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GCCA launches 3rd Innovandi Open Challenge with carbon capture focus 21 February 2024
UK: The Global Cement and Concrete Association (GCCA) has launched the 3rd Innovandi Open Challenge 2024, with a focus on the deployment of carbon capture, use and storage (CCUS) for the decarbonisation of cement and concrete. Possible fields of study include process-integrated and end-of-pipe capture. The 1st Innovandi Open Challenge 2024 previously focused on CCUS, and has now produced two projects at pilot stage.
Cement, innovation and environmental, social and governance (ESG) director Claude Loréa said "Our industry is committed to achieving net zero and the development of carbon capture technology is a key part of that work. Our world-leading Innovandi Open Challenge programme has already seen remarkable progress in just two years, with start-ups and our member companies working together. We're looking forward to seeing what this year's applicants can bring, to build on the extensive work that is already underway across the world."
ThyssenKrupp to sell stake in Indian subsidiary to local partners 21 February 2024
India: Germany-based ThyssenKrupp has agreed to sell its 55% stake in ThyssenKrupp Industries India to local joint venture partners. VCCircle News has reported that the move is part of on-going strategic cost-saving measures. The supplier expects to complete the sale in mid-late 2024. As a result, its total global employees will drop by over 2300. Protos Engineering and Paharpur Cooling Towers will reportedly acquire the stake. The companies hold existing stakes of 16% and 11% respectively.
Czech Republic: The Czech Cement Association (SVC ČR) says that it is “firmly” committed to decarbonise the cement industry and has agreed a clear roadmap explaining how to reach net zero by 2050. It added that it was also backing the strategy outlined in the European Commission’s (EC) industrial deal. In a statement the association said, “The position of SVC ČR regarding the proposal of the decarbonising targets by 2040 is that the Czech government has to prepare in cooperation with the individual industries a deep analysis of the opportunities and the risks arising from the new proposal and prepare a long-term strategy to support the competitiveness of Czech energy-intensive industries.”
SVC ČR distanced itself from comments published in ČTK Business News reporting that a group of energy-intensive industry associations in the country had challenged the EC's proposal to aim to reduce CO2 emissions by 90% by 2040. The associations argue that the target will harm the competitiveness of Czech industries. They say that it is based on unrealistic assumptions and overlooks the absence of necessary conditions for major investment in the EU’s green industry transformation.
This story was updated on 29 February 2024 with comments from SVC ČR
Calderys Group reports successful integration of HWI and Calderys 21 February 2024
France: Calderys Group says that it has successfully implemented technology sharing between US-based HWI and Calderys, following their integration in February 2023. In the past 12 months, the group has transferred select Calderys products to HWI in the Americas and introduced HWI products in Europe, the Middle East and Africa and Asia-Pacific. The refractories supplier says that the collaboration offers customers an enhanced product range.
Calderys Group president and CEO Michel Cornelissen said "The past 12 months have been exciting, demanding and very productive for our newly-formed group. The combination brought together two dynamic businesses with complimentary product ranges and created the opportunity for technology sharing and cooperation for the benefit of the world's high temperature manufacturing sectors. I am delighted that we are already seeing great results. Throughout 2024, we will continue to add to, and update, our product portfolios.”
Ambuja Cements to build 4Mt/yr grinding plant in Jharkhand 21 February 2024
India: Ambuja Cements is planning to build a 4Mt/yr cement grinding plant at Motia Village, Godda District in Jharkhand. The project has a budget of US$120m. The proposed plant will use fly ash supplied from the nearby Andani Power Godda thermal power plant.
Ajay Kapur, CEO – Cement Business at Adani Group, said “We believe that Jharkhand holds immense potential in terms of resources, infrastructure and skilled manpower, making it an ideal location for this project.”
Ambuja Cements operates two cement plant in Jharkhand with a combined production capacity of 6Mt/yr.