19 November 2024
Heidelberg Materials Hispania partners with Enagás for carbon capture and storage project in Northern Spain 19 November 2024
Spain: Heidelberg Materials Hispania and Enagás have signed a collaboration agreement for a CO₂ capture, transmission, liquefaction and storage project in Northern Spain. Heidelberg Materials Hispania says that the collaboration will support carbon capture installations at its plants in the region. The partners will now produce a feasibility study and technical designs for CO₂ transmission, liquefaction and storage infrastructure, including the use of Enagás’ existing regasification terminals.
Heidelberg Materials Hispania operates the 1.1Mt/yr Añorga and Arrigorriaga cement plants, both in the Basque Country.
Upcoming 1Mt/yr cement plant announced in Balkh 19 November 2024
Afghanistan: A joint venture of two local and two China-based companies plans to build a new US$200m, 1Mt/yr-capacity cement plant in Balkh. Afghan state media has reported that the plant will generate 1000 local jobs and reduce the reliance on imports in Northern Afghanistan.
Taiwan: Taiwan Cement Corporation (TCC) and 100 construction firms have together launched the Low Carbon Construction Pioneer Alliance. CNA News has reported that the founding members eliminated 146,000t of CO₂ emissions altogether through their use of reduced-CO2 building materials since November 2024. This includes despatches of 800,000m3 of Portland limestone cement (PLC) concrete by TCC, with 2.5Mm3 in cumulative orders to date. TCC first launched its PLC in October 2023, touting an emissions reduction of 15% compared to ordinary Portland cement (OPC). It since enlarged the net reduction to 24% through production modifications.
Taiwan Cement chair Zhang Anping said "TCC took the initiative to align with the Global Cement and Concrete Association and released the lowest-carbon PLC concrete in Taiwan. The CO2 reduction is far greater than the 53% as defined by the government.”
UltraTech Cement may issue US$118m in bonds 19 November 2024
India: Aditya Birla subsidiary UltraTech Cement is reportedly considering issuing bonds worth US$118m. Informist MoneyWire News has reported that the issuance may take place later in November 2024.
Aditya Birla targets 200Mt/yr cement capacity by 2035 19 November 2024
India: Aditya Birla plans to expand its production capacity by 28% from 156Mt/yr to 200Mt/yr before 2035. Group chair Kumar Mangalam Birla told the Hindustan Times Leadership Summit in New Delhi that scale is key to long-term survival, and that he always aims for his group to be a leader in any given industry in which it operates.
Domain-B News has reported that Birla said "It took the group 36 years to build a 100Mt/yr cement capacity, while it added another 50Mt/yr capacity in five years.”