Cement News tagged under: Cemex
CASE to supply Cemex with low-carbon vehicles across Europe15 November 2021, Published under Cement NewsCemex has confirmed a partnership with CASE Construction Equipment to introduce lower-carbon vehicles that offer reduced fuel consumption into multiple markets across Europe. This is the latest company development to be announced in line with Cemex’s global sustainability strategy ‘Future in Action – Committed to Net Zero CO 2 ’. The selected vehicles (which are both wheel and backhoe loaders) will be used in Cemex materials businesses in several countries, including France, Spa... |
Cemex closes US$3.5bn credit agreement09 November 2021, Published under Cement NewsCemex has closed a new US$3.25bn syndicated credit agreement, with it being the first debt issued under its sustainability-linked financing framework. The proceeds have been used to fully repay its previous facilities agreement. The new credit agreement consists of US$1.5bn in five-year amortising term loans and a US$1.75bn five-year committed revolving credit facility, the company said in a statement. "This new credit agreement represents a major milestone in our path to investment gr... |
Holcim and Cemex among founding members of First Movers Coalition05 November 2021, Published under Cement NewsHolcim and Cemex are among the companies that have joined the First Movers Coalition (FMC) as founding members at COP26 to drive green demand and carbon technologies to advance climate goals. The initiative aims to accelerate innovation and the development of early-stage decarbonisation technologies by leveraging their combined purchasing power. The coalition will work across the eight key hard-to-abate industries of cement, steel, aluminium, chemicals, shipping aviation and trucking, a... |
Cemex USA honoured by Texan to Nature 2004 November 2021, Published under Cement NewsCemex USA has announced that for the third consecutive year the company has been named to the Texan by Nature 20, the official ranking by the Texas-led conservation non-profit founded by Former First Lady Laura Bush, recognising its commitment to conservation and leadership in sustainability. “Sustainability and conservation are integrated into our operations across Cemex, and we work to make positive contributions that can help protect natural resources and wildlife,” said Cemex USA Re... |
Cemex invests in Synhelion and solar technology03 November 2021, Published under Cement NewsCemex and Cemex Ventures have announced their investment in Synhelion which aims to decarbonise the cement manufacturing process based on solar technology. “Synhellion’s technology has enormous potential, not only does it close the fuel carbon cycle but it also facilitates a carbon-free cement industry. This investment is another example of the innovative projects and technologies we develop to decarbonise the industry,” said Gonzalo Galindo, head of Cemex Ventures. Synhelion’s propri... |
Cemex Miami plant receives 2021 Energy Star Certification03 November 2021, Published under Cement NewsCemex has announced that its cement plant in Miami, Florida, has been recognised by the United States Environmental Protection Agency (EPA) for the 11 th consecutive year for its ongoing energy efficiency and sustainability efforts, earning 2021 Energy Star ® Certification. To earn the achievement each year, including for the 2021 certification, operations at the Miami Cement plant had to reach Energy Star Plant Energy Performance Indicators and rank in the top 25 per cent of s... |
Cemex reports net sales of US$3.8bn in 3Q2129 October 2021, Published under Cement NewsCemex reports consolidated net sales of US$3.8bn in the 3Q21, a rise of eight per cent versus the 3Q20. EBITDA fell by one per cent to US$740m, due mainly to supply chain disruption and a sudden rise in energy and transportation costs. Consolidated cement and aggregate sales volume grew by one per cent while ready-mix grew by three per cent and urbanisation solutions grew by 16 per cent in the 3Q21. Net debt for the company declined by US$248m versus the 2Q21 and the leverage ratio dr... |
Cemex France renews biodiversity agreement with LPO28 October 2021, Published under Cement NewsMichel André, director of materials activities at Cemex Western Europe, and Allain Bougrain Dubourg, president of the League for the Protection of Birds (LPO), have renewed their partnership agreement for the period 2021-23. This collaboration between a major player in the construction materials industry and one of the most important naturalist associations in France allows the two partners to pool their skills for the benefit of Cemex’s best contribution to preserve biodiversity on i... |
Cemex will supply Vertua concrete for sustainable Polish building22 October 2021, Published under Cement NewsCemex will supply its low carbon concrete called Vertua for the construction of Warsaw’s P180 office building. The P180 office building, designed by PRC Architekci and developed and built by Skanska, requires 3500m 3 of Vertua concrete to be delivered in the 3Q22. "We are excited to supply Vertua concrete for the construction of this sustainable and innovative building in Poland," said Sergio Menendez, president fo Cemex Europe, Middle East, Africa and Asia. |
TCL engages in low-carbon cement sales19 October 2021, Published under Cement NewsTrinidad Cement Ltd's (Cemex group) ECO Cement brand has achieved the Cemex Vertua seal, the group’s global standard for products that offer a reduction in carbon emissions ranging from 15 to over 40 per cent during production, TCL officials state. However, TCL has a hard battle ahead to convince the construction industry to move towards low-carbon cements. The low-carbon product has actually been on the local market since 5 June 2020. It retails at TTD43/bag (US$6.32/bag), and is ... |