CEMEX team up with Bp on net zero emissions
bp and CEMEX announced today that they will work together on accelerating the progress of CEMEX’s 2050 ambition to deliver net zero CO2 concrete globally.
The two companies have agreed to a memorandum of understanding to develop solutions to decarbonize the cement production process and transportation. These potential solutions may include low carbon power, low carbon transport, energy efficiency, natural carbon offsets, and carbon capture, utilisation and storage technologies. Additionally, they intend to work together to develop urbanization solutions envisioned to decarbonize cities.
“Concrete plays an integral role in society, and there are no substitutes for its key attributes, strength, and resilience. We believe it will continue to have a critical role in a low carbon economy, and the challenge for the industry is to find solutions to the manufacturing process emissions,” said Juan Romero, executive vice president sustainability, commercial, and operations development of CEMEX. “This initiative with bp is another example of the work we are doing with partners across industries, academia, and start-ups to tap into the latest innovation and disruptive technology to achieve our ambition of delivering net zero CO2 concrete globally to all of our customers.”
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