India: India imported 2.03Mt of coal from Russia in July 2022, making the widely sanctioned nation its third largest source of coal that month. The figure represents a 10% month-on-month increase from 1.85Mt-worth of Russian coal imports in June 2022. The Economic Times newspaper has reported that the single largest importer of thermal coal in July 2022 was UltraTech Cement, with 170,000t.
Cemex Ventures invests in Zacua Ventures
US: Mexico-based Cemex Ventures has invested in construction sustainability early-stage venture fund Zacua Ventures. The producer says that other investors include Andres Construction, GS Futures, Progreso X and Sabancı Building Materials Group.
Cemex Ventures head Gonzalo Galindo said "As pioneers in the construction industry's transformation, we are happy to be part of this investment vehicle to seek innovative solutions that help boost productivity, sustainability and urbanization.” Galindo added “The collaboration and synergy between the involved partners will help further accelerate our efforts.”
Holcim Argentina achieves 50% ECOPact concrete deliveries
Argentina: ECOPact reduced-CO2 concrete accounted for 50% of Holcim Argentina’s cement deliveries at the end of the first half of 2022, a higher share than in any other country apart from the UK. Holcim launched ECOPact concrete across its markets in June 2021. Holcim Argentina plans to execute new investments to further increase its distribution of the product.
The company’s head of concrete José Villacreses said “We have set ourselves even more challenging goals. We will be the undisputed ally for sustainable projects throughout Argentina. Whoever wants to measure their carbon footprint to offer sustainable construction will find in Holcim the necessary solution to be able to achieve the certifications that society demands today.”
GCC to expand Odessa cement plant
US: GCC plans to invest US$750m in an upgrade to its 0.9Mt/yr Odessa cement plant in Texas. The Milenio newspaper has reported that the upgrade will more than double the plant’s capacity to 1.9Mt/yr and lower its CO2 emissions per tonne of cement by 13%. GCC expects the new capacity to be operational by 2025.
The group said “GCC will carry out the project at the Odessa plant because the US market is developing faster and represents savings in freight compared to the plant located in Chihuahua, Mexico.”
More Articles ...
