Displaying items by tag: agreement

Greece: Ecocem has signed a partnership agreement with Titan Group to co-develop and deliver low-carbon cements using Ecocem’s ACT technology. The collaboration will initially target the Greek market, replacing a portion of clinker with locally sourced supplementary cementitious materials (SCMs) to reduce cement CO₂ emissions by up to 70%.

Group managing director Donal O’Riain said “Signing this co-development and technology transfer agreement with a partner of Titan Group’s size and calibre is a real demonstration of confidence in our ACT technology. This partnership has the potential to accelerate the use of a range of SCMs with ACT technology and deliver rapid and low-cost decarbonisation of the cement industry globally.”

Sweden: Skanska and Cemvision will enter into a partnership, which will combine Skanska’s experience in low-carbon construction solutions and Cemvision’s circular cement technologies. The collaboration will begin in spring 2025 and will see Skanska scale up a new generation of cement with up to 95% lower climate impact compared to traditional Portland cement.

The signed letter of intent marks the first step towards a future off-take agreement, in which Skanska will secure access to Cemvision’s cement for implementation across its projects. The company is planning its first pilot projects for the near future.

UK: Drax Power has entered a 20-year joint venture agreement with Power Minerals to build a new facility to process pulverised fuel ash into supplementary cementitious material (SCM) for cement.

The facility will be located adjacent to Drax Power site and will produce 400,000t/yr of SCM for use in lower-carbon cement. Power Minerals will construct, own and operate the plant. Drax will supply ash, power and water, as well as share profits from SCM sales. There is no capital investment required by Drax.

Operations will begin by the end of 2026. Drax expects the project to generate incremental adjusted earnings by interest, taxation, depreciation and amortisation (EBITDA) of €6m annually between 2027 and 2046.

Europe: Sweden-based SaltX has signed a letter of intent with German engineering firm thyssenkrupp Polysius to collaborate on establishing 100% electric cement production facilities in Europe. The facilities will combine SaltX’s electric arc calciner (EAC) technology with thyssenkrupp Polysius’ material handling solutions.

CEO of SaltX Lina Jorheden said "Strong partnerships are essential for us to effectively implement our technology and reduce millions of tonnes of CO₂ emissions from the industrial sector. Our collaboration with thyssenkrupp Polysius is crucial for developing complementary systems to the EAC technology and building electrified facilities for our customers."

Egypt: Arabian Cement Company (ACC) has signed a €25m loan agreement with the European Bank for Reconstruction and Development (EBRD). The loan will be used to assist the company’s decarbonisation efforts. It will finance the company’s alternative fuel capacity expansion and automation of its facilities. The company will also acquire and install a hydrogen injection system at its Ain Sokhna cement plant. This will reduce CO₂ emissions by 130,000t/yr.

CEO of Arabian Cement, Sergio Alcantarilla, said "This agreement with EBRD is a key milestone in ACC's sustainability journey, supporting our transition to cleaner technologies. The integration of the hydrogen injection at our Ain Sokhna plant will enhance operational efficiency and significantly reduce our carbon footprint."

US: Carbon capture firm Nuada and lime producer MLC (formerly Mississippi Lime Company) have signed a memorandum of understanding to demonstrate net-zero lime production at MLC's Ste. Genevieve plant in Missouri. The partners aim to contribute to a reduction of the facility’s CO₂ emissions by 95%.

Nuada’s technology uses metal-organic frameworks as a solid sorbent alongside vacuum swing pressure adsorption, which utilises pressure rather than heat to separate CO₂ from flue gases.

Co-CEO Jose Casaban said "Our breakthrough in carbon capture technology sets a new standard for energy efficiency, paving the way for transformative decarbonisation in hard-to-abate sectors like lime manufacturing. Through this collaboration with MLC, we are driving the next generation of carbon capture forward, setting a new standard for emissions reduction and sustainability in the lime industry."

India: Shiva Cement, a JSW Cement subsidiary, has signed an agreement with Bhushan Power and Steel (BPSL) for the development of a 1Mt/yr cement grinding unit at BPSL's premises in Sambalpur, Odisha. The agreement formalises the proposed transaction following board and shareholder approvals in 2024, as well as the signing of a memorandum of understanding.

Under the agreement, BPSL will construct, install and operate the grinding unit for Shiva Cement. The total transaction value is capped at US$44m.

South Africa: PPC has partnered with Sinoma Overseas Development to build a US$159m, 1.5Mt/yr cement plant at an existing site in Western Cape. The plant will supply customers in Western Cape, Eastern Cape, and Northern Cape. This comes after PPC and Sinoma signed a 'strategic co-operation agreement' in July 2024 that would see them partner with each other to identify new projects and opportunities to improve the efficiency of PPC's operations.

Equipped with solar power and ‘the latest’ technology, the facility will reportedly improve energy efficiency, reduce coal consumption and lower emissions per tonne of cement produced, contributing to reduced production costs.

Over the next three months, the parties will finalise the scope and final assessment of the new plant, as well as the associated turn-key engineering, procurement and construction agreements. Construction of the new plant is expected to begin in the second quarter of 2025, with the plant commissioned by the end of 2026.

PPC CEO Matias Cardarelli said "With this new and most advanced energy and environmentally efficient plant in the country, we will be able to supply our customers with lower-carbon cement at a more competitive cost.”

Europe: Capsol Technologies has been awarded an engineering services agreement for a pre-FEED (front-end engineering design) study on its CapsolEoP carbon capture technology at a cement plant in Europe, aiming to capture 600,000t/yr of CO₂.

Johan Jungholm, chief of business development at Capsol Technologies, said "We are building on our commercial traction within cement, where Capsol has emerged as a preferred carbon capture technology provider. CapsolEoP can operate with up to 50% lower energy use than traditional post-combustion technologies such as amines. This, together with reduced complexity, has the potential of reducing levelised capture costs by 20-60% for cement plant owners looking to decarbonise their operations.”

US/France: Hoffmann Green Cement Technologies has extended its licensing agreement with Hoffmann Green USA, signed in July 2024, to cover 25 states in the eastern United States. This has triggered an additional entry fee of €8m, following the €2m already received. The agreement grants industrial and technological transfer rights and exclusivity in the expanded territory. It includes fixed and variable royalties based on sales of Hoffmann Green cements. Hoffmann Green USA may also sub-license units in these territories, with discussions currently underway with potential sub-licensees.