CEMEX Acquired Waste Management Company in Mexico
Mexican multinational building materials firm CEMEX, S.A.B. de C.V. has announced the acquisition of Broquers Ambiental, a company that focuses on the separation, recovery, and treatment of urban solid waste generated in the city of Queretaro.
According to CEMEX, this acquisition is part of its Future in Action program, aimed to achieve carbon neutrality. All waste processed at the Broquers plant would be used as a climate-friendly fuel to power its operations in Mexico. “Thanks to this process, CO2 emissions into the atmosphere are reduced by replacing fossil fuels, one of the most significant contributors to global warming.” Prior to the acquisition, the construction materials company transformed over 500,000 tons of waste to fuels for its operations in Mexico, avoiding the emission of more than 730,000 tons of CO2 per year or the equivalent of planting 12 million trees.
As reported, Broquers expects to increase the current staff by 50 new employees this year to expand its processing capacity. The Mexican company had been the first plant of its kind in Mexico to have sophisticated waste separation equipment in line with European standards for waste treatment. “This results in a fast, highly efficient, and safe industrial process that solves the challenge of Queretaro’s municipal waste in a local, sustainable, and environmentally friendly way.” Broquers would continue “to operate ordinarily and comply, as before, with all the conditions stipulated in its concession title for the treatment of urban solid waste in the municipality of Queretaro”. Also, the transaction would not represent any legal or financial impact on the city.
(Published in GLOBAL RECYCLING Magazine 1/2022, Page 19, Photo: RealPhotoItaly / stock.adobe.com)
