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Stock impact report

Cemex Recognized at COP29 for Solar Clinker Breakthrough

Cemex, S.A.B. de C.V. Sponsored ADR (CX) 
US:NYSE Investor Relations: cemex.com/investors/overview
Company Research Source: Business Wire
Award recognizes Cemex’s efforts to develop breakthrough decarbonization technologies for the cement industry.Cemex uses concentrated solar power to produce clinker, the main component of cement. MONTERREY, Mexico--(BUSINESS WIRE)--Cemex was awarded the Net-Zero Industries Award by Mission Innovation at a ceremony during COP29 in Baku, Azerbaijan for its revolutionary clinker decarbonization process using concentrated solar power.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120978042/en/The Net-Zero Industries Award recognizes and celebrates outstanding innovations in industrial decarbonization; it spotlights the people and projects revolutionizing energy-intensive industries and driving substantial reductions in greenhouse gas emissions. Cemex’s solar clinker project is a collaboration with cleantech company Synhelion, who developed the high-temperature solar heat technology it uses.“Together with Synhelion, we are Show less Read more
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