Welcome to our dedicated page for Cemex Sab news (Ticker: CX), a resource for investors and traders seeking the latest updates and insights on Cemex Sab stock.
Cemex S.A.B. de C.V. (NYSE: CX) is a global construction materials company active in cement manufacturing, ready-mix concrete, aggregates, and urbanization solutions. The Cemex news stream reflects both its role in the building materials sector and its stated focus on sustainability, decarbonization, and circular economy initiatives across multiple regions, including Mexico, the United States, EMEA, and South, Central America & the Caribbean.
News about Cemex often highlights climate and sustainability milestones, such as recognition from external organizations for environmental disclosure, climate action, or decarbonization projects. The company regularly communicates progress on initiatives linked to its Future in Action program, which it describes as focused on climate action, circularity, and natural resource management with the objective of becoming a net-zero CO₂ company by 2050.
Investors and observers can also expect corporate and strategic updates in Cemex news, including leadership changes, organizational appointments, and information about growth plans in key markets like the United States. In addition, Cemex issues releases on project- and technology-related developments, such as carbon capture projects at cement plants, collaborations on solar-powered clinker production, and the expansion of its Regenera circularity business through partnerships and acquisitions in recycling and construction waste recovery.
Because Cemex positions itself as a participant in the circular economy in the construction value chain, its news flow frequently covers circularity initiatives, social impact projects, and partnerships with global networks that focus on sustainable built environments. For readers following CX, this news page provides a consolidated view of company announcements on sustainability, operations, corporate governance, and regional business developments. Regularly reviewing these updates can help users understand how Cemex describes its strategic direction in cement, concrete, aggregates, and related construction solutions.
CEMEX, S.A.B. de C.V. (NYSE: CX) announced that its 2030 global carbon emissions targets have been validated by the Science Based Targets initiative (SBTi). These targets aim for a 40% reduction in net GHG direct emissions from a 1990 baseline and a 42% reduction in indirect electricity emissions by 2030. CEMEX's Future in Action program supports this goal, targeting below 475 kg CO2 emissions per ton of cement and increasing clean electricity consumption from 29% to 55% by 2030.
CEMEX (NYSE: CX) has officially joined the Business Ambition for 1.5°C commitment by the We Mean Business Coalition and the UN Global Compact, as part of The Race to Zero Campaign. This commitment aligns with CEMEX's goal to achieve carbon neutrality by 2050 through its Future in Action program. The company aims to limit its CO2 emissions to below 475 Kg per ton of cementitious product by 2030. CEO Fernando A. González emphasized the importance of collaborative climate solutions and encouraged other organizations to participate in these efforts.
CEMEX has recognized female leadership through the Mujer Construrama event, underscoring its commitment to gender equality. This year, 320 women from its Construrama network participated in virtual workshops and conferences designed for their professional growth. Notably, women lead about 30% of Construrama's 2,100 stores. CEMEX is a signatory of the UN Women's Empowerment Principles, promoting equality in various sectors. With a focus on sustainable practices and enhanced services, CEMEX continues to support the development of women in the construction industry.
CEMEX (NYSE: CX) has joined the LEILAC 2 project, a research initiative funded by the EU to decarbonize cement production. Following its active role in LEILAC 1, CEMEX contributes expertise and resources to develop technology that captures process CO2, which comprises about 60% of cement's direct emissions. The company aims for a 35% reduction in CO2 emissions per ton by 2030 and a net-zero target by 2050.
Davide Zampini, Head of Global R&D, emphasizes their commitment to impactful technologies in carbon capture.
CEMEX (NYSE: CX) is enhancing its supply chain to address cement shortages in California, Arizona, and Nevada by recommissioning a kiln at its CPN plant in Hermosillo, Mexico. This $15 million investment will increase annual production capacity by 1 million tons and create over 130 jobs. The initiative aims to support local customers facing supply constraints, ensuring reliable access to Portland cement. The kiln is expected to be operational by Q2 2021, alongside increased efficiencies at the Victorville plant, to meet the growing construction demands in the region.
CEMEX announced the divestment of 24 concrete plants and 1 aggregates quarry in Southeastern France to LafargeHolcim as part of its strategy to focus on high-growth markets. The assets, located in the Rhone Alpes region, will be sold without requiring antitrust approval. The transaction is expected to close by early April. CEMEX plans to use the proceeds to invest in growth projects in key markets, aligning with its goal to enhance portfolio development. This strategic move underscores the company's commitment to sustainable growth and efficiency in core areas.
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