Cemex US Signs Renewable Natural Gas Fuel Agreement with Clean Energy to Power Fleet in Southern California
May 30 2024 - 5:30AM
Business Wire
Cemex, a leader in the building materials industry, and Clean
Energy Fuels Corp. (NASDAQ: CLNE), the largest provider of the
cleanest fuel for the transportation market, have announced a new
fueling agreement to provide ultra-clean renewable natural gas
(RNG) to power 39 of Cemex US’s ready-mix and cement bulk trucks in
Southern California. Cemex’s collaboration with Clean Energy is the
latest addition to its lower-carbon fuels portfolio for its
California fleet.
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the full release here:
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Cemex trucks among its Southern
California fleet powered by low emission compressed natural gas
(CNG) or renewable natural gas (RNG). (Photo: Business Wire)
Forecasted to provide approximately 300,000 gallons of RNG
annually, the fleet will utilize Clean Energy’s public station
network in Southern California to fuel with RNG. RNG is a negative
carbon-intensity transportation fuel that substantially lowers
greenhouse gas emissions by an average of 300% versus diesel.
Alongside the new fueling deal, Clean Energy will commission a
private fueling station exclusively for Cemex’s growing RNG fleet.
Located in Rialto, CA, the new station will include time-fill
dispensers and a dedicated fast-fill dispenser for easy and
cost-effective refueling. The construction project is expected to
be completed by the end of this year and Cemex trucks will begin
fueling on-site soon after. Clean Energy will be supplying RNG to
the new private station, as well as operating and maintaining the
site upon completion.
Transitioning part of its fleet to RNG is part of Cemex’s Future
in Action program which focuses on achieving sustainable excellence
through climate action, circularity, and natural resource
management with the primary objective of becoming a net-zero CO2
company by 2050. The company is projected to reduce fleet emissions
by roughly 8,822 metric tons of CO2e (carbon dioxide equivalent)
per year, which is equal to taking 1,981 gasoline-powered passenger
vehicles off the road for one year or planting 137,648 trees*.
"As leaders in the building materials industry, we recognize the
pivotal role we play in building a more sustainable future.
Embracing renewable fuels isn't just an option; it's an
imperative,” said Francisco Rivera, Cemex US Regional President –
West Region. “What Cemex provides is essential to building
communities throughout California and the country. By utilizing
Clean Energy’s renewable energy resources, we accelerate our
aggressive sustainability goals, inspire innovation, foster
resilience, and build a legacy of responsible stewardship for
generations to come."
“Cemex is not only a world-class leader in the building material
space, but also one of the most advanced in how they are thinking
about our sustainable future. This expanded RNG truck fleet will
help to decarbonize their overall operations as well as mitigate
emissions associated with idling trucks on site. Cemex’s RNG fuel
agreement with Clean Energy is a significant move forward in
reducing their carbon footprint,” said Chad Lindholm, senior vice
president at Clean Energy.
Clean Energy currently has a network of over 600 fueling
stations around North America and is steadily expanding that number
with stations purposely built and strategically located for
commercial fleets.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 that involve risks,
uncertainties and assumptions, including without limitation
statements about: the amounts and timing of renewable natural gas
expected to be produced or consumed; the timing and scope of
construction, maintenance, and other projects; the numbers and
timing of vehicles expected to be deployed, fueled, maintained, or
financed; the characteristics and performance of natural gas
engines and trucks; the potential development of the consumer
market for RNG; the environmental and other benefits of Clean
Energy’s fuels; the availability of environmental, tax and other
government regulations, programs and incentives; and the impacts of
legislative and regulatory developments. Actual results and the
timing of events could differ materially from those anticipated in
these forward-looking statements. The forward-looking statements
made herein speak only as of the date of this press release and,
unless otherwise required by law, Clean Energy undertakes no
obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances. Additionally, the
reports and other documents Clean Energy files with the SEC
(available at www.sec.gov) contain risk factors, which may cause
actual results to differ materially from the forward-looking
statements contained in this news release.
About Clean Energy
Clean Energy Fuels Corp. is the country’s largest provider of
the cleanest fuel for the transportation market. Our mission is to
decarbonize transportation through the development and delivery of
renewable natural gas (RNG), a sustainable fuel derived by
capturing methane from organic waste. Clean Energy allows thousands
of vehicles, from airport shuttles to city buses to waste and
heavy-duty trucks, to reduce their amount of climate-harming
greenhouse gas. We operate a vast network of fueling stations
across the U.S. and Canada as well as RNG production facilities at
dairy farms. Visit www.cleanenergyfuels.com and follow
@ce_renewables on X and LinkedIn.
About Cemex US
Cemex is a global building materials company that provides
high-quality products and reliable services with a rich history of
improving the wellbeing of those it serves through innovative
building solutions, efficiency advancements and sustainability
efforts. Its U.S. network includes 8 cement plants, close to 50
strategically located cement terminals, nearly 50 aggregate
quarries and more than 280 ready-mix concrete plants. Cemex US has
been repeatedly recognized for its efforts in sustainability and
energy management, including earning U.S. EPA ENERGY STAR® Partner
of the Year consecutively since 2019.
*EPA Greenhouse Gas Equivalencies Calculator
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version on businesswire.com: https://www.businesswire.com/news/home/20240530084333/en/
Clean Energy Media Contact: Kimberly Fleer 1-949-437-1447
kimberly.fleer@cleanenergyfuels.com Clean Energy Investor Contact:
Thomas Driscoll 1-949-437-1191 thomas.driscoll@cleanenergyfuels.com
Cemex Media Contact: cemexusacommunications@cemex.com
1-713-722-1799
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