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. At plant scale, an RDH apparatus running on renewable energy sources could . 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. It encourages others within the industry to do the same. This project is part of CEMEX's Future in Action program to reduce its carbon footprint and contribute to a circular economy and an integral component of CEMEX's master plan to . CEMEX recently announced it is increasing its already ambitious target to reduce CO2 emissions: Goal is to reduce carbon emissions in cement business to 40% by 2030 when compared to 1990 emission levels Working toward delivering net-zero CO2 concrete globally by 2050 de C.V. ("CEMEX") (NYSE: CX) announced today that the Carbon Trust has validated its roadmap to decarbonize global operations in line with the Sectoral Decarbonization Approach (SDA) 2-degree scenario (2DS) developed by the International Energy Agency (IEA). After . The company is advancing in the progress of cutting-edge research and developing technologies and construction solutions that contribute to the mitigation of CO2 emissions, enhance energy efficiency of buildings, improve the resiliency of structures, intensifies long-lasting structures and the maximizes resources by circulating products, components, and materials in use at the highest possible levels always. Moderator: Ellen Hughes-Cromwick, CBE, Senior Resident Fellow for Climate and Energy Program, Third Way; NABE Climate Economics & Finance . 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. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. 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. He also works in the broader field of industrial decarbonization, including synergies between industry and power generation. 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. Reducing the clinker factor in our cement. Consequently, decarbonization will also require absorbing carbon from the atmosphere by capturing emissions and enhancing carbon storage in agricultural lands and forests. CEMEX S.A.B. decarbonization technologies analyst en Madrid Amrica. According to the European Commission Joint Research Centre, when it comes to deep decarbonization in the cement industry, the development and implementation of carbon capture and storage technologies are unavoidable. Optimizing thermal efficiency in our kilns. 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. Mga Trabaho Mga Tao Natututo Huwag pansinin Huwag pansinin. To achieve deep decarbonization, we must rethink the way energy is produced and consumed, ergo calling for a switch towards low carbon energy sources and renewable energy. However, only a small portion (around 20 percent) will come from operational advances, while the remainder will need to come from technological innovation and new growth horizons. These potential solutions may include low carbon power, low carbon transport, energy efficiency, natural carbon offsets, and carbon capture, utilisation, and storage technologies. 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. It is committed to having the most ambitious decarbonization pathway in the building materials industry. In 2020 it was ranked as the 5th largest cement company (by amount of cement produced) in the world, at 87.09 million tonnes. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. As an Investment Analyst in DecarbonizationTechnologies within CEMEX Ventures you will provide industry and technology expertise and insights in the application of Decarbonization technologies. 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. #CEMEXUAE #CEMEX. For more information, please visit: cemex.com. 04 Minimizing public investment costs for new waste facilities. We improve the efficiency of existing energy assets. The Canada based startup Carbon Upcycling Technologies developed a technology to improve the processing of residue and by-products of industrial processes, capturing CO2 emissions to produce nanomaterials with greater reactivity and a lower carbon footprint. 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. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Decarbonization is the term used for removal or reduction of carbon dioxide output of a countrys economy. Please check our, Code of Conduct when doing business with us. It a tough road ahead, but we are confident we are on track to making positive change for the cement, concrete, and construction sectors. MEXICO CITY--Mexican cement and construction materials company Cemex SAB de CV swung to a profit in the third quarter, with revenue rising on higher prices but increased costs cutting into operating gains. This is usually done by decreasing the amount of CO2 emitted across the active industries within that economy. Sadly, fast-forward to late 2021, and numbers show that concentrations of the major greenhouse gases CO, CH and NO continued to increase later in 2020 and the first half of 2021. Mitigating climate change and decarbonizing the construction industry is our top priority, says Fernando A. Gonzlez, CEO of CEMEX. 