CEMEX B de C : introduces Vertua® in Mexico, its low carbon and net-zero CO2 products

CEMEX introduces Vertua^® in Mexico, its low carbon and net-zero CO₂ products

December 7, 2020

CEMEX, S.A.B. de C.V. ('CEMEX') (NYSE: CX) announced today that Vertua^®, its low carbon and net-zero CO₂ products, is now available in Mexico after a successful introduction in Europe.

Vertua^® is a milestone towards carbon-neutral construction becoming a reality. Since December 1, it is available in Mexico City, Monterrey, Guadalajara, Cancun, Tijuana, León, Querétaro, Puebla, Mérida, and Mazatlán, and will be gradually available in the rest of Mexico.

Vertua^® is the result of the work done by the CEMEX's Research and Development Center in Switzerland and it´s one of the main components of the ambition to deliver net-zero CO₂ concrete for all products and geographies by 2050. Customers in several European countries are already using Vertua^® in flagship infrastructure projects and many climate-friendly building projects, reducing their construction CO₂ footprint significantly.

Ricardo Naya, President of CEMEX Mexico, stated, 'with Vertua^®, we are taking a decisive step in addressing Climate Change in Mexico and the world, by offering a line of concretes with up to 70% fewer carbon emissions. In CEMEX, we embrace the circular economy concept and put it into action by offering our customers solutions like Vertua^® to keep them at the forefront of sustainability efforts.'

Early this year, CEMEX announced its Climate Action strategy, defining a global target of a 35% reduction of CO₂ emissions per ton of cementitious products by 2030. To complement this strategy with a longer-term vision, CEMEX also established an ambition to deliver net-zero CO₂ concrete to all its customers globally by 2050.

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.

Media Relations CEMEX Jorge Pérez [phone] [e-mail]

Investor Relations CEMEX Lucy Rodríguez [phone] [e-mail]