Europe’s Net Zero Industry ACT (NZIA) published on Thursday 16th March takes no account of alternative technologies to cut in half CO2 emissions from the cement industry by 2030, argues Ecocem.
The company posted R$1.1 billion in net profit in 2022, 30% less than the previous year, primarily due to the negative impact of increased costs on the operating results and higher depreciation related to assets acquired in recent years.
Cemex has unveiled its updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative, and approachable company.
The rule would have required cement kilns to meet emissions standards for nitrogen oxides (NOx) more stringent than standards for new kilns, and would have forced cement plants to curtail production or shut down.