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France: LafargeHolcim France says that it has “responded to the demand for low-carbon concretes” with the launch of a CEM-II Portland limestone cement product with 25% lower carbon dioxide (CO2) emissions than Ordinary Portland Cements (OPC) in its Galaxim Planet range. The new addition to the range, of which LafargeHolcim plans to produce 100,000t by 31 December 2020, contains 35% limestone, up by 23% from 12% in ordinary Portland limestone cement.
LafargeHolcim France south region cement sales director Olivier Mespouilles said, “Our goal is to offer all builders a cement offering properties equivalent to a conventional cement with the advantage of a reduced carbon footprint. This tour de force was successful thanks to the involvement of all our teams, and we are the first player in France to offer this type of limestone cement in such a volume." The cement is due to enter the market in the Languedoc-Roussillon region. From 2021 the company hopes to supply 80% of customers there with the low-carbon cement.
Russia: Eurocement subsidiary Kavkazcement has announced the launch of a new CEM-II Portland limestone cement product. The company says that the cement has a wide range of applications, from “general purpose structures to objects operating under aggressive environmental conditions: concrete and reinforced concrete structures, monolithic structures, massive foundations and indoor structures, as well as in screeds, plaster mortars and dry building mixes.” Kavkazcement general director Nikolai Muradov said, “The use of cements with mineral additives provides a high-quality concrete surface; in finished products, the risk of efflorescence, cracking and other defects is reduced.” Customers can purchase the product in 50kg or 1t bags.
Cemex invests in Arqlite 08 July 2020
US: Mexico-based Cemex has announced its investment in Arqlite, a producer of aggregates from waste plastic. Arqlite won the Cemex Ventures Global Construction Startup Competition in 2019. Other investors in the company, which began its research and development process in Argentina in 2016, include Kamay Ventures and Chris Graff.
The Cemex Ventures Global Construction Startup Competition 2020 remains open to applicants until 26 July 2020.
UK: Germany-based Loesche has joined a network of expert companies that “share relevant information and results regarding the reduction of environmental impact and the use of coal and enhanced energy security globally” in becoming an IEA Clean Coal Centre knowledge partner. The company said, “We are excited to be part of this renowned group of companies that aim to improve the environmental impact by use of green technologies, renewable resources, and alternative use of energy sources for more sustainable engineering projects.”
HeidelbergCement’s asset portfolio revalued 07 July 2020
Germany: Following a comprehensive review of its assets HeidelbergCement has announced a Euro3.4bn impairment to its company value compared to the figure from a precious valuation prior to the second quarter of 2020. The company gave the reasons for the impairment as: the demand impacts of the coronavirus pandemic; economic effects on operations in individual countries; notably in the UK post-Brexit; and an increase in the market risk premium used by the Institut für Wirtschaftsprüfer (German public auditing body) for valuation to 7% from 6%. The largest regional impairment was Euro2.7bn, in Western and Southern Europe. Euro2.3bn of the total impairment, “relates to the Hanson acquisition” by HeidelbergCement in 2007.