Cement News tagged under: Holcim

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Bangladesh's foreign and local cement firms report mixed financial results in 1QFY24

15 December 2023, Published under Cement News

The Bangladesh foreign and local cement firms listed at the Dhaka Stock Exchange (DSX) improved their earnings in the July-September quarter of FY23-24, overcoming challenges stemming from rising energy costs and the depreciation of the taka currency against the dollar during this accounting period. According to local media, the cement makers partially offset additional costs by boosting sales prices and taking advantage of the recent reduction in raw materials prices in the global market. ...

Key producers collaborate on new carbon capture technology

14 December 2023, Published under Cement News

Holcim , SCG-CGS , Cementos Argos and Cements Molins are collaborating with Nuada, a pure-play carbon capture company, on a next-generation carbon capture technology designed to deliver low-carbon cement. The technology involves the construction of energy-efficient filtration machines that capture CO 2 from industrial off-gases, enabling hard-to-abate sectors to reduce they carbon footprint with minimal impact on their bottom line. It combines advanced solid adsorbents (Metal Organ...

Cement factories in Wallonia receive decarbonisation funding boost

14 December 2023, Published under Cement News

Holcim , CBR  and  Compagnie des Ciments Belges (CBB) are among five industrial companies based in the Wallonia region of Belgium to receive a EUR346m finance package to halve their greenhouse gas (GHG) emissions. Half of the financial package is being publicly financed by Wallonia and Europe. The cement producers will have assistance in halving their CO 2 emissions, along with steel makers Industeel and Aperam. The five heavy-industry manufacturers are among the largest GHG emitters ...

Holcim's CCUS project scoops COP28 awards

14 December 2023, Published under Cement News

Holcim has received two awards at COP28 in Dubai for its Carbon2Business project in Lägerdorf, Germany, in recognition of the scalability and breakthrough innovation of its carbon capture technologies. The first saw Holcim named by the COP28 Presidency as an 'Energy Transition Changemaker' - a title awarded to companies with game-changing innovative solutions that can be scaled to accelerate decarbonisation. For the second, Carbon2Business was selected as Germany’s 'outstanding project' in...

Carbon2Business project wins two awards at COP28

11 December 2023, Published under Cement News

Holcim has received two awards at COP28 in Dubai, UAE, for its “Carbon2Business” project in Lägerdorf, Germany, in recognition of the scalability and breakthrough innovation of its carbon capture technologies.  The first award saw Holcim named by the COP28 Presidency as an "Energy Transition Changemaker", a title awarded to companies with game-changing innovative solutions that can be scaled to accelerate decarbonisation. For the second award, the Carbon2Business was selected as Germany’s “...

Sinoma to build new clinker line in Belgium

08 December 2023, Published under Cement News

Sinoma International Engineering has won a EUR218m (US$238m) contract with Holcim to build a 1.68Mta clinker cement production line in Belgium. The contract covers engineering design, mechanical and electrical equipment, steel structure procurement, supply and installation, production commissioning, technical services, and other aspects, the Beijing-based firm said yesterday. The deal takes effect immediately, it added.  The first batch of clinker will be produced within 164 weeks, Sinom...

East Africa Portland Cement Co announces new clinker line project

06 December 2023, Published under Cement News

East Africa Portland Cement Co   (EAPCC) is planning a KES30.53bn (US$200m) clinker line in Kajiado county, Kenya. The plant, which will have a clinker capacity of approximately 5000tpa, will be located on a 300-acre greenfield site. EAPCC ( Holcim Group ) says the clinker will be used for cement production in the domestic market with the surplus being exported to neighbouring countries. Clinker produced at the company’s Athi River factory is not of a high enough standard at present w...

Heracles Group’s Olympus CO2 project receives EU funding

06 December 2023, Published under Cement News

The EU Innovation Fund has chosen to co-finance Heracles Group ’s ( Holcim ) Olympus CO 2  capture project. The Olympus project aims to transform Heracles Group’s plant in Milaki , Greece, into a zero carbon cement plant through the use of innovative carbon capture and storage (CCS) technologies. The project marks an investment of over EUR300m, of which the EU Innovation Fund will grant EUR124.5m. Dimitris Chanis, Heracles Group CEO, said, “With the Olympus project, we make another stra...

Mission Possible reports says CCUS is falling short

05 December 2023, Published under Cement News

Ten of the world’s largest cement and concrete companies, including Heidelberg Materials , CEMEX and Holcim , have joined architects, engineers and construction firms in a collective acknowledgement for action, known as Mission Possible Partnership (MPP). MPP has developed a new strategy with industry input that sets out milestones and commitments needed by government, industry and investors over the next 25 years to make net zero emissions in concrete and cement a reality. The strategy,...

Holcim joins Circularity Task Force at COP28

04 December 2023, Published under Cement News

Holcim has become a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force, launched at COP28 in Dubai, to accelerate the world’s shift to a circular economy. The task force aims to close essential material loops to advance climate action, while preserving nature’s resources and planetary boundaries.  This commitment adds to Holcim’s leadership in circular construction, a driver of its decarbonisation journey, which includes the goal of recycling more than...