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News Czech producers under pressure from EU ETS prices

Czech producers under pressure from EU ETS prices

Written by Global Cement staff 28 January 2022
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Czech Republic: The high prices of European Union (EU) Emissions Trading Scheme (ETS) emission allowances, more than Euro84/t of CO2 emitted in the week to 28 January 2022, are likely to make cement production more expensive. Manufacturers are currently unclear how much prices will have to rise but stated that they could no longer absorb the rising cost of buying extra allowances.

Pavel Pavel Zdeněk, sales director of Lafarge Cement, the local Holcim subsidiary, said "The price of emission allowances are around Euro85/t. This year, the price may remain the same, but it could also rise to Euro100/t. This will already be reflected in the costs."

Last modified on 02 February 2022
Published in Global Cement News
Tagged under
  • Czech Republic
  • Emissions Trading Scheme
  • Lafarge Cement
  • Holcim
  • CO2
  • GCW542
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