Cement News tagged under: Cemex
CEMEX completes bolt-on aggregates acquisition12 July 2022, Published under Cement NewsCEMEX 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 reduces European truck movements to cut CO207 July 2022, Published under Cement NewsCemex ’s commitment to decreasing CO 2 emissions by reducing the numbers of truck movements made by its business has resulted in a marked increase in the use of more sustainable transport methods across the European region. In Poland there was a 28 per cent increase in the volume of aggregates transported by rail over the last year, with material travelling from 11 rail depots to 43 destinations across the country. Using rail over road for this material offers a considerable saving in C... |
Cemex clears beach waste in Oaxaca to produce kiln fuel06 July 2022, Published under Cement NewsCemex ’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 framework28 June 2022, Published under Cement NewsCEMEX 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... |
Quarry restoration by CEMEX21 June 2022, Published under Cement NewsQuarry restoration and biodiversity are important aspects of Cemex’s commitment to climate change. Steve Redwood, CEMEX land development and permitting director – Europe, showcases how the company’s quarry restoration work and biodiversity management are reaping the benefits for nature in the region. By Steve Redwood, CEMEX, UK. The restoration aspect of the business is becoming increasingly important for CEMEX. Pictured is the Raynes quarry in north Wales, UK My role at CEME... |
Cemex chooses green fuels for French material transport17 June 2022, Published under Cement NewsCemex France is strongly encouraging its regular carriers to favour 'green' fuels such as biogas and biofuel, or electricity for the transport of materials. Since the spring of 2022 in France, the Cemex vehicles used (dump truck, mixer truck or even electric semi-trailer) in this initative have been marked with specific markings. “One of our transporters in Ile-de-France also uses a semi-trailer running on natural gas and equipped with an independent 12m 3 tank, 100 per cent electri... |
Cemex inaugurates Climafuel facility at Rugby works06 June 2022, Published under Cement NewsCemex ’s cement plant in Rugby, UK, will operate fully on alternative fuels (AF) following the inauguration of its new Climafuel facility. This significant investment aims to enable the plant to eliminate the use of fossil fuels, producing carbon savings equivalent to the annual emissions of more than 135,000 cars. Climafuel is a waste-derived fuel made using residual and commercial waste that would otherwise go to landfill. Rugby is the first Cemex plant to achieve this 100 per cent AF mil... |
Cemex and Coolbrook to work on electric cement kiln18 May 2022, Published under Cement NewsCemex announced that it expects to work with Coolbrook to test their patented technology that uses electricity in place of fossil fuels in the heating process of cement production. The companies have reached a memorandum of understanding (MoU) to combine their expertise to develop optimal electric process heating solutions that can be applied in the cement manufacturing process. Coolbrook's Roto Dynamic Heater (“RDH”) technology aims to revolutionise cement production by replacing foss... |
Cemex Ventures increases its investment in Carbon Clean13 May 2022, Published under Cement NewsCemex has announced that Cemex Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean. Cemex Ventures has been an early-stage investor in Carbon Clean and used the opportunity of the latest Series C funding round to increase its investment further. "We are happy to increase our investment in Carbon Clean, recognising its significant contribution to scaling carbon capture technology and the decarbonisation of our industry. Its re... |
Cemex extends Executive Variable Compensation programme11 May 2022, Published under Cement NewsCemex has announced that it is expanding its Executive Variable Compensation programme, further reinforcing its commitment to carbon neutrality. The Executive Variable Compensation programme, which includes progress on carbon reduction goals as a variable, will now cover more than 4500 executives in key positions around the world. Starting in 2022, the CO 2 emissions component will have an impact that will range from -10 per cent to +10 per cent in the total cash payout of the Annual Exec... |