Cement News tagged under: sustainability
CEMEX joins the UN CFO Taskforce to promote sustainability goals21 December 2021, Published under Cement NewsCEMEX SA de CV has joined the United Nations (UN) Global Company CFO Taskforce for the Sustainable Development Goals (SDG) as the company continues to align its financial strategy to its leadership in addressing climate change, the company announced. The CFO Taskforce for the SDGs has three main goals: to engage the global CFO community, to integrate the SDGs into strategy, financing, and investor relations, and to create a broad sustainable finance market. Members of the UN Global Compact... |
SOCOCIM launches Climate Plan14 December 2021, Published under Cement NewsSenegal’s SOCOCIM has launched its “Climate Plan” to reduce its carbon footprint by opening a new production line at its Rufisque plant with a capacity of 10,000tpd. FIVES has been awarded the contract for the engineering and equipment. When completed the company’s low-carbon cement capacity will increase from 3.5Mta to 7Mta. SOCOCIM’s Climate Plan aims to reduce the company’s carbon footprint and enable the cement producer to gradually phase out the use of fossil fuels in cement production... |
CEMEX UK: innovations for fossil fuel phase out07 December 2021, Published under Cement NewsCEMEX is committed to achieving carbon neutrality through innovation and investment in future-forward technology. Paul Fletcher, head of sustainability Europe, CEMEX, discusses how the route to net zero using groundbreaking technologies at CEMEX’s UK Rugby cement plant is setting the scene across all operations. By Paul Fletcher, CEMEX UK. CEMEX UK has recently invested approximately US$25m into a new system to further replace fossil fuels usage at its Rugby cement plant, incorp... |
How energy reforms could impact Mexico's cement industry26 November 2021, Published under Cement NewsThis week, we will be taking a look at the proposed Mexican energy reforms and their potential impact on the cement industry. Mexico's president, Andres Manuel Lopez Obrador (AMLO), introduced the prospect of sweeping energy reforms earlier this year. The move would see state control of the energy market substantially increase. The state-owned Comision Federal de Electricidad (CFE) would generate 54 per of consumed electricity, while private companies would be able to produce the remainin... |
Holcim launches new concrete product26 November 2021, Published under Cement NewsHolcim has launched a new high-performance concrete, DYNAMax, which is expected to deliver high strength, durability and rigidity alongside design freedom and sustainability, according to a press release. It will be launched in close to ten markets across Europe, Latin America, North America and Asia Pacific in 2022. Jan Jenisch, CEO Holcim, said: “I’m excited by the launch of our DYNAMax high-performance concrete, advancing our global range of innovative and sustainable building solut... |
Holcim Philippines signs contract for two solar power plants22 November 2021, Published under Cement NewsHolcim Philippines has signed a 20-year deal with Blueleaf Energy, a leading renewable energy company, to deliver solar power to its plants in Norzagaray, Bulacan, and Bacnotan, La Union. As part of the agreement, Blueleaf will finance, build, operate and maintain solar energy facilities with a combined capacity of 29MW, which are expected to supply up to 15 per cent of the energy requirements of the two Luzon plants by 2024. "Reducing the carbon footprint of our operations is one of our... |
Sinoma to build WHR plant for Philippine producer22 November 2021, Published under Cement NewsThe Philippines’ Board of Investment (BoI) has approved Sinoma Energy Conservation (Cebu) Waste Heat Recovery (WHR) Co Inc as the new operator of a 4.5MW WHR plant in Naga City, Cebu province. "Under a Power Supply Agreement, the WHR power generating plant will provide significant support to a specific cement company in Cebu by capturing and using the waste heat of the cement plant to generate a steady and cost-effective supply of electricity at about 23,130,000kWH per year," said the BOI ... |
Holcim announces its Strategy 202518 November 2021, Published under Cement NewsHolcim has announced its “Strategy 2025 – Accelerating Green Growth” to become the global leader in innovative and sustainable building solutions, following the group’s achievement of Strategy 2022 one year in advance. With “Accelerating Green Growth,” it is seeking to achieve profitable growth across all its businesses. As part of this it is expected to accelerate the expansion of its Solutions & Products business to reach 30 per cent of group sales, with this achieved through strategic i... |
Rainwater meets UCWL needs09 November 2021, Published under Cement NewsThe awareness of water as an finite resource to be conserved and recycled as much as possible has also been taken into account by the global cement industry for a long time. In India, JK Lakshmi Cement’s subsidiary Udaipur Cement Works Ltd (UCWL) has carried out significant work to make sustainable use of harvested rainwater at its limestone mines in Rajasthan. By Naveen Kumar Sharma and Jitesh Singh Darmwal, Udaipur Cement Works Ltd, India. UCWL Daroli limestone mine pit with harvest... |
Cemex closes US$3.5bn credit agreement09 November 2021, Published under Cement NewsCemex has closed a new US$3.25bn syndicated credit agreement, with it being the first debt issued under its sustainability-linked financing framework. The proceeds have been used to fully repay its previous facilities agreement. The new credit agreement consists of US$1.5bn in five-year amortising term loans and a US$1.75bn five-year committed revolving credit facility, the company said in a statement. "This new credit agreement represents a major milestone in our path to investment gr... |