Cemex has joined a group of strategic investors in Terra CO2's Series B funding round, which successfully secured US$124.5 million in new equity capital. Terra CO2 is a US-based company specializing in low-carbon building materials.
This investment underscores Cemex's commitment to profitable decarbonization and its long-term technological roadmap. By supporting Terra CO2, Cemex aims to advance the development and scaling of sustainable cement production methods.
The move aligns with Cemex's strategy to differentiate itself through innovative, lower-carbon products like its Vertua family. This investment positions Cemex to capitalize on the growing demand for eco-friendly construction materials and future regulatory advantages.
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