Displaying items by tag: CO2
Eqiom commences Lumbres cement plant decarbonisation upgrade
14 February 2024France: CRH subsidiary Eqiom has commenced the first phase of its K6 decarbonisation project at its Lumbres cement plant in Hauts-de-France. In this phase, the producer will build a new production line that uses alternative fuels. This will reduce the plant’s specific CO2 emissions per tonne of clinker by 20%. Eqiom says that this will pave the way for future carbon capture efforts at the plant, with a view to achieving net zero CO2 clinker production.
Cementos Argos to use microalgae for carbon capture
14 February 2024Colombia: Cementos Argos has partnered with Ecopetrol, EAFIT and the University of Antioquia to develop a method of carbon capture using microalgae that also produces useable biomass. The partners will process this biomass into biocrude, with similar properties to fuel oil.
Cementos Argos’ project leader Gabriel Vargas said, “In microalgae we found a potential alternative, but this involved developing a technology for microorganisms to eat CO2 and grow from there. Then, looking for what we could use that biological material for, we saw an opportunity in biofuels. That's when, with the help of the PQI research group at the University of Antioquia, which had already been carrying out studies on the hydrothermal liquefaction of biomass, we began to refine that process.”
Cemex reports sales growth in 2023
09 February 2024Mexico: Cemex reported sales of US$17.4bn in 2023, up by 8% year-on-year from 2022 levels. Meanwhile, the group’s operating earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 20% to US$3.35bn. The producer said that strong product pricing in all markets and slowing costs inflation compounded the positive effects of its growth investment strategy. On a consolidated basis, Cemex’s cement sales volumes fell by 6% to 51.7Mt from 55.1Mt. They rose by 3% in Mexico but fell by 10% in Europe, Middle East, Africa and Asia, by 3% in South and Central America and the Caribbean and by 13% in the US.
Chief executive officer Fernando González said "I am pleased to announce that 2023 is a great year for our company where we delivered not only great results and recovered from the extraordinary inflationary pressures of the last few years, but also continued executing against our ambitious decarbonisation commitments, reducing our CO2 emissions by 4% year-on-year and by 13% since 2020. Despite the significant macro challenges of the last four years, we have proven not only the resilience of our business model but also our ability to pivot and adjust rapidly to changing global conditions. This foundation gives us additional flexibility in capital allocation, where we continue to accelerate investments in our bolt-on growth strategy, initiate a sustainable return programme for shareholders and bolster our capital structure."
Cemex earns CDP climate A rating
08 February 2024Mexico: Cemex has secured a place on environmental non-profit organisation CDP's 2023 A List for its leadership and transparency in delivering CO2 emissions reduction. Since initiating its Future in Action sustainability initiative in 2020, Cemex achieved a 13% reduction in its CO2 emissions up to 2023.
Cemex CEO Fernando González said "We are proud to be part of this prestigious group of climate action leaders and to receive CDP’s A rating, which reflects Cemex’s leadership in climate action and transparency through significant demonstrable actions. In this Decade to Deliver, we are committed to reaching our ambitious decarbonisation goals so that Net Zero is achievable by 2050."
Germany: Orcan Energy has expanded its Kiel plant in order to produce its waste heat recovery (WHR) systems entirely on-site. The expansion aims to meet increased global demand, in line with Orcan Energy's strategy to help reduce CO2 emissions from cement and other industries.
Orcan Energy CEO Andreas Sichert said "The decision to expand our in-house production capacity in Kiel reflects our commitment to growth and innovation in Germany. With roots in Munich and a range of global projects, we can promote sustainable change around the world from Germany. I look forward to working together with my colleagues in Kiel to contribute to a profitable and sustainable energy future."
Votorantim Cimentos achieves top CDP climate rating
07 February 2024Brazil: Votorantim Cimentos has earned an A the CDP Climate Change 2023 Questionnaire. This achievement reflects the producer's leadership in climate change performance and transparency. Between 1990 and 2022, Votorantim Cimentos reduced its CO2 emissions per tonne of cement produced by 24%.
