Cement News tagged under: Mexico
Advent International partners Cemex and invests in NEORIS27 July 2022, Published under Cement NewsAdvent International is partnering with CEMEX to accelerate the growth and development of NEORIS. As a global provider of tech consultancy and digital transformation services, NEORIS will strengthen its capabilities and reach through Advent’s expertise in the space. With Advent’s support, NEORIS will deepen its focus on artificial intelligence, data science, cloud solutions, and automation, etc. These verticals are aligned with CEMEX’s priorities for its continued digital transformat... |
CEMEX Ventures invests in 3D printing company COBOD26 July 2022, Published under Cement NewsCEMEX Ventures (Cemex Group) is investing in COBOD, a global leader in construction-grade 3D printers. CEMEX and COBOD have been working together over the last year to innovate in the 3D printing space. Through this partnership, they recently introduced the first-ever 3D printing solution that utilises conventional ready-mix concrete in the building process. The solution can deliver significant savings versus traditional 3D printing construction methods and materials and has been implement... |
CEMEX completes bolt-on aggregates acquisition12 July 2022, Published under Cement NewsCEMEX has announced that it has completed the acquisition of a 53 per cent stake in German aggregates company ProStein. The investment expands CEMEX’s aggregates business in the region while increasing the lifespan of its aggregates reserves in Europe. The company’s aggregates sales in Germany are expected to double with the acquisition. ProStein’s assets include six active hardstone plants and six construction, demolition, and excavation waste (CDEW) recovery sites. This deal is part o... |
Cemex clears beach waste in Oaxaca to produce kiln fuel06 July 2022, Published under Cement NewsCemex ’s subsidiary Pro Ambiente participated in the clean-up of La Ventanilla beach, Oaxaca, aiming to reduce pollution on Mexico's coasts. The initiative also aims to ensure waste recycling and avoid generating emissions through the circular economy in this important ecotourism destination. Thanks to the support provided by local communities, the beach was selected to carry out the "United for the Mexican beaches" programme. During June, beach clean-up activities were carried ou... |
CEMEX launches green financing framework28 June 2022, Published under Cement NewsCEMEX has launched its Green Financing Framework (GFF), the first in its sector, further expanding the company’s commitment to sustainable finance and building a more sustainable world, the company announced in a press statement. The GFF enables CEMEX to issue green financing instruments aligned with the International Capital Market Association (“ICMA”) Green Bond Principles and the Loan Market Association Green Loan Principles. Under the GFF, CEMEX intends to allocate the net proceeds f... |
Cemex and Coolbrook to work on electric cement kiln18 May 2022, Published under Cement NewsCemex announced that it expects to work with Coolbrook to test their patented technology that uses electricity in place of fossil fuels in the heating process of cement production. The companies have reached a memorandum of understanding (MoU) to combine their expertise to develop optimal electric process heating solutions that can be applied in the cement manufacturing process. Coolbrook's Roto Dynamic Heater (“RDH”) technology aims to revolutionise cement production by replacing foss... |
Cemex Ventures increases its investment in Carbon Clean13 May 2022, Published under Cement NewsCemex has announced that Cemex Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean. Cemex Ventures has been an early-stage investor in Carbon Clean and used the opportunity of the latest Series C funding round to increase its investment further. "We are happy to increase our investment in Carbon Clean, recognising its significant contribution to scaling carbon capture technology and the decarbonisation of our industry. Its re... |
Cemex extends Executive Variable Compensation programme11 May 2022, Published under Cement NewsCemex has announced that it is expanding its Executive Variable Compensation programme, further reinforcing its commitment to carbon neutrality. The Executive Variable Compensation programme, which includes progress on carbon reduction goals as a variable, will now cover more than 4500 executives in key positions around the world. Starting in 2022, the CO 2 emissions component will have an impact that will range from -10 per cent to +10 per cent in the total cash payout of the Annual Exec... |
Vertua to account for majority of sales by 2025, says Cemex06 May 2022, Published under Cement NewsCemex has announced the ambitious goal of its Vertua range of low-carbon cement and concrete products accounting for more than half of all cement and concrete sales by 2025. Following their global launch in 2020, Vertua products have been widely accepted by customers worldwide, according to Cemex, with Vertua cement and concrete accounting for 34 and 31 per cent of total sales, respectively, in the 1Q22, almost double the prior year. Vertua’s cement products offer a CO 2 reduction of at... |
Hearing postponed for those arrested in Cruz Azul confrontation04 May 2022, Published under Cement NewsThe 10 people arrested for the confrontation at the Cruz Azul cement plant in Hidalgo, Mexico, on 27 April remain in custody after the lawyers of the accused obtained a postponement following two hearings to hear the case file. According to sources from the Hidalgo Attorney General's Office, one week after the events in which eight people were killed, the operation to search for more suspects in the attack on the cement plant continues, CE Noticias Financieras reported. The Hidalgo pro... |