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Bullboard - Stock Discussion Forum
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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TSX:CEMX - Post Discussion
CEMATRIX Corp
> CEMATRIX Announces $7.6 Million in New Contracts
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•••
HGBlog
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Post by
HGBlog
on Apr 26, 2024 9:36am
CEMATRIX Announces $7.6 Million in New Contracts
CEMATRIX Announces $7.6 Million in New Contracts and a Reduction in Scope of a Previously Awarded Tunnel Project
https://money.tmx.com/quote/CVX/news/4953969874983391/CEMATRIX_Announces_76_Million_in_New_Contracts_and_a_Reduction_in_Scope_of_a_Previously_Awarded_Tunnel_Project
(385)
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kingscorpion
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Comment by
kingscorpion
on Apr 26, 2024 9:50am
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
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Bubbajohny50
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Comment by
Bubbajohny50
on Apr 26, 2024 10:04am
Yes you are correct that there is a string of bridges in this area that are being considered for CVX's technology and future projects.
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