Cemex is supplying a specialty mix of Vertua concrete products
for the construction of Rise Tower in Monterrey, Mexico, which is
expected to become the tallest tower in Latin America at a height
of 475 meters and 100 stories.
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Rise Tower will be the tallest skyscraper
in Latin America and is being built with Cemex´s Vertua concrete.
(Photo: Business Wire)
Led by the renowned real estate developer Inmobiliaria Ancore,
this project aims to achieve the highest standards of sustainable
construction and become the tower with the most environmental
certifications in Mexico. Rise Tower will seek LEED, WELL, Green
Globes, bEQ, and NMX-164 certifications.
“We’re honored to be working on a project that will establish
the new standard for sustainable high-rise construction in Latin
America,” said Ricardo Naya, President of Cemex Mexico. “Cemex
brings vast experience in sustainable construction, providing
lower-carbon building materials, lower-waste practices, and zero
use of potable water in our concrete production.”
Given the magnitude of the project, Cemex will provide a special
concrete pouring system to reach high altitudes, offering
high-strength products and advanced technologies to provide the
highest levels of safety, promptness, consistency, and
efficiency.
Helping to address the city’s environmental challenges, Cemex
has eliminated the use of potable water in its concrete production,
and it is prioritizing sustainable construction practices for the
building’s construction. Rise Tower, expected to be completed in
2026, is part of a complex that integrates several mixed-use areas,
including residential and office spaces, a hotel, stores, and green
areas.
Cemex’s Vertua family of products offers a specialized portfolio
of sustainable, high-quality construction products through its five
specific and measurable attributes: lower-carbon, energy
efficiency, water conservation, recycled materials, and design
optimization. Vertua is a part of Cemex’s Future in Action program,
which focuses on achieving sustainable excellence through climate
action, circularity, and natural resource management with the
primary objective of becoming a net-zero CO₂ company by 2050.
About Cemex
Cemex 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 help 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: www.cemex.com
Except as the context otherwise may require, references in this
press release to “Cemex,” ”we,” ”us,” ”our,” refer to Cemex, S.A.B.
de C.V. (NYSE: CX) and its consolidated subsidiaries. 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, unless otherwise indicated.
These statements necessarily involve risks, uncertainties, and
assumptions 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 U.S. Securities and Exchange Commission and the
Mexican Stock Exchange (Bolsa Mexicana de Valores), which factors
are incorporated herein by reference, which if materialized could
ultimately lead to Cemex’s expectations, expected results, and/or
the project referred herein not producing the expected benefits
and/or results. Forward-looking statements should not be considered
guarantees of future performance, nor the results or developments
are indicative of results or developments in subsequent periods.
These factors may be revised or supplemented, and the information
contained in this press release is subject to change without
notice, but Cemex is not under, and expressly disclaims, any
obligation to update or correct this press release or revise any
forward-looking statement contained herein, whether as a result of
new information, future events or otherwise, or to reflect the
occurrence of anticipated or unanticipated events or circumstances.
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.
There is currently no single globally recognized or accepted,
consistent, and comparable set of definitions or standards (legal,
regulatory, or otherwise) of, nor widespread cross-market consensus
i) as to what constitutes, a ‘green’, ‘social,’ or ‘sustainable’ or
having equivalent-labelled activity, product, or asset; or ii) as
to what precise attributes are required for a particular activity,
product, or asset to be defined as ‘green’, ‘social,’ or
‘sustainable’ or such other equivalent label; or iii) as to climate
and sustainable funding and financing activities and their
classification and reporting. Therefore, there is little certainty,
and no assurance or representation is given that such activities
and/or reporting of those activities will meet any present or
future expectations or requirements for describing or classifying
funding and financing activities as ‘green’, ‘social’, or
‘sustainable’ or attributing similar labels. We expect policies,
regulatory requirements, standards, and definitions to be developed
and continuously evolve over time.
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version on businesswire.com: https://www.businesswire.com/news/home/20231024958083/en/
Analyst and Investor Relations - Monterrey Fabián Orta +52 (81)
8888-4327 ir@cemex.com Analyst and Investor Relations - New York
Scott Pollak +1 (212) 317-6011 ir@cemex.com Media Relations Jorge
Pérez +52 (81) 8259-6666 jorgeluis.perez@cemex.com
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