CEMEX signed an agreement with 3M in Panama to process their industrial waste, expanding the company’s pioneering use of alternative fuels. The collaboration aligns with CEMEX’s Future in Action strategy to reduce its carbon footprint and contribute to a circular economy.
3M will transfer approximately 30 tons of waste with a high calorific value, such as residual foam and wool, from its manufacturing process to CEMEX annually. The building materials company will then use the waste as an alternative fuel to produce high-quality cement for the Panama market.
“We are very pleased to make this alliance that strengthens our company’s path toward our carbon neutrality goal by 2050. CEMEX and the building materials industry can play an important role in the creation of a truly circular economy. As evidenced by this agreement, we welcome this challenge and are moving aggressively to create the better circular world of the future,” said Jesús González, president of CEMEX South, Central America, and the Caribbean.”
Enrique Aguirre, managing director of 3M in the Central America and Caribbean Region, added, “With this agreement, we will ensure that our waste has a second use and carry out the co-processing of our waste, valuing the waste as an alternative fuel; helping to reduce greenhouse gas emissions, better waste management, and reduction in the use of fossil fuels.”