Displaying items by tag: Cemex
Cemex Latam Holdings to expand Guatemala City grinding plant
16 September 2021Guatemala: Cemex Latam Holdings plans to invest US$25m in installing a new mill at its 500,000t/yr Guatemala City grinding plant. The company says that the mill will increase the plant’s capacity by 80% to 900,000t/yr.
Cemex South America, Central America and Caribbean president Jesus Gonzalez said "This investment reinforces Cemex's commitment to Guatemala's development and reflects our confidence in the favourable outlook of the economy in the country and the region." Gonzalez added “We are excited about expanding our offer of products and solutions to the market which contribute to sustainable construction, like Vertua, our family of net-zero and low carbon products."
Cemex UK completes rail depot upgrades
13 September 2021UK: Cemex UK has carried out track improvements and extensions at its Attercliffe, Small Heath and Bletchley rail depots. The works included a new siding and storage bays for offloading at Small Heath. Meanwhile, improvements at the Attercliffe depot will enable delivery vehicles to safely use the same area in the day as trains do at night.
Rail and sea manager Mark Grimshaw-Smith said “The summer months have provided us with the perfect opportunity to complete a considerable programme of investment into track at three of our rail depots. These sites are all very different, and spread out across the country, but they are all important parts of our rail network and ripe for development.” He added, “As our use of trains to transport our materials increases, it is vital that we have the infrastructure in place to support this. Further investment is planned at some of our other UK railheads over the coming months.”
The company is in the process of a transition to rail and sea transport from road. Progress in 2020 eliminated 17,500t of CO2 emissions from 150,000 road movements not taken.
Cemex to launch cement industry’s first zero-emissions cement fleet
10 September 2021Mexico: Cemex has partnered with Sweden-based Volvo to develop a zero-emissions cement fleet. The implementation will extend to mobile construction equipment, trucks, productivity solutions, and uptime services. A Cemex European site will host trials of the technologies.
Head of global sustainability Vicente Saiso said “Working together with a leading global company in electromobility construction equipment and trucks such as Volvo will strengthen our efforts to address climate change and reduce our carbon footprint to reach net zero by 2050. We are excited to collaborate and develop a roadmap to introduce electric trucks and equipment throughout our operations.”
Cemex UK relaunches pallet recovery service
09 September 2021UK: Cemex UK has relaunched its used pallet collection service. The scheme aims to reduce timber waste in its supply chain, according to the company. It forms part of its Future in Action – Committed to Net Zero CO2 climate action strategy. Its partner ELM will collect stockists’ pallets free of charge for refurbishment and return to Cemex UK. It will reuse all repaired pallets and recycle those damaged beyond repair.
Packed cement sales manager Graeme Barton said “We want to make life easier for our merchants to work with us to reduce waste. We’d like to make pallet recovery part of the standard delivery process, as many pallets still end up in landfill. It is increasingly costly to dispose of pallet waste and there is far greater value to be gained by recycling and reuse. Rising timber costs, combined with pallet shortages, means there is a heightened need to conserve and maintain pallets throughout the supply chain. Recovery is considerably more cost effective than buying new replacements.” He added “Pallets are a standard format in transporting building products and contribute a significant financial and environmental cost which needs to be captured by the user. We saw a similar situation with supermarkets and plastic bags, but we’d rather not wait for legislation to enforce this; we’d really like to make a difference now with preventative action. The pallet recovery service is regenerative by design and aims to support the key principals of the circular economy to benefit business, society and the environment. If we all pull together it will have a significant impact across the whole supply chain.”
Cemex launches sustainability-linked financing framework
08 September 2021Mexico: Cemex has launched a sustainability-linked financing framework. It says that it is the ‘most comprehensive’ such framework in the building materials sector. The framework further aligns Cemex’s corporate sustainability commitments to its financing strategy, as part of its ‘Future in Action’ program. It establishes Cemex’s guiding principles when issuing new sustainability-linked financing instruments, including public bonds, private placements, loans, derivatives, working capital solutions and other financing instruments. Sustainalytics, an independent company that specialises in providing environmental, social and corporate governance research, ratings and data to institutional investors and companies, validated the framework’s alignment with the Sustainability-Linked Bond Principles, the International Capital Market Association’s Climate Transition Finance Handbook and the Loan Market Association’s Sustainability-Linked Loan Principles.
