Cemex and Partners Inaugurate the Carbon Neutral Alliance at Rüdersdorf Cement Plant
May 31 2022 - 1:07PM
Business Wire
- Prof. J�rg Steinbach, Brandenburg’s Minister of Economy;
CEMEX’s CEO, Fernando A. González; Marius Brand, Executive Vice
President of Sasol: Sasol 2.0 Transformation; Dr. Helge Sachs,
Senior Vice President of Sasol ecoFT, and the Mexican Ambassador
for Germany, Francisco Quiroga, hosted the inauguration event.
CEMEX, S.A.B. de C.V. (“CEMEX”) and its
partners announced today the inauguration of the Carbon Neutral
Alliance, which aims to accelerate the development of innovative
technologies designed to transform CEMEX’s Rüdersdorf plant into
the first carbon-neutral cement facility by 2030.
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Brandenburg’s Minister of Economy, Prof.
J�rg Steinbach, and Fernando A. Gonzalez, CEO of CEMEX, during the
Carbon Neutral Alliance inauguration ceremony. (Photo: Business
Wire)
The Carbon Neutral Alliance comprises a network of over 20
private and public entities, dedicated to climate innovation. Among
the technologies being introduced at Rüdersdorf is a waste heat
recovery project scheduled for the summer of 2022, as well as the
development of renewable energy generation. Additionally, and as a
result of CEMEX's cooperation with Sasol and ENERTRAG, the company
expects to produce sustainable aviation fuel onsite.
Prof. J�rg Steinbach, Brandenburg’s Minister of the Economy;
Fernando A. Gonzalez, CEO of CEMEX; Marius Brand, Executive Vice
President of Sasol: Sasol 2.0 Transformation; Dr. Helge Sachs,
Senior Vice President of Sasol ecoFT; and Francisco Quiroga, the
Mexican Ambassador in Germany, met to inaugurate the consortium at
the Rüdersdorf cement plant on May 31st. At the event, CEMEX
reaffirmed its commitment to climate action and its ambition of
achieving carbon neutrality by 2050. The Rüdersdorf Alliance is an
important step in scaling the necessary technology to reach this
goal.
"At the Rüdersdorf cement plant, we are introducing breakthrough
decarbonization technologies that will bring the world closer to
climate neutrality. Each step towards this goal is made easier
through cooperation with our business partners,” said Fernando A.
González, CEO of CEMEX. “We are delighted to be partnering with an
alliance of world class industrial experts and with governmental
authorities who are as committed as we are to decarbonization.”
The experience and knowledge gained from the Carbon Neutral
Alliance will be an important foundation for CEMEX as it
decarbonizes the cement production process at its plants around the
world.
The activities of the Carbon Neutral Alliance are part of
CEMEX's climate action program: Future in Action. In 2020, the
company announced its decarbonization strategy, setting its own
global target to reduce carbon emissions by 40% by 2030*. This
target is expected to be achieved in Europe in 2022. By 2030, CEMEX
intends to reduce emissions at its European sites by 55%, in line
with European Union's new strategy to reduce CO2 emissions. CEMEX
has also announced its goal to achieve net-zero carbon emissions in
concrete by 2050.
CEMEX (NYSE: CX) is a global construction materials company that
is building a better future through sustainable products and
solutions. CEMEX is committed to achieving carbon neutrality
through relentless innovation and industry-leading research and
development. 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. CEMEX offers
cement, ready-mix concrete, aggregates, and urbanization solutions
in growing markets around the world, powered by a multinational
workforce focused on providing a superior customer experience,
enabled by digital technologies. For more information, please
visit: www.cemex.com
* Compared to 1990 emission levels.
This press release contains forward-looking statements within
the meaning of the U.S. federal securities laws. CEMEX intends
these forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements in the U.S. federal
securities laws. These forward-looking statements reflect CEMEX’s
current expectations and projections about future events based on
CEMEX’s knowledge of present facts and circumstances and
assumptions about future events, as well as CEMEX’s current plans
based on such facts and circumstances. These statements necessarily
involve risks and uncertainties that could cause actual results to
differ materially from CEMEX’s expectations. The content of this
press release is for informational purposes only, and you should
not construe any such information or other material as legal, tax,
investment, financial, or other advice. These factors may be
revised or supplemented, but CEMEX is not under, and expressly
disclaims, any obligation to update or correct this press release
or any forward-looking statement contained herein, whether as a
result of new information, future events or otherwise. Any or all
of CEMEX’s forward-looking statements may turn out to be
inaccurate. Accordingly, undue reliance on forward-looking
statements should not be placed, as such forward-looking statements
speak only as of the dates on which they are made. CEMEX is not
responsible for the content of any third-party website or webpage
referenced to or accessible through this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220531005815/en/
Media Relations Jorge Pérez +52 (81) 8259-6666
jorgeluis.perez@cemex.com
Analyst and Investor Relations Alfredo Garza / Fabián
Orta +1 (212) 317-6011 +52 (81) 8888-4327 ir@cemex.com
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