Press Releases

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

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