CEMEX links ARS programmes to sustainability goals
CEMEX has announced that all its accounts receivable securitisation (ARS) programmes are now linked to CEMEX’s sustainability-linked financing framework, which is aligned to the...
Mexico
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US production and consumption increased in 2022
The US produced an estimated 95Mt of Portland and masonry cement in 2022, according to the US Geological Survey (USGS), up from 93Mt in the previous year. Cement was produced at...
GCC reports 7% EBITDA increase in 2022
Grupo Cementos de Chihuahua (GCC) reported net sales of US$289.7m in the October-December 2022 period, representing an increase of 12.3 per cent when compared with the 4Q21, acc...
Nearshoring is leading to Mexican demand growth
The growing development of industrial properties due to nearshoring is leading to a rise in Mexico’s cement demand of approximately 10 per cent, particularly in the north of the...
Synhelion receives new funding for solar fuel technology
Solar fuel specialist Synhelion has raised CHF22m (US$23.7m) in another successful financing round. The funds were primarily provided by existing investors, including CEMEX and ...
CEMEX validates 2050 net-zero CO2 target with SBTi
CEMEX has validated its 2050 net-zero CO 2 target through the Science Based Targets initiative (SBTi), becoming one of the first companies in the industry to do so. The validati...
Cemex delivers 1Mm3 of Vertua concrete since 2020
Cemex has delivered 1Mm 3 of Vertua ready-mixed concrete in Colombia since the product was launched in 2020, avoiding emissions of around 178,000t of CO 2 . According to Cemex, ...
Cemex announces new CCUS projects
CEMEX has announced that it is implementing several new carbon capture, utilisation, and storage (CCUS) projects throughout its global cement operations as it seeks to accelerat...
CEMEX sets "most ambitious" decarbonisation goals in the industry
CEMEX has a “promising medium term outlook”, according to Fernando A González, chief executive officer. Speaking at the company’s 2022 CEMEX Day on 16 November, Mr González said...
CEMEX validates its new 2030 decarbonisation goals
CEMEX has validated its 2030 decarbonisation goals through the Science Based Targets initiative (SBTi) for alignment under their new 1.5ºC scenario, the most ambitious pathway d...