Cemex SAB de CV (ADR)(NYSE:CX) Supplied Special Offerings For Key German Motorways


Cemex SAB de CV (ADR)(NYSE:CX) reported that it supplied numerous solutions including air-entrained and water permeable concrete for the rehabilitation of sections of the A2 and A1 Motorways, two key federal highways in Germany.

For the revamp of around six kilometers of the A1 Motorway closer to Bremen, northwestern Germany, the company supplied around 1,000 cubic meters of Pervia©, allowing the manufacture of a water-permeable concrete layer under the respective highway’s new concrete pavement. Additionally, the company and a supply associate delivered air-entrained concrete of more than 4,000 cubic meters to replace segments of the A1 Motorway’s pavement.

The details

For the A2 Motorway, the German Federal Government ordered the reconstruction of both roadways on one of the busiest segments of the respective highway, the east-west axis. This section constitutes six lanes of more than 5 kilometers each. CEMEX supplied cement of around 11,800 tons for road paving via a mobile mixing plant based near the construction site.

Lutz Petersen of Cemex Germany expressed that thanks to their extensive portfolio of premium-quality solutions and building materials, they are able to enhance connectivity between the communities where they operate. At Cemex, they go the extra mile to fulfill their consumers’ needs, taking pride in their participation in key infrastructure assignments such as the renovation of the A2 and A1 Motorways.

Over the preceding seven years, the Northwest area of CEMEX Germany has successfully associated with numerous German construction firms to participate in five significant assignments for the A2, A30 and A1 Motorways. Cemex has offered concrete solutions for other key road improvements globally, like the Autostrada A1 in Poland, the Paseo de la Republica beltway based in Mexico and the Inter-American Highway located in Costa Rica.

In the last trading session, the stock price of Cemex jumped more than 3% to close the day at $8.09.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.