Displaying items by tag: Europe
EU prohibits products’ climate claims based on offsetting
20 September 2023Europe: The Environmental Coalition on Standards (ECOS) has welcomed the EU’s new Empowering Consumers Directive. Under the directive, EU member states must enact laws preventing companies from labelling their products with climate claims based on offsetting. ECOS called the law a ‘significant measure against greenwashing.’ It called on the EU to further ensure that products neither rely on carbon credits, nor on contributions to sustainability projects, in calculating their impacts.
ECOS programme manager Elisa Martellucci said “The EU has taken aim at greenwashing. Climate neutrality claims based only on carbon offsetting are ambiguous and misleading for consumers because they are not linked to concrete efforts to combat the climate crisis. Instead, they rely on flawed carbon accounting practices that ‘write off’ greenhouse gas emissions. The amazing carbon emissions vanishing act is many companies’ dream – but emissions do not magically disappear. Policymakers have taken a strong stance against this deceptive practice.”
Capsol Technologies wins two further carbon capture contracts in Europe
19 September 2023Europe: Norway-based Capsol Technologies says that it has signed contracts for two new feasibility studies for carbon capture installations at ‘large cement plants’ in the EU. If successful, the plants will proceed to the installation of Capsol Technologies’ CapsolEoP carbon capture systems. Nordic Daily News has reported that the technology reduces the energy consumption of carbon capture by 50%, and lowers its costs by 25%, according to the supplier.
The new contracts bring Capsol Technologies’ number of cement industry carbon capture contracts to four, and its total contracts to nine, with a potential CO2 capture capacity of 10Mt/yr.
CEO Jan Kielland said "We are pleased that our solution is gaining attention, as demonstrated by an increasing number of incoming requests for sales engineering and engineering studies, and look forward to being a major contributor in the path to net zero for cement.”
Six dormant cement plants reportedly received Euro88m in European Union emissions allowances
05 September 2023Europe: Six cement plants were reportedly issued around Euro88m in free European Union emissions allowances (EUA) from 2019 to 2022 despite the clinker kilns at the units being idle or running at low levels. Research by the Oil Price Information Service (OPIS) has revealed that plants operated by Buzzi, Cementos Portland Valderrivas (CPV), Cemex, Holcim and Votorantim Cimentos all benefited from the scheme despite only emitting 36,370t of CO2. The companies would then have been able to use the subsidy to cover emissions costs at other plants or sell the permits. OPIS identified five plants in Spain and one in Germany.
CRH boosts sales and earnings in first half of 2023
25 August 2023Ireland: CRH recorded US$16.6m in consolidated sales during the first half of 2023, up by 8% year-on-year from first-half 2022 levels. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) totalled US$2.5bn, up by 14%. Throughout the half, CRH invested US$600m in acquisitions, and maintained a ‘robust’ pipeline of further opportunities. In its Americas business, cement sales were ‘robust.’ There, volumes rose by 5%, and prices rose by 17%, despite adverse weather in Texas and the Western US. Meanwhile, price rises successfully offset local volume declines in Europe, but failed to do so in the Philippines. CRH said that infrastructure projects in the Philippines are experiencing delays. In Ukraine, it said that construction activity increased in the first half of 2023, despite the continuing Russian invasion.
CEO Albert Manifold said "I am pleased to report a strong first half performance, reflecting the continued delivery of our differentiated strategy, further commercial progress across our businesses and good contributions from acquisitions. The strength of our balance sheet, together with our relentless focus on disciplined capital allocation, will enable us to invest in future growth and value creation opportunities for our business."
Greece: Titan Cement Group reported sales of Euro1.23bn in the first half of 2023, up by 19% year-on-year from Euro1.04bn in the first half of 2022. Its sales rose by 25% to Euro736m in the US, by 21% to Euro197m in Greece and Western Europe and by 16% to Euro195m in Southeast Europe. However, they fell by 11% to Euro101m in the Eastern Mediterranean. The producer noted a cement demand decline in Brazil of 1.6%. Titan Cement Group's consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 77% to Euro241m from Euro136m.
Chair Marcel Cobuz said “An excellent first half of the year with strong pricing over costs and increased percentage of low carbon sales reaching 25% in infrastructure and building projects across the group. We are well on track for a record year of growth and an accelerated roadmap of decarbonisation and digitalisation.”
