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News Cemex and BP launch net-zero CO2 emissions partnership

Cemex and BP launch net-zero CO2 emissions partnership

Written by Global Cement staff 14 May 2021
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Mexico: Cemex has partnered with UK-based oil company BP to accelerate the progress of its ambition for net-zero CO2 concrete by 2050. The partners have signed a memorandum of understanding to develop cement production and transport decarbonisation solutions. Such solutions include the transition to reduced-emissions power and vehicles, energy efficiency-improvements, carbon capture and storage (CCS) and carbon offsetting. In addition, the companies will collaborate on urbanisation solutions to decarbonise cities.

Sustainability, commercial, and operations development executive vice president Juan Romero said “Concrete plays an integral role in society, and there are no substitutes for its key attribute – strength and resilience. We believe it will continue to have a critical role in a low carbon economy, and the challenge for the industry is to find solutions to the manufacturing process emissions.” He added “This initiative with BP is another example of the work we are doing with partners across industries, academia, and startups to tap into the latest innovation and disruptive technology to achieve our ambition of delivering net-zero CO2 concrete globally to all of our customers.”

Last modified on 19 May 2021
Published in Global Cement News
Tagged under
  • GCW506
  • Mexico
  • Cemex
  • BP
  • Sustainability
  • concrete
  • Memorandum of Understanding
  • CCS
  • carbon offsetting
  • CCUS
  • carbon capture
  • decarbonisation
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