10 November 2017
Belgium: The European Parliament and Council have reached a provisional agreement to revise the European Union (EU) Emissions Trading System (EU ETS) for the period after 2020. This revision is intended to help the EU on track to achieving its commitment under the Paris Agreement to reduce greenhouse gas emissions by at least 40% by 2030. The deal between the parliament and council follows more than two years of negotiations, following the European Commission's proposal to revise the EU ETS in July 2015.
The main improvements agreed by parliament and council include changes to the system in order to hasten emissions reductions and strengthen the Market Stability Reserve to speed up the reduction of the current oversupply of allowances on the carbon market. Additional safeguards have been proposed to provide European industry with extra protection, if needed, against the risk of carbon leakage. Several support mechanisms have also been added to help industry meet the innovation and investment challenges of the transition to a low-carbon economy.
Cembureau, the European Cement Association, said that it had hoped, “…for a stronger signal towards best performing plants that their investment efforts will be honoured through a full protection against carbon leakage and is still concerned about the impact of a cross-sectoral correction factor.” However, it added that it was pleased that the EU had withstood attempts to differentiate between sectors in applying the rules of the ETS scheme.
Environmental campaign group Sandbag criticised the amendments for not going far enough to cope with a gap between allowance supply and emission. “The logic of the Paris Agreement is that all countries need to step up ambition to cut emissions. With the ETS hobbled, the EU and Member States must now immediately look to how emissions can be cut rapidly before 2020 and in the period up to 2030. Accelerating coal plant closures and supporting the efforts of industry to decarbonise, is essential,” said Sandbag’s managing director Rachel Solomon Williams.
Following the political agreement between the parliament, council and commission, also known as a trilogue, the text will have to be formally approved by the parliament and the council. Once endorsed by both co-legislators, the revised EU ETS Directive will be published in the Official Journal of the Union and enters into force 20 days after publication.
Buzzi Unicem’s revenue boosted by European and US sales 10 November 2017
Italy: Buzzi Unicem’s revenue in the third quarter of 2017 has been boosted by strong sales in the US, Italy, Germany and Russia. Overall, its net sales rose by 6.7% to Euro2.13bn in the first nine months of 2017 from Euro2.00bn in the same period in 2016. Its cement sales volumes rose by 4.1% to 20.3Mt from 19.5Mt.
The group said that, although its operating performance was penalised at the end of August and in September 2017 by the impact of hurricane Harvey along the Texas coast, sales volumes of the group grew due to its acquisition of Zillo Group, which started in July 2017. With the exception of Ukraine, all countries in which the company operates in recorded gains in shipments and a marked increase was noted in Italy, Germany, the Czech Republic and Luxembourg.
Cemex USA launches terminal in Denver 10 November 2017
US: Cemex USA has officially launched a new railway terminal at Commerce City near Denver, Colorado. The site started operations in late September 2017. It is served by an existing rail line from the Lyons Cement Plant and has a silo capacity of 5000t. It will be used to store Type II ordinary Portland Cement. The unit is intended to supply cement to the Denver Metropolitan area as well as the wider state market.
Cemex’s US assets include 11 cement plants, 43 distribution terminals, 57 aggregate quarries and more than 270 ready-mix concrete plants.
Rudny Cement plant delayed to 2018 10 November 2017
Kazakhstan: The opening of the Rudny Cement plant has been delayed to 2018. The regional government said that the US$44m project is in the final stage of completion, according to Interfax. The 0.5Mt/yr plant has been postponed several times since 2010 due to a lack of finance. The most recent plan was to start production by the end of 2017.
Congolese cement producers support import ban 10 November 2017
Democratic Republic of the Congo: Cement producers have expressed their support for a ban on cement imports. The comments were made during an evaluation meeting on the ban held by the Minister of Foreign Trade, Jean Lucien Bussa, according to the Congolese News Agency. The minister noted, that since the ban was implemented on 25 August 2017, cement prices had not risen. Before the ban started imports from Lufu, Angola were blamed for flooding the market.
Panamanian cement production stable so far 2017 10 November 2017
Panama: Cement production has remained stable with a slight rise of 0.65% year-on-year to 1.3Mt in the January to August 2017 period, according to La Prensa newspaper. Along with an increase in ready-mix concrete, the rise follows 5% growth in the local construction industry.