Displaying items by tag: low carbon cement

Greece: Titan Cement recorded consolidated sales of Euro455m in the first quarter of 2022, up by 23% year-on-year from Euro371m in the first quarter of 2021. Due to a 29% increase in its cost of sales to Euro395m from Euro307m, the group’s earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 17% to Euro46.4m from Euro56.1m.

The producer noted ‘significant’ cement volumes growth in its USA region, including ‘progress’ in its lower carbon footprint cement sales. Titan Cement increased its prices across its regions, and will raise prices again ‘in most markets’ by mid-2022.

Mexico: Cemex intends for its Vertua products to account for over half of all of its cement and concrete sales by 2025. The Vertua range was launched in 2020 and its cement and concrete products accounted for 34% and 31% of total sales respectively in the first quarter of 2022. Vertua products have a CO₂ reduction of at least 25% compared to traditional cements. For concrete the CO₂ reduction ranges from 30% up to a full net-zero option.

References for Vertua concrete include La Marseillaise, a skyscraper in Marseille, the HS2 high-speed railway in London, the Querétaro-Irapuato highway in Mexico, the San Diego State University stadium in California and the Pereira shopping centre in Colombia. Vertua cement and concrete products have been launched in Colombia, Croatia, the Czech Republic, the Dominican Republic, Egypt, France, Germany, Guatemala, Mexico, Panama, the Philippines, Poland, Puerto Rico, Spain, the US, the UK and the UAE.

Mexico: Cemex has published its 2021 Integrated Report. Under the report’s Climate Action section, Cemex recorded a 4.7% year-on-year decrease in its CO₂ emissions per tonne of cementitious material. Alternative fuel (AF) substitution rose to 29%, while its products’ average clinker factor fell to 75%. It was the first company to complete a global roll-out of its reduced-CO₂ cement and concrete range (Vertua). It established Science-Based Targets Initiative (SBTi)-verified well below 2°C 2030 climate action goals and joined the UN’s Race to Zero and the Business Ambition for 1.5°C coalition. It also became a founding member of the World Economic Forum’s First Movers Coalition for zero-carbon economic development.

The year also brought major Sustainability and Circular Economy milestones, including managing 57 times the volume of waste it sent to landfill, positively impacting 25m lives through its Social Impact Strategy and processing 61% of global sales through its Cemex Go digital sales platform. For the second consecutive year, its Net Promotor Score was 68, ‘substantially above’ the construction and engineering industry average.

France: Lafarge France has announced a total planned investment of Euro46m in upgrades to its 1.6Mt/yr Saint-Pierre-la-Cour, Mayenne, cement plant and its 1.2Mt/yr La Malle, Bouches-du-Rhone, cement plant. The Holcim subsidiary will invest Euro40m to convert the Saint-Pierre-la-Cour plant to low carbon cement production. Meanwhile, it will invest Euro6m in the La Malle plant’s conversion to ultra-low carbon cement production. The L’Usine Nouvelle newspaper has reported that the transitions will complement the company’s strategy of over 25% EcoPact reduced-CO₂ ready-mix concrete sales by 2025.

US: Denmark-based life sciences investment company Novo Holdings says that it has invested US$65m in bio-based clinker-free cement producer Biomason. Biomason uses microorganisms to grow its Biocement cement, without heating or CO₂ emissions. The producer is in its Series C round of financing. Novo Holdings previously invested in its Series B financing round.

Switzerland: Holcim’s full-year 2021 results show a 16% year-on-year rise in the group’s consolidated sales to US$28.3bn from US$24.4bn. Its recurring earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 26% to US$5bn from US$3.98bn. The group’s net debt also rose, by 18% to US$10.8bn from US$9.17bn.

CEO Jan Jenisch said “2021 was a record year for Holcim, reaching new levels of performance, across our financial and environmental social governance (ESG) targets. What makes me most proud is how we navigated the Covid-19 pandemic with such extraordinary resilience and agility, working tirelessly to keep our people and communities safe.” Jenisch continued “We delivered our Strategy 2022 one year in advance, setting solid foundations for our next era of growth. Putting sustainability at the core of our strategy, we accelerated the deployment of our green building solutions, from ECOPact green concrete and ECOPlanet green cement to smart roofing and energy efficiency systems. My sincere thanks goes to our 70,000 people who made all of this possible while keeping safety top of mind at all times.”

Germany/Italy: Italy-based Buzzi Unicem has launched its CGreen reduced-CO₂ cement on the German and Italian cement markets. The product uses alternative raw materials to partially replace clinker and also optimises grinding and mixing conditions through the use of novel specialist additives. In Germany, the available range of CGreen cements will consist of Dyckerhoff Eco Comfort cement and Dyckerhoff Cedur cement.

Italy cemeny chief operating officer Antonio Buzzi said "The ecological transition calls for us to adapt our behaviors and actions in order to neutralise our carbon footprint. This transition implies the partial or total redesign of production processes, distribution systems and consumption patterns, heralding the start of a potential industrial revolution and a change in our habits."

Papua New Guinea: Mayur Resources has signed a collaboration agreement with First Graphene Limited for the production of low-carbon cement using the latter’s PureGraph graphene-based grinding aids and performance improvers. Mayur Resources operates a 0.9Mt/yr cement plant, where it also produces a further 0.75Mt/yr of clinker and 0.2Mt/yr of lime, near Port Moresby in National Capital District. The Australia-based partners hope to export their cement across Melanesia and to Polynesia and Australia.

US: Eco Material Technologies has successfully completed its acquisition of near-zero carbon cement alternatives producer Green Cement. Eco Material Technologies previously agreed to acquire Boral’s US fly ash business in December 2021, a transaction which it expects to conclude in 2022.

US: LafargeHolcim US has announced the launch of TerCem, a blended cement which offers 65% reduced CO₂ emissions compared to ordinary Portland cement (OPC), according to the company. LafargeHolcim US will produce TerCem at its Whitehall, Pennsylvania, cement plant. The product joins its ECOPlanet low-carbon cement range.

Senior vice president sales Patrick Cleary said "We are leading a market transformation and taking a step towards a net-zero future. Our cement organisation has invested heavily in broadening the industry's range of superior sustainable products designed to lower our carbon footprint with no compromise in quality and long-term durability."