CEMEX Recognizes Suppliers’ Innovation

MONTERREY, Mexico--()--CEMEX, S.A.B. de C.V. (NYSE: CX) announced today the winners of “INTEGRATE your ideas”, the company’s Global Sourcing Suppliers Innovation Program. From a pool of 22 international participants, CEMEX selected three ideas mainly for their innovation, potential financial contribution to the company’s operations, ease of implementation, and degree of scalability in different countries.

The ideas submitted by suppliers were critically examined through a two-stage assessment. First, 53 Global Procurement executives and Procurement country heads conducted an in-depth review of the concepts presented. Second, a group of 20 experts from several areas across CEMEX performed a thorough analysis of the proposed solutions.

Winning Ideas

1st Place

GE Industrial Solutions (USA)

Idea: “Electrical Products Bundle for Construrama Stores”, bundles for sale at CEMEX distribution network, including electrical products: safety switch, load centers, and breakers. The solution is presented as a complete and integrated offer for clients in one convenient place.

2nd Place

Redecam (Italy)

Idea: “Integrated Solution for CO2 Capture”, through a bag filter system with algae in saltwater that is able to treat a cement plant’s process gas when exposed to sunlight and is then transformed into ethanol, gasoline, diesel and jet fuel. This idea was developed in partnership with Algenol, a worldwide industrial biotechnology company.

3rd Place

Magnesita (Brazil)

Idea: “Zebra Stripe Linings”, a refractory arrangement that combines the elasticity of a spinel-bonded system with the high thermal load capacity and coating adhesion of a direct-bonded dolomite system to improve refractory life in a kiln’s lower thermal zone region.

“As part of CEMEX’s forward-looking business strategy, we continually strive to improve our processes through innovative ideas. By capturing our suppliers’ innovation, we identify better solutions for our customers, and strengthen our relationship with all of our stakeholders,” said Juan Romero, President of CEMEX Mexico, Global Procurement and Global R&D.

About the Winners

Industrial Solutions, a GE heritage business, provides customers across various industries with end-to-end product and service solutions that ensure the reliability and protection of the electrical infrastructure, from the power station to the end point and the sustainable power technologies in between. The company has supplied CEMEX for more than 20 years. For more information about GE Industrial Solutions, please visit: www.geindustrial.com.

For the past 30 years, Redecam has offered highly engineered air pollution control solutions for the Cement & Lime, Metals & Mining, Coal & Oil Power, Waste-to-Energy & Biomass Power, and Biomass & Pulp and Paper industries. Its solutions help customers all over the globe meet their air emission reduction targets in a rapid and cost-effective manner. The company has served as a supplier to CEMEX for over 20 years. For more information about Redecam, please visit: www.redecam.com.

Magnesita is the third-largest producer of refractory products in the world and a leader in integrated solutions with refractory products. The company relationship has served as a supplier to CEMEX since the early 90’s. For more information about Magnesita, please visit: www.magnesita.com.br.

Awards Ceremony

The “INTEGRATE your ideas” awards ceremony took place on Tuesday, September 29, at CEMEX Corporate Headquarters in Monterrey, Mexico. Attending the event were Ricardo Moreno Díaz, General Manager Mexico, Horacio Perez, Channels Director Mexico, Sergio Marines, Sales Director Mexico, and Claudia Anaya, Market Manager Mexico, Central America & Caribbean of GE Industrial Solutions; Giuliamaria Meriggi, Global Sales Director, and Clive Brown, Head of Sales Cement, of Redecam Group; and Ernesto Cantú, General Manager Mexico and Joel Filius, Sales & Technical Market Manager of Magnesita, who received the awards on behalf of their companies. Juan Romero, President of CEMEX Mexico, Global Procurement and Global R&D, and Carlos Sucre, CEMEX’s Global Procurement Director, were also present at the ceremony.

CEMEX is a global building materials company that provides high-quality products and reliable services to customers and communities in more than 50 countries. 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 about CEMEX, please visit: www.cemex.com

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This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements of CEMEX or the project herein described to be materially different from those expressed or implied in this release, including not satisfying all closing conditions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. CEMEX assumes no obligation to update or correct the information contained in this press release. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.

Contacts

CEMEX, S.A.B. de C.V.
Media Relations
Jorge Perez, +52(81) 8888-4334
mr@cemex.com
or
Investor Relations
Eduardo Rendon, +52(81) 8888-4256
ir@cemex.com
or
Analyst Relations
Lucy Rodriguez, +1-212- 317-6007
ir@cemex.com

Release Summary

CEMEX announced the winners of “INTEGRATE your ideas”, the company’s Global Sourcing Suppliers Innovation Program: GE Industrial Solutions (USA), Redecam (Italy) and Magnesita (Brazil).

Contacts

CEMEX, S.A.B. de C.V.
Media Relations
Jorge Perez, +52(81) 8888-4334
mr@cemex.com
or
Investor Relations
Eduardo Rendon, +52(81) 8888-4256
ir@cemex.com
or
Analyst Relations
Lucy Rodriguez, +1-212- 317-6007
ir@cemex.com