Cement News tagged under: Cemex
CEMEX Europe makes strong progress with EPD certificate roll-out28 November 2023, Published under Cement NewsGlobal building materials supplier CEMEX is proud to announce that it will soon have obtained Type III Environmental Product Declaration (EPD) certificates for the cements it produces across its European network of cement plants. CEMEX ’s Future in Action climate action strategy is backed with science-based targets, aligned to the 1.5˚C scenario, and using EPD certificates is an efficient and transparent way to publish significant progress and clear industry leadership. EPDs have been publ... |
CEMEX supplies Vertua to Puerto Vallarta airport24 November 2023, Published under Cement NewsCEMEX is supplying its Vertua lower-carbon concrete for the construction of Terminal 2 at Puerto Vallarta’s International Airport, Mexico, which aims to be one of the most sustainable terminal buildings in Latin America. The 68,000m 2 new terminal is planning to be one of the most efficient in terms of sustainability, with the aim of obtaining LEED certification and minimising the carbon emissions associated with the construction process. CEMEX is contributing over 85,000m 3 of Vertua... |
CEMEX Ventures invests in digital solution23 November 2023, Published under Cement NewsCEMEX Ventures, CEMEX's corporate venture capital (CVC) and open innovation unit, has announced its investment in Vizcab, a French start-up whose digital platform enables different developers and architecture, engineering and construction (AEC) stakeholders to assess and work towards reducing CO 2 emissions across the construction value chain. Assessing and working towards lower embodied carbon in the construction materials industry can contribute to reducing the impact of climate ... |
CEMEX Espana to consider next step after EUR456 tax fine22 November 2023, Published under Cement NewsCEMEX has announced that its subsidiary, CEMEX España, will pay approximately EUR456m in fines as a result of a tax audit in Spain that commenced in July 2011 and covered the years 2006-09. According to a company press release, the tax authorities questioned some of the tax losses that Cemex España reported during those years. These losses were not used by Cemex España and have not been shown in its financial statements since 2012. CEMEX evaluating next steps According to the compa... |
CEMEX and FREE to develop new solar power project17 November 2023, Published under Cement NewsCEMEX Philippines has signed an agreement with Filinvest-ENGIE Renewable Energy Enterprise, Inc (FREE) for a 10.08MW solar project at CEMEX’s cement plant in Naga City , Cebu. The project, which will be a ground-mounted solar system, is expected to avoid 10,000Mt of CO 2 each year, reports BusinessWorld. “This solar energy partnership is another milestone under CEMEXs Future in Action program, as we progress closer to our goal of reducing Scope 2 emissions, coming from electricity so... |
CEMEX supplies Vertua to Dubai tower09 November 2023, Published under Cement NewsCEMEX is supplying its Vertua lower-carbon concrete for the Cavalli Tower, a 70-storey luxury residential building set to become a landmark in Dubai Marina. The tower will feature interior design by the Italian fashion designer Roberto Cavalli and architectural design by the award-winning architect Shaun Khila. CEMEX provided Vertua lower-carbon concrete with a carbon footprint approximately 35 per cent lower than traditional concretes for this building. “Thanks to our experience in p... |
CEMEX refinances US$3bn syndicated credit agreement01 November 2023, Published under Cement NewsCEMEX has successfully refinanced its US$3bn syndicated credit agreement, extending the maturity to 2028. The refinanced credit agreement consists of a US$1bn five-year amortising term loan, and a US$2bn five-year committed revolving credit gacility. This represents a reduction of US$500m in the term loan and an increase of US$250m in the revolver from the prior facility. The signing of the credit agreement is an integral part of a comprehensive financing plan designed to increase liquidit... |
CEMEX reports 32% jump in EBITDA in 3Q2327 October 2023, Published under Cement NewsCEMEX has reported nine per cent YoY growth in sales for the third quarter of 2023. EBITDA over the same period advanced by 32 per cent, while the EBITDA margin expanded by 3.5 percentage points to 19.9 per cent. For the first time since the launch of CEMEX’s pricing strategy in 2021, designed to regain profitability after a surge in input cost inflation, quarterly EBITDA margin exceeded its goal of recovering 2021 margins, according to the company. Free cash flow after maintenance cap... |
CEMEX utilises by-pass dust for agricultural use26 October 2023, Published under Cement NewsCEMEX and waste management company Silverwoods are utilising by-pass dust (BPD) from the CEMEX Rugby cement plant for agricultural purposes, supporting the circular economy. Since 2015 nearly 130,000t of BPD have been recovered through the partnership. BPD is ideal for use on farmland due to its high potassium and lime content, meaning it can provide a direct sustainable replacement for traditional fertilisers and lime. Additionally, by re-using BPD, CEMEX has been able to dramatically ... |
CEMEX supplies Vertua to world's 10th-largest football stadium23 October 2023, Published under Cement NewsCEMEX has supplied its Vertua water-permeable concrete for the renovation of the University of Alabama’s Bryant-Denny Football Stadium, the 10th-largest stadium in the world and home to the 18-times national champion Crimson Tide football team. The use of permeable concrete benefits the stadium’s natural grass field in two key ways: it keeps the playing field from flooding, and it allows for rainwater to be collected and used for its irrigation system, making its maintenance more sust... |