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Kenyan government to sell stake in East African Portland Cement Company

12 June 2024

Kenya: The government has decided to sell its entire 25% stake in East African Portland Cement Company, as part of a strategic reform of its investments, guided by the International Monetary Fund. The Star newspaper has reported that the government expects to earn US$134m from the sale. It reportedly sold 30% of shares in the producer for US$117m in 2023.

Of East African Portland Cement Company’s multiple minority shareholders, the largest is Lafarge South Africa, with 42% of shares, followed by the Kenyan National Social Security Fund, with 27%.

Published in Global Cement News
Tagged under
  • Kenya
  • Government
  • Divestments
  • Stake
  • East Africa Portland Cement
  • GCW663
  • International Monetary Fund
  • Lafarge South Africa
  • Holcim

Lafarge Canada and Hyperion Global Energy launch Tandem Carbon Recycling System at Bath cement plant

12 June 2024

Canada: Hyperion Global Energy has fired up its pilot Tandem Carbon Recycling System at Lafarge Canada’s Bath cement plant in Ontario. The system mineralises captured CO2 to produce mineral components for alternative building materials. It has a capture capacity of 1000t/yr. The partners will test the Tandem Carbon Recycling System in producing Lafarge Canada’s 30 – 90% reduced CO2 ECOPact concrete.

Lafarge Canada’s Eastern Canada regional president and CEO of David Redfern said "Our collaboration with Hyperion marks an exciting milestone in our decarbonisation journey and the advancement of our circular construction technologies. We look forward to advancing our net zero strategy by leveraging carbon utilisation technology like Hyperion's, enabling us to further reduce CO₂ emissions from our operations while at the same time producing innovative and sustainable building solutions."

Hyperion CEO Heather Ward said "Working together with an innovative partner like Lafarge on this exciting pilot project allows us to apply our proprietary carbon recycling technology to large-scale industries, and make an immediate, measurable reduction on carbon emissions. At the same time, we are advancing our vision to offer a scalable and affordable decarbonisation solution for industry, and a market-driven profit incentive on the cost of carbon removal."

Published in Global Cement News
Tagged under
  • Canada
  • Lafarge Canada
  • Holcim
  • Hyperion Global Energy
  • Launch
  • Plant
  • GCW663
  • CO2
  • concrete
  • Ontario
  • CCUS
  • carbon capture
  • decarbonisation

Cement industry representatives attend talks at US Congress

12 June 2024

US: Representatives of the Portland Cement Association (PCA) and its members are meeting politicians at Congress to discuss cement sector decarbonisation on 12 and 13 June 2024. The PCA says that meetings will address permitting processes and new emission standards affecting the industry.

PCA president and CEO Mike Ireland said "There's a lot happening in Washington this year that directly impacts America's cement manufacturers, which is likely why we have a record turnout of cement company leadership in town for this fly-in. Our industry's top objective is to reach carbon neutrality. While our companies appreciate recent funding from the Department of Energy to assist in decarbonisation efforts, it's still challenging for them to make significant advancements due to a cumbersome permitting system and unrealistic Environmental Protection Agency regulations that could lead to eventual cuts in plant operations and staffing. As the infrastructure law is hitting its stride, the country needs more cement and concrete, not less. We're here to ask Congress to work with us to arrive at reasonable policies and standards that will allow manufacturers to continue to provide the resilient, sustainable building materials our country has come to expect."

Published in Global Cement News
Tagged under
  • US
  • Portland Cement Association
  • PCA
  • lobbying
  • Government
  • GCW663
  • decarbonisation

Heidelberg Materials to stop clinker production at Añorga cement plant

12 June 2024

Spain: Heidelberg Materials plans to stop clinker production at its Añorga plant near San Sebastián and run the site as a cement grinding plant instead. It says it intends to use the change to focus on low-carbon cement products in Spain and the South-West of France. The clinker required to supply the markets in Northern Spain and the South-West of France will be produced at Heidelberg Materials Spain’s Bilbao plant instead. The closure of the clinker production line at Añorga will start once staff negotiations at the plant are completed. The company said that, “socially acceptable solutions for all affected employees are being sought.”

Published in Global Cement News
Tagged under
  • Spain
  • Heidelberg Materials
  • Plant
  • Closure
  • grinding plant
  • France
  • Staff
  • GCW663

Paebbl marks first tonne of CO2 sequestered in circular building materials

12 June 2024

Netherlands: Paebbl has successfully mineralised its first tonne of CO2 into raw materials for alternative building materials at its pilot facility in Rotterdam. The tonne of CO2 corresponds to 3t of material produced. In a post to LinkedIn, the company said that it is now seeking ‘more brilliant, planet-aligned, resilient people’ to join its team of 30 people.

Paebbl said “We're moving fast, but our journey is barely a humbling 0.0000001% complete.”

Published in Global Cement News
Tagged under
  • Netherlands
  • Paebbl
  • CO2
  • GCW663
  • carbon sequestration
  • Sustainability
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