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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Post by kingscorpionon Apr 30, 2023 11:00pm
246 Views
Post# 35422158

CVX contracts growing

CVX contracts growingJust to let you fine people know that if you look back at the last 3 NR you ll see that between the current contract announcement and the last one only about a month passed That is, in the past month CVX announced 10.5 mil contracts and with the bidding pipeline in excess of $420 mil these contract announcements will become more frequent now that the cement shortage has been dealt with. As the biggest pure play c.c company if CVX can manage to get a minimum 10% of that $420 mil bidding pipeline that's another $42 mil added contracts but CVX is the biggest and also the most visible therefore I would expect them to win a much higher percentage of the current pipeline. There aren't many pure play c.c company and none of them have the capacity and the capability as CVX does There are only 2 cc companies that are in direct competition and none has the capacity and capability as CVX does. In Canada the company wins over 70% of the contracts. Thou in US this may be lower the company can still win well over 10-15% of all contracts available up.to perhaps 25% For the bigger jobs this percentage in USA is much much higher Remember the $22.5 mil contract!!
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