CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. CEMEX, S.A.B. October 6, 2022 - 7:30 am. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. Nonetheless, the industry could reduce its 2017-level emissions by more than three-quarters by 2050. CEMEX 1y I-ulat ang post na ito The American bison herd is growing at El Carmen Nature Reserve, where it has gone from the initial 19 bison to now . Any or all of CEMEXs forward-looking statements may turn out to be inaccurate. Therefore, lowering the carbon content in the manufacturing of cement and steel (for example) could potentially impact the quality of the material outputs. . Hace dos semanas, el Centro de Innovacin y Desarrollo particip en el 3er Encuentro del Cemento y Concreto organizado por el IMCYC, con la ponencia: "Futuro en Accin: Nuestra ruta hacia la neutralidad de carbono" impartida por Carlos Medina, Director de Sostenibilidad en #CEMEX Mxico. Order your copy now. CO2 emissions stem from the burning of fossil fuels, going public in the NYSE through a PIPE agreement, Carbon Capture, Use and Storage (CCUS): CEMEX actively participates in various R&D collaborative efforts with different sectors. Waste from other industries and alternative raw materials allow us to reduce the clinker factor while maintaining the same quality and durability of our products. Likewise, in Construction Startup Competition 2021, we directed one of our categories to the carbon footprint mitigation to keep evaluating solutions that will help achieve the mid-century goals. Using this website means you are okay with this. CEMEX announced this week that they are working with the Science-Based Targets initiative (SBTi) to validate their 2050 net-zero CO2 roadmap and their 2030 decarbonization goals to align with its recently announced 1.5 C scenario. Company commits to most ambitious decarbonization pathway in building materials industry. These statements necessarily involve risks, uncertainties, and assumptions that could cause actual results to differ materially from CEMEXs expectations, including, among others, risks, uncertainties, and assumptions discussed in CEMEX's most recent annual report and detailed from time to time in CEMEXs other filings with the Securities and Exchange Commission, which factors are incorporated herein by reference, which if materialized could ultimately lead to CEMEX not reaching the goals stated in this press release. Reducing the clinker factor in our cement. Fernando A. Gonzalez, CEO of CEMEX, said: We are excited to be part of this groundbreaking project that will contribute to the decarbonization of two of the world's key industries. By partnering and investing in startups who are developing innovative technologies that can help decarbonize the industry, not only in the cement production but also in the materials delivery and construction process, we make true to our claim Fostering the construction revolution. Companies have several options to decarbonize cement. To ensure we are on the right track, we have set the most ambitious 2030 targets available to the industry: 2030 40% less of CO 2 / ton of cementitious material* 35% less of carbon content in concrete* 55% in clean electricity consumption To reach 71% of clinker factor To reach 50% in alternative fuels substitution rate 2050 With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. Future In Action is a long-term program which will continue to work on our production process to reduce our carbon footprint and meet our 2050 goal of becoming a net-zero CO2 company. Under its Future in Action program, he adds, Cemex has committed to the most aggressive 2030 decarbonization goals in the heavy building materials industry, and is pursuing delivery of net zero carbon dioxide concrete globally by 2050. During 2021, around 30% of our operations power came from clean electricity sources. de C.V. ("CEMEX") (NYSE: CX) announced today that the Carbon Trust has validated its roadmap to decarbonize global operations in line with the Sectoral Decarbonization Approach (SDA) 2-degree scenario (2DS) developed by the International Energy Agency (IEA). CEMEX sa Moses Lake, WA Palawakin ang paghahanap. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. If were unable to reduce our emissions, scientists believe that climate change could lead to an increase in fatalities around the globe every year, and force 100 million people into poverty by 2030. de C.V. is the first cement producer to announce testing of Coolbrook Roto Dynamic Heater (RDH) technology, which uses electric power to attain the 1,500-1,700C kiln temperatures required to calcine and convert limestone and other raw feeds to clinker. Around 18%. The Industrial Efficiency & Decarbonization Office (IEDO) accelerates the innovation and adoption of cost-effective technologies that eliminate industrial GHG emissions. Cemex SAB de CV, Cemex SAB de CV. We are pragmatic and thorough. The investment in drones is growing exponentially and its use in the military sector has reached multiple fields