Cement News tagged under: Cemex
CEMEX to add a new tertiary mill at Alicante23 February 2024, Published under Cement NewsCEMEX's plant in Alicante in Spain embarks on a significant environmental initiative, launching a new tertiary mill project, "Molentis," with a EUR6m investment aimed at reducing CO 2 emissions. The "Molentis" project, part of CEMEX 's "Future in Action" decarbonisation strategy, is scheduled to commence operations in the 1Q25, this initiative is supported by a EUR4.4m grant from the Ministry of Industry, Energy and Tourism's Innovation and Sustainability Plan in the Manufacturing Ind... |
CEMEX and Orcan energy extend WHR agreement16 February 2024, Published under Cement NewsCEMEX and Orcan Energy have signed a large-scale partnership to decarbonise cement production through waste heat recovery (WHR). Building on the initial WHR collaboration at the cement plant in Rüdersdorf, Germany, the partners will now start to exploit Orcan Energy’s flexible and modular technology for CEMEX globally. CEMEX and Orcan Energy AG will analyse the scale-up of the heat-to-power solutions pioneered by Orcan Energy in parallel at several CEMEX plants to capitalise on the b... |
CEMEX secures CDP 'A' rating for environmental stewardship12 February 2024, Published under Cement NewsCEMEX has been recognised by CDP, a by the global non-profit environmental organisation, securing a place on its annual ‘A List’, for environmental leadership and transparency in climate action. Based on data reported through CDP’s 2023 Climate Change questionnaire, CEMEX is one of a small number of companies that achieved an ‘A’ out of over 21,000 companies scored. Since the launch of its Future in Action program in 2020, Cemex has reduced its CO2 emissions by 13 per cent, a reduction ... |
CEMEX reports 8% sales growth in 4Q2309 February 2024, Published under Cement NewsCEMEX has reported an eight per cent growth in sales in the 4Q23, plus a 20 per cent increase in EBITDA and a more than doubling of free cash flow (FCF) after maintenance capex to US$1.2bn. CEMEX reported an EBITDA margin of 19.2 per cent, an expansion of two percentage points, achieving its stated goal of recovering 2021 margin. Record EBITDA of approximately US$3.35bn and a turnaround in working capital investment significantly contributed to a six-year high in FCF after maintenance c... |
CEMEX UK tackles shipping emissions09 February 2024, Published under Cement NewsWork will begin in April this year on a new demonstrator of a smart shore power system at CEMEX ’s wharf in Shoreham, UK. Working in partnership with University of Warwick and advanced system integrator, iconsys, CEMEX is developing an intelligently-managed shore power system demonstrator, specifically tailored to understand fluctuations in electricity demand of self-discharging commercial vessels. The UK Department of Transport has awarded the project a grant of nearly GBP1.7m (US$2.15m... |
CEMEX supports EC's Carbon Management Strategy08 February 2024, Published under Cement NewsThe European Commission has presented its Carbon Management Strategy in an announcement this week that details the EU’s policy approach to industrial carbon management for the coming decades. CEMEX firmly welcomes this outline of upcoming initiatives and policies, and stands ready to support the European institutions in the design and implementation of the announced actions. In line with the EU's 'Fit for 55' aspirations, CEMEX has already reduced the CO 2 intensity in its European cemen... |
Enhancing productivity dominates construction start-ups, reports CEMEX26 January 2024, Published under Cement NewsCEMEX Ventures, the corporate venture capital and open innovation unit of CEMEX, has released its list of the most promising construction technology (Contech) start-ups of 2024. The list reveals the most disruptive start-ups that are redefining the construction industry according to the corporate venture capital’s four strategic focus areas: green construction (sustainability), enhanced productivity (efficiency), construction supply chain (agility), and future of construction (disruption).... |
CEMEX joins CCS+ Initiative19 January 2024, Published under Cement NewsCEMEX is the first company in the cement industry to join the CCS+ Initiative, a multi-stakeholder platform developing a comprehensive carbon accounting framework for certifying industrial carbon projects. This framework aims to encompass solutions for carbon capture, utilisation, storage, and removal, contributing to the decarbonisation of industrial value chains. The CCS+ Initiative aims to scale cutting-edge climate technologies by developing a robust carbon accounting infrastructure ... |
Rugby Cement hosts UK Minister for energy efficiency17 January 2024, Published under Cement NewsLord Callanan, the UK Minister for Energy Efficiency and Green Finance, visited the Rugby cement works in Warwickshire on the 12 January to gain an insight into the actions needed to decarbonise the UK’s ‘dispersed’ cement plants. The Mineral Products Association (MPA) and CEMEX Rugby cement works , hosted the visit to highlight the challenges and opportunities for decarbonising dispersed plants like Rugby, which are located too far from other large production plants to be included in ... |
CEMEX reopens Czech concrete plant11 January 2024, Published under Cement NewsCEMEX has reopened a concrete plant that forms a key part of its portfolio in the Czech Republic, following a comprehensive development programme. The original concrete plant, located in Prague-Libuš, was opened in the late 1990s and was closed in 2018 to undergo necessary reconstruction. It has been completely renovated. The site can now process five types of cements and admixtures, including CEMEX’s more sustainable range of Vertua® concretes, and is also prepared for the use of recyc... |