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Friday, Apr 19, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Alternative Energy

CEMEX integrates hydrogen tech into Mexico cement plants

The move is a result of the company’s goal to reduce fossil fuel consumption

CEMEX integrates hydrogen tech into its Mexico cement plants
Tepeaca cement plant, Mexico. Photo via CEMEX

CEMEX, S.A.B. de C.V. (NYSE: CX) will soon be integrating hydrogen injection technology into its cement plant operations in Mexico.

The company announced on Tuesday that it would be injecting hydrogen into its cement kilns as a catalyst, which it says will help to optimize the combustion process and trade off fossil fuel usage for a more sustainable energy source. The technology will be implemented at four of CEMEX’s cement factories.

The move is part of the company’s Future in Action Program, an initiative created by the organization to reduce COemissions and promote environmental sustainability. The company says it has made record breaking progress in reducing its carbon footprint over the past 20 months. The cement industry is responsible for approximately 7 per cent of carbon dioxide emissions globally, according to the company.

Read more: Nikola Corp progresses application on US$1.3B loan for major hydrogen project

Read more: Rolls Royce and easyJet complete world’s first run of a hydrogen-powered aircraft engine

CEMEX has a goal to reduce the COemissions produced by its cement operations by 47 per cent before 2030. The company says it achieved a record high alternative fuel substitution rate of 34 per cent in September this year.

“Hydrogen is a key technology to accelerate the implementation of our climate action roadmap,” said Ricardo Naya, President of CEMEX Mexico.

“With this project, we expect to increase alternative fuels consumption in our kilns by 8 to 10 per cent.”

CEMEX takes pride in being a pioneer in the adoption of hydrogen technology and has had successful projects in that field since 2019. The company utilizes hydrogen in all of its plants throughout Europe and recently implemented a similar initiative in the Dominican Republic.

The company also says it has been working with multiple partners to pioneer breakthrough technologies involving hydrogen as a primary fuel source with low carbon to be utilized in cement production.

CEMEX is a global construction materials company dedicated to achieving carbon neutrality and designing innovative technologies.

 

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