CEMEX B de C : participates in Santolea Dam, one of the most relevant hydraulic projects in Spain
March 03, 2021
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CEMEX participates in Santolea Dam, one of the most relevant hydraulic projects in Spain
March 4, 2021
CEMEX, S.A.B. de C.V. ('CEMEX') (NYSE: CX) announced today that it is participating in the construction of the Santolea Canyon Dam, one of the most important hydraulic infrastructure projects in Spain, which will help promote significant economic and social benefits, under safe and sustainable conditions.
Construction of the Santolea Dam began in November 2018, and it is expected to be completed during the summer of 2021. CEMEX supplies all cement needed for this infrastructure from its plant in Morata de Jalón. The concrete pouring began in March 2020 and has been worked on uninterruptedly 24/7 by teams of professionals specialized in this type of project.
'We are very proud of our participation in the construction of the Santolea Canyon Dam, a key project requiring materials and solutions of the highest technical and environmental specifications' said Sergio Menendez, president of CEMEX Europe, the Middle East, Africa, and Asia. 'The new Santolea Dam will greatly contribute to support sustainable growth in the region'.
The dam will have a maximum height of 59 meters and 220 meters in length, which will allow the storage of approximately 105 cubic hectometers of water that will supply a vast region with significant hydrological needs. The dam is estimated to benefit some 2,000 farmers and ranchers.
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. The Company assumes no obligation to update or correct the information contained herein.
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CEMEX SAB de CV published this content on 04 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2021 05:50:04 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. 
