CEMATRIX Corp T.CEMX

Alternate Symbol(s): CTXXF

Building Materials Building Materials

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.

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CEMATRIX Corp > CEMATRIX Announces $7.6 Million in New Contracts

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Comment by kingscorpionon Apr 26, 2024 9:50am

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Post# 36009110

RE:CEMATRIX Announces $7.6 Million in New Contracts

Ok So there's a reduction of about $17 mil pertaining to NCarolina project Investors should not panic as this can be remedied by replacing this amount with fresh contracts plus backlog. This project as you all know moved a few times and were replaced by new and backlog contracts in the past So this case will be exactly the same thing. The NCarolina project was worth $22.4 mil US $32.5 mil cdn is now worth around $19-$20 mil cdn. But did NCarolina project not have bunch of bridges basically side by side and the talk was that there is a good chance more contracts could be announced from this area?

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