- In October 2024, Cemex expanded its electric mixer fleet to Mexico as part of its strategy to decarbonize operations under the Future in Action program, targeting net-zero CO₂ emissions by 2050. These mixers offer full-load capacity and day-long operation, with previous deployments in Germany and Dubai and planned expansions in France, Spain, Poland, and the Czech Republic
- In May 2024, Cemex was recognized as the top-ranking company in the World Benchmarking Alliance’s Climate and Energy Benchmark for the cement industry. This achievement highlights Cemex’s commitment to reducing carbon emissions and becoming a net-zero CO₂ company by 2050. The ranking assessed 91 global aluminum, cement, and steel companies based on climate targets and transition efforts
- In 2024, Sika has been honored with the Qatar Corporate Social Responsibility (CSR) Award in the Construction Sector for its holistic approach to sustainability and outstanding Green Building Initiatives. The award, recognizing the "Best Initiative" in the construction sector, celebrates Sika's unwavering commitment globally and locally in Qatar to ecological integrity, social well-being, and sound governance principles, all while generating value for shareholders. The awarding ceremony took place in the context of the 2nd edition of Qatar CSR Summit which took place from the 30 April to 2 May 2024. This CSR Summit is a significant event that focuses on Corporate Social Responsibility (CSR) in Qatar
- In April 2023, Sika has signed an agreement with the University of Cádiz (UCA) to cooperate in the domains of concrete protection, building facades, and industrial processes. The cooperation results from a successful partnership focusing on innovative techniques for the preservation of concrete structures. Now, the UCA and Sika bundle their knowledge to expand these technologies to further areas of application and to open new market potential
Frequently Asked Questions
The construction market is experiencing significant growth due to sustainable building initiatives, urban redevelopment, and infrastructure modernization.
Concrete in construction material segment is expected to dominate the Africa and Saudi Arabia construction market, holding a major market share in 2025.
The primary challenges include restrictions on imports and exports of certain construction materials.