Building a Better Future
Partially mitigating energy volatility
460
Change in energy cost
(4Q14: base 100)
CEMEX
Building a better future
Kiln fuels -5% of COGS + Operating Exp. in 2021
YTD 1Q22
Fuel Source²
2022
Fuel price structure²
420
380
CX Energy1
Henry Hub Nat. Gas
ARA Coal
USGC Petcoke
Alternatives
33%
Alternatives
20%
Fossil fuels
Fixed
36%
340
US Appalachian Coal
Dutch TTF Gas
Petcoke 35%
21%
Coal
300
6%
5%
260
Other Nat. Gas
43%
Fossil fuels
Floating
220
180
140
Electricity - 4% of COGS + Operating Exp. in 2021
2022
Power price structure²
100
60
50%
Regulated 29%
Fixed
20
4Q14
4Q15
4Q16
4Q17
4Q18
4Q19
4Q20
1Q22
1) CX energy cost (kiln fuel and electricity) per ton of cement produced
2) Based on expected consumption of kilocalories for fuels, and consumption of megawatt hours for power
20%
Floating
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