such as mining, industrial or agricultural, also reaching construction. This proprietary system is orchestrated by Energy Vaults AI-enabled software platform that incorporates advanced computer control and machine vision. What can we expect from leading companies, startups, and entrepreneurs in the sector to further enhance decarbonization efforts in the industry? As Figure 1 indicates, this process takes up to on the entire emissions that come from the construction process, making it the bullseye of the sector when trying to identify the areas that must undergo change sooner rather than later. , as most of its CO2 emissions result from the cement manufacturing and the unavoidable chemical process known as calcination. The best approach to understanding decarbonization is the Kaya identity. Cemex was also present at the SDG Investment Forum organized by the UNGC's CFO Coalition. CEMEX, S.A.B. Mitigating climate change and decarbonizing the construction industry is our top priority, said Fernando A. Gonzlez, CEO of CEMEX. CEMEX, S.A.B. Carbon dioxide (CO2) is a greenhouse gas formed by the combustion of carbon and by the respiration of living organisms. We are evolving our production process to reduce its carbon footprint every step of the way. Location: Madrid, Madrid, Spain, 28027 As an Investment Analyst in DecarbonizationTechnologies within CEMEX Ventures you will provide industry and technology expertise and insights in the application of Decarbonization technologies in the build environment, with a focus on Carbon Capture, Utilization and Storage (CCUS). Natural carbon sinks: Natural carbon sinks are considered highly beneficial in reducing the total concentration of CO2 in the atmosphere. Consequently, decarbonization will also require absorbing carbon from the atmosphere by capturing emissions and enhancing carbon storage in agricultural lands and forests. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. of our plants co-processed close to 3.3 million tons of waste as alternative fuels. Of those, almost half of industrys CO2 emissions result from the manufacture of the four industrial commoditiesammonia, cement, ethylene, and steel. Carbon Clean developed a novel technology (CycloneCC), which can efficiently and cost-efficiently capture CO2 from industrial processes. Future in Action starts in our operations. de C.V., known as Cemex, is a Mexican multinational building materials company headquartered in San Pedro, near Monterrey, Mexico.It manufactures and distributes cement, ready-mix concrete and aggregates in more than 50 countries. CEMEX is taking a leading role in decarbonizing the global cement industry, setting a fast pace of progress in all regions, including Mexico and Latin America. To achieve decarbonization, all aspects of the economy must changefrom how energy is generated, and how we produce and deliver goods and services, to how lands are managed . By 2050, in several scenarios over 90% of cement plants incorporate carbon capture with up to 120Mt CO2 captured. In a recent report where they play out different scenarios for decarbonizing industries, carbon capture technologies are seen as the most important technology to reduce process emissions, as well as emissions from industrial heat when those are still present. Optimizing thermal efficiency in our kilns. CEMEX joins forces with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG in a milestone project that will combine CO 2 with hydrogen to produce sustainable aviation fuel. Montmalard, Bresnay, Moulins, Allier, Auvergne-Rhne-Alpes, France : To the southwest of bresnay, between the end of the XIX century and the beginning of the XX century, Les Jardinats, Les bergerats and Montmalard were the object of various attempts to extract . Sumali ngayon Mag-sign in Post ni CEMEX. CEMEXs previous goals were aligned to the Well-Below 2C scenario. CEMEX, S.A.B. CEMEX is going the extra mile with the deep decarbonization mission of their operation, as concrete plays a fundamental role in the transformation that the built ecosystem requires to mitigate climate change. September 30, 2022 | seekingalpha.com . Barriers to Industrial Decarbonization While Fig. CEMEX 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 the latter's recently announced 1.5 C scenario. Deep decarbonization is whats needed to not let the global 2C target slip through our fingers. Building On-site, reducing operation and logistic costs, and even modifying designs at the moment are some of the benefits of 3D Printing in construction. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. It is the first company in the cement industry to introduce this technology, which could be a game-changer . Our approach is holistic and step by step. [October 06, 2022] CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario CEMEX, S.A.B. Originated in Argentina, Arqlite opened a new market and transitioned into the United States market by opening a large-scale facility in Santa Ana, California. 