Cement News tagged under: Cemex
CEMEX acquires two Spanish quarries31 August 2023, Published under Cement NewsCEMEX is strengthening its aggregates supply in Europe with the purchase of two quarries near Madrid as part of its strategic bolt-on acquisition strategy. Madrid and its surrounding areas are currently undergoing major urban expansion. Through this acquisition, CEMEX is better positioned to serve customers in the area, particularly for infrastructure projects, says the company. The deal strengthens CEMEX’s limestone reserves and includes all necessary elements for CEMEX to provide a be... |
CEMEX updates sustainability-linked Financing Framework15 August 2023, Published under Cement NewsCEMEX has updated its sustainability-linked Financing Framework to align with its more ambitious 2030 decarbonisation targets, announced on November 2022 and validated by the Science-Based Targets initiative (SBTi) for alignment under its 1.5°C scenario. CEMEX’s framework, first issued in 2021, aligns the company's financing strategy with its corporate sustainability commitments. The framework establishes CEMEX’s guiding principles when issuing new sustainability-linked financing instr... |
CEMEX signs waste agreement in Dominican Republic10 August 2023, Published under Cement NewsCEMEX ’s circular waste management business, Regenera, and DP World, a global leader in supply chain solutions, have signed an agreement for circular waste management solutions in the Dominican Republic. Under the agreement, Regenera will convert used tyres from DP World Dominicana’s logistics operations into a substitute for fossil fuels, thereby avoiding landfilling and the associated methane emissions. After exhausting all avenues for waste circularity (reduction, reuse, and recycling... |
Keeping cement moving sustainably08 August 2023, Published under Cement NewsAs supply chain sustainability becomes a key priority for organisations, CEMEX is committed to investing in innovative heavy-duty transport solutions. Dave Hart, supply chain director of CEMEX UK and France, explains how the company looks to maximise efficiency while minimising the environmental footprint of its modes of transportation with a multi-pronged approach across rail, road and river. By Dave Hart, CEMEX UK. CEMEX UK has worked hard over the last 12 months to make improvement... |
Solar kiln scaled to industrially-viable levels07 August 2023, Published under Cement NewsCEMEX and Synhelion have announced a significant milestone to develop fully solar-driven cement production by scaling their technology to industrially-viable levels. This includes the continuous production of clinker, the most energy-intensive part of cement manufacturing, using only solar heat. At the beginning of 2022, the companies announced the first-ever successful production of solar clinker in a small-scale batch process pilot. Advancing from that stage to production under pla... |
CEMEX and Ecocem start concrete trials at Heathrow Airport04 August 2023, Published under Cement NewsCEMEX is partnering Heathrow Airport and Ecocem on a trial to explore the viability of lower-carbon concrete at the site. Following a series of lab and plant trials, the trial has been designed to test the concrete’s durability and longevity in a true to life airport setting. Initially two lower carbon solutions will be tested: a Pavement Quality Concrete (PQC) equivalent mix containing 50 per cent GGBS, and a zero-clinker product. The lower carbon concrete will be trialled at t... |
CEMEX grows sales by 10% in 2Q2328 July 2023, Published under Cement NewsCEMEX has reported its 2Q23 results with a 10 per cent growth in sales to US$4566m, a 29 per cent increase in operating EBITDA to US$961m, and an EBITDA margin expanding by 3.3 percentage points to 21.1 per cent. With these results, CEMEX is close to its goal of recovering 2021 margins, set in 2022 in response to unprecedented inflation. Net sales in Mexico increased 14 per cent in the 2Q23 to US$1298m, while operating EBITDA increased nine per cent to US$399m. EBITDA margin declined 1... |
InterCement assets in Brazil and Argentina are on other players' radar21 July 2023, Published under Cement NewsAccording to Valor, InterCement assets are being valued by local and global players. The operations of Loma Negra, Argentina, are being looked at by CEMEX , Pacasmayo and Argos . Loma Negra has nine plants and 45 per cent of the market. According to Valor, the Brazilian operation could raise the interest of Buzzi, Vicat, Votorantim, CSN, Titan and Mizu. However, no official comment has been made from the parties in the article. In Brazil InterCement has a total production c... |
CEMEX celebrates 25 years of Patrimonio Hoy20 July 2023, Published under Cement NewsPatrimonio Hoy, the flagship of CEMEX ’s social impact strategy, celebrated 25 years of transforming people's lives on 19 July, 2023. Launched in Mexico in 1998, the programme aims to provide access to “dignified, resilient housing” by offering expert building advice, access to micro financing, and building materials. By the end of 2022, the Patrimonio Hoy programme had benefitted 650,000 families, representing over 3m people. According to the company, it was “born from a deep understan... |
CEMEX participates in UK Government’s Net Zero Council Meeting12 July 2023, Published under Cement NewsCEMEX represented the cement and concrete sector at the latest meeting of the UK Government's high-level Net Zero Council, which took place at Artillery House in Whitehall on 10 July 2023. This group brings together government ministers, the investment community and real-economy company representatives from a range of sectors, to look at industry roadmaps to net zero and how to deliver them. Lex Russell, MD of CEMEX UK 's Materials business, is a member of the council, which is co-chai... |