Displaying items by tag: logistics

India: UltraTech Cement and other industrial partners are participating in the development of the World Economic Forum’s first net zero transport cluster in India. The cluster, called Moving India, will deploy 550 zero-emissions trucks in western Gujarat and Maharashtra. Participants aim to create scale, support the deployment of shared assets and infrastructure, encourage the creation of a vehicle supply and servicing ecosystem and inform policy through consensus.

GPEO News has reported that UltraTech Cement managing director Kailash Jhanwar said "India is the second largest cement producing country in the world, with cement plants spread across the country. The cement sector can provide an ideal use case for early adoption of zero emission trucks. At UltraTech Cement, we are committed to evaluating all means to reduce our emissions and environmental footprint. We see large scale deployment of zero emission trucks and liquefied natural gas/compressed natural gas vehicles as the next key initiative to make our operations more sustainable."

India: Ramco Cements has received board approval to sell its entire stake in its transport subsidiary Lynks Logistics. CNBCTV18 News has reported that the producer plans to execute a share subscription and purchase agreement with food delivery service operator Bundl Technologies.

Ramco Cements originally invested in a 46% stake in Lynks Logistics for US$700,000 in January 2020. It enlarged its stake to 69% for US$273,000 in September 2020.

US: Heidelberg Materials North America will inaugurate its new 2.4Mt/yr Mitchell cement plant in Indiana on 13 June 2023. The plant cost US$600m to build and is Heidelberg Materials' 'most technologically advanced and sustainable' cement plant, according to the company. It includes a 32,000t/yr cement terminal, served by a newly renovated rail depot. Heidelberg Materials North America has commissioned 1000 new rail cars to assist in efficient distribution of cement produced at the Mitchell plant.

India: Adani Group plans to grow ACC and Ambuja Cements' capacity to 140Mt/yr by 2028 under a joint expansion strategy. The Hindu newspaper has reported that new strategy includes capital expenditure with a value of US$5.58bn and new acquisitions. Investments will reportedly be split equally between the two subsidiaries. After completion of the current growth plan, the cement producers will 'pause for a while' prior to any subsequent expansion phase.

Adani Group said that it is proceeding with an operational merger of ACC and Ambuja Cements, without merging their distinct brands. The priority of the merger will be to increase efficiency in supply chains and logistics operations.

UK: CRH subsidiary Tarmac has pledged its support to the Route to Net Zero initiative to decarbonise the UK's logistics sector. Under the initiative, companies involved in transportation will implement changes aimed at achieving net zero CO₂ emissions by 2050. Tarmac already transports 9Mt/yr of materials around the UK by rail.

Tarmac's logistics director Graham Waters said “Signing up to Logistics UK’s Route to Net Zero pledge marks a further step for our business, underscoring our commitment to eliminating carbon emissions from our extensive UK-wide logistics networks and accelerating this process through collaboration with our haulier partners and the wider industry."

Iceland: Sementsverksmidjan says it has offset its domestic transport CO₂ emissions through an offset scheme with the government environmental agency Landgræðirin. In 2022 the subsidiary of Germany-based Heidelberg Materials offset 484t of CO₂-equivalent by restoring a birch forest and dry-land ecosystems.

Europe: Holcim plans to deploy 1000 new electric trucks in its operations across Europe before 2030. The cement producer ordered the vehicles from Sweden-based Volvo. Both companies are founding members of the First Movers Coalition low-CO₂ technology alliance. Holcim expects the initiative to reduce its annual CO₂ emissions from road transport by 50%. It will take delivery of the first new trucks by the end of 2023.

Chair and CEO Jan Jenisch said “The net zero transition requires deep collaboration across value chains. We are excited to be partnering with Volvo to decarbonise our European operations’ logistics with electric fleets, advancing our goal to reach 30% of zero-emission heavy-duty trucks by 2030.”

Canada: Lafarge Canada has renewed its partnership with fuel logistics company 4Refuel to launch renewable diesel use in its operations in Manitoba. The producer says that trucks will run on renewable diesel produced from waste oils and fats. This will eliminate 39% of the producer's Scope 3 CO₂ emissions in the province.

Lafarge Canada's vice president Manitoba and Saskatchewan Tina Larson said "Switching to renewable diesel is a significant step forward in our sustainability journey. We recognise that climate change is one of the most significant challenges facing our planet, and we are committed to doing our part to reduce our impact on the environment. We believe that renewable diesel is an excellent solution to help us achieve our sustainability goals while maintaining the high level of performance that our customers expect.”

Lafarge Canada previously implemented renewable diesel in its operations in Greater Vancouver, British Columbia, in November 2022.

Nigeria: Raw material costs for a group of major local manufacturers – including BUA Cement, Dangote Cement and Lafarge Africa – accounted for 24% of revenue in 2022. The increase in the cost of raw materials was driven by a shortage of foreign currency, raw material availability, logistics issues at ports and rising energy costs, according to the This Day newspaper. BUA Cement’s spending on raw materials rose by 9% year-on-year to US$54.3m in 2022, Dangote Cement’s spend grew by 12% to US$427m and Lafarge Africa’s expenditure increased by 32% to US$106m. The other companies included as part of the grouping included BUA Foods, Nestlé Nigeria, Cadbury Nigeria, Nigerian Breweries and Dangote Sugar Refinery.

India: JSW One Platforms, JSW Group’s online business-to-business sales platform, has raised US$25m through an investment from Japan-based Mitsui Bussan. The business will use the funds to strengthen its market presence and further enhance technology capabilities. It also plans to expand its operations in Northern India, and to invest in credit, logistics and new technologies to improve customer experience. The platform stocks JSW Group subsidiary JSW Cement’s range of cement products. The Times of India newspaper has reported that Mitsui Bussan valued JSW One Platforms at US$336m.

JSW One Platforms CEO Gaurav Sachdeva said “There is a lot of distrust in the space and it’s highly fragmented. We want to be a one-stop shop for micro, small and medium-sized enterprises, with defined service level agreements and deliverables. We will be the fastest in the space to touch US$1bn in gross merchandise value.” Sachdeva added that he expects the platform’s sales to more than double to US$91.6m in the current, 2024, financial year, from US$36.6m in the 2023 financial year.