Cement News tagged under: environmental
Argos North America Corp signs ESG-linked loan16 August 2021, Published under Cement NewsArgos North America Corp (Grupo Argos) entered into a new loan for US$300m, in which the interest rate is linked to CO 2 emission reduction indicators and an increase in the share of women in leadership positions. Grupo Argos continues to demonstrate its concrete commitment in implementing positive Environmental Social Governance (ESG) practices with this initiative. Cementos Argos SA and Argos USA LLC will act as guarantors in this operation. The financial entities with which the... |
ACC sets out 2030 sustainability targets13 August 2021, Published under Cement NewsACC has become the first company in the Indian construction sector to sign the “Business Ambition for 1.5°C” commitment with 2030 intermediate targets approved by the Science Based Targets initiative (SBTi), according to a press release. ACC has committed to reducing scope 1 GHG emissions/t of cementitious material by 21.3 per cent and scope 2 GHG emissions/t by 48.4 per cent by 2030, compared with a 2018 base year. "At ACC, we continuously strive to become a responsible and sustainable c... |
Cross Carbon Ventures targets carbon capture in heavy industries10 August 2021, Published under Cement NewsSvante Inc, Cross River Infrastructure Partners LLC and OTS Ltd, have entered into a commercial Memorandum of Understanding (MoU) that establishes Cross Carbon Ventures (CCV), an independent carbon capture development partnership. CCV will explore commercial opportunities in North America to develop, build, own and operate carbon capture projects for carbon intensive industries seeking to decarbonise their operations. CCV will leverage Svante’s innovative technology to capture carb... |
Cemex Ventures helps Carbon Clean raise US$8m for carbon capture projects04 August 2021, Published under Cement NewsCarbon Clean has raised US$8m from new investor Cemex Ventures and existing investors Equinor Ventures, ICOS Capital and WAVE Equity Partners. The capital raise extends Carbon Clean's successful US$2m Series B investment round , brings the total value of the round to US$30m. "We're delighted to have Cemex as an investor and its backing further confirms the growing value of our technology proposition, as well as expanding confidence of strategic investors," said Aniruddha Sharma, Carb... |
New northern Pakistan crushing site planned04 August 2021, Published under Cement NewsThe Khyber Pakhtunkhwa Provincial government of Pakistan has planned a limestone mining/crushing site at Khanpur for the cement industry. The scheme has been approved by the Cabinet and the Assembly as Annual Development Plan (ADP) in the FY21-22 financial budget for the country's northern area. KP Chief Minister Special Assistant on Mining, Arif Ahmadzai, informed the media that the KP Mines Department had awarded rights for establishing stone crushers near Khanpur Dam, cov... |
New northern Pakistan crushing site planned04 August 2021, Published under Cement NewsThe Khyber Pakhtunkhwa Provincial government of Pakistan has planned a limestone mining/crushing site at Khanpur for the cement industry. The scheme has been approved by the Cabinet and the Assembly as Annual Development Plan (ADP) in the FY21-22 financial budget for the country's northern area. KP Chief Minister Special Assistant on Mining, Arif Ahmadzai, informed the media that the KP Mines Department had awarded rights for establishing stone crushers near Khanpur Dam, cov... |
Cemex joins global alliances on climate change initiatives03 August 2021, Published under Cement NewsCemex SAB de CV has signed the Business Ambition for 1.5°C commitment, led by the We Mean Business Coalition in partnership with the Science Based Targets initiative (SBTi), and the UN Global Compact. With this commitment the company has joined UNFCCC's The Race to Zero Campaign. The decision to join these two major global alliances reinforces the company’s commitment to climate action. The Race to Zero campaign was launched to mobilise net-zero commitments from cities, businesses, an... |
Swedish cement shortage could impact climate transition02 August 2021, Published under Cement NewsMalin Löfsjögård, CEO of Swedish trade association Svensk Betong, says that the potential cement shortage starting in autumn 2021 could be detrimental to the planned climate transition. A considerable volume of cement will be required for infrastructure and new housing construction and supply could be significantly reduced following the discontinuation of Cementa’s limestone mining on Gotland . While the limestone in cement could be replaced partly with other materials, it is not sufficien... |
Cementos Argos achieves ‘outstanding’ FTSE4Good recognition02 August 2021, Published under Cement NewsArgos, (Grupo Argos) is the only Colombian company on the FTSE4Good Sustainability Index to achieve an outstanding listing in its category for its environmental, social, governance (ESG) practices among North American, European and Asian organisations. The companies are evaluated on more than 150 indicators that cover topics such as efficient use of water, climate change, biodiversity, health and safety, labour standards, human rights and communities, fiscal transparency, corporate gover... |
Lafarge Africa Plc opts for 52 LNG trucks28 July 2021, Published under Cement NewsAt Lafarge Africa Plc (Holcim group) has reaffirmed its commitment towards affordable and clean energy, through the launch of a new set of 52 LNG-fuelled trucks. The implementation of the natural gas powered trucks in partnership with Ecologique will improve environmental performance as LNG generates 30 per cent less CO 2 t han fuel oil and 45 per cent less than coal. The combustion of natural gas dissipates much more quickly in the air, leaving no particles or residue. Spe... |