Cement News tagged under: World Bank

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World Bank/Ecofys affirms sensitivity of cement sector to carbon leakage

07 October 2015, Published under Cement News

While other factors such as raw materials, energy, labour and knowledge also have to be considered in terms of carbon leakage, the impact of carbon pricing on a cost-competitive industry such as the cement industry cannot be ignored, according to “State and Trend of Carbon Pricing 2015”, a report published by the World Bank and Ecofys. “However, for sectors producing relatively homogenous products — such as commodities, steel, cement, and electricity — cost competition is crucial. … Often, p...

World Bank expected to provide US$200m for Vietnam WHR systems

23 December 2014, Published under Cement News

The World Bank is expected to provide US$200m for Vietnam's cement companies to invest in technology to collect heat from their kilns to generate power, according to the Vietnam National Cement Association (VNCA). VNCA said the financing pledge is part of the international lender’s programme to finance efficient energy consumption for the local cement industry and the step can help save some 30 per cent of electricity used in cement production. The association’s chairman, Nguyen Quang Cu...