Cement News tagged under: Mexico

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Latin America places decarbonisation centre stage

09 August 2022, Published under Cement News

FICEM Congress, “Green Cement & Concrete 2050”, took place in Mexico City on 23-26 May 2022, and brought together 200 industry and government representatives from Latin America and the Caribbean to discuss the technical, regulatory and financial aspects of decarbonising the regional cement sector. Maria José García, executive director of FICEM and Jaime Hill, president of Mexican cement association CANACEM, open the exhibition at the Green Cement & Concrete 2050 event in Mexico Ci...

Zacua Ventures to receive CEMEX and CEMEX Ventures' investment

05 August 2022, Published under Cement News

CEMEX and CEMEX Ventures are investing in a global early-stage venture fund, Zacua Ventures, which aims to tackle the construction industry’s biggest challenges in sustainability, productivity and urbanisation.   "As pioneers in the construction industry's transformation, we are happy to be part of this investment vehicle to seek innovative solutions that help boost productivity, sustainability, and urbanisation,” said Gonzalo Galindo, head of CEMEX Ventures. “The collaboration and syn...

Buzzi Unicem regional performances in 1H22

05 August 2022, Published under Cement News

Buzzi Unicem reported positive development of deliveries in the United States, central Europe, Poland and the Czech Republic in the 1H22, as well as a continued slowdown in Italy and Ukraine. In Ukraine, at the end of February 2022, Buzzi Unicem was obliged to suspend production and commercial activities in both of our factories. At the end of March, with the repositioning of the conflict in the east and south-east of the country, the activity resumed at the Volyn plant, in the northwes...

CEMEX orders 200 low-carbon trucks

04 August 2022, Published under Cement News

CEMEX has added nearly 200 lower-carbon natural gas-powered trucks as part of a comprehensive strategy seeking to decarbonise its global fleet. This initiative is part of the company’s flagship Future in Action programme to become a net-zero CO 2 company by 2050. The investment in these 200 new vehicles consist mostly of concrete mixer trucks powered by low emission compressed natural gas (CNG) or renewable natural gas (RNG). These trucks will have a carbon footprint that is approximatel...

CEMEX reports 2Q22 net sales growth of 11%

29 July 2022, Published under Cement News

CEMEX has announced continued solid top line growth, with second quarter net sales growing 11 per cent to US$4080m in the 2Q20. Pricing was the main driver with prices of cement, ready-mix and aggregates increasing 16,12, and 14 per cent, respectively.   With a difficult second quarter 2021 comparison base, EBITDA decreased by eight per cent to US$723m, primarily due to higher energy costs and supply chain disruptions. Cemex group’s net income totalled US$265m in the 2Q22.   “I a...

Advent International partners Cemex and invests in NEORIS

27 July 2022, Published under Cement News

Advent 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 COBOD

26 July 2022, Published under Cement News

CEMEX 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 acquisition

12 July 2022, Published under Cement News

CEMEX 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 fuel

06 July 2022, Published under Cement News

Cemex ’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 framework

28 June 2022, Published under Cement News

CEMEX 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...