The two companies have agreed to a memorandum of understanding to develop solutions to decarbonise the cement production process and transportation. The pair add that potential solutions may include low-carbon power, low-carbon transport, energy efficiency, natural carbon offsets, and carbon capture utilisation and storage technologies. They also intend to work together to develop urbanisation solutions envisioned to decarbonise cities.
“Concrete plays an integral role in society, and there are no substitutes for its key attributes, strength, and resilience,” said Juan Romero, executive vice president sustainability, commercial, and operations development of CEMEX. "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.
“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.”
William Lin, bp’s executive vice president, regions, cities & solutions (RC&S), commented: “At bp, we want to help ‘greening companies’ meet their sustainability aims just as we are trying to do in our own company. 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 the decarbonisation of the industry and the energy system. Now is the time to work together on the path to net-zero and along the way generate mutual value.”
bp says that helping cities and corporations to decarbonise is a core part of its long-term strategy. The RC&S team aims to build enduring relationships with cities and corporations around the world to offer bespoke, integrated and decarbonised energy solutions to complex energy needs – providing energy that is clean, reliable and affordable.
