Cement News tagged under: Cemex
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... |
Vertua to account for majority of sales by 2025, says Cemex06 May 2022, Published under Cement NewsCemex has announced the ambitious goal of its Vertua range of low-carbon cement and concrete products accounting for more than half of all cement and concrete sales by 2025. Following their global launch in 2020, Vertua products have been widely accepted by customers worldwide, according to Cemex, with Vertua cement and concrete accounting for 34 and 31 per cent of total sales, respectively, in the 1Q22, almost double the prior year. Vertua’s cement products offer a CO 2 reduction of at... |
The Cemex way to the future03 May 2022, Published under Cement NewsCemex is one of the biggest cement producers worldwide, with leading positions in cement, aggregates and ready-mix. ICR caught up with CEO Fernando A González for a wide-ranging discussion covering everything from the impact of the pandemic, Cemex’s strategic priorities and targets, decarbonisation and the future of the cement industry. “With current, available and proven technologies, processes and materials, we can continue reducing CO2 in our operations by up to 40 per cent b... |
Cemex reports 1Q22 net sales increase of 13%29 April 2022, Published under Cement NewsCemex announced its first quarter of 2022 results, with consolidated net sales and EBITDA growing YoY by 13 and three per cent, respectively, despite a challenging cost environment. The growth was led by a 12 per cent increase in cement prices in LfL terms, eight per cent in ready-mix, and seven per cent in aggregates, with all regions contributing to pricing gains. Cemex continued to enjoy strong demand dynamics, with cement and ready-mix volumes growing high single to double-digits... |
Cemex to increase capacity in Dominican Republic27 April 2022, Published under Cement NewsCemex is modernising its second line at the San Pedro Macorís plant in the Dominican Republic. The project will enable the company to increase its production by 0.5Mta. The equipment used in the project will use advanced technology to improve efficiency and maintain the highest international environmental standards, according to the company. It will allow the plant to increase its thermal substitution rate. The modernisation is part of a broader investment, which will also see the inst... |
Cemex successfully converts kiln flue gases into nanomaterials26 April 2022, Published under Cement NewsCemex has announced that it has successfully tested a process that converts flue gases emitted by the cement kiln into carbon nanomaterials, thereby transforming ‘bad’ carbon into ‘good’ carbon. Due to their unique mechanical, thermal, electrical and chemical properties, carbon nanomaterials have several potential applications in a wide array of industries, from construction to biomedicine. This technology was born out of Smart Innovation, Cemex’s internal open innovation platform. Ceme... |
Cemex Ventures invests in Carbon Upcycling Technologies22 April 2022, Published under Cement NewsCemex Ventures ( Cemex Group ) is investing in Carbon Upcycling Technologies, a Canadian startup and global leader in developing carbon utilisation and grinding technologies for the cement industry. Carbon Upcycling's proprietary solution infuses carbon into a grinding process for industrial residues, such as slag and fly ashes, to produce a more reactive supplementary cementitious material. These materials can then be used to replace clinker in cement production. The blended cement an... |
Cemex Rüdersdorf to help produce aviation fuel13 April 2022, Published under Cement NewsCemex is joining forces with integrated chemicals and energy company Sasol ecoFT and renewable energy company E NERTRAG in a milestone project that will combine CO 2 with hydrogen to produce sustainable aviation fuel. The consortium will source green hydrogen generated exclusively from wind and solar energy from E NERTRAG . The CO 2 will be supplied by Cemex's Rüdersdorf cement plant in Germany, which will provide 100tpd of CO 2 in the project’s initial stages. Sasol ecoFT wil... |