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CEMEX supplies materials for the largest maintenance airport in Europe - CEMEX supplies materials for the largest maintenance airport in Europe

Press Releases

CEMEX supplies materials for the largest maintenance airport in Europe

publishDate1 Tue, 26 Jan 2021 14:53:00 +0000

publishDate2 Jan 26, 2021 2:53:00 PM

publishDate3 January 26, 2021

  • Media
  • Press Releases
  • Press Releases 2021
CEMEX supplies materials for the largest maintenance airport in Europe

January 26, 2021

  • Teruel is the airport with most aircraft grounded in Europe.

CEMEX, S.A.B. de C.V. ("CEMEX") (NYSE: CX) announced today that it has supplied the necessary cement and concrete for the Teruel Airport Platform (PLATA), the largest Maintenance, Repair, and Operations (MRO) airport in Europe.

This infrastructure project, located in Teruel, Aragon, Spain, currently covers 340 hectares and can simultaneously park more than 250 aircraft. CEMEX supplied approximately 30,000 tons of cement, required to produce 100,000 cubic meters of concrete to build two new hangars, the expansion of the parking platform, a runway of almost 3 kilometers, an industrial zone, terminals, among other facilities. CEMEX supplied the materials in different phases of the construction of the airport. The airport's current expansion phase requires approximately 40,000 additional cubic meters of concrete, allocated to various facility components.


"Since the beginning of the Teruel Airport project more than a decade ago, CEMEX has been present in its construction and continuous expansion. We are proud to have contributed to this infrastructure, becoming an engine of economic recovery," said Sergio Menéndez, President of CEMEX Europe, Middle East, Africa, and Asia.

"Strong infrastructure growth is foreseen in the 2020-23 strategic plan with investments of more than 30 million euros in new hangars, platform, field pavements, and logistics warehouses. These facilities require a relevant use of concrete in our ongoing works and those that we are projecting," said Alejandro Ibrahim, General Director of Teruel Airport.


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. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.


CONTACT INFORMATION

Media Relations

Jorge Pérez

+52 (81) 8259-6666

jorgeluis.perez@cemex.com

Investor Relations

Lucy Rodríguez

+1 (212) 317-6007

ir@cemex.com

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