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Cemex Ventures raises stake in HiiROC

20 December 2023

UK: Cemex’s corporate venture capital and open innovation unit Cemex Ventures has increased its stake in green hydrogen production technology developer HiiROC. Cemex Ventures described hydrogen as a ‘breakthrough approach’ to CO2 reduction in the cement sector.

Head of Cemex Ventures Gonzalo Galindo said "This news comes at a critical moment, when COP28 has brought the world together to address and refocus the climate agenda and buckle down on the responsibility of governments and private corporations to deliver on their decarbonisation objectives ahead of 2030. With our increased investment in HiiROC, we are especially proud to be number one in the use of hydrogen in the cement sector and are committed to keep scouting new ways to deploy hydrogen at a grand scale at Cemex’s 60 cement and grinding plants.”

Published in Global Cement News
Tagged under
  • UK
  • Cemex
  • Cemex Ventures
  • HiiROC
  • corporate
  • GCW639
  • hydrogen
  • CO2
  • Stake
  • Sustainability

Heidelberg Materials Canada incurs US$142,000 fine for injury to contractors at Picton cement plant

20 December 2023

Canada: A provincial offences court has fined Heidelberg Materials Canada US$142,000 for ‘failing to take every precaution reasonable in circumstances under which three contractors were injured at its Picton cement plant. The workers were reportedly injured in a flash fire while replacing the plant’s jet air blower, after company engineers mistakenly overrode digital signals on both open valves between the gas supply and the area where the repair was taking place.

Published in Global Cement News
Tagged under
  • Canada
  • Heidelberg Materials
  • Plant
  • Fine
  • Government
  • health & safety
  • GCW639

Titan Group wins EU Innovation Fund grant for IFESTOS carbon capture project

19 December 2023

Greece: The EU Innovation Fund has awarded a Euro234m grant to Titan Group for its IFESTOS carbon capture and storage (CCS) project. Titan Group said that the project, the largest initiative of its kind in Europe, marks a ‘monumental leap forward’ in its decarbonisation journey. The company hopes that the project will help to promote the deployment of carbon capture technology in Greece and beyond.

IFESTOS director and project leader Aris Tsikouras said “This agreement solidifies our group’s role as leaders in driving transformative change in industrial decarbonisation across Europe. IFESTOS encapsulates our commitment to sustainability and innovation, forging a path toward a cleaner, greener and more resilient future for the industry, in line with EU climate policy.”

Published in Global Cement News
Tagged under
  • Greece
  • EU Innovation Fund
  • Titan Cement
  • Titan Cement
  • carbon capture
  • CCS
  • Sustainability
  • CO2
  • European Union
  • funding
  • Grant
  • GCW639
  • CCUS
  • decarbonisation

École Polytechnique Fédérale de Lausanne recognised as Energy Transition Changemaker for LC3 limestone calcined clay cement project

19 December 2023

Switzerland/UAE: The COP28 UAE Presidency named École Polytechnique Fédérale de Lausanne (EPFL) among its Energy Transition Changemakers in the Heavy Emitting Sectors category. EPFL won the prize for its LC3 limestone calcined clay cement, which replaces 50% of clinker content with calcined kaolinite clay and limestone. LC3 cement reduces CO2 emissions by 40% compared to ordinary Portland cement (OPC), and is a readily available solution that can be scaled worldwide. EPFL noted the special importance of LC3 cement for CO2 reduction efforts in developing countries, and sees it as having the potential to eliminate 500Mt/yr of global CO2 emissions by 2030. In a post to LinkedIn, the LC3 Project said that nine plants around the world currently produce LC3 cement, with a further 20 planned before 2025.

Published in Global Cement News
Tagged under
  • Switzerland
  • UAE
  • COP28
  • Limestone calcined clay cement
  • Calcined Clay
  • CO2
  • Sustainability
  • Emissions
  • kaolin
  • clay
  • Research
  • Award
  • Prize
  • Alternative raw materials
  • supplementary cementitious materials

Hume Cement Industries issues medium-term notes

19 December 2023

Malaysia: Hume Cement Industries has issued medium-term notes worth US$21.4m, which it said were fully redeemed on 18 December 2023. InPR News has reported that the issuance is the first part of a US$107m programme.

Published in Global Cement News
Tagged under
  • Malaysia
  • Hume Cement Industries
  • Shares
  • Finance
  • GCW639
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