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Any or all of CEMEXs forward-looking statements may turn out to be inaccurate. 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. 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. There are four main benefits of co-processing for climate action: Reduction of CO2 emissions in our cement manufacturing process. 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 . 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). But decarbonization takes time. As part of this verification process, CEMEX will also establish 2030 and 2050 targets for its main scope 3 emissions. 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. Please check our, Code of Conduct when doing business with us. Exhibit 3 After . This website uses cookies to deliver you a better experience. 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. Cement producers face a challenge like no other, and the moment to act has come upon us. 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. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. For example, CEMEX, the largest concrete producer in the Western world, has taken upon the challenge to decrease their environmental impact by imposing aggressive climate action targets that look to reduce the companys CO2 emissions in its concrete business by 35% by 2030, and reach its net-zero ambition by 2050. Dies geschieht in Ihren Datenschutzeinstellungen. 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. Barriers to Industrial Decarbonization While Fig. CEMEX, S.A.B. 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. The construction industry needs to face decarbonization as a serious matter, especially the players in the cement manufacturing industry. The result is a resilient supply of power and storage capacity with a system designed to have greater operational flexibility for short and long duration storage, high round-trip-efficiency, lower capital and operating expenses, and an overall higher asset efficiency than competitors given the lack of degradation in the storage medium over time. Reducing the clinker factor in our cement. 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. Consequently, decarbonization will also require absorbing carbon from the atmosphere by capturing emissions and enhancing carbon storage in agricultural lands and forests. 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. Huwag pansinin. CEMEX 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 the latter's recently announced 1.5 C scenario. Empresas/Publicar empleo. Future in Action starts in our operations. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. With this, CEMEX is committed to having 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.. Sie knnen Ihre Einstellungen jederzeit ndern. Its U.S. network includes 10 cement plants, close to 50 strategically located cement . CEMEX has successfully converted CO2 into carbon nanomaterials in a laboratory setting. publishDate1 Thu, 06 Oct 2022 11:46:00 +0000. 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 is the term used for removal or reduction of carbon dioxide output of a countrys economy. Vertua has seen excellent market adoption, so much so that CEMEX expects that Vertua lower-carbon products should account for most of its sales by 2025. 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. These potential solutions may include low carbon power, low carbon transport, energy efficiency, natural carbon offsets, and carbon capture, utilisation, and storage technologies. 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. 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 . Our collaboration with CEMEX is. Total technically achievable CO2 reduction 73% Deadline for decarbonisation For this, we added sustainability as a subdivision in our Top 50 Contech Startups of 2020 to highlight those startups who have very promising projects that tackle this issue. In 2020 it was ranked as the 5th largest cement company (by amount of cement produced) in the world, at 87.09 million tonnes. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. Increasing the use of alternative fuels instead of regular fossil fuels. 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. 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). BETA. 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. 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. C Scenario. Read More . 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. 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. The Environmental Defense Fund states that decarbonizing heavy industry is difficult because its direct emissions are the byproducts of chemical reactions or related to processes that require very high heat or fossil fuels. 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. Additionally, the technology would target operating expenditures as low as US$30 per metric ton of CO2 at an industrial scale. The companys previous goals were aligned to the Well-Below 2 C scenario. 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. Global Warming has a devastating impact on the people and planet. 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. 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. Future in Action starts in our operations. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. "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." Stock Titan. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. October 6, 2022 - 7:30 am. ; 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. CO2 emissions stem from the burning of fossil fuels (coal, natural gas, and oil), solid waste, trees, and other biological materials, as well as a result from certain chemical reaction, like the manufacturing of cement. 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. We adapt to new realities and seize emerging opportunities. of our plants co-processed close to 3.3 million tons of waste as alternative fuels. , 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. These forward-looking statements reflect CEMEXs current expectations and projections about future events based on CEMEXs knowledge of present facts and circumstances and assumptions about future events, as well as CEMEXs current plans based on such facts and circumstances. Por ello, estamos comprometidos a seguir contribuyendo e innovando con soluciones y productos sostenibles, que nos permitan dar un paso al frente para transformar nuestro . 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. 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. We are evolving our production process to reduce its carbon footprint every step of the way. net CO2 emissions per ton of cementitious product, avoiding 8.6 million tons. 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. 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. 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 and encourages others within the industry to do the same. 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. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5? The UK based startup is the developer of one of the most promising and advanced carbon capture technologies in the market to date. CEMEX, S.A.B. CEMEXs previous goals were aligned to the Well-Below 2C scenario. 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. Mitigating climate change and decarbonizing the construction industry is our top priority, said Fernando A. Gonzlez, CEO of CEMEX. 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. As the eyes of the CEMEX on the outside, its our duty to be on top of the latest trends in the construction industry. 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. Decarbonization is the term used for removal or reduction of carbon dioxide output of a country's economy. Order your copy now. Based on preliminary estimates industry and residential sectors were already at the same level or higher than in the same period in 2019. Carbon dioxide is removed from the atmosphere (or sequestered) when it is absorbed by plants as part of the biological carbon cycle. Using this website means you are okay with this. Stock. 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 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. 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 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," observes bp Senior Vice President for Latin America Angelica Ruiz. . 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. #CEMEXUAE #CEMEX. CementScope CEMEX, decarbonization, HeidelbergCement October 18, 2022 En concreto, un futuro sostenible hoy! It a tough road ahead, but we are confident we are on track to making positive change for the cement, concrete, and construction 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. EBITDA declined 7%, with margin down 250bp to 15.9%. The firm claims both new targets were developed using the Science-Based Targets initiative's (SBTi) methodology, in line with the Paris Agreement's 1.5C trajectory. John Milko, Policy Advisor for Climate and Energy Program, Third 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. 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