Cemex's Social Responsibility Initiatives

In 1931, Cementos Hindalco and Cementos Portland Monterrey merged to form Cementos Mexicanos, which came to be known as Cemex.

Between 1931 and 1970, Cemex grew rapidly, emerging as the largest cement manufacturer in Mexico. In 1976, Cemex's shares were listed on the Mexican Stock Exchange. In the same year, Cemex acquired three cement plants in Guadalajara.⁷

In 1987; Cemex further strengthened its position by acquiring another cement company, Cementos Anahuac. In 1989, Cemex acquired Cementos Tolteca, the second largest cement producer in Mexico, becoming one of the top cement companies in the world.

By 1996, Cemex became the third largest cement company in the world when it took a majority stake in two cement companies in Colombia - Diamante and Samper.

Continuing on its acquisition drive, Cemex bought up a 25% equity stake in Semen Gresik, Indonesia's largest cement producer, in September 1999. It also purchased a 99.9% stake in APO cement in Philippines. In 2001, Cemex entered Thailand's cement market by acquiring 99% stake in the Saraburi cement company. Thus, by the early 2000s, Cemex had transformed itself from a regional company to a leading cement company in the world through its many acquisitions...