panam, Cementos Andinos, Argos Panama, Cemento Interoceanico, Holcim (Nicaragua) S.A., San Juan Cement Co., Eagle, Northern, Goodfound, Taiheiyo, Mabuhay, Pacific Cement, Siam Cement Group, SIAM Cement, TPI Polene, Italcementi, YTL, Chin Hin Concrete, Tasek Concrete and Hanson.
Cemex SAB de CV
Ave. Ricardo Margain 325
Colonia Valle del Campestre
SAN PEDRO GARZA GARCIA 66265
Company Web Links
- Cemex says to amortize $242 mln in debt
- EU to investigate HeidelbergCement, Schwenk joint buy of Cemex Croatia
- Cemex plans to sell 23 pct stake in Cementos de Chihuahua
- Mexico's Cemex launches offer for $500 mln in 2021 notes
- BRIEF-Cemex announces tender offer for 7.250% senior secured notes due 2021