Displaying items by tag: World

World: The governments of Canada, Germany, India, the UAE and the UK have signed a commitment to support the development of markets for low-carbon cement and concrete in their countries. The governments will create market incentives for purchasers, review and update product standards to allow low-carbon materials to be used in all safe settings and promote their use through their public sector tendering rules.

World Cement Association (WCA) chief executive officer Ian Riley said “I’m delighted to see that governments are heeding our call for urgent action to accelerate decarbonisation of the cement industry around the world, and we look forward to hearing more details from the UK, India, Germany, Canada and UAE on the steps they will take.” He added “This commitment marks a hugely significant shift in mindset that we hope will be followed by other countries in the months ahead. When it comes to hard-to-abate industries like cement, it is vital to work together with governments to create the conditions in which we can get to net zero and beyond, as quickly as possible. We cannot do this alone in time.”

World: Switzerland-based Holcim has launched its ECOPlanet reduced-CO₂ cement range in six European markets and Canada. The range offers at least 30% lower emissions than Ordinary Portland Cement (OPC). It includes one cement produced using recycled construction and demolition waste.

Chief executive officer Jan Jenisch said “Driving the circular economy, our ECOPlanet range includes the world’s first cement with 20% recycled construction and demolition waste inside, advancing our net zero vision in a nature-positive way. With the world’s population rising and rapid urbanisation, solutions like ECOPlanet are critical to enable greener cities and smarter infrastructure, building more with less.”

The group plans to introduce the range to 15 countries by 2022 and double its market presence in 2023.

World: Cemex has said that it is part of a group of companies jointly launching Restarting Together - an initiative aimed a reinvigorating the economy in the wake of the coronavirus crisis. It says that the initiative aims, “to find innovative projects that seek to expedite the return to normality after the confinement period.” It added, “This initiative also looks to identify projects to boost economic recovery in a sustainable way, aimed specially at improving employment, revitalising the ecosystem of small businesses, and creating networks and financial aid mechanisms for crisis situations.”

Restarting Together is welcoming innovative project proposals from the public until 30 June 2020. The criteria on which proposals will be assessed are their ‘social and economic impact, feasibility, rapid implementation time, and degree of sustainability and innovation.’

India: Market researcher Fortune Business Insights has forecasted market growth of 5.2% in the cement industry to US$463bn in 2026 from US$313bn in 2019. It conjectured that global improvements in road quality and investments in high-grade products will drive growing demand. The industry will meet this demand through advances in cement production and a reduction in the number of companies consolidating operations.

In India, the government’s ‘Housing for All by 2020’ scheme is set to kick-start consumption.

Fortune Business Insights' report is available here.