Cement News tagged under: Cemex
Cemex Ventures to deploy industrial scale hydrogen combustion at Rugby plant21 November 2024, Published under Cement NewsCemex Ventures, Cemex ’s corporate venture capital (CVC) and open innovation unit, has announced an initial hydrogen deployment at industrial scale with HiiROC, the pioneering British hydrogen company that produces affordable, clean hydrogen, at its Rugby cement plant in the UK. Hydrogen has emerged as a low-carbon energy source within the construction industry’s decarbonisation roadmap and offers potential as an energy solution to help reduce the sector’s reliance on fossil fuels and low... |
Charting the progress of biodiversity in Europe's quarries15 November 2024, Published under Cement NewsAs the first week of COP29 draws to a close, we consider the issue of biodiversity and the cement industry's impact on this important sustainability indicator. This week, CEMBUREAU 's 'How quarries provide a home to European endangered species' webinar presented an opportunity to discuss the cement sector's progress in rehabilitating former quarries and increasing biodiversity through the regeneration of flora and fauna in active quarries. As a starting point, Dr Carolyn Jewel... |
Global cement leaders call for urgent government action at COP2915 November 2024, Published under Cement NewsAt COP29, currently being held in Baku, Azerbaijan, there has been a formal call for action from the cement and concrete industry to policymakers around the world to increase their support to help reach net-zero emissions. The extensive decarbonisation work being carried out by the global cement and concrete industry to cut CO 2 emissions is set out in a newly-published progress report, launched at COP29. The Global Cement and Concrete Association’s (GCCA) Cement Industry new report is ent... |
Cemex reports 3Q24 net sales of US$4bn29 October 2024, Published under Cement NewsCemex reported an EBITDA of US$747m and net sales of US$4.09bn in the 3Q24 in a period. Weather impact accounted for a little less than half of the LtL EBITDA shortfall in the quarter. Consolidated net income grew more than 200 per cent compared to the prior year. Cemex’s pricing strategy continued to be supportive in a lower volume environment, with prices for its products rising low-single digits. During the quarter, Cemex announced divestments of US$1.4bn, bringing YtD announced divesti... |
Cemex receives funding for Rüdersdorf CCUS project23 October 2024, Published under Cement NewsA consortium comprised of Cemex and Linde, a leading global industrial gases and engineering company, has been selected to receive EUR157m (US$169.3m) in funding from the EU Innovation Fund for a pioneering CO 2 capture project at Cemex’s Rüdersdorf cement plant in Germany. The project, Cemex ’s largest planned carbon capture, use and storage (CCUS) project to date, aims to capture 1.3Mta of CO 2 from Rüdersdorf’s cement production, ultimately decarbonising the site by 2030. At Rüders... |
Cemex recognised for construction reputation10 October 2024, Published under Cement NewsThe Corporate Reputation Business Monitor (Merco) has recognised Cemex as the company with the best reputation in the construction sector in Mexico. This is the twelfth consecutive year that Cemex stands out in the Merco Empresas Mexico ranking. In the years 2013-2016, it led the cement category, and from 2017 to now, it has retained position in the construction materials category. This recognition for standing in the consturction amterials sector comes after Cemex's inclusion in Fortune’... |
Cemex recognised for social impact27 September 2024, Published under Cement NewsCemex announced that it has been included in Fortune’s 2024 Change the World list for the fourth time. The list showcases businesses out of about 250 companies that are having a positive social impact through activities that are part of their core business strategy. Fortune recognised the company's work with VeryNile in cleaning the Nile River, developing a more sustainable solution for the collected waste. VeryNile is an initiative supported by the Ministry of the environment in Egypt ... |
Cemex revolutionises operations with AI20 September 2024, Published under Cement NewsCemex (Mexico) has started using MARIA (the Monitoring and Remote Assistance with Artificial Intelligence system). This system permanently, and in real time, captures critical variables of cement plants, such as temperature, oxygen levels, pressure and vibrations. MARIA knows how to use WhatsApp to send alerts and recommendations automatically to plant operators. It is also capable of using Google Translate to warn them of what is happening, which it detects through sensors and algorith... |
Cemex introduces new anti-humidity cement19 September 2024, Published under Cement NewsCemex introduced a new water-repellent cement product that the company hopes will extend the life of construction sites. The product is a specialised, anti-humidity cement. Ricardo Naya, president of Cemex Mexico, said, “At Cemex, we have developed a new specialty cement designed to solve one of the main problems that affects almost every construction site: dampness. Our damp-proof cement is a true “all-in-one”. In addition to its traditional use, it incorporates water-repellent propert... |
Cemex sells operations in Guatemala11 September 2024, Published under Cement NewsCemex announced that it has sold its operations in Guatemala to Holcim Group , for a total consideration of approximately US$200m, with the transaction signed and closed 10 September 2024. The divested assets consist of one grinding mill, three ready-mix plants and five distribution centres. As of 31 December 2023, the grinding mill had an installed capacity of around 0.6Mta. Fernando A González, CEO of Cemex, said, “In 2024 we have accelerated the execution of our portfolio rebalan... |