Cement News tagged under: Cemex
Cemex and Carbon Upcycling to increase industrial waste use04 November 2020, Published under Cement NewsCemex SAB de CV has signed an agreement with Carbon Upcycling Technologies to improve processing of residue or byproducts from industrial processes and to capture CO 2 to produce nanomaterials and low-CO 2 concretes. Cemex Ventures will work with Carbon Upcycling Technologies to increase the 3Mta of industrial residue that Cemex uses for cement and concrete additions, and therefore reduce the volumes being sent to landfill. The initiative will increase the reactivity of industria... |
Cemex sees net sales rise to 3% to US$3.436bn in 3Q2029 October 2020, Published under Cement NewsCemex SAB de CV has announced its 3Q20 results with net sales increasing by three per cent on a like -for-like (LfL) basis to US$3.436bn, while EBITDA rose by 15 per cent to US$728m. Net operating earnings, before other expenses, rose by 20 per cent to US$453m on a LfL basis. Net debt plus perpetual notes fell by US$504m versus the previous quarter. Net sales in Mexico rose by 14 per cent on a LfL basis to US$723m. Operating EBITDA rose 16 per cent to US$246m on a LfL basis, versus... |
Cemex launches carbon-free Virtua® concrete28 October 2020, Published under Cement NewsCemex SAB de CV has announced that its first net-zero carbon concrete called Vertua ® will soon be available worldwide. Vertua ® is a family of low-carbon products and the first net-zero CO 2 concrete will be used in several European countries in flagship infrastructure projects. Virtua ® has been developed with an innovative geoploymer binder solution created by Cemex's Research and Development Centre in Switzerland. This solution has a reduced carbon footprint of 70 per cent with... |
Cemex exported 9% of Mexican output in 201926 October 2020, Published under Cement NewsCemex exported nine per cent of its Mexican cement sales in 2019. according to CE NAFTA 2.0. The company’s data show that 67 per cent of exports were delivered to US customers while the remaining 33 per cent were shipped to other Latin American countries. Exports were mainly in the form of cement although the company also shipped some clinker. |
Cemex secures green financing14 October 2020, Published under Cement NewsCemex SA de CV has closed the amendment process under its facilities agreement, dated 19 July 2017. Cemex is extending US$1.1bn of term loan maturities by three years from 2022-25 and approximately US$1.1bn of commitments under the revolving credit agreement by one year from 2022 to 2023. Cemex is also prepaying US$530m corresponding to the July 2021 amortisation under the facilities agreement to institutions participating in the extension. The Mexican company will renominate US$313m of ... |
Hoffmann Green Cement signs supply contract with Cemex12 October 2020, Published under Cement NewsHoffmann Green Cement Technologies has signed a three-year contract with Cemex France to supply low-carbon and clinker-free cements on the ready-mix market. For the Ile-de-France and Aquitaine regions, Hoffmann Green will supply Cemex with the low-carbon cement resulting from its H-UKR and H-EVA technologies, enabling CO 2 emissions to be divided by five compared with the use of traditional cement. "The signing of this structuring contract with Cemex France today enables us to achieve... |
Germany: leading the recovery05 October 2020, Published under Cement NewsThe German cement sector has fared better than most during the pandemic. Cement demand is forecast to remain stable this year, with a more cautious outlook for 2021. Meanwhile, producers are embracing the latest technology for a leaner, greener manufacturing base. HeidelbergCement’s plant at Burglengenfeld, Germany, was modernised in 2017-18 with a new kiln, baghouse and SNCR system Germany’s economic growth slowed to 0.6 per cent in 2019 from 1.5 per cent the previous year,... |
Can solar kilns be a viable option in the cement sector?02 October 2020, Published under Cement NewsThis week, Cemex announced what it called a 'groundbreaking' technology to fully decarbonise the cement production process by working with Synhelion on a solar-heated kiln. The process aims not only to reduce the use of fossil fuels but to turn CO 2 into synthetic drop in-fuels such as kerosene, diesel and gasoline. Such a technology leap would seem revolutionary for the cement sector with high energy costs and a pressing need to lower its CO 2 emissions and to become a carbon neural in... |
Cemex to trial solar cement plant01 October 2020, Published under Cement NewsCemex and Synhelion SA have developed a groundbreaking technology designed to fully decarbonise the cement manufacturing process based on solar energy. The new approach is based on replacing the use of fossil fuels in cement plants with high-temperature solar heat, and capturing 100 per cent of the carbon emissions, enabling cement manufacturing to achieve net-zero level. This is made possible by the unprecedented temperature levels of solar heat provided by Synhelion's technology and it... |
Cemex has decarbonisation roadmap validated by Carbon Trust30 September 2020, Published under Cement NewsCemex announces that the Carbon Trust has validated its roadmap to decarbonise global operations in line with the Sectoral Decarbonisation Approach (SDA) 2-degree scenario (2DS) developed by the International Energy Agency (IEA). The validated roadmap would enable the company to achieve a 35 per cent reduction of net carbon emissions by 2030. The validation scope included Cemex’s worldwide cement operations, with a detailed analysis of plants expected to contribute at least 80 per cent ... |