Global Cement News

India: Adani Group has committed to investing US$100bn in the decade to the end of 2033 towards transitioning its operations to net zero CO₂ emissions by 2050. The scope of investments will include the group’s cement business in addition to logistics and power generation. The group has also set a target for five of its subsidiaries, including ACC and Ambuja Cements, to become net zero by 2050 or earlier. Adani Enterprises currently plans to build a 10GW/yr-capacity solar panel plant, a 10GW/yr-capacity wind turbine plant and a 5GW/yr-capacity hydrogen electrolysers plant.

Adani Group said "The roadmap to the net zero transition will require green hydrogen solutions in its last mile. To make green hydrogen adoption feasible, Adani's track record in large-scale renewables and fully integrated manufacturing with end-to-end engineering, procurement and construction capability — all in one single location — uniquely positions it to secure lower costs."

Germany/UAE: Holcim has claimed two sustainability awards at the COP28 climate conference for its work on the Carbon2Business carbon capture project at its Lägerdorf cement plant in Germany. Holcim won a COP28 Presidency’s Energy Transition Changemaker award and the Outstanding Project award for Germany at the COP28 Mission Innovation Net-Zero Industries Awards. The COP28 Presidency Energy Transition Changemaker initiative fosters deployment of scalable innovations to accelerate decarbonisation. Holcim was among 39 winners across four different industries. Meanwhile, the Mission Innovation Net-Zero Industries Awards are the first global competition in recognition of projects that have revolutionised industries, disrupted the status quo and set new benchmarks for decarbonisation in energy intensive sectors.

Holcim’s chief sustainability officer Nollaig Forrest said “It's great to close COP28 with two awards for our Carbon2business project in Lägerdorf. This is just one of our six carbon capture, storage and utilisation projects in Europe enabling us to produce at least 8Mt/yr of fully net zero cement by 2030.” Forrest added “These awards recognise companies for their collaboration and innovation, and at COP28 Holcim continued to create momentum with our partners across the building value chain to accelerate decarbonisation.”

Rwanda: CIMERWA increased its sales by 12% year-on-year to US$82.5m during the 2023 financial year, which ended on 30 September 2023. Its profit also grew, by 19% to US$16.1m. KT Press news has reported that the National Cement subsidiary, at that time a subsidiary of South Africa-based PCC, attributed the growth to its optimisation of production processes, cost savings initiatives and revamped route-to-market model for both the domestic and export markets.

Chief executive officer James Oduor said "We are very proud of this past year's financial performance. We remain very optimistic that the optimisation of selling prices as well as distribution channels for both domestic and export markets will translate to an even better performance in the coming year." He added "We have put in place a strategy and roadmap to guide actions around environmental, social and governance (ESG) and remain steadfast in our commitment to continually deliver superior value to our customers, shareholders and the nation as whole, all while fulfilling on our promise to continue strengthening Rwanda."

Mexico: The International Chamber of Commerce (ICC) and Mind the Bridge have named Cemex among construction industry sustainability leaders at the Top 100 Corporate Startup Stars 2023. The designation recognises work towards world-class open innovation and sustainability practices and successes in establishing collaborations between corporations and start-ups.

Gonzalo Galindo, head of Cemex’s venture capital arm Cemex Ventures, said “Fostering innovation, one of Cemex’s core values, is a fundamental aspect of our company culture and central to our commitment to our customers and communities in which we are present. We’re thrilled to be considered among some of the world’s most innovative companies in this year’s Corporate Startup Stars list, and will continue to disrupt the status quo and foster the construction industry revolution.”

UK: Holcim subsidiary Aggregate Industries has commenced its construction of a cement blending plant and import hub on the River Thames at the Port of Tilbury in Essex. The facility also includes units for the production of reduced-CO₂ cement components, including ground granulated blast furnace slag (GGBFS) and construction demolition waste (CDW)-based materials. The Tilbury site has five loading heads and will help Aggregate Industries to maintain its continuous supply of conventional, reduced-CO₂ and circular cementitious materials to London and South East England.

Chief executive officer Dragan Maksimovic said “This important investment will further strengthen our position in the market, allowing us to drive our sustainability ambitions and lead the way in low carbon and circular building materials. The London and South East construction market has major regional projects on the horizon, and we are primed and ready to meet the region’s rising demand for sustainable solutions.”

Steve Curley, managing director cement, added “Our ECOPlanet range of green cement was recently added to our green offering. By investing in this impressive facility within the Port of Tilbury, we will truly boost our sustainable offering and be more agile and efficient in the way we manufacture, transport and supply our products across this region.”