bp and CEMEX, S.A.B. de C.V. announced on May 13 that they will work together on accelerating the progress of CEMEX’s 2050 ambition to deliver net zero CO2 concrete globally. (Photo quoted from bp’s website)
The two companies have agreed to a memorandum of understanding to develop solutions to decarbonize the cement production process and transportation.
These potential solutions may include low carbon power, low carbon transport, energy efficiency, natural carbon offsets, and carbon capture, utilisation and storage technologies. Additionally, they intend to work together to develop urbanization solutions envisioned to decarbonize cities.