Cement News tagged under: Cemex
CEMEX collaborates on university project in Mexico06 June 2023, Published under Cement NewsCEMEX is collaborating with Tecnológico de Monterrey, one of Latin America’s most prestigious private universities, on distritotec, a 15-year project that seeks to evolve the university’s campus into a more innovative, sustainable and inclusive space. CEMEX has already been involved in several phases of this Mexico-based project, which began in 2014, including providing lower-carbon building materials from its Vertua range of sustainable products and specialty mixes of architectural concre... |
CEMEX upgrades its UK rail network01 June 2023, Published under Cement NewsCEMEX UK has made a considerable investment into its UK rail network, making improvements at several of its depots across the UK. These developments support CEMEX’s efforts to increase the use of rail to move its materials, as part of its Future in Action sustainability strategy. Work was carried out at CEMEX’s Dove Holes, Selby and Bletchley depots, with a particular focus on improving health and safety and efficiency through track and walkway upgrades. This work was all completed i... |
CEMEX acquires mortar plant in Spain24 May 2023, Published under Cement NewsCEMEX has acquired a mortar plant near Madrid, Spain, as part of its ongoing strategy to increase EBITDA through bolt-on acquisitions. The new plant is equipped with the latest technology to enable the production of traditional and specialty mortars with enhanced sustainability attributes. CEMEX’s nearby Castillejo cement plant will supply lower-carbon Vertua cement for mortar production. The mortar plant is located only 35km from Madrid, contributing to reducing overall Scope 3 emis... |
Cemex and Ecocem partner on lower-carbon R&D18 May 2023, Published under Cement NewsCemex and Ecocem have agreed to work together in a new partnership to explore opportunities to use lower-carbon cementitious material in concrete production, according to a statement by the two companies. Initially, the partnership will trial lower carbon solutions in ten of Cemex’s French readymix production plants, with the ambition to extend in France and potentially the wider region as part of a portfolio of initiatives in the sector. Developing innovative partnerships with key ind... |
Cemex sales up 9% YoY in 1Q2303 May 2023, Published under Cement NewsCemex has reported strong results in the opening quarter of 2023 with sales expanding by nine per cent YoY to US$4036m and EBITDA seeing six per cent growth to US$733m, driven by pricing, decelerating input cost inflation, and contributions from the company’s growth investments and urbanisation solutions business. According to the company, the EBITDA margin came in at 18.2 per cent with a significant sequential improvement of 1.9 percentage points. The Urbanisation Solutions business repor... |
CEMEX Philippines achieves 50% CO2 reduction from 1990-202218 April 2023, Published under Cement NewsCEMEX Philippines achieved a 50 per cent reduction in CO 2 emissions generated by its two cement subsidiaries, Solid Cement Corp and APO Cement Corp , from 1990-2022. Based on public declarations, CEMEX claims that this is the highest CO 2 emissions reduction in the industry. From 2020-22 alone, CEMEX Philippines reduced 18 per cent of its net CO 2 emissions, representing 36 per cent of the total CO 2 reduction since 1990, demonstrating the company’s accelerated efforts to furth... |
CEMEX invests in rail solutions14 April 2023, Published under Cement NewsCEMEX has completed a significant investment into its rail solutions facility at Somercotes, Derbyshire, UK. This development was undertaken to meet increasing customer demand for its concrete bearers for switches and crossings. As a result of this investment, CEMEX will be able to manufacture an additional 18,000 linear metres of bearers for switches and crossings every year. This additional capacity is vital to meet the requirements of CEMEX’s clients in the rail sector. The... |
Cemex considers exiting Phillipines03 April 2023, Published under Cement NewsCemex is considering exiting the Philippines as part of its ongoing strategy to focus on markets with higher growth and lower risk. Cemex currently owns 89.86 per cent of Cemex Holdings Philippines (CHP) through Cemex Asian South East Corp (CASEC) and runs two plants, located in Antipolo and Cebu , with a total production capacity of 5.7Mta. According to Bilyonaryo, CHP has struggled to pay the US$280m loan it borrowed to finance the expansion of its Antipolo works in 2017, with the ... |
Canacem-Mexico-FICEM 2030 roadmap launched03 April 2023, Published under Cement NewsAt FICEM Hoja de Ruta 2023, the Canacem-Mexico-FICEM 2030 roadmap “Towards a Low Carbon Economy” was launched by Mexico's national cement chamber, CANACEM, in collaboration with FICEM. The roadmap outlines Mexico's cement industry commitments to climate change mitigation and is aligned with the UN's 2030 Agenda to maintain global warming below 2˚C compared to pre-industrial levels. Six Mexican cement producers ( Cementos y Concretos Moctezuma , Cementos Fortaleza , Cemex , Cemen... |
CEMEX trials truck discharge equipment30 March 2023, Published under Cement NewsCEMEX UK is trialling an industry-first discharge system for cement, which can be fully powered by electricity to substantially reduce fuel use and subsequent emissions. The idea for this new discharge equipment came from Nigel Ponton, national fleet engineer for the UK business. He worked with supplier Gardner Denver to create the system, which is mounted onto the tractor unit and simply requires three-phase connection to pressurise the tank and allow discharge to silo. This means no addi... |