Cement News tagged under: Environmental
Cementos Molins signs sustainability-linked loan16 November 2023, Published under Cement NewsCementos Molins of Spain has signed a second novation of its sustainable syndicated financing, which was originally formalised in 2019 with a first novation completed in 2021. This second continues to be classified as a "sustainability-linked loan" and extends the maturity by another two years until December 2028, maintaining the amount to EUR300m divided between a term loan of EUR75m and a revolving credit facility of EUR225m. All other terms and conditions also remain unchanged. The ... |
JK Lakshmi Cement prepares for calcined clay cement production15 November 2023, Published under Cement NewsJK Lakshmi Cement Ltd is poised to become the first cement company in India and across Asia to start commercial production of Portland calcined clay limestone Cement (IS 18189:2023) or LC3. This is a milestone achievement since most of the cement will be supplied to Noida International Airport (NIA). This will reduce the carbon footprint of the airport project which is in collaboration with Zurich Airport International AG with their EPC as TATA Projects Ltd. This initiative aims to combine... |
Materials scientists call for wider adoption of low-carbon cement15 November 2023, Published under Cement NewsConvening at a symposium in Paris hosted by Ecocem , Europe’s leading low-carbon cement technology business, scientists shared latest research papers on low-carbon cement technologies, and focussed on ideas and materials which can accelerate decarbonisation of the sector. The meeting called for the cement and construction sectors to urgently adopt low-carbon cement technologies to radically reduce CO 2 emissions. The scientists concluded that adopting the latest developments in low-c... |
CEMEX Poland agrees renewable energy contract with Statkraft15 November 2023, Published under Cement NewsCEMEX Poland has entered into a long-term contract with Statkraft for the supply of green electricity from renewable sources, which is confirmed and secured by the purchase of a Guarantees of Origin (GOs). The contract is based on the Corporate Power Purchase Agreement (CPPA) formula and covers energy supplies over a period of eight years starting 1 January 2025. The signed contract is expected to secure about 30 per cent of the annual energy needs of CEMEX Poland's plants. Energy su... |
LETA provides US$3.8m funding for PACER technology10 November 2023, Published under Cement NewsLow Emission Technology Australia (LETA), an investor in technologies critical to reducing carbon emissions from industry, has committed AUD6m (US$3.8m) to support a new carbon capture solution for clinker production. In a statement, LETA announced a partnership with Australian developer KC8 Technologies for the PACER (Potassium Carbonate Absorption for Clinker Emissions Reduction) initiative.The project’s goal is to capture up to 95 per cent of emissions generated during clinker producti... |
US General Services Administration to spend US$2bn on low-carbon building materials09 November 2023, Published under Cement NewsThe US General Services Administration (GSA) plans to spend US$2bn from the Inflation Reduction Act (IRA) to purchase cement and other building materials with substantially lower embodied carbon emissions, according to the Sierra Club. The building materials will be used to build and retrofit hundreds of government facilities in 150 projects across 39 states, Washington DC and Puerto Rico. The step follows the success and lessons learned from 11 pilot projects announced in May 2023. The ... |
PCA urges EPA to revisit air quality proposal07 November 2023, Published under Cement NewsThe Portland Cement Association (PCA) has urged the US Environmental Protection Agency (EPA) to reconsider enforcing a proposed lower, fine particulate matter (PM) National Ambient Air Quality Standard (NAAQS). Under the NAAQS programme, the proposed rule would lower the primary (health-based) annual fine particulate matter (PM2.5) standard from the current level of 12µg/m 3 to within a range of 9-10 µg/m 3 . Complying with the new standard would require America’s cement companies — wh... |
TPI Polene Plc achieves 5-star corporate governance rating07 November 2023, Published under Cement NewsBoth TPI Polene Plc (TPIPL) and TPI Polene Power Plc (TPIPP) have achieved the five-star “Excellent” rating of its Corporate Governance Practices for the year 2023 as assessed by both the Institute of Directors (IOD) and the Stock Exchange of Thailand (SET) and as published in their “Report of Thai Listed Companies for the Year 2023” (CGR 2023). This marks the first time that both TPIPL and TPIPP achieved the highest Corporate Governance rating in Thailand. In a statement TPIPL and TPIP... |
ClimeCo leads development of low-carbon cement protocol03 November 2023, Published under Cement NewsClimeCo, a leading global sustainability company, recently leveraged its industrial and methodology expertise to lead the development of Climate Action Reserve’s (CAR) new US Low Carbon Cement Protocol. The protocol establishes a first-of-its-kind pathway to generate voluntary carbon credits from the production of novel and under-utilised alternative cementitious materials (ACMs) and supplementary cementitious materials (SCMs). Funds generated by these credits will be used to incentiv... |
Holcim signs power agreement with Berde Renewables31 October 2023, Published under Cement NewsHolcim Philippines has signed a power purchase agreement with Berde Renewables, a distributed energy platform of I Squared Capital. Holcim will use solar rooftop projects on its Bulacan and La Union plants with a combined capacity of 5.5MWp and an annual generation of approximately 7.8GWh. Holcim Philippines president and CEO, Horia Adrian, said the project is a significant decarbonisation milestone, “reducing our carbon footprint by more than 20 percent since 2018, with our focus o... |