Cemex invests in KC8 Capture Technologies
Cemex has announced its latest investment in the carbon capture start-up KC8 Capture Technologies (KC8) through its venture capital and open innovation unit, Cemex Ventures. The...
Investment
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India Cements announces capex plans
India Cements plans to spend around INR7000m (US$84m) on capex over the next two years, primarily to improve operational efficiency, according to BusinessLine Online. Among its ...
Gautam Adani raises stake in Ambuja Cements
Gautam Adani and his family have made a further investment in Ambuja Cements . Injecting another INR83,390m (US$998.3m) into the business has increased their stake in the cement...
Holcim Philippines invests US$35m in renewable energy
Holcim Philippines has announced plans to spend PHP2bn (US$35m) over the next three years on co-processing and increasing its use of renewable energy. According to the company, ...
UltraTech announces two new greenfield plants
UltraTech Cement is investing INR324,000m (US$3.89bn) in capex over the next three years, including two new greenfield plants, which will add an additional 5.4Mta in cement prod...
Northern Region Cement signs US$44m Iraq partnership
Saudi Arabia-based Northern Region Cement Co has signed a partnership agreement with Al-Diyar Al-Iraqia for Investments Co which sees the Iraqi company acquire 49 per cent of No...
US Department of Energy invests US$46m in carbon capture projects
The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has announced US$45.6m in federal funding for nine projects that will advance CO 2 captu...
Ambuja Cements announces green power investment
Ambuja Cements has announced plans to invest INR60,000m (US$723m) in renewable energy, resulting in green power accounting for 60 per cent of its energy requirements. According ...
Adani Group commits to investment in Bihar
The Adani Group has announced plans to invest an additional INR87,000m (US$1046m) in the Indian state of Bihar. The money will be spent across a number of sectors, including its...
Taiheiyo to build new terminal in Philippines
Japan-based Taiheiyo Cement Corp (TCC) will build a new cement terminal in Calaca, Batangas, Philippines, to enable the company to serve the Luzon market from its pant in San Fe...