Cement News tagged under: Cemex
Cemex Ventures invests in PartRunner04 March 2022, Published under Cement NewsCemex Ventures has announced its investment in PartRunner, an on-demand delivery platform for the construction and industrial sectors. This transaction is part of Cemex´s strategy to invest in innovative construction start-ups to drive the construction industry revolution. This investment addresses a critical industry pain point of a complicated supply chain, particularly for small and medium-sized projects. This investment aims to offer a last-mile, last-minute delivery solution to Ce... |
Cemex joins Corporate Leaders Group Europe01 March 2022, Published under Cement NewsCemex has joined the Corporate Leaders Group Europe, convened by the Cambridge Institute for Sustainability Leadership in support of a climate neutral economy. The company aims to deliver to all customers globally net-zero concrete by 2050 as part of its Future in Action strategy and is the first in the sector to set a target of at least 55 per cent CO 2 reduction by 2030 in its European operations. Sergio Menendez, president for Cemex Europe, Middle East & Africa region said: "W... |
Cemex makes corporate governance changes28 February 2022, Published under Cement NewsContinuing its longstanding commitment to develop its corporate governance towards global best practices, Cemex has announced a series of significant corporate governance changes. Beginning with Cemex’s ordinary general shareholders meeting scheduled to be held on 24 March 2022, each director candidate will stand for election on an individual basis, meaning that voting at the meeting will no longer be on a ‘group slate’ basis. Additionally, as part of the company’s ongoing focus on e... |
Cemex USA introduces Portland limestone cements to southeast US plants25 February 2022, Published under Cement NewsCemex USA has announced as part of its efforts to cut CO 2 emissions, the company has successfully introduced environmentally friendly Portland limestone cement (PLC) manufactured at its plants in Brooksville , Florida, and Demopolis , Alabama, across the southeastern United States. Cemex USA increased production of Portland limestone cement at its Brooksville and Demopolis plants over the last year, and currently, the low-carbon building material accounts for more than 50 and mor... |
Cemex to introduce electric ready-mix trucks16 February 2022, Published under Cement NewsCemex has announced that it is the first building materials company to complete a large-scale, multi-country pilot using fully electric ready-mix concrete trucks. In 2021 Cemex joined the First Movers Coalition (FMC) and committed to accelerate the innovation and development of decarbonisation technologies in heavy-duty on-road trucking services. An initial, successful trial was carried out in Germany, followed by a further trial in France that was also a success. Cemex expects to gr... |
Solid Cement advances US$323m expansion15 February 2022, Published under Cement NewsPhilippines-based Solid Cement Corp , part of Cemex Holding Philippines, will finally move forward with its long-delayed capacity expansion despite the rise in cost from US$235m to US$323m. The project will see the construction and installation of a new 1.5Mta integrated production line at the plant’s Antipolo City plant in Rizal. Principal contractors to the project will be Atlantic Gulf and Pacific Co of Manila Inc and Betonbau Philippines Inc. The plant is scheduled to come online i... |
Cemex reports double-digit EBITDA growth in FY2111 February 2022, Published under Cement NewsCemex announced strong results for the FY21 with double-digit EBITDA growth, the highest in more than a decade, coupled with a similar increase in sales, driven by higher volumes and robust pricing in all core products in all regions. EBITDA margin increased 0.8 percentage points in the year, despite headwinds in energy and import costs. CO 2 emissions declined 4.4 percentage points, the largest annual decline the company has ever achieved. Net sales increased 14 per cent to US$14... |
Cemex signs up companies to its Working Smarter digitalisation program10 February 2022, Published under Cement NewsCemex has signed separate multi-year contracts that range from five to seven years totalling US$500m with six leading service providers under its Working Smarter digital transformation initiative. The partners are active in the fields of finance and accounting, information technology, and human resources, replacing current expenditures with the new suppliers’ services at an optimised cost, effectively continuing to reduce the company’s operating expenses. The initiative brings all wo... |
Caribbean Cement to launch Vertua-certified cement07 February 2022, Published under Cement NewsCemex -owned Caribbean Cement Co will be launching its newly co-branded Vertua-certified cement to support the reduction in carbon emissions by 40 per cent by 2030. “Vertua is a brand that CEMEX worldwide has selected to put on all the low-carbon cement — it's an umbrella, it's a branding. We have a product that has already qualified as Vertua. Every bag you see out there that carries Carib Cement or Carib Cement plus is a low-carbon product,” said the company’s Managing Director, Yago ... |
Cemex and Synhelion achieve solar clinker production04 February 2022, Published under Cement NewsCemex and Synhelion have announced the successful production of solar clinker, the key component of cement, a significant step towards developing fully solar-driven cement plants. "The production of the first solar clinker is an exciting milestone for this transformational technology. It is proof of our commitment to deliver tangible outcomes through innovation to achieve our goal of delivering only net-zero CO 2 concrete by 2050," said Fernando A. Gonzalez, CEO of Cemex. "Cemex is ... |