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. de C.V. ("CEMEX") (NYSE: CX) announced today that the Carbon Trust has validated its roadmap to decarbonize global operations in line with the Sectoral Decarbonization Approach (SDA) 2-degree scenario (2DS) developed by [] These statements necessarily involve risks, uncertainties, and assumptions that could cause actual results to differ materially from CEMEXs expectations, including, among others, risks, uncertainties, and assumptions discussed in CEMEX's most recent annual report and detailed from time to time in CEMEXs other filings with the Securities and Exchange Commission, which factors are incorporated herein by reference, which if materialized could ultimately lead to CEMEX not reaching the goals stated in this press release. Decrease the amount of waste deposited in landfills. The Industrial Decarbonization Roadmap focuses on five of the highest CO 2 -emitting industries where industrial decarbonization technologies can have the greatest impact across the nation: petroleum refining, chemicals, iron and steel, cement, and food and beverage. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario. 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. CEMEX joins forces with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG in a milestone project that will combine CO 2 with hydrogen to produce sustainable aviation fuel. Decarbonization technologies on the radar. Newly Updated for 2022! This proprietary system is orchestrated by Energy Vaults AI-enabled software platform that incorporates advanced computer control and machine vision. Deep decarbonization of the industries is key to the efforts being done worldwide to limit the global temperature increase in this century to 2 degrees Celsius above preindustrial levels, while pursuing the means to limit the increase to 1.5 degrees. ; 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. Dies geschieht in Ihren Datenschutzeinstellungen. Huwag pansinin. . 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. Location: Madrid, Madrid, Spain, 28027 As an Investment Analyst in DecarbonizationTechnologies within CEMEX Ventures you will provide industry and technology expertise and insights in the application of Decarbonization technologies in the build environment, with a focus on Carbon Capture, Utilization and Storage (CCUS). CEMEX, S.A.B. This puts us in a favorable position when it comes achieving our 2050 goals. We are evolving our production process to reduce its carbon footprint every step of the way. As part of this verification process, CEMEX will also establish 2030 and 2050 targets for its main scope 3 emissions. CementScope CEMEX, decarbonization, HeidelbergCement October 18, 2022 . To ensure we are on the right track, we have set the most ambitious 2030 targets available to the industry: 2030 40% less of CO 2 / ton of cementitious material* 35% less of carbon content in concrete* 55% in clean electricity consumption To reach 71% of clinker factor To reach 50% in alternative fuels substitution rate 2050 Our goal is to build a resilient ecosystem around the entire value chain of a construction project, by means of decarbonizing the built environment through the mitigation of CO2 footprints and giving a new chance to used and demolished . CEMEX is a global building materials company that provides high-quality products and reliable services with a rich history of improving the wellbeing of those it serves through innovative building solutions, efficiency advancements and sustainability efforts. As the issue becomes stronger for many industries responsible of most of the carbon emissions, the construction sector is doing its part to keep the numbers in check. of our cement operations' electricity came from clean electricity. Future in Action starts in our operations. When COVID-19 hit the world by storm during the beginning of 2020, some hopeful reports indicated that due to the economic halt worldwide, and a massive pause in the way people consumed resources pre-pandemic, the greenhouse gas emissions started seeing a notable decrease. 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. CEMEX is working with the Science-Based Targets initiative (SBTi) to validate its 2050 net-zero CO2roadmap and its 2030 decarbonization goals to align with the latters recently announced 1.5 C scenario. By partnering and investing in startups who are developing innovative technologies that can help decarbonize the industry, not only in the cement production but also in the materials delivery and construction process, we make true to our claim Fostering the construction revolution. It's not an overnight shift. Deep decarbonization is whats needed to not let the global 2C target slip through our fingers. 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. 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 align with their recently announced 1.5 C. 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. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. Through this action, our indirect emissions, related to the electricity consumed in our plants, also contribute to reducing our carbon footprint. The best approach to understanding decarbonization is the Kaya identity. Increasing the use of decarbonated raw materials in clinker. 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 . to deliver reliable and sustainable electricity. Deep decarbonization: The great challenge of the future. Economist and former Chief Economist, CEMEX. CEMEX, S.A.B. Sumali ngayon Mag-sign in Post ni CEMEX. Cement producers face a challenge like no other, and the moment to act has come upon us. Known today as a Town of Art and History, Moulins is particularly known for its cultural character. CEMEX has worked with the Carbon Trust to conduct an extensive and rigorous examination of its global 2030 target and roadmap. Decarbonization Plus Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. 