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 1.5 c scenario. de C.V. ("CEMEX . CEMEX currently uses 3 million tons of industrial residue each year, but plenty gets discarded due to its low reactivity. These industries represent approximately 51% of energy-related CO 2 emissions . It's not an overnight shift. Moderator: Ellen Hughes-Cromwick, CBE, Senior Resident Fellow for Climate and Energy Program, Third Way; NABE Climate Economics & Finance . Decarbonization technologies on the radar. The investment of drones in construction is relevant in all phases of its lifecycle, driving it to the day to day of technological innovation and reducing risks, time. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Our goal is to build a resilient ecosystem around the entire value chain of a construction project, by means of decarbonizing the built environment through the mitigation of CO2 footprints and giving a new chance to used and demolished . de C.V. was founded in 1906 and is headquartered in San Pedro Garza Garca, Mexico. As the eyes of the CEMEX on the outside, its our duty to be on top of the latest trends in the construction industry. 03 Decrease the amount of waste deposited in landfills. We are evolving our production process to reduce its carbon footprint every step of the way. CEMEX S.A.B. 2022 SEMCO Publishing, Inc. All rights reserved. Economist and former Chief Economist, CEMEX. These factors may be revised or supplemented, but CEMEX is not under, and expressly disclaims, any obligation to update or correct this press release or any forward-looking statement contained herein, whether as a result of new information, future events or otherwise. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. Innovation is at the core of CEMEXs Future in Action program, exemplified by Vertua, its family of products with sustainability attributes that includes lower-carbon cements and the first net-zero CO2concrete. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release. Combining these two important pain points, weve been able to identify startups like the ones mentioned above, who are working on solutions that help the industry mitigate its carbon footprint. Adems, el equipo del Centro de Innovacin y Desarrollo invit a los asistentes a compartir sus . We believe that its all about identifying the industrys pain points and finding ways to solve them by using new technologies and alternative ways to approach them expressed Gonzalo Galindo, Head of CEMEX Ventures. The goal of this breakthrough scalable modular technology is to provide carbon capture at a 10 times smaller installation footprint and 6 times shorter build time, adding up to 50% savings in capital expenditures associated with carbon capture. de C.V. (CEMEX) announced today 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 1.5 c scenario. We are keenly aware of the role that our industry must play in the race to zero and are committed to continue leading in this challenge.. Stock Titan. CDP also recently awarded CEMEX and HeidelbergCement its highest rating for climate action leadership, including the companies in its prestigious 'A List.' Both companies were also recognized for their efforts to ensure water security in the world. Decarbonization can mean two things: It can refer to moving away from energy systems that produce carbon dioxide (CO2) and other greenhouse gas emissions, or it can refer to removing carbon buildup and carbon deposits from internal combustion engines. His work encompasses the decarbonization and re-thinking of industrial processes, including the production of iron and steel and cement manufacture. He also works in the broader field of industrial decarbonization, including synergies between industry and power generation. Our collaboration with CEMEX is. We also had to balance the aspirations of government and industry by developing low-carbon roadmaps that could maintain industrial competitiveness. MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. Increasing the use of alternative fuels instead of regular fossil fuels. Our new clinker types have up to 20% lower CO2 emissions. Future in Action concentrates on maximizing four levers to reduce our carbon emissions, and achieve our 2030 goals: Alternative fuels can eliminate our reliance on fossil fuels, powering our kilns while also providing other benefits for the environment. de C.V. ("CEMEX") announced today 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 1.5 c scenario. Our CO2 emissions have declined more than 4% year-to-date and. C Scenario. Please check our, Code of Conduct when doing business with us. CEMEX, S.A.B. The Wallex System adopts the experience and knowledge of design and engineering with the application in the factory of advanced technology, the automation and industrialization of processes, as well as the use of innovative materials in the construction sector. Through Vertua, CEMEX is helping its customers to help building a better, more sustainable future. 