CEMEX Holdings Philippines, Inc. Announces Board Changes
April 02, 2020 at 07:14 pm EDT
Share
Cemex Holdings Philippines, Inc. at the meeting of the Board of Directors held on 2 April 2020, the Board of Directors accepted the resignation of Mr. Joaquin Miguel Estrada Suarez as the Chairman and a member of the Board of Directors effective on 27 March 2020 and, in this regard, elected Mr. Sergio Mauricio Menéndez Medina as a new member and the Chairman of the Board of Directors effective immediately and for the unexpired term of Mr. Estrada's directorship. Date of appointment is on April 2, 2020. Sergio Mauricio Menéndez Medina assumed senior vice president positions in the commercial department for CEMEX Mexico until 2019, when he was appointed as the president for CEMEX’s operations in Europe and became a member of the executive committee of CEMEX, S.A.B.de C.V. He is currently the president of CEMEX’s operations in Europe, Middle East, Africa and Asia region.
CEMEX Holdings Philippines, Inc. is a Philippines-based vertically integrated heavy building materials company focused on four core businesses: cement, ready-mix concrete, aggregates and urbanization solutions. The Company's products and services include cement, services, sustainable construction and admixtures. The Company sells product types, such as portland-pozzolan blended cement (high strength), ternary blended cement and masonry cement. Its cement products include Rizal High Strength, APO High Strength, CEMEX Palitada King, Rizal Portland Ternary, APO Portland Ternary and APO Masonry. It offers a global end-to-end digital solution with CEMEX Go. Its Vertua brand is a portfolio of sustainable products. Its Rizal and Island branded products are mainly sold in Metro Manila and Southern Luzon. Its APO branded product is mainly sold in the Visayas and northern Mindanao regions. It has two cement plants with an aggregate installed annual capacity of around 5.7 million tons of cement.
CEMEX HOLDINGS PHILIPPINES, INC. 