Europe: Holcim has secured funding for three separate carbon capture, utilisation and storage (CCUS) projects at its cement plants in Europe. The recipient projects are the Go4Zero project at Holcim Belgium's Obourg cement plant in Belgium, the KOdeCO project at Holcim Croatia's Koromačno cement plant in Croatia and the eM-Rhône project at Lafarge Ciments' Le Teil cement plant in France. The Le Teil plant's system will be used to produce e-methanol, while the investment at the Koromačno plant will be part of a package of upgrades to turn the plant carbon neutral.
Alongside on-going projects in Germany and Poland, this will bring Holcim's total number of EU-funded CCUS projects to five. Holcim is committed to US$2.33bn-worth of investments of its own in over 50 carbon capture projects worldwide before 2030.
Holcim's Europe regional head Miljan Gutovic said “It’s exciting to be at the forefront of decarbonising the building sector in Europe. The support we are receiving from the EU Innovation Fund for five of our CCUS projects is a great testament to the strength of our engineering teams, the maturity of our technologies and our advanced partnerships across the value chain. Our robust pipeline of projects positions us as the partner of choice to scale up carbon capture technologies in Europe.”
Heidelberg Materials Northern Europe and Volvo Group investigate electric vehicle use in loading and haulage
20 June 2023Europe: Heidelberg Materials Northern Europe has signed a collaboration agreement with Volvo Group for an investigation into the use of electric vehicles in loading and hauling. Under the agreement, Heidelberg Materials Northern Europe will implement a mix of its electric trucks and construction equipment machines in its operations. Land-based transport accounts for 6% of the producer's CO2 emissions. Through electrification, Heidelberg Materials Northern Europe expects to eliminate 200,000t/yr of CO2 emissions.
Heidelberg Materials CEO Dominik von Achten said “The partnership with Volvo is a lighthouse project in our industry and has the potential to significantly push the decarbonisation of our entire value chain in northern Europe. We look forward to working together to identify and implement state-of-the-art solutions for a fast climate transition in the construction sector."
Cembureau welcomes EU Nature Restoration Law
16 June 2023Europe: The European cement industry association, Cembureau, has welcomed the enactment of the Nature Restoration Law, which aims to restore ecosystems through binding targets in line with the EU Biodiversity Strategy. The European Commission says that the law provides a framework to 'secure the things nature does for free, like cleaning our water and air, pollinating crops and protecting us from floods,' as well as to help limit climate change to +1.5°C.
In a joint statement with other extractive industry bodies, Cembureau told the EU that member states' national restoration plans should take into account industry efforts to plan and implement nature restoration, that member states should protect pioneer species in line with the Nature Directives Species Protection Guidelines' definition of temporary nature and that restoration efforts outside of designated Natura 2000 areas should be addressed on a case-by-case basis in recognition of sectoral specificities.
Europe/India: Finland-based Betolar has secured EU-wide and Indian patents for a new waste-based alternative concrete produced without cement and capable of storing energy. Betolar said that the material, which is already patented in Finland, is especially suited for use in renewable energy infrastructure, where it can provide a storage solution for dealing with short-term peaks. Chief commercial officer Ville Voipio said that the company will now seek to establish a partnership for commercialisation of its new alternative building material.
Betolar produces and markets the Geoprime additive used to produce cement-free concrete from supplementary cementitious materials, including ground granulated blast furnace slag (GGBFS), in regions that include India and the EU.
Alliance for Low-Carbon Cement & Concrete launches with call for low-CO2 cement and concrete
30 May 2023Europe: 12 decarbonisation-focused companies from across the European cement and concrete sector have launched the Alliance for Low-Carbon Cement & Concrete (ALCCC). The alliance has called on policymakers to change building standards to help low-carbon alternatives to enter the cement and concrete markets. It further said that green procurement and targeted financing instruments would help to reduce sectoral CO2 emissions. It said that a progressive decline in clinker factor to 60%, 50% or 40% by 2050 will reduce CO2 emissions by over 50%. The ALCCC says that it is ready to lead the sector towards a swift, low-cost and viable decarbonisation pathway. Participants in the alliance include France-based Hoffmann Green Cement Technologies, Ireland-based Ecocem and US-based Fortera.
Fortera's Europe director Thierry Legrand said "Climate action is a global priority, and collaboration is essential to advancing emissions-reducing technologies and policies. This alliance represents collective action by scientists, engineers, entrepreneurs and environmental advocates to reduce CO2 emissions from cement production."