Cemex is exploring the potential sale of its business in the Dominican Republic as it focuses on larger markets, reported Bloomberg, noting that the non-core asset could fetch more than $1 billion.
Read More
Cemex has updated its Sustainability-Linked Financing Framework to align with its more ambitious 2030 decarbonization targets, which were announced last November and are validated by the Science-Based Targets initiative (SBTi).
Read More
Cemex and Synhelion report prospective scaling of a high-temperature process to industrially-viable levels, where solar energy supplants fossil fuel combustion. This marks a significant milestone in the companies’ journey toward the world’s first fully solar-powered cement plant.
Read More
A $26 million Series A funding round positions clean tech firm Carbon Upcycling to advance carbon capture and utilization projects at Cemex’s Rugby, U.K., and Ash Grove Cement’s Mississauga, Ontario, Canada, plants.
Read More
CEMEX is celebrating 25 years of transforming people’s lives through access to dignified, resilient housing. As of December 2022, the company’s groundbreaking program, Patrimonio Hoy, has benefitted 650,000 families, representing more than 3 million people.
Read More
CEMEX recently received Wildlife Habitat Council certification for 10 environmental conservation programs, bringing the company’s global count of WHC-certified programs to 32.
Read More
A jury in Jefferson County, Ky., returned a $50.5 million verdict, including $25 million in punitive damages, against Kosmos Cement Co. and other defendants over the death of a contractor in 2016, reported the Louisville Courier Journal.
Read More
Regenera, CEMEX’s circular waste management business, is expanding its operations in Mexico with the opening of a new facility in partnership with waste collection company PASA.
Read More
CEMEX reached a temporary deal to use Vulcan Materials’ port facilities at Punta Venado in Playa del Carmen, Mexico, potentially defusing a legal battle, reported Bloomberg.
Read More