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It is committed to having the most ambitious decarbonization pathway in the building materials industry. Together we are working to fight one of the biggest threats the sector has endured in the recent years, and we are confident that the work we are doing will garner benefits that will benefit CEMEX, our clients, and the industry. , as most of its CO2 emissions result from the cement manufacturing and the unavoidable chemical process known as calcination. 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. Our CO2 emissions have declined more than 4% year-to-date and. 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. Around 18%. 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 . CEMEX, S.A.B. The ensuing decomposition generates methane, a greenhouse gas up to 80 times more harmful to the environment than CO2. Co-processing is a more efficient waste management solution than landfillingand incineration, this means that the cement industry is a net consumer of waste and contributes to a more Circular Economy. 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. de C.V. ("CEMEX") announced today that CEMEX Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean. "The path to carbon neutrality will be built with innovation, and we remain committed to being at the forefront in developing new circular technologies and processes." While its unclear how the climate debate will unfold, reaching the 2050 goals will be very challenging for the cement industry, as most of its CO2 emissions result from the cement manufacturing and the unavoidable chemical process known as calcination. To achieve deep decarbonization, we must rethink the way energy is produced and consumed, ergo calling for a switch towards low carbon energy sources and renewable energy. Any or all of CEMEXs forward-looking statements may turn out to be inaccurate. Total technically achievable CO2 reduction 73% Deadline for decarbonisation Clinker, the key component of cement, is produced by fusing together limestone, clay, and other materials in a rotary kiln at temperatures nearing 1500 Celsius. Although a challenge given the complexity of the process, high costs, and the requirements to not alter the final products qualities, decarbonizing industries is key to lowering the CO2 levels from the environment and guarantee that by 2100, the worlds temperature does not skyrocket to inhumane levels. As part of this verification process, CEMEX will also establish 2030 and 2050 targets for its main scope 3 emissions. Future in Action starts in our operations. Any country's total emissions from energy (CO 2) is the product of four terms: (1) total population (Pop), (2) GDP per capita, (3) energy intensity of the economy (which is total energy divided by GDP), and (4) carbon intensity of energy (emissions per unit energy). 1 indicates potential GHG reductions via the three decarbonization pillars, the road to net-zero is cluttered with barriers (sector specific and crosscutting) - that will need to be addressed. CEMEXs nature reserve. CEMEX Ventures is the Corporate Venture Capital of CEMEX. The construction industry needs to face decarbonization as a serious matter, especially the players in the cement manufacturing industry. The agreement with Carbon Upcycling will help CEMEX double its current use of industrial residue to consume annually 6 million tons by 2030, thereby reducing its carbon footprint significantly. 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.. Sadly, fast-forward to late 2021, and numbers show that concentrations of the major greenhouse gases CO, CH and NO continued to increase later in 2020 and the first half of 2021. The Canada based startup Carbon Upcycling Technologies developed a technology to improve the processing of residue and by-products of industrial processes, capturing CO2 emissions to produce nanomaterials with greater reactivity and a lower carbon footprint. What can we expect from leading companies, startups, and entrepreneurs in the sector to further enhance decarbonization efforts in the industry? In Mexico, revenue rose . CEMEX sa Moses Lake, WA Palawakin ang paghahanap. Receive CX Stock News and Ratings via Email. 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. 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. In 2020 it was ranked as the 5th largest cement company (by amount of cement produced) in the world, at 87.09 million tonnes. 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. His work encompasses the decarbonization and re-thinking of industrial processes, including the production of iron and steel and cement manufacture. de C.V. was founded in 1906 and is headquartered in San Pedro Garza Garca, Mexico. Therefore, lowering the carbon content in the manufacturing of cement and steel (for example) could potentially impact the quality of the material outputs. This proprietary system is orchestrated by Energy Vaults AI-enabled software platform that incorporates advanced computer control and machine vision. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. Exhibit 3 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. Take a stroll through the streets in the Old Town to see some of the original design from when the city was first started in A.D. 990. The best approach to understanding decarbonization is the Kaya identity. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und seine Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Deep decarbonization: The great challenge of the future. 