News
02.08.2023 12:00Cemex increases its investment in innovative carbon tech company
Cemex announced that Cemex Ventures, its corporate venture capital and open innovation unit, has increased its stake in Carbon Upcycling. Carbon Upcycling’s patented technology injects CO₂ into industrial byproducts and natural minerals to create clinker substitutes, thereby reducing the carbon footprint of cement.
Region: Mexico
Cemex has reached a sales milestone for Vertua net zero CO₂ concrete in Colombia, surpassing 100,000 m3 of this product, enough to fill 40 Olympic-sized swimming pools. This achievement showcases progress towards Cemex’s ambitious goal for its Vertua lower-carbon cement and concrete products to reach more than half of all cement and concrete sales by 2025.
15.03.2023 15:51Cemex updates its brand as part of an ongoing evolution
Cemex unveiled today an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative, and approachable company.
Region: Mexico
23.02.2023 17:50CEMEX enters groundbreaking carbon utilization agreement
CEMEX announced that it has signed an agreement with green fuels producer ETFuels, to transform CO2 from CEMEX’s Alicante cement plant in Spain into green fuels. This carbon utilization project, groundbreaking in its scope and potential contribution to European energy security, demonstrates significant progress in testing and scaling technologies that are designed to contribute to accelerating decarbonization efforts in the cement production process.
Region: Mexico
23.02.2023 17:48CEMEX announces further corporate governance enhancements
CEMEX announced a series of corporate governance enhancements that continue the Company’s commitment to evolving its corporate governance profile towards global best practices. The additional enhancements announced today are further to the changes announced on February 24, 2022, highlighting the Company’s proactive and sustained focus on corporate governance matters.
Region: Mexico
16.02.2023 17:59CEMEX, Sandia Labs, and Synhelion to scale solar energy technology to produce cement
CEMEX announced that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production.
Region: Mexico
13.02.2023 18:02CEMEX reports double-digit top-line growth with record reduction in CO2 emissions in 2022
CEMEX announced double-digit top-line growth for 2022 and 4th quarter driven by a robust pricing strategy designed to recover margins. For 2022, EBITDA and EBITDA margin showed improving trends in 4th quarter. CO2 emissions declined by ~4.6% in 2022, the second consecutive year of record carbon reductions.
Region: Mexico