“Climate change is one of the biggest challenges of our time, and we will continue to address it as a fundamental component of our business strategy,” said Maher Al-Haffar, Cemex's chief financial officer. “Cemex is committed to increasing the role sustainable finance plays in its capital structure by potentially linking the cost of financial instruments to the achievement of targets, directly aligning our corporate finance strategy to sustainability commitments and further contributing to a low-carbon future.”
Cemex has included three key performance indicators in the framework: net CO2 emissions per tonne of cementitious product, clean electricity consumption and alternative fuels rate. All of them were qualified by Sustainalytics and deemed aligned with the company’s climate action strategy. Cemex currently has a 2030 target of reaching below 475kg/t of CO2 for cementitious products.
Cemex USA to establish new aggregates plant in Alabama
24 August 2021US: Cemex USA has announced plans for an upcoming 600,000t/yr aggregates plant in Brierfield, Alabama. The Birmingham Business Journal newspaper has reported that, when operational, the plant will supply the company’s ready-mix concrete operations in the state. The subsidiary of Mexico-based Cemex operates 30 batching plants in Alabaster, Tuscaloosa and Vance.
Mid-South regional president Marc Tyson said “The Brierfield plant gives us a new opportunity to support our existing customers and earn the business of new ones by leveraging the wealth of experience of our team and providing them materials sourced from all parts of Cemex USA's supply chain.”
Cemex joins research consortium
20 August 2021Mexico: Cemex has announced that it will join forces with the National Autonomous University of Mexico (UNAM) and Tecnológico de Monterrey (TEM) to promote Research and Development projects focused on ‘solving the company's current needs to offer more value to its customers, suppliers and stakeholders.’ Cemex has joined the Consortium for Research, Technology Transfer and Entrepreneurship UNAM - TEC through the signing of a ‘’ memorandum of understanding’ that took place on 19 August 2021.
"Cemex recognises the value and capacity of UNAM and TEM for the development of research,” said Ricardo Naya, President of Cemex Mexico. “We are convinced that by joining the Consortium we are taking an important step towards solving the real and current challenges we face as a company. This alliance will help us accelerate our innovation projects, such as the Future in Action program, with which we seek to achieve carbon neutrality, among many other projects that we hope to promote with both academic institutions.”
Mexico: Cemex has supplied over 100,000m3 of its Vertua concrete product range to projects in its home country. Deliveries reached 113,000m3 to 1700 projects by the end of July 2021. Outstanding orders exceed 500 projects. The company launched the low and net-zero CO2 concrete products in early 2021.
Cemex to convert car and van fleet to hybrid and electric models in Europe, Middle East and Africa region
09 August 2021World: Cemex has launched the conversion of its European, Middle Eastern and African (EMEA) fleet of company cars and vans to hybrid and electric versions. The measure forms part of its Future in Action strategy towards achieving net zero CO2 emissions.
Supply chain and procurement vice president Graham Russell said “As we accelerate our journey to net zero CO2, we are committed to addressing all aspects of our CO2 emissions.” He added “Advances in technology enable us to move efficiently to a cleaner fleet with lower carbon solutions from today.”
Cemex to upgrade Rockfort cement plant in Jamaica
06 August 2021Jamaica: Cemex plans to upgrade its integrated Rockfort plant. The project will increase the unit’s production capacity by around 0.3Mt/yr. At present it has a capacity of 2Mt/yr. The expansion will introduce new grinding additives to the manufacturing process and further enhance the production of low clinker products in the region. The upgrade is planned for the second half of 2022. Cemex operates locally through its subsidiary, Caribbean Cement.
"At Caribbean Cement Company, we reiterate our commitment to the sustainable development of Jamaica's economy. With this investment, we will create jobs and promote the local industry in the country while minimising our carbon footprint," said Jesus Gonzalez, president of Cemex South, Central America and the Caribbean.