Displaying items by tag: Cemex España
Spain: Cemex España plans to install a new tertiary mill in its Alicante cement plant’s refuse-derived fuel (RDF) line. The project, called Molentis, is scheduled for completion in early 2025 and will cost €6m. The Molentis upgrade will help the Alicante cement plant to raise its RDF substitution rate by 8%, according to the producer. This in turn will reduce its CO2 emissions by 6700t/yr. The Spanish Ministry of Industry, Energy and Tourism granted €4.4m toward the project to Cemex España under its Innovation and Sustainability Plan.
Cemex España director of operations Benjamín Cabrera said "Molentis will enable us to advance towards climate neutrality and position the Alicante factory at the forefront of new technologies in the decarbonised industry."
Spain: Cemex España has announced its participation in the HYIELD consortium, which plans to build a waste-to-hydrogen demonstration plant at the producer’s Alcanar cement plant in Catalonia. The demonstration plant will process a total of 2000t of biogenic waste to produce 400t of green hydrogen for use as fuel, fertiliser and for other applications. The trial commands Euro10m in funding from the EU’s research and innovation funding programme Horizon Europe. Parent company Cemex believes that the technology being demonstrated at Alcanar has the potential to process 300Mt/yr of waste across Europe and produce 30Mt/yr of hydrogen.
Cemex’s Europe, Middle East and Africa regional president Sergio Menendez said “As part of its drive towards reaching net zero by 2050, Cemex is committed to partnering with like-minded organisations to explore the very latest innovations in more sustainable technology that can support the cement production process. We are proud to provide one of our cement plants in Spain as the location for the HYIELD trial and excited to see the outcomes from this research and development project.”
Cemex España loses appeal against Euro456m fine
22 November 2023Spain: The Supreme Court of Spain ruled in favour of tax authorities in their pursuit of Cemex España for its accounting of reported losses in the 2006 – 2009 financial years on 21 November 2023. The authorities imposed a Euro456m fine on the company following an audit in July 2011.
Mexico-based Cemex said that is has ‘sources of liquidity’ available to pay the fine, which it now anticipates that it will do before the end of June 2024.
Cemex ‘categorically’ disagrees with the imposition of the penalty. The group maintains that the losses Cemex España declared were not used and since 2012 have not been accounted for in its financial statements.
Cemex España acquires two quarries near Madrid
31 August 2023Spain: Cemex España has bought two new quarries near Madrid. The producer said that the quarries will strengthen its limestone reserves. It added that they include ‘all necessary elements’ for it to increase its services to the Madrid market.
Cemex’s Europe, Middle East, Africa and Asia regional president Sergio Menéndez said “These acquisitions strengthen our existing network and enable us to better serve a growing market with high-quality, sustainable and circular products. We are excited to be part of Madrid’s growth, which contributes to improving the quality of life of its residents and setting an example for more sustainable and circular cities.”
Spain: Residents of Cartagena, Murcia, have protested Cemex’s plans to begin mining pozzolan at new sites locally. The Murcia Plaza newspaper has reported that the protestors are calling for a mining ban, in line with their interpretation of the area’s Rural Area of Special Environmental and Social Sensitivity designation.
Spain: Switzerland-based Synhelion and Cemex España plan to build a new clinker plant near Madrid. The plant will use Synhelion’s synthetic fuel to produce clinker from clay and crushed sand at 1200°C. The fuel consists of a gas produced from green hydrogen and captured CO2, using solar heat. La Tribune de Genève Online News has reported that Synhelion’s thermochemical reactor further helps to capture CO2 emissions from clinker production. A study by the Swiss Federal Institute of Technology Lausanne indicated that this can halve the cost of carbon capture at cement plants, to below Euro85/t.
Spain: Cemex España has secured Euro4.4m in EU funding for an upgrade to its Alicante cement plant in Valencia. The project will launch the use of Clyngas synthetic gas as alternative fuel (AF) at the plant. Thermochemical conversion specialist WtEnergy, a subsidiary of Cemex Ventures, will supply the syngas. The partners say that this upgrade will reduce CO2 emissions by 400,000t per decade.
Parent company Cemex said "This project is part of Cemex’s Future in Action programme, which seeks to achieve sustainable excellence through climate action, circularity and natural resource management, with the primary objective of becoming a net-zero CO2 company."
Spain: Cemex España and ecology company Cinclus have extended their quarry rehabilitation partnership to a national level. Under the extended collaboration, the partners will implement restoration plans for all of Cemex España’s quarries, in line with the cement producer’s Biodiversity Action Plans.
Spain: Cemex España will install a carbon capture system at its Alicante cement plant in Valencia, as part of its efforts to make the unit a 'benchmark pioneer low-CO2' cement plant. The producer holds a contract with ET Fuels for the supply of 45,000t/yr of CO2 captured at the facility for methanol production.
Chief executive officer Fernando González said “Our goal of reaching net-zero CO2 emissions is achievable and will be driven by collaboration and innovation. Our decarbonisation roadmap includes reducing emissions to the lowest possible level through proven levers such as clinker substitution and alternative fuels. New levers, such as rapidly developing CCUS initiatives, must effectively tackle the remaining CO2 emissions to hit our ambitious 2050 objectives.”
Colombia: Spain-based Cemex España is offering to acquire non-Cemex-owned shares in Cemex Latam Holdings. Sentido Común News has reported that the move prefigures Cemex Latam Holdings' planned delisting from the Colombian stock exchange to become an independent company. Mexico-based Cemex will consider its divestment under the group's asset optimisation strategy. The company said that the current offer gives investors the chance to exit. It expects to conclude all transactions by 1 May 2023.