Cement News tagged under: decarbonisation
Schaeffler secures CDP 'A' rating for environmental management12 February 2024, Published under Cement NewsSchaeffler has been awarded an “A” score in the climate change category for 2023 by the global non-profit environmental organisation CDP for its commitment to corporate transparency and performance. In the water category, the score was “A-”. Based on data obtained from the CDP questionnaire on climate change, Schaeffler is one of the few companies assessed in 2023, numbering in excess of 21,000, to achieve an “A” score. “This confirmation of Schaeffler’s “A” rating in the area of climate ch... |
Cementir posts 2023 preliminary unaudited EBITDA of EUR421.9m09 February 2024, Published under Cement NewsCementir Holding Group reports preliminary unaudited results for 2023. EBITDA reached the historic record of EUR421.9m, up 25.4 per cent compared to the EUR336.3m of 2022, following the improved results achieved in all geographical areas with the exception of the United States. The EBITDA margin was 24.5 per cent compared to 19.5 per cent in 2022. Net financial income totalled EUR15.8m (income of EUR11m in 2022). Revenue in 2023 reached EUR1694.2m, down 1.7 per cent compared to 2022. Prof... |
Ecocem's ACT technology obtains ETA09 February 2024, Published under Cement NewsEcocem ’s ACT technology has obtained an ETA (European Technical Assessment) from EOTA (European Organisation for Technical Assessment) for a new eco-efficient cement. This independent assessment is a critical step towards CE marking and will enable the introduction of this new low-carbon cement throughout Europe. "The ETA provides Ecocem with a route to full commercialisation for its ACT technology by 2026 and creates the opportunity for the cement and concrete industries to do the same,... |
Titan achieves top ‘A' CDP score for climate leadership09 February 2024, Published under Cement NewsFor the second consecutive year, Titan has earned a place on the globally-recognised 'A' List of the carbon disclosure non-profit organisation CDP, in recognition of its leadership in corporate transparency and performance on climate change. Furthermore, the company has achieved an 'A-' score for water security management. Titan is one of only three companies in its sector to attain top scores in both categories. Since 2020, Titan has reduced its net specific CO 2 emissions by almost 1... |
Heidelberg Materials awards FEED contract for Padeswood08 February 2024, Published under Cement NewsSustainability solutions provider Worley and Mitsubishi Heavy Industries (MHI) Group have been awarded a front-end engineering and design (FEED) contract by Heidelberg Materials UK for the development of a carbon capture facility at the Padeswood cement works in north Wales. The Padeswood project has been selected as a Track 1 capture project by the UK government and is a key establishing project within the HyNet industrial cluster. Once operational, it is anticipated to capture up t... |
CEMEX supports EC's Carbon Management Strategy08 February 2024, Published under Cement NewsThe European Commission has presented its Carbon Management Strategy in an announcement this week that details the EU’s policy approach to industrial carbon management for the coming decades. CEMEX firmly welcomes this outline of upcoming initiatives and policies, and stands ready to support the European institutions in the design and implementation of the announced actions. In line with the EU's 'Fit for 55' aspirations, CEMEX has already reduced the CO 2 intensity in its European cemen... |
Cementing your lead: cement industry in net-zero transition06 February 2024, Published under Cement NewsTo reach net-zero emissions by 2050, cement producers will have to invest heavily, but innovative technologies could provide at least a partial solution. By Fabian Apel, Johanna Hoyt, Francisco Marques, Sebastian Reiter and Patrick Schulze, McKinsey & Co. In the short term, the supply of lower-carbon cement is unlikely to keep up with increasing demand from end consumers with ambitious CO 2 targets ( © jamesteohart) The cement and concrete industry has established new target... |
Mannok's commitment to energy efficiency pays dividends05 February 2024, Published under Cement NewsIreland’s Mannok Cement has revealed that since 2017 it has saved 59mkWh of energy at its cement manufacturing facility through a multi-million-euro investment in energy-saving projects, while adhering to and retaining the energy management standard, ISO 50001. The saving is equivalent to the annual electrical energy usage of 14,047 Irish households, each consuming 4200kWh of electricity. The company began its journey of improving energy efficiency in 2017 while preparing for ISO 50001... |
China Cement Association and GCCA sign low-carbon future agreement02 February 2024, Published under Cement NewsThe two leading representative bodies of the global cement industry have signed a milestone agreement to help accelerate decarbonisation of the sector across the world. China Cement Association (CCA), which represents more than 50 per cent of the world’s cement production and the Global Cement and Concrete Association (GCCA), whose members account for 80 per cent of cement production capacity outside of China, have signed a historic partnership pledge. The pledge includes an agreement to wor... |
Net zero shipping strategies30 January 2024, Published under Cement NewsAs the maritime sector looks to reduce its greenhouse gas emissions, fostering collaboration between cement producers and cement carrier operators can be of benefit to both industries. Decarbonisation options for both existing and newly constructed vessels can also enable more effective and efficient shipping operations. By Lukky Prasetyo, PT Indobaruna Bulk Transport, Indonesia. The International Maritime Organisation’s (IMO) Carbon Intensity Indicator (CII) came into force on 1 ... |