CEMEX Successfully Turns CO2 Into Carbon Nanomaterials
April 25 2022 - 7:30AM
Business Wire
- CEMEX has successfully converted CO2 into carbon nanomaterials
in a laboratory setting.
- Carbon nanomaterials have several potential commercial
applications in fields such as building materials, electronics,
agriculture, and biomedicine.
- CEMEX is the first company in the cement industry to introduce
this technology, which could be a game-changer in decarbonizing
cement production.
CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it has
successfully tested a process that converts flue gases emitted by
the cement kiln into carbon nanomaterials, thereby transforming
"bad" carbon into "good" carbon. Due to their unique mechanical,
thermal, electrical, and chemical properties, carbon nanomaterials
have several potential applications in a wide array of industries,
from construction to biomedicine.
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CEMEX has successfully converted CO2 into
carbon nanomaterials in a laboratory setting. It is the first
company in the cement industry to introduce this technology, which
could be a game-changer in decarbonizing cement production.
This technology was born out of Smart Innovation, CEMEX’s
internal open innovation platform, and was one of the winners of
the 2019 innovation competition. CEMEX’s Research and Development
area continued to develop the concept. Recently, the team has
achieved promising results, a carbon conversion rate of 50%, in a
lab setting. The next step is to scale the technology in a cement
plant pilot within a year. A key pillar of CEMEX’s flagship
decarbonization program, Future in Action, is discovering and
investing in scalable technologies and innovations to achieve
carbon neutrality.
“This breakthrough technology is significant for CEMEX, not only
because it offers the potential to commercialize carbon emissions,
but because it demonstrates the value of our Smart
Innovation platform,” said Fernando A. Gonzalez, CEO of CEMEX.
“The path to carbon neutrality will be built with innovation, and
we remain committed to being at the forefront in developing new
circular technologies and processes.”
Nanomaterials include high-tech materials such as nanofibers,
nanotubes, graphene and carbon black, that have applications in
several industries including electronics, automotive, refractory
ceramics, agriculture, chemicals, pharmaceuticals, textile, and
construction materials. Thus, the proposed technology can turn CO2
emissions into a value-added product, achieving a circular process
that is key to sustainable development.
CEMEX is exploring and evaluating different applications of
carbon nanomaterials to develop cement-based materials with novel
and advanced performance, such as mechanical, chemical resistance,
or thermal and electrical properties. The novel properties also
enhance the sustainable attributes of cement-based materials as the
same CO2 emitted is used to improve the performance. Reintroducing
CO2 emissions in the construction value chain would boost the
industry’s contribution to the circular economy.
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: www.cemex.com
CEMEX assumes no obligation to update or correct the information
contained in this press release. This press release contains
forward-looking statements within the meaning of the U.S. federal
securities laws. CEMEX intends these forward-looking statements to
be covered by the safe harbor provisions for forward-looking
statements in the U.S. federal securities laws. These
forward-looking statements reflect CEMEX’s current expectations and
projections about future events based on CEMEX’s knowledge of
present facts and circumstances and assumptions about future
events, as well as CEMEX’s current plans based on such facts and
circumstances. These statements necessarily involve risks and
uncertainties that could cause actual results to differ materially
from CEMEX’s expectations. The content of this press release is for
informational purposes only, and you should not construe any such
information or other material as legal, tax, investment, financial,
or other advice. CEMEX is not responsible for the content of any
third-party website or webpage referenced to or accessible through
this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220425005374/en/
Media Relations Jorge Pérez +52 (81) 8259-6666
jorgeluis.perez@cemex.com
Analyst and Investor Relations Alfredo Garza / Fabián
Orta +1 (212) 317-6011 +52 (81) 8888-4327 ir@cemex.com
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