Global director of sustainability, institutional relations, product development and engineering Álvaro Lorenz said "Earning the highest score from CDP is something we are very proud of. We work daily to achieve our goals in line with our 2030 Sustainability Commitments and the UN Sustainable Development Goals. Tackling the negative effects of climate change is at the core of our strategy and we recognise the role, importance and relevance of our decarbonisation journey."
Cemex welcomes European Commission's Carbon Management Strategy
07 February 2024EU: Cemex has welcomed the European Commission's Carbon Management Strategy, its new policy approach to industrial CO2 emissions reduction. The approach highlights the storage of biogenic CO2 and the development of CO2 transport infrastructure as major strategic paths. Cemex said that it will assist in the design and implementation of actions under the Carbon Management Strategy. In its European cement operations, Cemex reduced its CO2 intensity by 45% in 2023 compared to 1990 levels, and aims to achieve a 55% reduction by 2030. The producer called for ‘the completion of the policy landscape’ in complement to the industry’s on-going efforts towards full decarbonisation.
Cemex Europe, Middle East and Africa director communications, public affairs and social impact Martin Casey said “The strategy is comprehensive and outlines relevant fields of action, but what is essential now is a timely implementation. For companies to move forward, the regulatory framework regarding carbon capture and utilisation or storage, along with carbon accounting and removals, must be completed as a matter of the utmost urgency. The cement plant of 2030 is planned and designed today.”
Mitsubishi Heavy Industries to deliver full-scale carbon capture system at Heidelberg Materials UK's Padeswood cement plant
06 February 2024UK: Heidelberg Materials UK has awarded Japan-based Mitsubishi Heavy Industries (MHI) a front end engineering design (FEED) contract for an upcoming carbon capture installation at its Padeswood cement plant in Flintshire. Australia-based Worley will also collaborate on the project, which is scheduled to become operational in 2028. The partners aim to capture up to 800,000t/yr of CO2 using MHI’s amine solvent-based Advanced KM CDR process. MHI previously conducted a pre-FEED carbon capture study at the Padeswood plant, beginning in 2022.
Heidelberg Materials UK chief executive officer Simon Willis said "This is a decisive next step in our plans to install carbon capture technology at our Padeswood cement works. Once operational, it will provide net zero building materials for major projects across the country, enabling us to help decarbonise the construction industry and meet our ambition to become a net zero business."
MHI CEO and head of engineering solutions Kenji Terasawa said "Heidelberg Materials UK has committed to reaching net zero carbon by 2050 and will be deploying our proprietary carbon capture technology, the Advanced KM CDR process, to tackle this challenge, leading the way in the UK's cement industry."
Oficemen and Enagás’ new collaboration to include development of carbon capture and storage economy
02 February 2024Spain: The Spanish cement manufacturers' association, Oficemen, has signed a two-year co-operation agreement with utilities provider Enagás. Under the agreement, the pair will explore decarbonisation techniques and solutions, including the development of infrastructure for transporting captured CO2, as well as hydrogen and oxygen. Oficemen members reduced their total CO2 emissions by 44% between 1990 and 2022. Europa Press News has reported that Oficemen believes that carbon capture and storage (CCS) will be crucial in realising the industry’s 2050 climate neutrality goal. Oficemen became the first industrial association in Spain to publish a net zero roadmap in 2020.
Monarch Cement and Evergy Energy Solutions to build 20MW solar power plant at Humboldt cement plant
02 February 2024US: Monarch Cement and Evergy Energy Solutions plan to build a 20MW solar project in Humboldt, Kansas. The project is scheduled to commence in early 2024, and will serve as a ‘benchmark for integrating renewable energy in business operations,’ according to the partners.
Monarch Cement president Kent Webber said “The board of directors and management of Monarch Cement are extremely excited about this win-win venture, where we are making a giant movement toward achieving our 2050 carbon neutrality goals, being socially responsible and providing a more than significant return on investment to our shareholders." He added "Evergy Energy Solutions has done an incredible job of leading and providing solutions at every obstacle. We couldn't be happier with Evergy Energy Solutions’ performance, professionalism and command of the subject."