Press Releases

February 15, 2022

• The initiative is aligned with First Movers Coalition commitment.
• CEMEX carried out successful trial tests in Germany and France.

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it is the first building materials company to complete a large-scale, multi-country pilot using fully electric ready-mix concrete trucks. In 2021, CEMEX joined the First Movers Coalition (“FMC”) and committed to accelerate the innovation and development of decarbonization technologies in heavy-duty on-road trucking services.

An initial, successful trial was carried out in Germany, followed by a further trial in France that was also a success. CEMEX expects to gradually continue introducing and testing new prototypes for zero-emission ready-mix concrete trucks to its fleet.

As part of its Future in Action program, CEMEX is leading the path to carbon neutrality in the building materials industry and has an ambition to deliver only net-zero CO₂ concrete globally by 2050. Eliminating emissions from concrete delivery is a component of reaching this milestone.

The FMC brings together business leaders with global footprints to create market demand for zero carbon solutions in this decade and jump-start the scaling of these emerging technologies. The coalition is a partnership between the World Economic Forum and the U.S. Office of the Special Presidential Envoy for Climate John Kerry.

CEMEX’s commitment is specifically focused on accelerating the market for zero emissions heavy-duty trucking services. As one of the world’s largest suppliers of ready-mix concrete, CEMEX and its network of third-party providers can help create market demand for these vehicles.

CEMEX has been exploring lower emission vehicles for some time. The success of these trials has given additional confidence for transport activities to gradually transition away from combustion engines and onto economically feasible and environmentally attractive transport solutions.

CEMEX (NYSE: CX) is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. For more information, please visit: cemex.com

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