Producer
CEMEX
Mexican multinational cement giant (NYSE-listed); ~87 million tonnes/year cement capacity across 64 plants and 200+ quarries on four continents. US operations (8 cement plants) include the largest crushed stone quarry in the US by volume in Texas. Fully vertically integrated: every integrated plant has its own attached limestone quarry. Key Mexican plant at Tepeaca, Puebla (captive clay and limestone quarry, ~3.1 Mt/year). Also produces ready-mix concrete, aggregates, and circular economy building materials.
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Inputs supplied
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Goods downstream
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Facilities
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Stories
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1 input CEMEX supplies
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Cement
55%Ready-Mix Concrete
25%Aggregates & Quarrying
15%Circular Economy / Other
5%
Intelligence
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Did you know2024
CEMEX pioneered the digital transformation of the cement industry and in the process built what became Neoris — a global IT consulting company. CEMEX's internal technology organization, built in the 1990s-2000s under Lorenzo Zambrano's digital vision, became a significant IT capability that CEMEX offered to external clients. Neoris was eventually spun off as an independent IT consulting firm with over 3,000 employees serving clients across multiple industries. A Monterrey cement company built one of Mexico's largest IT consulting firms as an internal capability that it then externalized — the same company that mines limestone quarries for cement production also built enterprise software implementation and digital transformation services. CEMEX's digital transformation heritage made it an unlikely incubator for Mexican IT services, connecting the cement supply chain with the technology services industry.
CEMEX, S.A.B. de C.V. ↗Origin2023
CEMEX traces to Cementos Hidalgo, founded in 1906 in Monterrey, Nuevo León, Mexico — near the limestone deposits of the Sierra Madre Oriental and the industrial hub of northern Mexico. The Zambrano family (Lorenzo H. Zambrano being the transformative CEO from 1985 to 2014) built CEMEX from a regional Mexican producer into a global cement giant through leverage-financed acquisitions of Valenciana (Spain, 1992), Southdown (US, 2000), Blue Circle (UK, 2001), and Rinker Group (Australia/US, 2007). The Rinker acquisition ($14.2B in 2007) was CEMEX's most ambitious — and nearly disastrous. When the 2008-2009 financial crisis collapsed US housing construction (CEMEX's newly acquired US aggregates business depended on US housing starts), CEMEX faced $17B in debt and conducted one of the largest emergency debt restructurings in Latin American corporate history. The company survived but spent the 2010s deleveraging.
CEMEX, S.A.B. de C.V. ↗