CEMEX S.A.B. de C.V.

History

YearDetail
1906 CEMEX was founded in Mexico with the opening of the Cementos Hidalgo plant in northern Mexico.
1920 Cementos Portland Monterrey started operations with an annual production capacity of 20,000 tons.
1966 CEMEX acquired Cementos Maya in Merida and built a new plant in the cities of Ciudad Valles and Torreon.
1976 CEMEX acquired Cementos Guardalajara company with this acquisition it became Mexico’s one of the largest market leaders in the industry.
1986 CEMEX consolidates its export program through investments in North American cement companies.
1987 It acquired Cementos Anahua and started the implementation of a satellite system, CEMEXNet to connect the company’s facilities. With the acquisition of Cementos Tolteca, Mexico’s one of the largest cement producer, CEMEX became one of the ten largest cement producers in the world.
1992 CEMEX acquired Spain’s two largest cement plants.
1994 CEMEX expanded into U.S. operations by acquiring a cement plant in Texas and entered Panama with the acquisition of Cemento Bayano.
1994 CEMEX launches its alternative fuels strategy and begins converting its plants to enable them to use petroleum coke.
1994 CEMEX establishes its eco-efficiency program, the cornerstone of its sustainable development strategy.
1996 CEMEX acquired Cementos Diamante and Samper companies in Colombia.
1998 CEMEX purchased APO Cement in the Philippines and had a 40% economic interest in Rizal Cement.
1999 CEMEX formed CEMEX Asia Holdings (CAH) to develop new partnerships and cement related business in Southeast Asia. CEMEX consolidated its presence in Central America and CEMEX had also acquired Assiut Cement Company in Egypt.
2000 CEMEX formalised the construction of a new grinding mill in Bangladesh and it also acquied the U.S. based Southdown.Inc.
2001 CEMEX enter the Thai cement market by acquiring Saraburi Cement Company.
2002 CEMEX acquired Puerto Rican Cement Company to enhance its position in the Caribbean region.
2005 CEMEX doubles its size with the acquisition of RMC, adding 20 mainly European markets. This integration strengthened CEMEX’s presence in Europe and positioned the company all the way through the industry value chain.
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