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News Cemex Ventures enlarges investment in Synhelion

Cemex Ventures enlarges investment in Synhelion

Written by Global Cement staff 16 December 2022
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Switzerland: Cemex's innovation investments subsidiary Cemex Ventures has made a further investment in solar-powered clinker production system developer Synhelion. Synhelion's technology enables cement plants to entirely replace fuels in their cement production with concentrated solar heat. Cemex Ventures said that its investment reflects the importance of sustainable fuel alternatives for Cemex's 2050 net zero CO2 emissions strategy.

Other investors include oil company Eni, engineering company SMS Group and airline Swiss.

Last modified on 21 December 2022
Published in Global Cement News
Tagged under
  • Cemex
  • Cemex Ventures
  • Synhelion
  • solar reactor
  • Kiln
  • CO2
  • Sustainability
  • Fuel
  • target
  • Strategy
  • Investment
  • ENI
  • SMS Group
  • Swiss
  • Stake
  • GCW588
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