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About Us - Press Release - CEMEX supplies concrete for largest infrastructure project in Malaysia

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angle-left About Us - Press Release - CEMEX supplies concrete for largest infrastructure project in Malaysia

publishDate1 Mon, 16 Dec 2013 19:23:00 +0000

publishDate2 Dec 16, 2013 7:23:00 PM

publishDate3 December 16, 2013

  • Media
  • Press Releases
  • Press Releases
CEMEX supplies concrete for largest infrastructure project in Malaysia

December 16, 2013


CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that it is part of a consortium providing over 550,000 m³ of ready-mix concrete for the first phase of what will be Malaysia’s largest infrastructure project, the Klang Valley Mass Rapid Transit (MRT) system. The first line of the project is the Sungai Buloh – Kajang Line, comprising 31 stations, including 7 underground stations covering a span of 51km across the heart of Kuala Lumpur.

The Klang Valley MRT project is designed to ease public mobility in the Klang Valley region which is expected to see its population substantially grow during the next 7 years. The Government of Malaysia expects to create approximately 130,000 jobs in relation to the MRT’s construction project, and to bring in US$1 – 1.5 Billion annually in Gross National Income every year until 2020.

“We are honored to play a pivotal role in the largest public infrastructure project in Malaysia, a country where construction is crucial to its economic growth,” says Fikry Kaissouni, President of CEMEX in Malaysia. “The strategic distribution of our ready-mix concrete plants and our high standards of quality positioned us very well to provide materials for this project.”

CEMEX is working together with its customer, MMC-Gamuda KVMRT (T) Sdn Bhd, to overcome the challenging aspects of underground construction by providing consistently high-quality products and a reliable delivery service. CEMEX Malaysia was the first supplier to contribute a total of 90,000 m³ worth of ready-mix concrete to complete the foundations for six of the seven underground stations: KL Sentral, Cochrane, Merdeka, Pasar Seni, Pasar Rakyat and Maluri stations.

CEMEX is supplying high-durability, flowing concrete, which minimizes defects in the structures and allows for workability 39 meters deep. In addition, the concrete is specifically designed to meet the temperature-control requirements of the Malaysian climate, and low-water permeability needed by underground substructures. For the past several months, CEMEX provided 24-hour service, increased field technicians on-site by more than 150% and ensured dedicated truck delivery service to these stations.

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.

###

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, among others, changes in general economic, political, governmental and business conditions globally and in the countries in which CEMEX does business, changes in interest rates, changes in inflation rates, changes in exchange rates, the level of construction generally, changes in cement demand and prices, changes in raw material and energy prices, changes in business strategy, and various other factors. 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 Contact Information

Media Relations
Jorge Pérez
+52 (81) 8888-4334
mr@cemex.com

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Eduardo Rendón
+52 (81) 8888-4256
ir@cemex.com

Analyst Relations
Luis Garza
+52 (81) 8888-4136
ir@cemex.com

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