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CEMEX and partners inaugurate the Carbon Neutral Alliance at Rüdersdorf cement plant

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World Cement,

CEMEX, S.A.B. de C.V. (“CEMEX”) and its partners announced today the inauguration of the Carbon Neutral Alliance, which aims to accelerate the development of innovative technologies designed to transform CEMEX’s Ru¨dersdorf plant into the first carbon-neutral cement facility by 2030.

The Carbon Neutral Alliance comprises a network of over 20 private and public entities, dedicated to climate innovation. Among the technologies being introduced at Ru¨dersdorf is a waste heat recovery project scheduled for the summer of 2022, as well as the development of renewable energy generation. Additionally, and as a result of CEMEX's cooperation with Sasol and ENERTRAG, the company expects to produce sustainable aviation fuel onsite.

CEMEX and partners inaugurate the Carbon Neutral Alliance at  Rüdersdorf cement plant

Prof. Jörg Steinbach, Brandenburg’s Minister of the Economy; Fernando A. Gonzalez, CEO of CEMEX; Marius Brand, Executive Vice President of Sasol: Sasol 2.0 Transformation; Dr. Helge Sachs, Senior Vice President of Sasol ecoFT; and Francisco Quiroga, the Mexican Ambassador in Germany, met to inaugurate the consortium at the Ru¨dersdorf cement plant on May 31st. At the event, CEMEX reaffirmed its commitment to climate action and its ambition of achieving carbon neutrality by 2050. The Ru¨dersdorf Alliance is an important step in scaling the necessary technology to reach this goal.

"At the Ru¨dersdorf cement plant, we are introducing breakthrough decarbonisation technologies that will bring the world closer to climate neutrality. Each step towards this goal is made easier through cooperation with our business partners,” said Fernando A. González, CEO of CEMEX. “We are delighted to be partnering with an alliance of world class industrial experts and with governmental authorities who are as committed as we are to decarbonisation.”

The experience and knowledge gained from the Carbon Neutral Alliance will be an important foundation for CEMEX as it decarbonises the cement production process at its plants around the world.

The activities of the Carbon Neutral Alliance are part of CEMEX's climate action program: 'Future in Action'. In 2020, the company announced its decarbonisation strategy, setting its own global target to reduce carbon emissions by 40% by 2030 (compared to 1990 emission levels). This target is expected to be achieved in Europe by 2022. By 2030, CEMEX intends to reduce emissions at its European sites by 55%, in line with the European Union's new strategy to reduce CO2 emissions. CEMEX has also announced its goal to achieve net-zero carbon emissions in concrete by 2050.

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