CEMEX

Cemex and MPP collaborate to accelerate
decarbonization projects

Cemex and the Mission Possible Partnership (MPP), in partnership with the Bezos Earth Fund, are collaborating to conduct an analysis of the potential of decarbonization levers at Cemex’s Balcones cement plant in Texas. This analysis aims to accelerate Cemex’s commitment to achieving net-zero CO2 emissions by 2050.

There are various technological pathways to decarbonize the cement industry and MPP is assisting Cemex in evaluating these pathways at the production plant level, which includes the use of alternative fuels, incorporation of lower-carbon materials, carbon capture and storage, and the utilization of captured carbon to produce synthetic fuels, chemicals, or construction materials.

“Our collaboration with the Mission Possible Partnership represents a joint effort seeking to accelerate our sustainable commitments and comprehensively evaluate the extent to which we can utilize decarbonization levers within a specific plant ecosystem,” said Fernando A. González, CEO of Cemex. “This involves leveraging scalable technologies that would contribute to achieving our ambitious decarbonization goals on the path to becoming a net-zero company by 2050.”

The high heat required in cement production is a key challenge to decarbonizing the cement industry. Cemex and MPP are exploring technologies that can substitute fossil fuels traditionally used to heat kilns with waste, renewable gas, biomass, hydrogen, and electrification of the kilns as they strive for a more sustainable industrial production process.

MPP is driving industrial decarbonization across the entire value chain of the world’s heaviest-emitting industry and transport sectors, including cement and concrete. Having created a series of transition strategies for reaching net zero emissions in these sectors, it is orchestrating collaboration with an expanding network of partners to enable commercial-scale deep decarbonization projects. Cemex is proud to partner with MPP in advancing decarbonization in the cement and concrete sector.

This partnership with MPP aligns with Cemex’s Future in Action program, which focuses on achieving sustainable excellence through climate action, circularity, and natural resource management with the primary objective of becoming a net zero CO2 company by 2050. Through Future in Action, Cemex has achieved record-breaking progress in decarbonization. Since 2020, Cemex has reduced Scope 1 and 2 specific CO2 emissions by 13% and 12%, respectively, a pace that would have taken 15 years to accomplish previously.

www.cemex.com

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