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Mucinno Holding, Inc. negotiates contract with CEMEX, S.A.B. de C.V.

Mucinno Holding is pleased to announce that it is negotiating a contract with CEMEX to supply silica sand and provide transport services. It is agreed to keep supplying the multiple concrete plants located in the center region of Mexico with 75,000 tons of silica sand annually. The strategic location of the mine is a beneficial factor for the company since it eliminates the competition in the region.

The sand we are providing in this contract is recycled sand, it means that it is collected from foundry residuals. These residuals are presented in foundry molds that are revalued and processed to have a high-quality raw material as a result. This process reduces the negative impact on the environment and on the community´s health.

Edgar Mucino Castillo, CEO of Mucinno Holding said: “We will be pleased to formalize the supply with a contract, especially with a world class company such as CEMEX.”

About CEMEX, S.A.B. de C.V.

To learn more about CEMEX, visit: About Mucinno Holding, Inc.

To learn more about Mucinno Holding, Inc. visit: Shareholder Notice

We continue to be leaders in the production and sales of recycled silica sand, a market in which we have no competition.

To contact us please write to , we will be happy to hear from you.

Forward-looking statements

 

 

Company Contact

www.mcno.com.mx


Mucinno Holding, Inc, Introductory Statement

 

First of all, we want to thank you for the patience you have had. In this introductory statement we seek to share the current situation and the future that we have planned with our different projects.

In PMV we are currently operating two own silica sand mines, located in the center and in the southeast of Mexico, from these points we supply to our clients dedicated to the cement industry, and we integrate our product into their production chain which they use as raw material to produce cement. Our service ranges from the exploitation, selection of materials, storage and transport with our own equipment. Our vehicle fleet started in 2021 with 6 units and as of today it is made up of a total of 25 units, with the need to continue with new acquisitions thanks to current and future market demand. In addition to supplying silica sand, we also offer to our clients: freight services, transporting their aggregates and forming circuits to obtain a greater profitability.

Edgar Mucino Castillo, CEO of Mucinno Holding said, "We are pleased to have concluded the restructuring process of the company, alongside with the acquisition of the second mine that has set the company to grow at a steady pace. This has allowed the company to extend the fleet and the supply capacity to fulfill a growing demand."

About Mucinno Holding, Inc.

 

Forward-looking statements

This press release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those laws. These forward-looking statements are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond our control and are not guarantees of future performance. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in any such forward-looking statements and any such difference may be caused by risk factors listed from time to time in the Company's news releases and/or its filings with the OTC Bulletin Board or as a result of other factors.


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