Jaime Muguiro Begins Tenure as CEO of Cemex
Today, Jaime Muguiro begins his tenure as CEO of Cemex after being appointed to the position by the company’s Board of Directors on February 10. This appointment is part of a planned leadership transition following former CEO Fernando A. Gonzalez’s decision to retire after a successful career at Cemex.
Cautious Optimism for Building Products Distribution Rising as Sustained Demand for New Residential Construction ExpectedPALM BEACH, Fla., April 02, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Global and north American building products distribution market has been steadily increasing in past years and is expected to continue for the years to come. A building product report said that: “Looking forward to 2025 and beyond, there is cautious optimism for the building products sector following a year of foundational growth in 2024. The Federal Reserve has heeded data indicating lower inflation and a cooling labor market, opting to cut the benchmark interest rate by 50 basis points in mid-September. This was the FOMC’s first decision to ease monetary policy in four years, which, overlaid with market expectations for an additional 50 basis points of cuts by year-end 2024, has improved the outlook for construction spending and activity in both residential and non-residential markets moving forward.” It continued saying that; “The building products distribution market in North America and Europe is massive, topping $800 billion, and is expected to grow 5-9% through 2031, driven by private and public investment and economic growth. The building materials distribution market in North America and Europe is a massive market, topping $800 billion.” Active companies active in the markets include: Capstone Holding Corp. (
NASDAQ: CAPS), QXO, Inc. (
NYSE: QXO), CEMEX, S.A.B. de C.V. (
NYSE: CX), Masco Corporation (
NYSE: MAS), Titan America SA (
NYSE: TTAM).
Cemex showcases significant operational and sustainability advancements in its 2024 Integrated Report
Cemex presented its 2024 Integrated Report, titled Our Future in Action: Accelerating a Sustainable World, showcasing its operational and strategic performance in 2024. The year 2024 was marked by solid financial results, the recovery of Cemex’s investment-grade rating, and progress in its decarbonization agenda in alignment with Cemex’s 2030 targets.
Cemex Recognized as One of the World's Most Ethical Companies®
Cemex received today the 2025 World’s Most Ethical Companies® recognition from Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
Cemex celebrates 25 years of biodiversity conservation and restoration at El Carmen Nature Reserve
Cemex celebrates the 25th anniversary of its El Carmen Nature Reserve on World Wildlife Day, reaffirming its commitment to scientific research, habitat and species conservation and restoration.
Cemex Announces Senior Level Organizational Changes
Following today’s announcement of the retirement of Fernando Gonzalez as CEO of Cemex, and the appointment of Jaime Muguiro as new CEO effective April 1st 2025, Cemex announces the following changes to its senior-level organization.
Cemex Announces CEO Transition
Cemex announced today that its CEO, Fernando A. González, has decided to retire after a successful career of over 35 years in the company. The Cemex Board of Directors has appointed Jaime Muguiro as new CEO; these changes will become effective April 1, 2025.
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Cemex Recognized at COP29 for Solar Clinker Breakthrough
Cemex was awarded the Net-Zero Industries Award by Mission Innovation at a ceremony during COP29 in Baku, Azerbaijan for its revolutionary clinker decarbonization process using concentrated solar power.
EU Backs Pioneering CO2 Capture Project at Cemex’s Rüdersdorf Cement Plant
A consortium comprised of Cemex and Linde, a leading global industrial gases and engineering company, has been selected to receive €157 million in funding from the EU Innovation Fund for a pioneering CO2 capture project at Cemex’s Rüdersdorf Cement Plant in Germany.
Fortune Recognizes Cemex for the Fourth Time as a Company That Is Changing the World
Cemex announced today that it has been included in Fortune’s 2024 Change the World list. The list, selected by Fortune reporters and editors from a list of about 250 companies, showcases businesses that are having a positive social impact through activities that are part of their core business strategy. Cemex is receiving this distinction for the fourth time.
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Cemex expands Regenera circularity business with acquisition in Berlin
Cemex announced today that it has acquired a majority stake in RC-Baustoffe Berlin GmbH & Co. KG, a recycling company and part of the Heim Group, as part of its ongoing efforts to grow its circularity business. The Berlin-based company processes mineral construction, demolition, and excavation materials (CDEM).
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