Cement News tagged under: Western Europe
Titan has released its Integrated Annual Report 202329 March 2024, Published under Cement NewsTitan has released its integrated annual report 2023 (IAR), which outlines the group’s financial, as well as environmental, social, and governance (ESG) performance. 2023 was a year of record-breaking performance, increased shareholder returns and long-term stakeholder value creation, in line with its Green Growth Strategy 2026. These accomplishments underscore TITAN's commitment to sustainability, innovation, and customer-centricity, said the company. In line with its Strategy 2026, TITA... |
Ecocem announces plans to expand production in The Netherlands28 March 2024, Published under Cement NewsEcocem agrees deal with Overslagbedrijf Moerdijk to expand production and storage capacity in The Netherlands (© Ecocem) Europe’s leading provider of low-carbon cement technologies, Ecocem , has reportedly negotiated a deal with Overslagbedrijf Moerdijk (OBM) to expand production and storage capacities in The Netherlands. The deal is a part of Ecocem’s plans to make its ‘ACT technology’ commercially available by 2026. ACT is a breakthrough cement technology that comb... |
Saint-Gobain issues first double green bond27 March 2024, Published under Cement NewsSaint-Gobain has successfully priced its first double green bond, reinforcing its commitment to sustainable construction. This follows a Sustainability Linked Bond in August 2022 and renewal in December 2023 of its backup revolving credit facility as a Sustainability Linked Loan. Two tranches of the green bond have been issued – EUR1bn with a six-year maturity and a 3.375 per cent coupon, and EUR1bn with a 10-year maturity and a 3.625 per cent coupon. According to the company, the bonds... |
CRH completes lime divestment deal in UK27 March 2024, Published under Cement NewsIn November 2023 CRH announced that its had reached an agreement to divest its lime operations in Europe to SigmaRoc for around US$1.1bn. The first phase of the deal was completed in January 2024, comprising the operations in Germany, Czech Republic and Ireland. CRH has now completed the second phase of the transaction, comprising its UK lime operations. The final phase, concerning the assets in Poland, is due to complete later this year. The deal includes 16 operating locations a... |
Carbon Re appoints new CEO27 March 2024, Published under Cement NewsCarbon Re has appointed experienced entrepreneur Josh Vernon as its new CEO. Carbon Re is an industrial AI company that is focussed on decarbonising energy intensive industries such as cement, steel and glass. Josh Vernon has relocated from Sydney, Australia, to join Carbon Re in London. His most recent role was with Humanforce, Australia’s leading provider of HR/HCM tools to frontline workers. Josh joined Humanforce following the sale of Earnd, where he was co-founder and CEO. Earnd, Aus... |
Heidelberg Materials and UK Government plan Padeswood carbon capture principles26 March 2024, Published under Cement NewsMinister for Energy Efficiency and Green Finance Lord Callanan visits Heidelberg Materials’ Padeswood cement works Heidelberg Materials has signed a statement of principles with the UK Government’s Department for Energy Security and Net Zero for its planned carbon capture plant at Padeswood cement works. The agreement marks a milestone for the project and Heidelberg Materials and the UK Government will now enter final negotiations, with the aim of making a final d... |
ABB and Captimise sign MoU for European CCUS projects26 March 2024, Published under Cement NewsABB and Captimise are extending their collaboration to drive the adoption of cost-effective carbon capture, utilisation and storage (CCUS) technologies in the cement industry. Under a Memorandum of Understanding (MoU), the two companies will develop screening, feasibility and front-end engineering and design (FEED) studies for European projects. The initiative will support cement producers in identifying suitable and cost-efficient carbon capture technologies covering their full carbon chain... |
CO2 capture and storage - a German pipe dream waiting to happen?22 March 2024, Published under Cement NewsThis week, a report on Germany's CO2 pipeline infrastructure by the country's cement industry association, VDZ, estimated that a total of 4800km of CO2 pipelines is needed, costing EUR14bn, to decarbonise. Moreover, as the cement industry and other heavy industries in the EU emission trading scheme must produce a largely climate-neutral business, the CO2 pipeline network has to be in place by 2040. VDZ's pipeline transport costs are approximately EUR25-30/t CO 2 . For longer distances of ... |
Heidelberg Materials Italy signs clean energy PPA22 March 2024, Published under Cement NewsHeidelberg Materials Italy ( Italcementi ) has signed a power purchase agreement (PPA) with OX2, Europe’s leading producer of renewable energy. The PPA covers the supply of an average of 36.6-51.2GWh of clean energy over a seven-year period from 2025-2032. The majority of the energy will be sourced from OX2’s Stornarella wind farm near Foggia, Italy. The wind farm, which was purchased by Glennmont Partners, now Nuveen Infrastructure, is currently under construction and due to be complet... |
Cemvision raises EUR10m in landmark climate tech seed round22 March 2024, Published under Cement NewsIn the largest known green cement seed round to date, Sweden-based Cemvision joins forces with its compatriot investors Polar Structure and BackingMinds, and SF-based Zacua Ventures. BackingMinds and Polar Structure have invested the largest share of EUR10m, with Zacua contributing an additional amount for Cemvision to further develop its alternative to traditional Portland cement, reducing CO 2 by more than 95 per cent while retaining durability and performance. Cemvision is produced usi... |