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CEMEX, S.A.B. de C.V. ("CEMEX") announced today that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230216005349/en/ Close-up of Synhelion’s solar receiver, which provides the necessary process heat to decarbonize clinker production. (Courtesy of
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Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022. Operating cash flow decreased 40% to $35.6 billion for the trailing twelve months, compared with $59.3 billion for the trailing twelve months ended June 30, 2021. Free cash flow decreased to an outflow of $23.5 billion for the trailing twelve months, compared with an inflow of $12.1 billion for the trailing twelve months ended June 30, 2021. Free cash flow less principal repayments of fi
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Eni, CNH Industrial and Iveco Group have signed a memorandum of understanding for potential joint social development initiatives in countries of common interest in the areas of agriculture, sustainable mobility and education
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For the first time ever, CEMEX and Synhelion successfully connected the clinker production process with the Synhelion solar receiver, producing solar clinker.
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This revolutionary innovation is an initial step to develop fully solar-driven cement plants.
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CEO-led global initiative aims to provide practical solutions to
climate change mitigation
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Focus areas include carbon capture and storage, methane reductions,
energy efficiency
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As part of the initiative, ExxonMobil to invest in research and
development of long-term solutions to reduce greenhouse gas emissions