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bp and CEMEX to develop solutions to decarbonize the cement production ‎process and transportation

bp and CEMEX, S.A.B. de C.V., a global building materials company, 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.

—uan Romero, executive vice president ‎sustainability, commercial, and operations development of CEMEX

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