Press Releases

October 11, 2022

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it has teamed up with Red Ambiental and Ocean Conservancy to help clean Cancun’s beaches and use the collected waste as a more sustainable alternative to fossil fuels at cement plants. This initiative is part of Future in Action, CEMEX’s program to achieve carbon neutrality.

“CEMEX is firmly committed to the circular economy by integrating our value chain to the production of climate-friendly fuels that we use in cement production. Cancun’s beaches are key to Mexico’s tourism and a destination for millions of people worldwide, we are proud to contribute to achieving cleaner beaches,” said Ricardo Naya, President of CEMEX Mexico.

CEMEX, through its affiliate Pro Ambiente, the leading Mexican waste management company, worked alongside Red Ambiental to clean Playa Tortugas. Ocean Conservancy simultaneously cleaned Playa Gaviota Azul. The collected waste from both efforts will be used as a climate-friendly fuel to power CEMEX's operations in Mexico. CEMEX takes advantage of the energy generated from the processed waste to use in its plants. Thanks to this process, CO₂ emissions into the atmosphere are reduced by replacing fossil fuels, one of the most significant contributors to global warming.

CEMEX (NYSE: CX) is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. For more information, please visit: cemex.com

CEMEX assumes no obligation to update or correct the information contained in this press release. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. CEMEX intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. These forward-looking statements reflect CEMEX’s current expectations and projections about future events based on CEMEX’s knowledge of present facts and circumstances and assumptions about future events, as well as CEMEX’s current plans based on such facts and circumstances. These statements necessarily involve risks and uncertainties that could cause actual results to differ materially from CEMEX’s expectations. The content of this press release is for informational purposes only, and you should not construe any such information or other material as legal, tax, investment, financial, or other advice. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.