News
CEMEX announced that it is working with the Science-Based Targets initiative (SBTi) to validate its 2050 net-zero CO2 roadmap and its 2030 decarbonization goals to align with their recently announced 1.5º c scenario. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry.
Region: Mexico
22.09.2022 18:41CEMEX develops technology to accurately measure concrete’s resistance during setting
CEMEX announced that it has developed a new proprietary technology that monitors concrete during its pouring and hardening to measure its strength in real-time during the construction process. The technology has been named “Spider Tracker” due to its spider-leg-like sensors.
Region: Mexico
16.09.2022 09:37Holcim closes India divestment
Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of INR 385 and in ACC at a share price of INR 2,300, resulting in cash proceeds of USD 6.4 billion for Holcim. This transaction strengthens Holcim’s balance sheet and enables the company to continue its acquisition strategy, building on recent investments of over CHF 5 billion in Solutions & Products.
Region: India
13.09.2022 11:37TITAN Cement Group launches CemAI
TITAN Cement Group has launched CemAI, Inc (CemAI), an affiliate company providing the next-generation predictive maintenance solution based on artificial intelligence for the cement industry. The solution is a unique mix of a proprietary licensed software and a continuous monitoring and incident resolution service for entire cement manufacturing lines across the world.
Region: Greece
08.09.2022 13:49CEMEX provides cement for longest bridge in the Philippines
CEMEX announced that it was the sole supplier of cement for the construction of the longest bridge in the Philippines. CEMEX supplied nearly 70,000 metric tons of cement for the construction of the Cebu-Cordova Link Expressway (“CCLEX”), a milestone project for the country.
Region: Philippines
08.09.2022 13:36Argos implements an innovative hydrogen injection process at its Honduran oven for a more sustainable operation
Argos, a cement company of Grupo Argos, is implementing an innovative process by injecting hydrogen into the oven of its operation in Honduras. The main objective of this revolutionary and scalable technology is to reduce the use of fossil fuels, CO2 emissions levels, and energy consumption, which is in line with its commitment to climate change and contributes to a more sustainable operation while achieving an increase in production.
Region: USA
07.09.2022 13:33Holcim closes Brazil divestment
Holcim has closed the sale of its business in Brazil to CSN (Companhia Siderúrgica Nacional) for an enterprise value of USD 1.025 billion.
Region: Brazil