CEMEX invests in solar fuels pioneer Synhelion

In Mexico, CEMEX, S.A.B. de C.V and CEMEX Ventures (CEMEX´s venture capital unit) announced their investment in Synhelion, a pioneer company in solar fuels that are a climate-friendly substitute to fossil fuels, enabling a carbon-free manufacturing process.

This effort, which aims to decarbonize the cement manufacturing process based on solar energy, is part of CEMEX’s roadmap to achieve its ambitious climate action goals, including delivering globally carbon free concrete by 2050. This is one of several initiatives under the company’s Future in Action program, which focuses on reducing the carbon footprint of its operations and products to become a net-zero CO2 company.

Based in Switzerland, Synhelion offers a radically new approach to replace fossil fuels in cement plants with high-temperature solar heat and captures 100% of carbon emissions. The captured emissions are then used as feedstock for fuel production, enabling cement manufacturing to achieve net-zero emissions. This is made possible by the extremely high temperature of solar heat provided by Synhelion’s technology and its pioneering process to turn CO2 into synthetic drop-in fuels, such as kerosene, diesel, and gasoline.