Cemex S.A.B. De C.V.
CEMEX S.A.B. de C.V. (Cemex) is the third largest cement producer in the world, behind France's Lafarge S.A. and Switzerland's Holcim Ltd. Cemex initially started as a small cement company in 1906 and gradually evolved into Mexico's number one cement producer. In the early 1990's, Cemex commenced an aggressive expansion campaign through the acquisition of competitors around the world. Today, Cemex's operations span over fifty countries and collectively boast annual production capacities of 160 million metric tons of aggregates, 70 million cubic meters of ready-mix concrete, and 98 million metric tons of cement (CEMEX Company Figures, 2007).
In 2005, Cemex had net sales of over $15.3 billion distributed between sales of cement (72%), ready-mix concrete (15%), aggregates (9%), and others (4%). Cemex holds over $26.7 billion in assets and has become the world's largest trader of cement with established trade relations with over sixty countries. Over half of Cemex's 2005 sales were......
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