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 . CEMEX Ventures has been an early-stage investor in Carbon Clean and used the opportunity of the latest Series C funding round to increase its investment further. By 2050, in several scenarios over 90% of cement plants incorporate carbon capture with up to 120Mt CO2 captured. 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. CEMEX has successfully converted CO2 into carbon nanomaterials in a laboratory setting. CEMEX (NYSE: CX) is a global construction materials company that is building a better future through sustainable products and solutions. 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. 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. CEMEXs previous goals were aligned to the Well-Below 2C scenario. A report published by the United National Environment Programme (UNEP) identified these six industries as the most carbon-intensive sectors: According to Neal Ellliott, Senior Director at Research American Council for an Energy-Efficient Economy, decarbonizing industry will demand a mix of policies and technologies, ranging from tax incentives and carbon pricing to electrification, low-carbon fuels and carbon capture and use. Companies have several options to decarbonize cement. CEMEX, S.A.B. de C.V . Alternative fuels, particularly biomass, are a byproduct of humanity, which otherwise end up in landfills. 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 The light aggregates produced by Arqlite, part of our investment portfolio since 2020, represent a great advance in sustainable construction, multiplying thermal and acoustic insulation by ten times when compared to mineral aggregates, while offering better construction quality and greater energy conservation. The term has gathered even more prominence since the launch of the 2015 Paris Agreement, were nearly 200 nations committed to holding this centurys average temperature to well below 2C and to pursue efforts to limit the temperature increase to 1.5C above pre-industrial levels, recognizing that this would significantly reduce the risks and impacts of climate change.. 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. More frequent and intense heat waves, droughts, storms, and floods are associated to the impeding changes in temperatures, leading to communities suffering, going into new poverty levels, and a rise in mortality. September 30, 2022 | seekingalpha.com . CEMEX UAE , WA . Building On-site, reducing operation and logistic costs, and even modifying designs at the moment are some of the benefits of 3D Printing in construction. Carbon dioxide is removed from the atmosphere (or sequestered) when it is absorbed by plants as part of the biological carbon cycle. Correlation between positions in . This website uses cookies to deliver you a better experience. 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. With a global focus, we invest in innovative startups aiming to foster the construction revolution. The construction industry needs to face decarbonization as a serious matter, especially the players in the cement manufacturing industry. CEMEX greets you on the occasion of Al-Mawled Al-Nabawi. The companys intention to align its roadmap to SBTis Net-Zero Standard reflects its confidence that it is on the right path to net-zero and contribute meaningfully to the worlds 2050 goal. 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. Our approach is holistic and step by step. net CO2 emissions per ton of cementitious product, avoiding 8.6 million tons. CEMEX, S.A.B. Decarbonization is the term used for removal or reduction of carbon dioxide output of a country's economy. The basic idea behind this approach is that Cemex SAB and Decarbonization Plus should bear some resemblance to each other or to other equities in a similar class. Take a stroll through the streets in the Old Town to see some of the original design from when the city was first started in A.D. 990. Our collaboration with CEMEX is. 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. CEMEX, S.A.B. Sie knnen Ihre Einstellungen jederzeit ndern. With this, CEMEX is committed to having the most ambitious decarbonization pathway in the building materials industry. By Anthony Harrup. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5? There are four main benefits of co-processing for climate action: 01 Reduction of CO 2 emissions in our cement manufacturing process. CEMEX currently uses 3 million tons of industrial residue each year, but plenty gets discarded due to its low reactivity. It is the first company in the cement industry to introduce this technology, which could be a game-changer . CEMEX expects Vertua products to account for most of its sales by 2025. CEMEX, S.A.B. publishDate1 Thu, 06 Oct 2022 11:46:00 +0000. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. Use of alternative fuels as a measure to help counteract pollution. Each year, we discover more and more entrepreneurs who are also taking on the decarbonization route for the industry. CEMEX announced this week that they are working with the Science-Based Targets initiative (SBTi) to validate their 2050 net-zero CO2 roadmap and their 2030 decarbonization goals to align with its recently announced 1.5 C scenario. CEMEX 1y I-ulat ang post na ito The American bison herd is growing at El Carmen Nature Reserve, where it has gone from the initial 19 bison to now . 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. 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. 