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CEMEX Reduces CO2 Emissions by 13% in Cement Production
Here's the '2023 Integrated Report' by CEMEX. From their highlights on their decarbonization mission, we find the following key insights:
- From 2020 to 2023, CEMEX reduced its Scope 1 and Scope 2 specific CO2 emissions by 13% and 12%, a pace that previously would have taken 15 years. CEMEX also achieved validated environmental impact disclosure for 100% of its cement products.
- Vertua low-carbon cement products account for 56% of total cement sales, with an average CO2 reduction of 45%. Alternative fuels usage increased to 37%, and the clinker factor decreased to a record low of 72%, reducing process emissions.
- CEMEX repurposed close to 28 million tons of waste through its Regenera circular economy business line and implemented water optimization plans at 30% of sites in water-stressed areas.
Here are some other insights on the decarbonization of the cement industry:
- $500 million - Heidelberg Materials' funding by the US DOE Mitchell K4 cement plant, for the development of CCS technologies in the plant as reported by The Herald Times
- CAD 28 million - LafargeHolcim's investment to set up a CO?MENT project in Canada, as reported by ZKG Cement
