December 14, 2016

CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that its subsidiary, CEMEX Latam Holdings, S.A. ("CLH") (BVC: CLH), has served as one of the main concrete suppliers for several of the tallest skyscrapers in Panama. Delivering more than 3 million cubic meters of concrete over the past five years, CLH is an active contributor to the development of one of the fastest growing cities in Latin America.

The company’s building materials are present in emblematic buildings across the Panamanian landscape, including Vitri Tower, Ocean Two, Yoo & Arts Tower, Pearl at the Sea, and Star Bay Tower—all of which are residential and office buildings that rise to a height of more than 240 meters. CLH delivered a comprehensive offering of products, services, and solutions for foundations, structures, and loads, and supplied tailor-made concretes designed to suit the needs of these great buildings.

The company’s versatile solutions are exemplified by the 281-meter high Vitri Tower, the second tallest building in the country. For its construction, CLH supplied several high-strength and self-compacting concretes whose mixes were adjusted from a height of 130 meters in order to obtain better workability and increased plasticity during pouring.

The Star Bay Tower also posed a distinctive challenge. Due to the dimensions of this building, with 70 floors rising over 260 meters high, the walls had to be designed with steel and high slump concrete. The concrete’s resistance was modified according to the height of the tower, resulting in a structural design beyond traditional construction parameters for buildings of this magnitude. For its foundation, it required a total volume of 4,000 cubic meters supplied in three massive pourings.

“Our participation in such high-scale projects offers another example of our commitment to build a better future through strong, long-lasting infrastructure,” said Andres Jimenez, President of CLH in Panama. “These skyscrapers afford further proof of Panama’s social and economic development, for which the company is proud to play an important part.”

CLH has contributed to several other major Panamanian skyscrapers, including:

• The Point, a 67-story residential building, 266 meters high
• Towerbank Financial Center, a 57-floor office skyscraper, 255 meters tall
• Rivage, a 68-floor residential tower, over 230 meters high
• Waters on Bay, a 69-floor residential high-rise, 232 meters tall
• F&F Tower, a 52-floor office skyscraper, 242 meters high.

CEMEX is a global building materials company that provides high quality products and reliable service to customers and communities in more than 50 countries. Celebrating its 110th anniversary, 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.

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