Cemex is key provider of building materials such as ready-mix concrete, asphalt products, roofing tiles, drainage basin barriers, and concrete pipes for sewer systems. Cemex recently made headlines when competitor Vulcan Materials, the largest construction aggregates producer in the U.S., alleged Mexican police seized its quarry in the Mexican province of Quintana Roo and allowed Cemex to unload cargo at the site. Cemex leased part of the port until December when its agreement with Vulcan expired and the companies failed to agree on a renewal.
The company’s outlook is brilliant it is located in low-labour-cost country next the United States of America which is engaged in the energy transition. Given the renewal of the infrastructure, it sales should grow above average in the coming years.