Displaying items by tag: target

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.”

Greece: The IFESTOS carbon capture project at Titan Group's Kamari cement plant was among eight CO₂ emissions-reducing projects chosen for funding following the latest EU Innovation Fund call for projects. IFESTOS consists of a planned 1.9Mt/yr carbon capture installation at the Kamari plant. Titan Group says that it has concluded necessary memoranda of understanding (MoUs) with suppliers. The IFESTOS project will receive a share of a funding pot worth a total Euro3.6bn.

Chair Marcel Cobuz said "We are truly excited that the European Commission has chosen to support our large-scale, highly innovative project. IFESTOS is a cornerstone of our accelerated decarbonisation roadmap to net-zero. In line with EU climate policy, together with our technology partners, we are pioneering an innovative carbon capture project, the largest in Europe, with a highly positive impact. The group has strong capabilities and is committed to executing this project fast over the next few years, decarbonising production and offering green growth opportunities to our customers in Europe. We embrace the opportunity to widely share our knowledge and expertise and promote green cements as modern materials for infrastructure and housing.”

Peru: UNACEM Peru said that it reduced its CO₂ emissions per tonne of cement by 2.7% year-on-year during 2022. Throughout the year, the company reduced its electricity consumption by 3.4%. It sourced 90% of its electricity from renewable sources and met 70% of its fuel needs with natural gas. UNACEM Peru is committed to reaching carbon neutral cement production by 2050.

In terms of community engagement, the producer benefitted 76,700 people through its social infrastructure investments and 14,1000 people through its dialogue space initiatives, and provided its remote health guidance service to 3000 people.

UK: Mineral Products Association Lime (MPA Lime), the body representing the UK lime sector, has launched the Net Negative 2040 Roadmap. The association said that the roadmap sets out the strategy for its to 'go beyond net zero' by 2040. The industry will rely on the deployment of fuel switching, carbon capture, renewable energy sources and green transport technologies, among other approaches. It called on the government to support its aims through the implementation of carbon accounting, subsidisation of renewables and decarbonisation technologies, the development of green hydrogen infrastructure, ensuring that UK lime can remain competitive in the UK and overseas markets.

MPA Lime director Mike Haynes said “Each lever will contribute to decarbonisation – many initiatives are happening already or will come on stream this decade." He added "The combination of using biomass fuels with carbon capture and lime product carbonation will result in removal of 250,000t/yr of atmospheric CO₂, making the sector net negative overall. Other levers, especially indirect emissions and transportation, require broader collaboration and enabling action by government and other industries.”

Through their actions to date, MPA Lime members reduced their absolute CO₂ emissions by 25% between 2005 and 2022.

Afghanistan: The government of Afghanistan claims that five new cement plants will imminently commence construction across five Afghan provinces. Acting Mines and Petroleum Minister Shahabuddin Delawar said that plants are planned in Herat, Jawzjan, Kandahar, Logar and Parwan Provinces. When operational, the plants should make Afghanistan self-sufficient in its cement supply.

India: Shree Cement has announced four planned capacity expansion projects that aim to increase its installed cement production capacity by 20% to 55.9Mt/yr. The Telegraph newspaper has reported that the producer expects to invest US$670 - 730m in the expansion. The investments will go towards the establishment of new facilities in Karnataka, Punjab, Uttar Pradesh and West Bengal. The West Bengal project consists of a grinding plant in Howrah or Purba Medinipur District. The new phase of expansion is part of Shree Cement's strategy to reach 80Mt/yr of cement production capacity by 2030.

Vice chair Prashant Bangur said “Given the robust demand for cement in the country and Shree Cement’s aspiration to grow further, we are looking at four more units once the present phase of expansion is over.”

Shree Cement is currently expanding its Guntur, Andhra Pradesh, and Nawalgarh, Rajasthan, cement plants and building its new 3Mt/yr Purulia grinding plant in West Bengal.

Switzerland: The UN Secretary General, António Guterres, addressed a meeting of the Global Cement and Concrete Association (GCCA) in Zürich, Switzerland, on 13 June 2023. Guterres reiterated the role of cement as 'fundamental to building a better world.' He called on GCCA members to realise the association's 2050 Net Zero Roadmap in order to limit the rise in global temperatures to 1.5°C.

Guterres said “Science tells us that requires cutting global greenhouse emissions by almost half by 2030. That means taking a quantum leap in climate action – and slashing global emissions. Starting now.”

GCCA Thomas Guillot said “We applaud all the action our members are taking to implement carbon-cutting measures, and the latest data show emissions are coming down. But many challenges remain, which we must overcome, if we are to achieve net zero, including enabling polices and regulations from governments across the world which often don’t yet exist.” He added "I urge every manufacturer across the world who has not yet done so to join our pledge to eliminate emissions by 2050, But I also implore all governments to work with our essential industry, to deliver the policy framework that can create the favourable conditions to unlock the transition.”

India: Dalmia Bharat has announced a capacity target of 120Mt/yr by the end of 2031. The Business Standard newspaper has reported that the producer will make total investments of US$2.31bn in its on-going growth drive. The sum includes US$723m invested in the acquisition of Jaypee Group's 9.4Mt/yr cement business in December 2022. Dalmia Bharat's eventual investments in erecting new capacity are estimated at US$1.09bn, US$485m (44%) of it in its North Indian cement business.

CEO Puneet Dalmia said “We are executing the largest capital expenditure in our history.” Regarding the Jaypee Group deal, Dalmia said "The acquisition will give us access to Central India’s and North India’s markets and we would look for more acquisition opportunities in the mid segment. We expect the industry to consolidate further in the coming years. India will invest US$1Tn in infrastructure in the next decade, and that will create a sizeable demand growth for cement.”

India: Star Cement plans to implement a capacity expansion drive in order to raise its total grinding capacity by 70% to 9.7Mt/yr from 5.7Mt/yr. Dow Jones Institutional News has reported that the producer expects to capitalise on projected growth in cement demand in East and Northeast India.

Taiwan: Taiwan Cement Corporation aims to diversify its business away from cement by increasing its sales from energy storage and vehicle charging. It aims to derive over 50% of its revenues from other activities besides cement by 2025. The Taipei Times newspaper has reported that the producer will continue to produce 80Mt/yr of cement. The company said that the reason behind its planned diversification is its responsibility to help reduce global net CO₂ emissions.

Chair Nelson Chang said “Carbon reductions must be fast and efficient, and the use of solar and other green energy resources in producing cement is not enough to offset carbon emissions. That means Taiwan Cement has to press ahead and develop carbon capture techniques that would help mitigate the negative impact of cement production on the environment.”