Cement News tagged under: Weekly Newsletter
UK carbon pricing levy by 202720 December 2023, Published under Cement NewsThe UK is to introduce a new import carbon pricing mechanism by 2027 to support its decarbonisation drive. Among the products subject to the new levy will be cement, along with steel, iron, aluminium and ceramics. Imports of these goods from overseas will face a comparable carbon price to those produced in the UK, helping to reduce the risk of carbon leakage. According to the UK Government, the charge applied by the carbon border adjustment mechanism (CBAM) will depend on the amount of c... |
BUA's Sokoto Line 5 begins production20 December 2023, Published under Cement NewsProduction has begun at Line 5 of BUA Cement ’s Sokoto plant. The 3Mta expansion project forms part of the company’s plans to not only expand its production capacity but also bring down cement prices in Nigeria. In October this year BUA lowered its ex-factory cement price to NGN3500 (US$4.55)/bag, with the company announcing plans to review its prices even further in the opening quarter of 2024, reports The Capital. The new line at Sokoto takes BUA’s total cement production capacity c... |
TITAN announces IFESTOS grant agreement with EU Innovation Fund19 December 2023, Published under Cement NewsTITAN has signed a Grant Agreement with the EU Innovation Fund for IFESTOS, its pioneering carbon capture project in Greece, following its selection in July, in the context of the fund’s third call for large-scale projects. The EU Innovation Fund, one of the world’s largest funding programmes for innovative low-carbon technologies, will support TITAN's project with a grant of EUR234m. IFESTOS is poised to accelerate the green transformation of the Greek building materials industry and ... |
CRH proposal to acquire Adbri18 December 2023, Published under Cement NewsCRH has entered into an agreement to acquire Adbri Ltd . Under the proposal, CRH would partner with Australian family-owned business, Barro Group, which has an approximately 43 per cent share in Adbri. CRH currently has a 4.6 per cent interest in the company via a cash settled derivative and would acquire the remaining approximately 57 per cent of Adbri’s shares not owned by Barro with the intention to delist Adbri from the Australian Securities Exchange (ASX). CRH and Barro have submi... |
Key producers collaborate on new carbon capture technology14 December 2023, Published under Cement NewsHolcim , SCG-CGS , Cementos Argos and Cements Molins are collaborating with Nuada, a pure-play carbon capture company, on a next-generation carbon capture technology designed to deliver low-carbon cement. The technology involves the construction of energy-efficient filtration machines that capture CO 2 from industrial off-gases, enabling hard-to-abate sectors to reduce they carbon footprint with minimal impact on their bottom line. It combines advanced solid adsorbents (Metal Organ... |
Cement factories in Wallonia receive decarbonisation funding boost14 December 2023, Published under Cement NewsHolcim , CBR and Compagnie des Ciments Belges (CBB) are among five industrial companies based in the Wallonia region of Belgium to receive a EUR346m finance package to halve their greenhouse gas (GHG) emissions. Half of the financial package is being publicly financed by Wallonia and Europe. The cement producers will have assistance in halving their CO 2 emissions, along with steel makers Industeel and Aperam. The five heavy-industry manufacturers are among the largest GHG emitters ... |
Aggregate Industries breaks ground on new Tilbury plant14 December 2023, Published under Cement NewsAggregate Industries has broken ground on its new low-carbon cement production unit at the Port of Tilbury in the UK. The new facility will enable the company to supply its customers with conventional, low carbon, and circular cementitious materials from five loading heads. The primary objective of the new unit is to meet increasing demand for sustainable building materials. As well as providing an import hub, this major investment includes new plant equipment for manufacturing blended... |
UltraTech targets 85% green power by 203014 December 2023, Published under Cement NewsUltraTech Cement aims to increase the share of green energy in its total energy mix from the current 22 to 60 per cent by FY25-26 and 85 per cent by 2030. According to its Managing Director, KC Jhanwar, the company has been consistently scaling up the green energy mix in its total power requirement over recent years with the aim of meeting its entire electricity requirement from renewable sources by 2050. To help meet this target, UltraTech has invested in a number of new initiatives ... |
Ramco Cements enhances Kolimigundla clinker capacity13 December 2023, Published under Cement NewsThe Ramco Cements Ltd (RCL) has increased clinker capacity at its Kolimigundla works in Andhra Pradesh, India, by debottlenecking its pyroprocessing system. The debottlenecking process has increased clinker capacity at cement plant by 0.65Mta to 3.15Mta, a company executive told local press. The Kolimigundla plant is now operating at full capacity. The official added that the expansion of the Odisha grinding unit from 0.9Mta to 1.8Mta is expected to be commissioned in January 202... |
Bamburi Cement to cease producing OPC13 December 2023, Published under Cement NewsBamburi Cement ( Tororo Cement ) will cease production of ordinary Portland cement (OPC) within its product line from 1 January 2024, as part of the company’s commitment to decarbonise its operations and provide a greener option of building materials. This landmark commitment, which comes amid the ongoing 2023 United Nations Framework Convention on Climate Change (COP28) in the United Arab Emirates, will accelerate one of its 2030 sustainability targets to have 100 per cent green produc... |