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Hoffmann Green extends US licensing agreement 15 January 2025
US/France: Hoffmann Green Cement Technologies has extended its licensing agreement with Hoffmann Green USA, signed in July 2024, to cover 25 states in the eastern United States. This has triggered an additional entry fee of €8m, following the €2m already received. The agreement grants industrial and technological transfer rights and exclusivity in the expanded territory. It includes fixed and variable royalties based on sales of Hoffmann Green cements. Hoffmann Green USA may also sub-license units in these territories, with discussions currently underway with potential sub-licensees.
Philippines: Aboitiz Upgrade Solar (AUSI), a joint venture between Aboitiz Power and Upgrade Energy Philippines, is building a ground-mounted solar facility at Republic Cement’s Norzagaray plant in Bulacan, according to The Philippine Star. Under the power purchase agreement, AUSI will fund and operate the project, while Republic Cement will exclusively purchase the generated power.
The facility is set to be completed in the second half of 2025, with capacity and project costs undisclosed.
Misr Beni Suef Cement to build solar power plant 15 January 2025
Egypt: Misr Beni Suef Cement has signed a contract worth nearly US$6m with solar energy supplier IRSC, in cooperation with JINKO and HUAWEI, to establish a solar power plant at its site in Beni Suef Governorate.
The project aims to increase the company’s use of clean energy and reduce the environmental impact of its industrial operations. The capacity of the facility has not been disclosed.
CBMI launches calcined clay pilot project in Tangshan 15 January 2025
China: CBMI Construction has officially launched a flash calcination clay project in Tangshan, Hebei province. Karen Scrivener, head of the Laboratory of Construction Materials at the School of Engineering at the Ecole polytechnique fédérale de Lausanne (EPFL), attended the event. Scrivener is a prominent researcher and advocate for LC3 (limestone calcined clay cement).
CBMI’s other clay projects around the world as a contractor include the SPL Calcined Clay Project in France, the CIZ Calcined Clay Project (rotary calciner) in the Czech Republic, the Guayaquil Calcined Clay Project in Ecuador and the Ivory Coast Calcined Clay Project (flash calciner).
Titan America files registration statement for IPO on NYSE 14 January 2025
US: Titan America, the US subsidiary of Titan Cement, has filed a registration statement for its proposed initial public offering (IPO) with the Securities and Exchange Commission. The company plans to list shares on the New York Stock Exchange (NYSE), including both primary and secondary sales, aiming to raise up to an estimated US$500m, subject to market conditions.