The Inflation Reduction Act, which passed the Senate this August, would unlock around $369 billion to find solutions for climate change. It marks the single largest investment in combating global warming in American history. Experts have estimated it will reduce America’s planet-heating emissions by about 40% by 2030, compared with 2005 levels. The proposed legislation includes tax...
First six start-ups announced to receive the backing of world-leading cement companies as part of the industry’s drive to reach net zero Low carbon concrete and carbon capture, utilisation and storage among sustainable start-ups backed by global cement industry The Global Cement and Concrete Association (GCCA) has revealed the first six start-ups that...
CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced strong results for the full year 2021 with double-digit EBITDA growth, the highest in more than a decade, coupled with a double-digit increase in sales driven by higher volumes and robust pricing in all core products in all regions. EBITDA margin increased 0.8 percentage points in the year, despite headwinds in energy and import costs. CO2 emissions declined 4.4 percentage points, the largest annual decline the company has ever achieved.