Cement News tagged under: Cemex

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CEMEX UK: innovations for fossil fuel phase out

07 December 2021, Published under Cement News

CEMEX is committed to achieving carbon neutrality through innovation and investment in future-forward technology. Paul Fletcher, head of sustainability Europe, CEMEX, discusses how the route to net zero using groundbreaking technologies at CEMEX’s UK Rugby cement plant is setting the scene across all operations. By Paul Fletcher, CEMEX UK. CEMEX UK has recently invested approximately US$25m into a new system to further replace fossil fuels usage at its Rugby cement plant, incorp...

Cemex Philippines to invest in co-processing and green cements

29 November 2021, Published under Cement News

Cemex Holdings Philippines Inc has reiterated its commitment to increase its production capacity, while reducing carbon emission with new 'green cements' and higher capacity for co-processing. At present, 80 per cent of Cemex Philippines' cement products is in the green cement category. It aims to produce 100 new-generation cement products in the short term.   " We need to introduce this new generation of cement products. And this new generation of cement products have basically, a lower ...

Cemex partners with Orcan Energy for WHR project in Rüdersdorf

24 November 2021, Published under Cement News

Cemex has made a further advancement in its efforts to achieve carbon neutrality at its Rüdersdorf cement plant by 2030. The latest partnership will see the implementation of a waste heat recovery (WHR) system at the site in Germany. The project, conducted in partnership with Orcan Energy, is a key milestone on the road to climate neutrality, as it will contribute significantly to reduce energy-related emissions well before 2030. Rüdersdorf cement plant is the site of a new WHR pro...

CASE to supply Cemex with low-carbon vehicles across Europe

15 November 2021, Published under Cement News

Cemex 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 agreement

09 November 2021, Published under Cement News

Cemex 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 Coalition

05 November 2021, Published under Cement News

Holcim 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 20

04 November 2021, Published under Cement News

Cemex 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 technology

03 November 2021, Published under Cement News

Cemex 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 Certification

03 November 2021, Published under Cement News

Cemex 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 3Q21

29 October 2021, Published under Cement News

Cemex 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...