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.‎