Cemex de CV : Participates in Third Largest Water Project in Nile River
September 05, 2018 at 05:42 pm EDT
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CEMEX Participates in Third Largest Water Project in Nile River
September 5, 2018
CEMEX, S.A.B. de C.V. ('CEMEX') (NYSE: CX) announced today that it participated in the construction of the new Assiut barrage project, considered the third largest water project in the Nile River. CEMEX acted as the main cement supplier of this project, which is expected to provide irrigation water for 690,000 hectares, directly benefiting 5 million Egyptian agricultural workers.
'The new Assiut barrage is an exemplary project for CEMEX in Egypt. We provided high-quality materials and expertise to ensure that this project represents a new landmark in the Nile River,' said Carlos E. Gonzalez, Country Manager of CEMEX in Egypt. 'We are very proud to participate in projects that shape the future of Egypt such as the new Assiut barrage and the country's first concrete road,' he added.
The new Assiut barrage project replaces the previous dam, built in the early 20th century. The project also involves the construction of a hydroelectric power plant in the Nile River that is expected to generate 32 megawatts of energy. CEMEX supplied 160,000 tons of high-resistant, low heat of hydration cement for this project, which is expected to not only improve navigation through the river, but also provide water and clean, renewable energy to the cities of Assiut, Minya, Beni Suef, Fayoum, and Giza.
CEMEX is a global building materials company that provides high-quality products and reliable services to customers and communities in more than 50 countries. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future. For more information, please visit:www.cemex.com
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CEMEX assumes no obligation to update or correct the information contained in this press release.CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.
Media Relations
Jorge Perez
+52(81) 8888-4334
mr@cemex.com
Investor Relations
Eduardo Rendon
+52(81) 8888-4256
ir@cemex.com
Analyst Relations
Lucy Rodriguez
+1(212) 317-6007
ir@cemex.com
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CEMEX SAB de CV published this content on 05 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 September 2018 21:41:07 UTC
Cemex SAB de CV is a Mexico-based operating and holding company primarily engaged, directly or indirectly, through subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other globally provided construction materials. The construction-related services supply customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. The cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Puerto Rico, Thailand and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.
CEMEX, S.A.B. DE C.V. 
