Cement News tagged under: Cemex

RSS feed

Mission Possible reports says CCUS is falling short

05 December 2023, Published under Cement News

Ten of the world’s largest cement and concrete companies, including Heidelberg Materials , CEMEX and Holcim , have joined architects, engineers and construction firms in a collective acknowledgement for action, known as Mission Possible Partnership (MPP). MPP has developed a new strategy with industry input that sets out milestones and commitments needed by government, industry and investors over the next 25 years to make net zero emissions in concrete and cement a reality. The strategy,...

CEMEX welcomes BS 8500 concrete standard

04 December 2023, Published under Cement News

CEMEX has welcomed the introduction of the newly revised standard for concrete, BS 8500, with a two-day CEMEX UK ReadyMix Commercial Conference for key stakeholders across the CEMEX UK operation.  The introduction of the new standard represents a significant advancement for the UK construction industry, to provide even greater options for concrete and cement manufacture, in the critical area of reducing the embodied carbon.   Richard Boult, commercial technical manager for cement, CEMEX ...

GCCA releases its Cement Industry Net Zero Progress Report 2023

04 December 2023, Published under Cement News

The Global Cement & Concrete Association (GCCA) has released its Cement Industry Net Zero Progress Report 2023 providing an update on global action and progress by the GCCA and its member companies. Initiatives featured include development of carbon capture, utilisation and storage (CCUS), increasing use of alternative energy sources and research into new materials and technology. The new report comes two years after the launch of its Concrete Future 2050 Roadmap for Net Zero Concrete.  F...

CEMEX Europe makes strong progress with EPD certificate roll-out

28 November 2023, Published under Cement News

Global building materials supplier CEMEX is proud to announce that it will soon have obtained Type III Environmental Product Declaration (EPD) certificates for the cements it produces across its European network of cement plants. CEMEX ’s Future in Action climate action strategy is backed with science-based targets, aligned to the 1.5˚C scenario, and using EPD certificates is an efficient and transparent way to publish significant progress and clear industry leadership. EPDs have been publ...

CEMEX supplies Vertua to Puerto Vallarta airport

24 November 2023, Published under Cement News

CEMEX is supplying its Vertua lower-carbon concrete for the construction of Terminal 2 at Puerto Vallarta’s International Airport, Mexico, which aims to be one of the most sustainable terminal buildings in Latin America. The 68,000m 2 new terminal is planning to be one of the most efficient in terms of sustainability, with the aim of obtaining LEED certification and minimising the carbon emissions associated with the construction process. CEMEX is contributing over 85,000m 3 of Vertua...

CEMEX Ventures invests in digital solution

23 November 2023, Published under Cement News

CEMEX Ventures, CEMEX's corporate venture capital (CVC) and open innovation unit, has announced its investment in Vizcab, a French start-up whose digital platform enables different developers and architecture, engineering and construction (AEC) stakeholders to assess and work towards reducing CO 2 emissions across the construction value chain.     Assessing and working towards lower embodied carbon in the construction materials industry can contribute to reducing the impact of climate ...

CEMEX Espana to consider next step after EUR456 tax fine

22 November 2023, Published under Cement News

CEMEX has announced that its subsidiary, CEMEX España, will pay approximately EUR456m in fines as a result of a tax audit in Spain that commenced in July 2011 and covered the years 2006-09. According to a company press release, the tax authorities questioned some of the tax losses that Cemex España reported during those years. These losses were not used by Cemex España and have not been shown in its financial statements since 2012.  CEMEX evaluating next steps According to the compa...

CEMEX and FREE to develop new solar power project

17 November 2023, Published under Cement News

CEMEX Philippines has signed an agreement with Filinvest-ENGIE Renewable Energy Enterprise, Inc (FREE) for a 10.08MW solar project at CEMEX’s cement plant in Naga City , Cebu. The project, which will be a ground-mounted solar system, is expected to avoid 10,000Mt of CO 2 each year, reports BusinessWorld.  “This solar energy partnership is another milestone under CEMEXs Future in Action program, as we progress closer to our goal of reducing Scope 2 emissions, coming from electricity so...

CEMEX supplies Vertua to Dubai tower

09 November 2023, Published under Cement News

CEMEX is supplying its Vertua lower-carbon concrete for the Cavalli Tower, a 70-storey luxury residential building set to become a landmark in Dubai Marina. The tower will feature interior design by the Italian fashion designer Roberto Cavalli and architectural design by the award-winning architect Shaun Khila. CEMEX provided Vertua lower-carbon concrete with a carbon footprint approximately 35 per cent lower than traditional concretes for this building.  “Thanks to our experience in p...

CEMEX refinances US$3bn syndicated credit agreement

01 November 2023, Published under Cement News

CEMEX has successfully refinanced its US$3bn syndicated credit agreement, extending the maturity to 2028. The refinanced credit agreement consists of a US$1bn five-year amortising term loan, and a US$2bn five-year committed revolving credit gacility. This represents a reduction of US$500m in the term loan and an increase of US$250m in the revolver from the prior facility. The signing of the credit agreement is an integral part of a comprehensive financing plan designed to increase liquidit...