Bolivia: Fabrica Nacional de Cemento (FANCESA) has secured a contract for the supply of over 582,000t of cement to the Nueva Santa Cruz Ciudad Inteligente housing development near Santa Cruz. The Correo del Sur newspaper has reported that value of the contract as US$72.0m.
UltraTech Cement orders nine vertical roller mills from Gebr. Pfeiffer
India: Germany-based Gebr. Pfeiffer has received an order from Aditya Birla subsidiary UltraTech Cement for nine vertical roller mills. The producer plans to install the mills across three newly-built clinker lines. The supplier said, “The cooperation between UltraTech Cement and Gebr. Pfeiffer is based on the understanding of not only being a customer or supplier, but to achieve common goals in partnership.”
15% of large cement companies aligned with 2°C target for 2050
UK: The Transition Pathway Initiative (TPI) has conducted a study into the emissions reduction practices of 33 large cement producers. The study concluded that five of the companies are currently aligned with the emissions reduction pathway which would keep the global temperature rise below 2°C by 2050 compared to pre-industrial levels. This corresponds to 15% of large cement companies assessed in the study compared to 14% of large companies in heavy industries globally. The TPI commended the five producers, noting that in global industry “fewer companies are aligned with 2°C after 2030 [than by 2030], because the pace of decarbonisation required in the industrial sector really picks up next decade, requiring drastic falls in emissions between 2030 and 2050 to meet Paris Agreement goals. More industrial companies need to set longer term targets to 2050 that require greater levels of decarbonisation.” Just one aluminium producer and no paper producers are in line with the 2050 target.
TPI Co-Chair Adam Matthews said, “As we enter the transition decade these hard-to-abate sectors are critical to achieving net zero goals by 2050. Whilst it is concerning that so few industrial companies are ready, it is clear new industrial processes based on circular economy principles give us a tipping point of technically viable, economically attractive solutions.”
ACC and Ambuja Cements renew master supply agreement
India: ACC’s audit committee and board of directors have approved the renewal of the company’s master supply agreement with Ambuja Cements from 2 May 2021 to 2 May 2024. The agreement will continue on its current terms.
