Cemex Advances Sustainability with Electric Vehicle Funding

Cemex Announces Major Sustainability Initiative

Cemex has taken a significant step forward in its sustainability journey by securing substantial funding for the deployment of lower-emission vehicles across its operations in the United States. This investment reflects Cemex's dedication to reducing its carbon footprint and promoting eco-friendly practices within the construction materials industry.

Investment in Lower-Emission Vehicles

Through various government-backed sustainability programs, Cemex has been awarded approximately $13 million from the Texas Emissions Reduction Plan (TERP). This funding will be used to acquire four lower-emission locomotives and two haul trucks, which will enhance operations at various cement and aggregate sites. With three of the four new locomotives already in service, Cemex is well on its way to realizing a greener fleet of vehicles.

In addition to TERP funding, Cemex has also received a $2 million grant from the U.S. Environmental Protection Agency's Diesel Emissions Reduction Act (DERA) Program. This funding will enable the company to introduce two more lower-emission locomotives in Jacksonville and Miami by mid-2025, further showcasing its commitment to lower-emission technologies.

Significance of the Initiative

Jaime Muguiro, Cemex U.S. President, emphasized the positive impact these initiatives have on business operations. According to him, “Through these state and federal programs, significant strides toward advancing responsible business practices are more attainable. Our new lower-emission vehicles play a key role in the development of building materials for roads, schools, hospitals, and more, while also pivotal to our CO2 reduction roadmap.” This initiative not only helps in improving air quality but also supports the company's broader sustainability goals.

Decommissioning Older Vehicles

As part of this initiative, Cemex is committed to decommissioning older conventional vehicles whenever they introduce new lower-emission alternatives. This practice ensures a meaningful step toward achieving environmental sustainability goals while complying with program requirements.

Efforts Across Various Locations

Cemex’s commitment to sustainability is evident in its ongoing efforts at various locations throughout the U.S. In Victorville, California, the company has introduced numerous lower-emission locomotives to its fleet. Continuing this trend, Cemex introduced nearly 40 low-emission natural gas trucks to its Southern California fleet in 2022, replacing older diesel-powered vehicles.

Future Goals and Programs

Decarbonizing operations is a crucial aspect of Cemex's Future in Action program, which addresses sustainable excellence across the company's operations. With a vision to become a net-zero CO2 company by 2050, Cemex focuses on innovations in climate action, circular economy practices, and efficient resource management. The measures taken today create a promising pathway toward achieving these ambitious goals.

About Cemex U.S.

Cemex is a leading global building materials company with a strong commitment to quality and sustainability. With a notable presence in the U.S., the company operates numerous cement plants, aggregate quarries, and ready-mix concrete plants. Its dedication to creating innovative building solutions has earned it several commendations for energy management and sustainability, including recognition as a U.S. EPA ENERGY STAR® Partner of the Year since 2019.

Frequently Asked Questions

What is the funding amount Cemex secured for lower-emission vehicles?

Cemex secured approximately $13 million from the Texas Emissions Reduction Plan (TERP) for lower-emission vehicles.

What type of vehicles is Cemex deploying with the funding?

Cemex is deploying lower-emission locomotives and haul trucks across its operations to reduce emissions.

What is the purpose of the Future in Action program?

The Future in Action program aims to achieve sustainable excellence and targets net-zero CO2 emissions by 2050.

How does Cemex ensure compliance with sustainability targets?

Cemex decommissions older vehicles when introducing new lower-emission vehicles, ensuring progress toward sustainability goals.

What recognitions has Cemex received for sustainability?

Cemex has been recognized as a U.S. EPA ENERGY STAR® Partner of the Year since 2019 for its ongoing sustainability efforts.

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