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. We are evolving our production process to reduce its carbon footprint every step of the way. Energy Vault is inspired by pumped hydro plants that rely on the power of gravity to store and discharge energy, combined with their own material science and software innovations that replaces water with custom-made composite blocks, made with locally sourced soil or waste material, which are then lifted and lowered to store and release energy on-demand. Optimistically, our analyses show that CO 2 emissions could be reduced by 75 percent by 2050 (Exhibit 3). Adems, el equipo del Centro de Innovacin y Desarrollo invit a los asistentes a compartir sus . Through Vertua, CEMEX is helping its customers to help building a better, more sustainable future. September 30, 2022 | seekingalpha.com . share: Share on Facebook Tweet on Twitter Post to Reddit. Sales rose 8% in the U.S. on flat cement volume and 4% growth in ready-mix, while pricing rose 6% and 5%, respectively. En #CEMEX estamos convencidos que para avanzar hacia un mejor futuro debemos implementar acciones que nos permitan construir ciudades y entornos sostenibles para todos y todas. CEMEX, Synhelion Use Solar Energy to Decarbonize Cement 2 years ago Josephine Patterson CEMEX and Switzerland-based Synhelion developed an innovative technology that undertakes the elimination of the carbon footprint in cement by using solar energy to drive the manufacturing process. The term has gathered even more prominence since the launch of the 2015 Paris Agreement, were nearly 200 nations committed to holding this centurys average temperature to well below 2C and to pursue efforts to limit the temperature increase to 1.5C above pre-industrial levels, recognizing that this would significantly reduce the risks and impacts of climate change.. Please check our, Code of Conduct when doing business with us. Cemex SAB de CV, Cemex SAB de CV. After . CEMEX has submitted its Future in Action commitment to reach net-zero CO2 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. CEMEX (NYSE: CX) is a global construction materials company that is building a better future through sustainable products and solutions. We upgrade and modernize wherever possible. There are four main benefits of co-processing for climate action: Reduction of CO2 emissions in our cement manufacturing process. We adapt to new realities and seize emerging opportunities. CEMEX is working with the Science-Based Targets initiative (SBTi) to validate its 2050 net-zero CO2roadmap and its 2030 decarbonization goals to align with the latters recently announced 1.5 C scenario. The Industrial Efficiency & Decarbonization Office (IEDO) accelerates the innovation and adoption of cost-effective technologies that eliminate industrial GHG emissions. 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. Clean Steel and Cement Decarbonization Webinar. 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. Based on preliminary estimates industry and residential sectors were already at the same level or higher than in the same period in 2019. The record-breaking CO2reduction we achieved through Future in Action in the past 18 months gives us confidence that a more accelerated pathway for 2030 is possible. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario. The Advanced Manufacturing & Materials Technologies Office (AMMTO) advances energy-related materials and manufacturing technologies to increase domestic competitiveness and build a clean, decarbonized economy. 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. Optimizing thermal efficiency in our kilns. 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. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. Additionally, the technology would target operating expenditures as low as US$30 per metric ton of CO2 at an industrial scale. 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. The company is advancing in the progress of cutting-edge research and developing technologies and construction solutions that contribute to the mitigation of CO2 emissions, enhance energy efficiency of buildings, improve the resiliency of structures, intensifies long-lasting structures and the maximizes resources by circulating products, components, and materials in use at the highest possible levels always. Our Swiss portfolio company, who recently announced they are going public in the NYSE through a PIPE agreement, developed a transformative, long-duration energy storage solution. Canada; United States; Colombia; Mexico; Brazil . Read More . As rapid CO2 production combines with impending climate change, rapid urbanization and deforestation, natures ability to do this job by itself has slowed down. At the event, Cemex's CFO, Maher Al-Haffar, spoke about Cemex's decarbonization pathway, the experience of aligning its investments to the SDGs, and the innovations required to deliver only net-zero concrete by 2050. CEMEX, S.A.B. CEMEX greets you on the occasion of Al-Mawled Al-Nabawi. 03 Decrease the amount of waste deposited in landfills. He also works in the broader field of industrial decarbonization, including synergies between industry and power generation. The UK based startup is the developer of one of the most promising and advanced carbon capture technologies in the market to date. publishDate1 Thu, 06 Oct 2022 11:46:00 +0000. After working with them since 2020, in August 2021 we announced the addition of Carbon Clean into our investment portfolio, putting us one step closer to achieving CEMEXs climate action goals. Wander through the quaint alleys in Moulins and see a variety of cultural displays and architectural wonders. There are four main benefits of co-processing for climate action: 01 Reduction of CO 2 emissions in our cement manufacturing process. It also integrates the entire supply chain into the process, from design to assembly on site. CEMEX, S.A.B. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. 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.. 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. It's not an overnight shift. 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). The companys intention to align its roadmap to SBTis Net-Zero Standard reflects its confidence that it is on the right path to net-zero and contribute meaningfully to the worlds 2050 goal. By 2050, in several scenarios over 90% of cement plants incorporate carbon capture with up to 120Mt CO2 captured. CEMEX, S.A.B. Empresas/Publicar empleo. ; MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario 10/06/2022 | 08:30am EDT CEMEX, S.A.B. While both of these processes involve removing carbon, they do it in very different ways. The LEILAC 2 project is funded by the European Union's Horizon 2020 research and innovation program. 