Cemex, BP to explore low carbon power and transportation, energy efficiency

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff

In the latest move toward delivering net-zero carbon dioxide concrete by 2050, Cemex has entered a memorandum of understanding with energy giant bp to develop solutions to decarbonize cement production and transportation. Potential measures may include low-carbon power or transport, energy efficiency, natural carbon offsets or carbon capture utilization and storage technologies. 

“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 in process emissions,” says Cemex Executive Vice President Sustainability, Commercial, and Operations Development Juan Romero. “This initiative with bp is another example of the work we are doing with partners across industries, academia, and startups 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.”

“We want to help ‘greening companies’ meet their sustainability aims just as we are trying to do in our own company,” notes bp Executive Vice President, Regions, Cities & Solutions (RC&S) William Lin. “We know that 70 percent of global emissions come from transport, industry and energy and that cement making is energy intensive. Teaming up with progressive companies like Cemex that share a net-zero ambition and have complementary capabilities will help speed up decarbonization of the industry and energy system. Now is the time to work together on the path to net-zero and along the way generate mutual value.” The RC&S team aims to build enduring relationships with corporations around the world to offer bespoke, integrated and decarbonized solutions to complex needs, he adds, while providing energy that is clean, reliable and affordable. 

“Cemex is taking a leading role in decarbonizing the global cement industry, setting a fast pace of progress in all regions, including Mexico and Latin America,” observes bp Senior Vice President for Latin America Angelica Ruiz. “Our collaboration with Cemex is another step towards our ambition to be a net-zero company by 2050 or sooner and help the world to get to net-zero.”

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