Press Releases

October 20, 2022

• The Pelješac Bridge is one of the most significant infrastructure projects in Croatia in the past three decades.
• CEMEX supplied 37,000 metric tons of lower carbon cement for the construction of the bridge, which will greatly improve mobility within the country.

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it supplied 37,000 metric tons of cement for the construction of the Pelješac Bridge, one of the most significant infrastructure projects in Croatia in the past three decades. Nearly all the cement used in the project belonged to CEMEX’s Vertua family of lower carbon products.

The Pelješac Bridge spans a total of 2.4 kilometers, and is an integral part of Croatia's transport system, connecting the southern region of Croatia with the rest of the country. For decades, crossing between Croatia’s territories by land required crossing its border with Bosnia and Herzegovina.

“CEMEX has been a proud contributor to the development of Croatia, and we are very pleased to participate in one of the largest infrastructure projects in the region,” said Sergio Menendez, President of CEMEX Europe, Middle East, Africa & Asia. "Our Vertua products are designed to meet society’s demand for resilient and long-lasting buildings and infrastructure built with a lower carbon footprint.”

Vertua products have a CO₂ reduction of at least 25% versus traditional cements. For concrete, the CO₂ reduction ranges from 30% up to a full net-zero option.

Vertua cement and concrete play an important role in the transition of the built environment to a net-zero world, meeting customer needs through lower-carbon products without compromising performance. The development and customer acceptance of Vertua lower carbon products serves as an important milestone in CEMEX´s journey to become a net-zero CO₂ company.

CEMEX (NYSE: CX) is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. For more information, please visit: cemex.com

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 including, among others, risks, uncertainties, and assumptions discussed in CEMEX's most recent annual report and detailed from time to time in CEMEX’s other filings with the Securities and Exchange Commission, which factors are incorporated herein by reference, as well as the announced construction project and products that are used not to produce the expected results and impacts. These factors may be revised or supplemented, but CEMEX is not under, and expressly disclaims, any obligation to update or correct this press release or any forward-looking statement contained herein, whether as a result of new information, future events or otherwise. Any or all of CEMEX’s forward-looking statements may turn out to be inaccurate. Accordingly, undue reliance on forward-looking statements should not be placed, as such forward-looking statements speak only as of the dates on which they are made. 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 is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.