MONTERREY, MEXICO, March 2, 2012 - CEMEX, S.A.B. de C.V. ("CEMEX") (NYSE: CX), announced today that it has entered into an agreement with Noble Group to collaborate in biodiversity and conservation efforts at El Carmen, a private trans-boundary nature reserve along the border between Mexico and the United States considered one of the five great wilderness ecosystems of the world.
CEMEX and Noble have agreed to cooperate in habitat conservation, restoration and enhancement, as well as scientific work, wildlife management programs, and any other activities that benefit El Carmen. As part of the agreement, both parties will contribute to the operating and management costs of the reserve during the next five years, these costs are not expected to be substantial.
El Carmen, encompassing nearly 200,000 hectares, is home to more than 500 species of plants, over 200 species of birds, 80 species of mammals, and 65 species of reptiles and amphibians. Among other conservation efforts, four species of mammals have been reintroduced to the area and over 10,000 hectares of grasslands have been restored.
CEMEX has a longstanding commitment to integrating sustainability into all aspects of its worldwide business. The company works diligently to responsibly manage the land within and around its operations to protect biodiversity and maximize its contribution to nature conservation. The conservation of biodiversity plays a key role in CEMEX's long term strategy for resource management, CEMEX has partnered with leading NGOs worldwide to address these challenges.
CEMEX is a global building materials company that provides high-quality products and reliable service to customers and communities in more than 50 countries throughout the world. CEMEX has a rich history of improving the well-being of those it serves through its efforts to pursue innovative industry solutions and efficiency advancements and to promote a sustainable future.
Noble is a member of the UN Global Compact, a protocol that governs a company's entire approach to how it operates and the Carbon Disclosure Project as well as participating in a whole range of initiatives to improve the communities within which it operates globally.
Noble Group (SGX: N21) manages the global supply chain of agricultural and energy products, metals andNoble Group (SGX: N21) manages the global supply chain of agricultural and energy products, metals and minerals. Noble operates from over 120 offices in 40 countries, employing approximately 80 nationalities. Noble manages a diversified portfolio of essential raw materials, integrating the sourcing, marketing, processing, financing and transportation.
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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 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.