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Cemex US Signs Renewable Natural Gas Fuel Agreement with Clean Energy to Power Fleet in Southern California
HOUSTON & NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Cemex, a leader in the building materials industry, and Clean Energy Fuels Corp. (NASDAQ: CLNE), the
About this update from Clean Energy Fuels Corp.
[{"type":"text","content":"\n \n\n\n HOUSTON & NEWPORT BEACH, Calif.--(BUSINESS WIRE)--\nCemex, 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.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240530084333/en/Cemex trucks among its Southern California fleet powered by low emission compressed natural gas (CNG) or renewable natural gas (RNG). (Photo: Business Wire)\nForecasted 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.\n\n\nAlongside 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.\n\n\nTransitioning 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*.\n\n\n\"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 op...