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. decarbonization technologies analyst en Madrid Amrica. It is committed to having the most ambitious decarbonization pathway in the building materials industry. Of those, almost half of industrys CO2 emissions result from the manufacture of the four industrial commoditiesammonia, cement, ethylene, and steel. 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. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. The companys previous goals were aligned to the Well-Below 2 C scenario. of our cement operations' electricity came from clean electricity. Carbon dioxide (CO2) is a greenhouse gas formed by the combustion of carbon and by the respiration of living organisms. After helping develop the new 1.5 framework as a member of the SBTis Expert Advisory Group, CEMEX has now aligned its Future in Action goals to the new standard and submitted them for review by the SBTi. Our collaboration with CEMEX is another step towards our ambition to be a net zero company by 2050 or sooner and help the world to get to net zero." Notes to editors About bp When COVID-19 hit the world by storm during the beginning of 2020, some hopeful reports indicated that due to the economic halt worldwide, and a massive pause in the way people consumed resources pre-pandemic, the greenhouse gas emissions started seeing a notable decrease. . 2022 SEMCO Publishing, Inc. All rights reserved. We also had to balance the aspirations of government and industry by developing low-carbon roadmaps that could maintain industrial competitiveness. 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. We are pragmatic and thorough. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. CEMEX, S.A.B. New types of clinker and substitutes with a lower carbon footprint: attention has increased in the development of new types of clinker, the main ingredient in the cement fabrication process, Alternative to fossil fuels: A key component in reducing emissions from combustion processes. de C.V. ("CEMEX") announced today that it is working with the Science-Based Targets initiative (SBTi) to validate its 2050 net-zero CO 2 roadmap and its 2030 decarbonization goals to align with their recently announced 1.5 C. Cement producers face a challenge like no other, and the moment to act has come upon us. According to the European Commission Joint Research Centre, when it comes to deep decarbonization in the cement industry, the development and implementation of carbon capture and storage technologies are unavoidable. Cemex S.A.B. 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 . 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. . de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. The light aggregates produced by Arqlite, part of our investment portfolio since 2020, represent a great advance in sustainable construction, multiplying thermal and acoustic insulation by ten times when compared to mineral aggregates, while offering better construction quality and greater energy conservation. Newly Updated for 2022! 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. CEMEX currently uses 3 million tons of industrial residue each year, but plenty gets discarded due to its low reactivity. How did we do it? Accordingly, undue reliance on forward-looking statements should not be placed, as such forward-looking statements speak only as of the dates on which they are made. 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). 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. 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. . Mitigating climate change and decarbonizing the construction industry is our top priority, said Fernando A. Gonzlez, CEO of CEMEX. Carbon dioxide is removed from the atmosphere (or sequestered) when it is absorbed by plants as part of the biological carbon cycle. 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 Ambitious Decarbonization Pathway, Carbon Upcycling Joins WCAs Expanding Network, GCC Makes Moves in Senior Leadership Lineup, Heidelberg Materials, Leilac Ink Global License Agreement, Lafarge Canada, Carbon Upcycling Partner to Reduce Carbon, Argos Honduras Starts Hydrogen Injection Process at Piedras Azules. We are evolving our production process to reduce its carbon footprint every step of the way. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. It a tough road ahead, but we are confident we are on track to making positive change for the cement, concrete, and construction sectors. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. The record-breaking CO2 reduction we achieved through Future in Action in the past 18 months gives us confidence that a more accelerated pathway for 2030 is possible. Unlike other industries that may be further along in the process, the development of new technologies to decarbonize cement might not be scalable for years. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario. Deep decarbonization of the industries is key to the efforts being done worldwide to limit the global temperature increase in this century to 2 degrees Celsius above preindustrial levels, while pursuing the means to limit the increase to 1.5 degrees. 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. We improve the efficiency of existing energy assets. de C.V. 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) . Sumali ngayon Mag-sign in Post ni CEMEX. 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. 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. Cemex was also present at the SDG Investment Forum organized by the UNGC's CFO Coalition. CEMEX UAE , WA . 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. As the issue becomes stronger for many industries responsible of most of the carbon emissions, the construction sector is doing its part to keep the numbers in check. Huwag pansinin. CEMEX recently announced it is increasing its already ambitious target to reduce CO2 emissions: Goal is to reduce carbon emissions in cement business to 40% by 2030 when compared to 1990 emission levels Working toward delivering net-zero CO2 concrete globally by 2050 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. The Climate Action Tracker released on May 2021 demonstrates that with the current policies enforced in major countries, the Earths temperature could see a 2.9C increase by 2100. 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