Cement News tagged under: net zero
EBRD and A³&Co support Arabian Cement on net zero journey21 November 2023, Published under Cement NewsThe European Bank for Reconstruction and Development (EBRD) and consulting firm A³&Co ® have joined forces to support Egypt’s Arabian Cement Co in its transition to net zero. According to Zawya, the collaboration aims to develop a decarbonisation roadmap for the cement producer that not only reduces carbon emissions but also lowers costs by accelerating the production of low carbon cement, leveraging A³&Co’s expertise in green cement solutions, and maximising EBRD’s commitment to green in... |
Holcim US rebrand reaches Atlanta17 November 2023, Published under Cement NewsHolcim US has announced that the expansion of its rebrand has now touched down in Atlanta, Georgia, one of its major cement distribution markets. The transition will see the company refresh its branding and renew its commitment to sustainability as part of the global focus on becoming a net-zero company. With cement terminals in Cartersville, Duluth and Covington, Georgia, the rebranding initiative reinforces Holcim’s dedication to the Metro Atlanta area and Southern region, according ... |
CRH and Volvo collaborate on net zero15 November 2023, Published under Cement NewsCRH and Volvo Group have signed a Memorandum of Understanding (MoU) to accelerate net-zero innovations in the design and deployment of on-road vehicles and off-road equipment used in the construction industry. According to the companies, the MoU will focus on next-generation technology deployment, scaling cutting-edge technology, and operational efficiency. Both companies are on ambitious journeys to reduce emissions. Volvo Group’s target is to have 35 per cent fully-electric sales by... |
Suggested changes to EU's Net Zero Industry Act spark concern10 November 2023, Published under Cement NewsThis week CEMBUREAU issued an urgent call for action to the European Parliament to maintain the ambitious CO2 storage target that the EU set out in March 2023 in the EU Net Zero Industry Act (NZIA), after changes to the initial draft were recently suggested by the ENVI Committee. The proposed Act is seen as an EU response to the US Inflation Reduction Act (IRA), designed to establish a framework to achieve industrial decarbonisation in Europe. The draft NZIA set an ambitious storage ... |
Holcim sets out European ambitions08 November 2023, Published under Cement NewsHolcim intends to drive profitable growth in Europe, reaching CHF10bn (US$11.1bn) in net sales and CHF1.6bn in EBIT by 2026 with increasing margins. According to the company, its ambition is to achieve annual organic growth of above four per cent in net sales and more than eight per cent in recurring EBIT to 2030 in Europe, while reducing CO 2 per net sales by 60 per cent compared to 2020. Miljan Gutovic, region head Europe, said, “Europe offers the most advanced regulatory environmen... |
Deutsche Bank clamps down on emissions targets20 October 2023, Published under Cement NewsDeutsche Bank has reportedly set emissions targets for loans to clients in the cement sector as part of the bank’s net-zero target for 55 per cent of its financed emissions. According to Reuters, the bank, which is Germany’s biggest lender, is under increasing pressure from policymakers and investors to encourage clients to reduce their greenhouse gas emissions. Twelve months ago the bank set up a ‘net zero forum’ of senior executives tasked with assessing loan deals of more than EUR25... |
ALCCC welcomes nine new members14 September 2023, Published under Cement NewsThe Alliance for Low-Carbon Cement & Concrete (ALCCC) has welcomed nine new members, taking its total membership to 21. New members include Betolar, 3Béton, Carbon RE, Cemvision, the European Environmental Bureau (EEB), Greenmade, Materrup, Nomad and Sublime Systems. The ALCCC was launched in May 2023 to accelerate decarbonisation of the cement and concrete industry, targeting net zero by 2040. It aims to unites stakeholders from across the value chain, representing mature material design... |
UK Government announces new AI funding for carbon intensive sectors18 August 2023, Published under Cement NewsThe UK government has announced GBP3.75m (US$4.78m) in new funding for artificial intelligence (AI) solutions to accelerate industrial decarbonisation across the country. Twelve green AI initiatives will receive a share of GBP1m to decarbonise and boost the generation of renewable energy, contributing to the country’s net zero goal by 2050. A further GBP2.25m has been allocated to support further AI innovations, with the aim of cutting emissions specifically in energy sectors. In addition... |
New Zealand's concrete industry launches its net zero roadmap15 August 2023, Published under Cement NewsNew Zealand’s concrete industry has launched its roadmap to net zero carbon by 2050 - A Net Zero carbon concrete industry for Aotearoa New Zealand: Roadmap to 2050 . Concrete New Zealand (NZ) CEO, Rob Gaimster, described the Roadmap as a pivotal moment for the concrete industry and the country’s built environment. "We must provide adaptive solutions that address and help ease the impacts of climate change in a country that is also at risk of earthquakes, tsunamis and volcanoes," Mr Gaim... |
FLSmidth and Mannok partner on SCM project15 August 2023, Published under Cement NewsFLSmidth and Ireland-based cement producer Mannok are partnering on a new decarbonisation research project to maximise supplementary cementitious materials (SCMs) in cement composition, using digitalisation and advanced predictive modelling. SCMs are expected to play a key role in the cement industry’s pathway to net-zero. Covering a range of materials, from natural pozzolans to calcined clay and industrial byproducts, SCMs have a lower-carbon footprint than traditional Portland clinker... |