04 Minimizing public investment costs for new waste facilities. The companys previous goals were aligned to the Well-Below 2 C scenario. At plant scale, an RDH apparatus running on renewable energy sources could . Innovation is at the core of CEMEXs Future in Action program, exemplified by Vertua, its family of products with sustainability attributes that includes lower-carbon cements and the first net-zero CO2 concrete. de C.V. ("CEMEX") (NYSE: CX) announced today its participation in the Low Emissions Intensity Lime and Cement 2 (LEILAC 2) project, a research and innovation initiative aimed to decarbonize the cement production process. CEMEX UAE , WA . The construction industry needs to face decarbonization as a serious matter, especially the players in the cement manufacturing industry. Fossil CO2 emissions cement, coal, oil, and gas peaked at 36.64 gigatons of CO2 in 2019, followed by an extraordinary drop of 1.98 gigatons of CO2 (5.6%) in 2020 due to the pandemic. In Mexico, revenue rose . Optimistically, our analyses show that CO 2 emissions could be reduced by 75 percent by 2050 (Exhibit 3). Dies geschieht in Ihren Datenschutzeinstellungen. CEMEX Ventures is the Corporate Venture Capital of CEMEX. Innovating goes far beyond than introducing new methods and processes into the mix. Decrease the amount of waste deposited in landfills. By doing so, CEMEX are . There are four main benefits of co-processing for climate action: Reduction of CO2 emissions in our cement manufacturing process. de C.V. ("CEMEX") announced today that CEMEX Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean. #CEMEXUAE #CEMEX. It is committed to having the most ambitious decarbonization pathway in the building materials industry. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. Correlation between positions in . But decarbonization takes time. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario. The UK based startup is the developer of one of the most promising and advanced carbon capture technologies in the market to date. As leading efforts go, CEMEX managed to reduce its net CO2 emissions per ton of cement by 23% in 2020 when compared to its 1990 levels, avoiding the generation of 7.5 million tons of CO2 in 2020 alone, equivalent to the emissions produced by 1.9 million vehicles driven in a year. While both of these processes involve removing carbon, they do it in very different ways. de C.V. 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 1.5 C scenario. of our cement operations' electricity came from clean electricity. Future in Action concentrates on maximising four levers to reduce our carbon emissions, and achieve our 2030 goals: Increasing the use of alternative fuels instead of regular fossil fuels. Global Warming has a devastating impact on the people and planet. CEMEX intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. Our efforts concentrate on substituting it with byproducts from other industries like blast furnace slag, and fly ash. CEMEX is a global building materials company that provides high-quality products and reliable services with a rich history of improving the wellbeing of those it serves through innovative building solutions, efficiency advancements and sustainability efforts. CEMEX has submitted its Future in Action commitment to reach net-zero CO 2 by 2050 across its entire value chain and its 2030 decarbonization roadmap to the Science Based Targets initiative for alignment with its 1.5 scenario. This is a very energy-intensive and carbon-emitting process. To achieve decarbonization in these sectors, companies must reimagine the production of their processes with potentially costly rebuilds or retrofits. In fact, most direct CO2 emissions in the cement production process are generated by the chemical reaction of clinker production in our kilns. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. Through this action, our indirect emissions, related to the electricity consumed in our plants, also contribute to reducing our carbon footprint. Most of the industries greenhouse gas emissions, 90 percent to be exact, consists of carbon dioxide. Using this website means you are okay with this. One of the key requirements to reach the SBTis Net-Zero Standard is aggressive carbon reductions across a companys entire value chain, including those produced by their own processes (scope 1), purchased electricity and heat (scope 2), and generated by a companys suppliers and end-users (scope 3). The updated 2030 target is a milestone to support Cemex's new 2050 target to reach net-zero operations and produce only net-zero concrete. Alternative fuels, particularly biomass, are a byproduct of humanity, which otherwise end up in landfills. Why? CEMEX, S.A.B. Wallex, the Spanish Joint Venture created between CEMEX Ventures and Grupo Avintia, is an offsite, sustainable, and high-quality industrialized construction system that knows no limits on innovation and architectural design and allows for the reduction of delivery times and professionalization of the workforce.

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