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.. How did we do it? bp and CEMEX have agreed to a memorandum of understanding to develop solutions to decarbonize the cement production process and transportation. Future in Action concentrates on maximizing four levers to reduce our carbon emissions, and achieve our 2030 goals: Alternative fuels can eliminate our reliance on fossil fuels, powering our kilns while also providing other benefits for the environment. CEMEX to align its decarbonization goals with most ambitious 1.5, CEMEX to align its decarbonization goals with most ambitious 1.5C scenario, This website uses cookies to deliver you a better experience. , as most of its CO2 emissions result from the cement manufacturing and the unavoidable chemical process known as calcination. CEMEX, S.A.B. 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. 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 CO2 concrete. The companys previous goals were aligned to the Well-Below 2 C scenario. It is committed to having the most ambitious decarbonization pathway in the building materials industry. CEMEX Ventures is the Corporate Venture Capital of CEMEX. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario - Business Wire. 2022 SEMCO Publishing, Inc. All rights reserved. de C.V. was founded in 1906 and is headquartered in San Pedro Garza Garca, Mexico. Innovating goes far beyond than introducing new methods and processes into the mix. of our plants co-processed close to 3.3 million tons of waste as alternative fuels. CEMEX 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 the latter's recently announced 1.5 C scenario. 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. . CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. Exhibit 3 Carbon dioxide (CO2) is a greenhouse gas formed by the combustion of carbon and by the respiration of living organisms. 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. His work encompasses the decarbonization and re-thinking of industrial processes, including the production of iron and steel and cement manufacture. 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. Of those, almost half of industrys CO2 emissions result from the manufacture of the four industrial commoditiesammonia, cement, ethylene, and steel. Cemex was also present at the SDG Investment Forum organized by the UNGC's CFO Coalition. We upgrade and modernize wherever possible. It also integrates the entire supply chain into the process, from design to assembly on site. The investment of drones in construction is relevant in all phases of its lifecycle, driving it to the day to day of technological innovation and reducing risks, time. Clinker, the key component of cement, is produced by fusing together limestone, clay, and other materials in a rotary kiln at temperatures nearing 1500 Celsius. We understand that we operate in an industry that is responsible for a significant percentage of the carbon emissions we put into the atmosphere, and that the construction industry is very fragmented when it comes to collaboration. Carbon Clean developed a novel technology (CycloneCC), which can efficiently and cost-efficiently capture CO2 from industrial processes. Cemex SAB de CV, Cemex SAB de CV. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Decarbonization, more than a trend, is also part of our responsibility. 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. Huwag pansinin. CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. 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 align with their recently announced 1.5 C scenario. Although a challenge given the complexity of the process, high costs, and the requirements to not alter the final products qualities, decarbonizing industries is key to lowering the CO2 levels from the environment and guarantee that by 2100, the worlds temperature does not skyrocket to inhumane levels. Around 18%. de C.V. ("CEMEX . Please check our, Code of Conduct when doing business with us. de C.V. ("CEMEX") (NYSE: CX) announced today its participation in the Low Emissions Intensity Lime and Cement 2 (LEILAC 2) project, a research and innovation initiative aimed to decarbonize the cement production process. CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5 C Scenario. Stock Titan. 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. 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. The winning startup from Construction Startup Competition 2019 developed a technology that processes unrecyclable plastic waste into artificial gravel that avoids the use of natural quarry aggregates and boulders in the production of light concrete with a low CO2 footprint. October 6, 2022 - 7:30 am. Fossil CO2 emissions cement, coal, oil, and gas peaked at 36.64 gigatons of CO2 in 2019, followed by an extraordinary drop of 1.98 gigatons of CO2 (5.6%) in 2020 due to the pandemic. It is now time for industry leading companies to act and guide the efforts or decarbonization to guarantee a better future for the coming generations. The waste heat recovery facility in our Solid Cement plant is helping accelerate our #decarbonization efforts, leading to our ultimate objective of becoming a netzero company by 2050. Cemex S.A.B. 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. 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.. 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. 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.

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