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News Cemex acquires majority stake in RC-Baustoffe

Cemex acquires majority stake in RC-Baustoffe

Written by Global Cement staff 04 September 2024
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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."

Last modified on 04 September 2024
Published in Global Cement News
Tagged under
  • Cemex
  • Germany
  • Regenera
  • Acquisition
  • Stake
  • Recycling
  • circular economy
  • construction and demolition materials
  • Aggregates
  • GCW675
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