Displaying items by tag: Regenera

Germany: Cemex has acquired a majority stake in the Berlin-based recycling company RC-Baustoffe to enhance its circularity business Regenera. The company processes construction, demolition and excavation materials. The acquisition integrates RC-Baustoffe with Regenera, allowing the facility to process up to 400,000t/yr, which will be turned into repurposed aggregates for concrete production.

CEO of Cemex, Fernando González, said “With acquisitions such as this, Cemex continues to strengthen its commitment to circularity through Regenera as well as promoting the world’s transition to a more circular economy. Construction and demolition materials account for more than 30% of global ‘waste’ streams and reintegrating these materials into the construction value chain can reduce the use of virgin raw materials."

Israel: Cemex’s circular construction subsidiary Regenera has commissioned a construction, demolition and excavation waste recycling plant in Tel Aviv. Cemex said that the plant has the capacity to recycle 500,000t/yr of construction, demolition and excavation waste. Cemex acquired the site following its acquisition of a 51% stake in construction, demolition and excavation waste recycling company SHTANG Recycle, which it integrated into Regenera in early 2023.

Cemex’s Europe, Middle East, Africa and Asia regional president Sergio Menéndez said “This new facility in Tel Aviv marks a significant milestone in Cemex's commitment to circularity, which is of such importance to our global ambition of reaching net zero by 2050. We are proud to play a vital role in the growth of our Regenera business, turning building waste into recycled materials for a more sustainable future. I thoroughly enjoyed visiting our Israeli operation and opening the plant, and was inspired by the passion of my local colleagues for innovation and collaboration in pursuit of a better future.”