Cemex could profit from Trump’s wall

Bloomberg are reporting that one of the biggest beneficiaries of Donald Trump’s plan to build a wall on the Mexican border might be Cemex SAB.

Cemex SAB would be “best positioned” to profit from such a large construction project. Other likely beneficiaries include another Mexican company Cemex owns a stake in, Grupo Cementos de Chihuahua SAB, as well as Martin Marietta Materials Inc., Vulcan Materials Co. and CalPortland Co.

The project would enrich suppliers of building materials in the border region. The wall proposed by the presumptive Republican presidential nominee would probably emulate the design of a barrier separating Israel from the West Bank, much of which was built with precast concrete panels. The potential cost of the wall with Mexico would be US$15 billion or more.

Roseberg and his team said the wall project would be a challenging feat of construction, requiring roads to be built just to get access to areas in which the international boundary passes through desert or mountain terrain. Cemex has cement operations on both sides of the border.

Building the wall would require about 7 million m³ of concrete, which could cost more than US$700 million at current prices.

Edited from source by Joseph Green. Source: Bloomberg

Read the article online at: https://www.worldcement.com/the-americas/19072016/cemex-profit-trump-wall-556/