Cemex Ventures Partners with HiiROC for Groundbreaking Hydrogen Deployment in UK Cement Plant
Key Ideas
- Cemex Ventures partners with HiiROC for an industrial-scale hydrogen deployment at the Rugby cement plant in the UK, marking a significant milestone in the construction industry's decarbonisation efforts.
- HiiROC's Thermal Plasma Electrolysis process produces carbon-neutral hydrogen with lower energy consumption, contributing to Cemex's goal of reducing carbon emissions in cement production.
- The strategic partnership between Cemex and HiiROC aims to accelerate the adoption of clean hydrogen technology in the construction sector, supporting Cemex's target to become a net-zero CO2 company by 2050.
- This initiative is part of Cemex's Future in Action program, showcasing the company's commitment to sustainability and innovation by investing in disruptive startups and technologies to drive industry transformation.
Cemex Ventures, Cemex’s corporate venture capital (CVC) and open innovation unit, has announced a groundbreaking partnership with HiiROC, a British hydrogen company, to deploy hydrogen at an industrial scale at its Rugby cement plant in the United Kingdom. This collaboration is a significant step in the construction industry's efforts towards decarbonisation. HiiROC's innovative Thermal Plasma Electrolysis (TPE) process allows for the production of carbon-neutral hydrogen with reduced energy consumption compared to traditional methods, thus aiding Cemex in lowering its carbon emissions in cement production.
The project aims to leverage hydrogen as an alternative energy source to reduce the sector's reliance on fossil fuels and mitigate CO2 emissions. The partnership signifies Cemex's commitment to industry transformation and sustainability by investing in new technologies like HiiROC's hydrogen production. Gonzalo Galindo, Head of Cemex Ventures, highlighted the potential of hydrogen in significantly reducing CO2 emissions and aligning with Cemex's goal to achieve net-zero carbon emissions by 2050.
The collaboration with HiiROC is part of Cemex's strategic roadmap for Future in Action, a sustainability and decarbonisation program focused on achieving net-zero CO2 emissions by 2050. This initiative reflects Cemex's dedication to innovation and environmental responsibility, as evidenced by the company's recent progress in reducing its carbon footprint since the program's inception in 2020. The project demonstrates the promising future of clean hydrogen technology in the construction sector and showcases Cemex's leadership in driving sustainable practices within the industry.