Cemex signs agreement to operate the first Regenera facility in Egypt
Cemex has signed an agreement with Gharbia Governorate to operate the first Regenera facility in Egypt. The facility receives more than 800 tonnes of municipal solid waste per day and through this agreement, Cemex will be treating the waste to generate alternative fuels as well as producing compost – ensuring minimal residual waste to landfill.
This agreement promotes circularity while saving approximately 50,000 tonnes of CO2 annually and decreasing methane generation through avoidance of landfill. Methane has a much stronger greenhouse effect of more than 80 times that of CO2 within the first 20 years of emission. Additionally, this initiative benefits the residents of the governorate by ensuring safe treatment of all daily waste collection, while reducing the negative impacts associated with landfilling.
As an industry leader in climate action and the commitment towards being a net-zero company in 2050, Cemex's Regenera business comes as a part of Cemex's efforts to support circular economy including the receiving, managing, recycling, composting and recovering of waste. Regenera supports the ambition to use more non-recyclable waste and industrial by-products as a more sustainable alternative to fossil fuels and natural raw materials.
About the new facility, Yago Castro Izaguirre, Cemex Egypt & UAE president, said: "At Cemex, we are committed to leading climate action in the industry. This is reflected in the progressive and innovative work to actualize the vision of becoming a net-zero company by 2050. The Regenera facility helps us make greater headway in preserving natural resources by relying on sustainable substitutes for fossil fuels."
About Regenera:
With over 20 years of experience in waste management solutions, Cemex launched Regenera, a business specialized in providing circularity solutions to extend the life cycle of products and materials by reusing them into value-added products. Regenera leverages Cemex's global expertise and infrastructure to use waste and industrial byproducts as sustainable substitutes for fossil fuels and natural raw materials in its production processes, by offering a wide range of tailored services including reception, management, recycling, and coprocessing of waste.
Cemex announced its Climate Action strategy; ‘Future in Action – Committed to Net Zero CO2’ in February 2020, along with updated targets in November 2022 and as part of this, by 2030 it plans:
• To be below 430kg of CO2 per ton of cementitious material, equivalent to a 47% reduction*.
• To reduce the carbon content per cubic meter of concrete to 150kg, equivalent to a 41% reduction.
• To reach 65% in clean electricity consumption by 2030.
• To reduce Scope 3 transport emissions by 30% by 2030.
• For Vertua lower-carbon products to account for majority (50%+) of cement and concrete sales by 2025.
* According to our 1990 baseline