Cement News tagged under: Cemex
CEMEX sets "most ambitious" decarbonisation goals in the industry17 November 2022, Published under Cement NewsCEMEX has a “promising medium term outlook”, according to Fernando A González, chief executive officer. Speaking at the company’s 2022 CEMEX Day on 16 November, Mr González said the markets in which the company operates are seeing strong demographics and urbanisation trends, along with “pressing needs for more resilient and sustainable infrastructure, buildings and homes”. With 10Mta of cement capacity additions in the pipeline, 4.4Mta of which is being rolled out in 2022-23 in Mexico, ... |
CEMEX UK supports Capital Hydrogen16 November 2022, Published under Cement NewsCEMEX UK has pledged its support of Capital Hydrogen, a partnership between Cadent, SGN and National Grid Gas Transmission, which plans to deliver a transition to low carbon hydrogen for gas networks in the East of England, South East and London. As part of its participation, CEMEX has committed to working with Capital Hydrogen to assess the feasibility of implementing hydrogen powered equipment and vehicles at its sites in London and give due consideration to decarbonisation opportunit... |
Taking a different route14 November 2022, Published under Cement NewsA modal shift in the transport of raw materials and finished product alike can bring significant benefits in terms of reducing greenhouse gas emissions for cement producers. CEMEX explains how and why it is in part leaving the roads in favour of rail and water. By Matt Wild, CEMEX EMEA, UK. Through a modal shift from trucks to rail CEMEX is able to take many trucks off the road and significantly reduce its CO 2 emissions When cement manufacturers and other companies in the c... |
CEMEX validates its new 2030 decarbonisation goals11 November 2022, Published under Cement NewsCEMEX has validated its 2030 decarbonisation goals through the Science Based Targets initiative (SBTi) for alignment under their new 1.5ºC scenario, the most ambitious pathway defined for the industry. The company now has 2030 scope 1 goals of 47 per cent less of CO 2 per tonne of cementitious material than its 1990 baseline and 35 per cent less of carbon content in concrete. For scope 2 goals, by 2030 Cemex is targeting 65 per cent in clean electricity consumption . Th... |
CEMEX's net sales grow 13% in 3Q2231 October 2022, Published under Cement NewsCEMEX announced continued solid top line growth in the 3Q22. Net sales grew by 13 per cent to US$3,956m while net income of reached US$494m. Pricing was the main driver with cement, ready-mix and aggregates, increasing by double digits. “Our pricing achievements this year have allowed us to more than offset inflationary costs in dollar terms, but stubbornly high inflation and supply chain headwinds have delayed our ability to regain margins. We are fully committed to margin recovery an... |
CEMEX Colombia and BBVA form Vertua customer alliance14 October 2022, Published under Cement NewsCEMEX Colombia and BBVA in Colombia have formed an alliance that will allow the company's customers to access a sustainable line of credit with the bank to extend the payment term of their Vertua cement invoices. Vertua cement may reduce CO 2 emissions by up to 45 per cent compared to traditional cement. The bank has become a strategic ally for CEMEX in designing a financial product that makes it possible for its clients to benefit from the payment of their Vertua cement bills... |
CEMEX affiliate signs Mexican recycling agreement06 October 2022, Published under Cement NewsThrough its affiliate Pro Ambiente, CEMEX will work with Tetra Pak and the government of the Mexican city of Querétaro to recycle over 1.5m beverage cartons per month. Pro Ambiente, through its Broquers Ambiental facility, processes nearly all the municipal waste generated in Querétaro, recycling approximately 4500tpm of solid residue. The waste is used as a climate-friendly fuel to power CEMEX's operations in Mexico. Thanks to this process, CO 2 emissions into the atmosphere are reduc... |
Cemex to develop lightweight concrete for windfarm platforms30 September 2022, Published under Cement NewsCEMEX has announced that it is part of a consortium that has received a grant from the European Commission to build a full-scale prototype of a floating offshore windmill with a concrete foundation. The company will design and produce a high-performance and lightweight concrete for an optimised low-carbon foundation structure for offshore windfarms. CEMEX has agreed to provide its expertise in concrete technology, chemical admixtures and special aggregates to design a specialty mix that... |
CEMEX reaffirms commitment to UN SDGs21 September 2022, Published under Cement NewsCEMEX has announced that it is reaffirming its commitment to the United Nation’s Sustainable Development Goals (SDGs), particularly those focused on climate action; sustainable cities and communities; responsible consumption and production; and industry, innovation and infrastructure. CEMEX CEO, Fernando A González, participated in a CEO roundtable hosted by UN Secretary-General António Guterres at the UN’s New York City headquarters on 19 September 2022. The roundtable included 11 CEOs... |
CEMEX sees Alicante quarry expansion approved19 September 2022, Published under Cement NewsSpain’s Ministry of Economy has extended CEMEX’ s licence to expand the Serreta Larga quarry in Alicante, Spain. The quarry supplies limestone and marl to the San Vicente del Raspeig cement plant and will now be able to operate for a further 30 years. The approval marks the end of a 12-year licence application process. The delimited perimeter of the quarry has approximately 15.5Mt of reserves with a planned extraction rate of 520,000t per year. CEMEX will have to provide guarantees of... |