Cement News tagged under: Mexico
Cemex invests in KC8 Capture Technologies09 July 2024, Published under Cement NewsCemex has announced its latest investment in the carbon capture start-up KC8 Capture Technologies (KC8) through its venture capital and open innovation unit, Cemex Ventures. The investment aims to scale KC8's carbon capture technologies in a major project. KC8, based in Australia, offers an affordable method for reducing greenhouse gas emissions with its proprietary non-toxic, non-volatile solvent for carbon capture, utilisation and storage (CCUS). This technology promises up to 95 per ... |
Cementos Moctezuma appoints director of legal affairs02 July 2024, Published under Cement NewsMexico-based Cementos Moctezuma SA de CV , part of Cementos Molins SA , has appointed Fortino Delgado Carillo as its new corporate director of legal affairs. Mr Delgado will replace Belen Molins Benavent, who resigned as of 1 July 2024 for personal reasons. Mr Delgado has more than three years of experience in the legal and corporate affairs of the company and worked previously as a manager of contentious affairs. |
CEMEX supplies Miami's Okan Tower31 May 2024, Published under Cement NewsCEMEX has supplied the concrete for the massive foundation pour for Okan Tower, a 70-storey mixed-use tower that will be one of Miami's tallest buildings. The foundation pour required 1200 concrete trucks, approximately 10,000yd 3 of concrete, a crew of 300 working 36 hours straight and 160 drivers. Designed by Behar Font & Partners, Okan tower will have a hotel, residences, office space, and a curved silhouette inspired by a tulip. It will offer panoramic views of the city and the ba... |
CEMEX extends Regenera to Egypt27 May 2024, Published under Cement NewsCEMEX has signed an agreement with Gharbia Governorate to operate the first Regenera facility in Egypt. Through this agreement, CEMEX will treat more than 800tpd of municipal solid waste received to generate alternative fuels and produce compost, ensuring minimal residual waste to landfill. According to the company, this agreement supports circularity as well as the wellbeing of the governorate citizens by ensuring that all the daily collected waste is safely treated while avoiding th... |
CEMEX develops Generative AI tool23 May 2024, Published under Cement NewsCEMEX has developed the first generative artificial intelligence (AI) tool of its kind in the building material industry, transforming how its salesforce interacts with clients by providing real-time support for a superior customer experience. The tool is an advanced knowledge assistant using Microsoft’s artificial intelligence and trained with CEMEX’s product information and expertise in construction regulations. Built on a robust data management system, it offers tailored so... |
CEMEX signs solar agreement for Clinchfield plant15 May 2024, Published under Cement NewsCEMEX USA has entered into an off-site renewable energy agreement with Georgia Power for its Clinchfield cement plant as part of its ongoing decarbonisation drive. Through this long-term agreement the Clinchfield plant will secure approximately 25 per cent of its power requirements from solar facilities throughout the state beginning in 2025, reports PR Newswire. “Embracing solar power not only accelerates our own aggressive sustainability goals but also sets a powerful example for ... |
S&P upgrades CEMEX investment grade15 May 2024, Published under Cement NewsRating agency Standard & Poor’s (S&P) has upgraded CEMEX ’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy and flexible capital allocation. “Achieving an investment-grade credit rating from S&P is a very important milestone for CEMEX,” said Fernando A González, CEO of CEMEX. “While we had record results last year, this rating is recognition of successful execution against our medium-term ... |
CEMEX and MPP collaborate on decarbonisation13 May 2024, Published under Cement NewsCEMEX and the Mission Possible Partnership (MPP), in partnership with the Bezos Earth Fund, are collaborating to conduct an analysis of the potential of decarbonisation levers at CEMEX’s Balcones cement plant in Texas. According to CEMEX, this analysis aims to accelerate the company’s commitment to achieving net-zero CO 2 emissions by 2050. There are various technological pathways to decarbonise the cement industry and MPP is assisting CEMEX in evaluating these pathways at the produ... |
CEMEX leads the field in WBA climate and energy benchmark09 May 2024, Published under Cement NewsCEMEX has been recognised as the industry’s top-scoring company in the World Benchmarking Alliance’s 2024 Climate and Energy Benchmark. According to the company, this recognition demonstrates CEMEX’s commitment to transitioning to a lower-carbon cement industry, with the aim of becoming a net-zero CO 2 company by 2050. The World Benchmarking Alliance (WBA) measured and ranked 91 of the world’s most influential aluminum, cement and steel companies for the first time based on th... |
CEMEX upgraded by Fitch Ratings02 May 2024, Published under Cement NewsCEMEX has reached full investment grade status after being upgraded to BBB- by rating agency Fitch Ratings. This follows S&P Global Ratings’ upgrade announced in March 2024. “Achieving investment grade is a milestone for CEMEX,” said Fernando A González, CEO of CEMEX. “This rating is confirmation of both our strategy and our execution against it. By optimizing our cost of capital, it also serves as the foundation for increased financial flexibility going forward to address our... |