Cement News tagged under: decarbonisation

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CEMEX validates 2050 net-zero CO2 target with SBTi

09 December 2022, Published under Cement News

CEMEX has validated its 2050 net-zero CO 2 target through the Science Based Targets initiative (SBTi), becoming one of the first companies in the industry to do so. The validation accounts for CEMEX’s short-term 2030 targets, previously validated by the SBTi for alignment with their 1.5ºC scenario, and long-term targets along its entire value chain.   CEMEX’s alignment of its roadmap to SBTi’s Net-Zero Standard reflects its confidence that it is on the right path to net-zero and to co...

Winning carbon reduction strategies

06 December 2022, Published under Cement News

At its Santa Rosa plant in Colombia, CEMEX is harnessing the plant’s proximity to suppliers of alternative raw materials and hydropower sources to reduce the clinker factor in its cement and impact positively on carbon reduction targets. By CEMEX, Colombia. Thanks to its strategic location, CEMEX’s Santa Rosa plant in Colombia can tap alternative sources of raw materials and energy to reduce its carbon footprint The world seems to have just about enough clinker. Every day mor...

Paths to decarbonisation

05 December 2022, Published under Cement News

Heidelberg Materials and Holcim, Europe’s two largest cement producers by revenue, have embarked on very different paths to reduce their carbon footprints to net zero by 2050. While Heidelberg Materials aims to pioneer carbon capture, utilisation and storage (CCUS) in the cement industry, Holcim is primarily reducing its exposure to the cement sector by half by 2025 via product diversification and asset disposals. Heidelberg Materials’ decarbonisation drive focusses on carbon capture ...

WCA's CEO responds to WWF EU ETS free allocation analysis

05 December 2022, Published under Cement News

Ian Riley, CEO of the World Cement Association, has responded to recent analysis from the World Wildlife Fund on the  EU ETS emissions over the examined period (2013-21), when more than half of the emissions (53 per cent) were handed out to polluters for free through the so-called ‘free allocation’ scheme. These free permits to pollute were worth EUR98.5, more than all the revenue that EU countries earned through selling regular allowances, stated the WWF. The WWF argues that while th...

Ecocem launches breakthrough technology ACT

29 November 2022, Published under Cement News

Ecocem is launching ACT, a breakthrough cement technology, which combines a range of technical innovations with the use of widely available low-carbon materials to decarbonise the production of cement by as much as 70 per cent, while enhancing the strength and durability of the concrete it is used to manufacture. ACT is fully scalable and can be deployed globally. It can be produced within existing cement plants without significant investment or modifications and can be deployed rapidly an...

EUA prices consolidate at higher level awaiting policy decisions

28 November 2022, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark The increase in fossil fuels use for power generation is keeping the demand for EUAs relatively high. However, a mild winter start and a falling energy complex temper this trend. Therefore, a rally above EUR80 is not expected in the short term as an economic slowdown is expected to lead to demand destruction. Speculators have reduced their presence in terms of size and more short positions have been seen. The market is now awaiting politica...

India’s cement market evolution and path to net zero

18 November 2022, Published under Cement News

With the Indian cement market changing rapidly, demand is not only soaring, but the applications for which it is used are changing. Findings from a study by Mission Possible Partnership’s Concrete Action for Climate initiative, conducted in collaboration with Boston Consulting Group, highlight that this evolution has substantial implications for the pathway to net zero, and decarbonisation plans must address the country’s present and future use of cement and concrete. By Yvonne Leung, World ...

CEMEX sets "most ambitious" decarbonisation goals in the industry

17 November 2022, Published under Cement News

CEMEX has a “promising medium term outlook”, according to Fernando A González, chief executive officer. Speaking at the company’s 2022 CEMEX Day on 16 November, Mr González said the markets in which the company operates are seeing strong demographics and urbanisation trends, along with “pressing needs for more resilient and sustainable infrastructure, buildings and homes”. With 10Mta of cement capacity additions in the pipeline, 4.4Mta of which is being rolled out in 2022-23 in Mexico, ...

Asia Cement to start CCUS in 2025 with TCRK technology

15 November 2022, Published under Cement News

TCRK, a fast-growing IP-led CO2 capture and usage business, is collaborating with Asia Cement  to bring TCRK’s carbon capture technology to a major South Korean cement plant, and support Asia Cement in achieving its 2025 decarbonisation commitments. Starting in the 1Q23, this first commercial scale deployment of TCRK carbon capture and utilisation technology will initially target 30,000t CO2e per year, growing to 120,000t CO2e per year over the first 18 months. This second target will pr...

CEMEX validates its new 2030 decarbonisation goals

11 November 2022, Published under Cement News

CEMEX has validated its 2030 decarbonisation goals through the Science Based Targets initiative (SBTi) for alignment under their new 1.5ºC scenario, the most ambitious pathway defined for the industry.  The company now has 2030 scope 1 goals  of 47 per cent less of CO 2  per tonne of cementitious material than its 1990 baseline and 35 per cent less of carbon content in concrete. For scope 2 goals, by 2030 Cemex is targeting 65 per cent in clean electricity consumption .   Th...