CEMEX USA helps to build the longest highway loop in the U.S.

April 8, 2021

CEMEX, S.A.B. de C.V. ('CEMEX') (NYSE: CX) announced today that CEMEX USA is participating in the latest phase of construction of the Grand Parkway, the planned 180-mile circumferential highway in Houston, Texas.

The company is supplying more than 100,000 short tons of high-quality cement and more than 200,000 cubic yards of structural and paving ready-mix concrete for the Grand Parkway's H, I-1, and I-2 segments.

In order to provide a more dependable and efficient service, CEMEX USA permitted and is operating a portable central mix plant to give crews with joint-venture contractor, GPI, a nearby location to directly access concrete for more than 50 miles of highway.

'CEMEX USA is proud to be part of an iconic infrastructure project in our headquarters city of Houston and one that will help ease traffic and improve local travel for commuters,' said CEMEX USA Regional President--Texas Region Scott Ducoff. 'Completing the Grand Parkway is a significant endeavor and opportunity for us to continue to innovate how we efficiently and effectively deliver our best-in-class materials to meet the demands of inspiring projects such as this one.'

The Houston metro area is home to over seven million people, and transportation infrastructure is key to improving their quality of life and building a more resilient and sustainable city. This project is a clear example of CEMEX's commitment to providing high-quality solutions in major urban centers in the markets in which it operates.

According to the United Nations, approximately 55% of the world's population lives in urban areas today, a proportion that is expected to increase to 68% by 2050. Accelerated urbanization demands smarter construction, and CEMEX is uniquely positioned to provide integrated solutions for the construction and maintenance of more sustainable and resilient cities.

For more information on the project, please visit the website, http://sh99grandpkwy.com/

CEMEX is a global building materials company that provides high-quality products and reliable services. 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

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 assumes no obligation to update or correct the information contained herein. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.

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CEMEX SAB de CV published this content on 08 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 07:01:02 UTC.