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News August 2025

August 2025

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Femi Otedola acquires US$6.73m-worth stake in Dangote Cement

23 January 2024

Nigeria: Investor Femi Otedola has reported making a ‘significant acquisition’ of shares in Dangote Cement. The Premium Times newspaper has reported the value of the newly acquired shares as US$6.73m.

Femi Otedola said “Dangote Cement's unique position with two export terminals offers a substantial opportunity to earn foreign exchange, crucial for Nigeria's economy. This, along with the company's pan-African presence, makes it an ideal investment choice."

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Aker Carbon Capture and MAN Energy Solutions partner for North American CCUS deployment

23 January 2024

North America: Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding (MoU) to explore carbon capture, utilisation and storage (CCUS) and CO2 compression opportunities in North America. The collaboration will combine Aker Carbon Capture's amine capture technology with MAN Energy Solutions’ compressor technology to provide standardised and modularised solutions, with optimised energy consumption and delivery time. Both parties are currently participating in the Brevik capture and storage project with Heidelberg Materials Northern Europe in Norway. Rystad Energy has forecast potential capture capacity across North American industries of 200Mt/yr by 2030.

Aker Carbon Capture head of North America Jonah Margulis said "This agreement will strengthen our position to remove and reduce carbon emissions from industries and energy solutions, which is supported by strong incentives from the US government."

MAN Energy Solutions head of sales and project management, carbon capture and storage, Marco Ernst said "We are delighted to work with Aker Carbon Capture, which appreciates our comprehensive expertise in compressor solutions in general and in the area of CO2 compression in particular. We feel encouraged by the high level of interest in our technical solution concepts that we are on the right path towards sustainable decarbonisation of the industries that have previously had particularly high emissions."

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Nepal Cement Manufacturers Association signs memorandum of understanding for limestone calcined clay cement technology

23 January 2024

Nepal: The Cement Manufacturers Association (CMA) has signed a memorandum of understanding (MoU) with the Department of Mines and Geology and non-governmental organisation Technology and Action for Rural Advancement (TARA) for the adoption of limestone calcined clay (LC3) cement in Nepal. The parties say that LC3 cement can reduce CO2 emissions by 40% and reduce coal consumption in cement production. Enewspolar News has reported that the Swiss Development Cooperation has previously supported the diffusion of the technology in the global cement sector.

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Uzbekistan's 11-month cement production rises in 2023

23 January 2024

Uzbekistan: Cement production was 11.1Mt nationally from January to November 2023, up by 2.5% year-on-year, according to Statistics Agency of Uzbekistan data. Trend News has reported that Uzbek Building Materials Producers’ Association expects annual production to eventually rise by 3Mt/yr after China Energy International Group Samarkand Cement commissions its upcoming Samarkand cement plant.

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TopWerk Group endorses Partanna Global's carbon-negative binder

23 January 2024

Germany/US: Concrete production equipment supplier TopWerk Group has formally endorsed Partanna Global's carbon-negative binder as a replacement for cement in the production of concrete using its equipment. Partanna plans to install TopWerk equipment at its four upcoming production plants, under an exclusive three-year agreement. The endorsement is intended to help shift TopWerk's global customers from using cement to using Partanna Global’s binder.

Partanna Global CEO Rick Fox said “TopWerk's endorsement of Partanna represents a major vote of confidence in our technology from one of the most respected names in global construction. We’re humbled and proud that one of the world’s leading concrete machinery producers has given us their backing. We hope this signals to the industry that Portland cement is no longer the only solution in town, and that the days of burning rocks are fast coming to an end.”

TopWerk CEO Robert Gruss said "We believe our exclusive partner Partanna has come up with a truly impressive solution that can contribute to putting this polluting practice to an end. The company’s carbon negative binder is one of the most exciting innovations we have witnessed in our industry for decades. It is the most advanced alternative binder solution in the market and the only credibly carbon negative solution that has the potential to scale globally. Over the last two years, we have rigorously tested their formula and have validated its application as a direct replacement solution for Portland cement. In many ways, their binder actually performs better than the legacy solution.”

The endorsement follows Saudi Arabia-based property developer ROSHN's announcement of an upcoming carbon-negative concrete plant that will use Partanna Global's technology earlier in January 2024.

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Adani Group to establish cement plant in Santhal Pargana

22 January 2024

India: Adani Group has announced plans to build a new cement plant, possibly at Godda, in Jharkhand’s Santhal Pargana Division. The Times of India newspaper has reported that producer recently established a 1.6GW power plant in Godda.

The group said “In keeping with our group’s expansion plans, we are conducting a feasibility study to set up a cement factory, most probably in Godda. A proposal will be sent to government soon. The proposed plant will further boost the economy of Godda and Santhal Pargana. The proposed plant will utilise fly ash from our existing power plant here as raw material. At present, the fly ash is being sent to the ACC cement plants in Jhikpani and Sindri.”

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Holcim US to trial GTI Energy and Ohio State University’s carbon capture technology

22 January 2024

US: Holcim US, in partnership with The Ohio State University and GTI Energy, will install membrane carbon capture technology at its Holly Hill, South Carolina, cement plant. The project is partly funded by a US$7m the US Department of Energy. The partners aim to capture 99% of the plant’s CO₂ emissions.

GTI Energy vice president of carbon management and conversion Don Stevenson said "This project will showcase the power of collaboration and innovation in tackling the complex challenge of transitioning to cleaner energy systems. The development and implementation of cost-effective carbon capture technologies are key to meeting our decarbonisation goals."

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China Tianrui Group Cement secures loan

22 January 2024

China: China Tianrui Group Cement has signed a new loan facility agreement. Reuters has reported the value of the loan as US$23.1m.

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Shree Cement commences production at Nawalgarh cement plant

22 January 2024

India: Shree Cement’s Nawalgarh cement plant has entered production, Dow Jones Newswires has reported. The plant has an integrated cement capacity of 4.2Mt/yr.

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Holcim US partners with Greentown Labs for sustainable building innovation

22 January 2024

US: Holcim US has entered a partnership with climate tech start-up incubator Greentown Labs to accelerate decarbonisation in the built environment, using the latter’s Somerville, Massachusetts, and Houston, Texas, incubators. Holcim said that the collaboration will increase its access to start-ups in the field of sustainable building solutions. The producer has additionally joined Greentown Labs’ Industry Leadership Council for strategic guidance. Greentown Labs supports over 200 start-ups and has assisted more than 525 since its inception. It offers lab space, office space, machine shops, electronics labs, tool shops, software, business resources and a network of stakeholders to climate tech start-ups.

Holcim chief sustainability officer Nollaig Forrest said “With our open innovation ecosystem, we partner with hundreds of start-ups worldwide to accelerate the shift to sustainable building. By partnering with Greentown Labs, we aim to empower the best and brightest start-ups active in the built environment to scale up their impact. The combination of Holcim MAQER Ventures, our venture capital programme, with Greentown’s stellar roster of successful climate tech start-ups will serve as a catalyst to reinvent how the world builds for a regenerative future.”

Greentown Labs CEO Kevin Knobloch said "Greentown Labs is thrilled to be partnering with Holcim, a global leader in sustainable building solutions to decarbonise the built environment to bolster cutting-edge climate tech innovations in this critical sector. We look forward to seeing Holcim engage with our building tech start-ups, sharing its unmatched expertise in low-carbon building innovations and helping advance our entrepreneurs' solutions."

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