Displaying items by tag: Sustainability

Switzerland/Germany: Holcim has announced the launch of a strategic partnership with inductive charging technology developer Magment to test and commercialise magnetisable concrete technology for use in roads. The technology will power and charge electric vehicles as they drive on roads fitted with Magment. Another possible application is in industrial floors, to charge robots and forklifts.

Holcim’s Global Innovation Center head Edelio Bermejo said: “At Holcim we are innovating to put concrete at the centre of our world’s transition to net-zero. With Magment, we are excited to be developing concrete solutions to accelerate electric mobility. Partnering with start-ups all over the world, we are constantly pushing the boundaries of innovation to lead the way in sustainability.”

UK: Building materials group Ibstock has announced its commitment to achieving a 40% CO₂ emissions reduction by 2030 and carbon neutrality by 2040. The commitment covers scope 1 and 2 emissions, building on the company’s existing sustainability roadmap commitments to create a framework of targets and critical milestones. Ibstock says that these will include investment in more efficient production processes and in high quality environmental projects to offset residual carbon. Additionally, it plans to develop a strategy to reduce indirect scope 3 CO₂ emissions in 2022. It will publish full details of all targets in its 2021 full-year results in March 2022.

During 2021, Ibstock invested Euro138m in the construction of two net zero facilities in West Midlands and West Yorkshire and procured 100% of its electricity from renewable sources. Ibstock is the parent company of Ibstock Concrete, which produces concrete roofing, walling, flooring and lintels at 14 sites across the UK.

Saudi Arabia: Qassim Cement has entered into a preliminary agreement with China-based Chengdu Design & Research Institute of Building Materials Industry (CDI) for the engineering, supply and construction of a cement mill at its integrated Buraydah plant. The new mill will have a production capacity of 300t/hr. The project is budgeted at around US$40m and it has an implementation period of 15 months. More binding detailed contracts are expected to be signed by mid-January 2022.

The cement company also plans to appoint a consultant to define the scope of work and identify contractors to build a 30MW solar unit near the Buraydah plant. It said that the company would not incur any capital or operational expenditure as the payment would be based on actual consumption. The solar unit project is part of the country’s Saudi Vision 2030 strategic framework to reduce dependence on oil.

Singapore: Pan-United Concrete has started a partnership with Surbana Jurongto study the feasibility of using electric and hydrogen fuel cells to power a fleet of more than 1000 trucks. The agreement is intended to support Pan-United’s sustainability targets to offer only low-carbon concrete by 2030, carbon-neutral concrete products by 2040 and to become a carbon-neutral ready-mix concrete company by 2050.

Yeo Choon Chong, the Chief Executive Officer of Surbana Jurong's Association of Southeast Asian Nations division, said, "We applaud Pan-United's ambition to decarbonise its heavy vehicle fleet and are excited to contribute to its sustainability initiative by leveraging our expertise in electrification and hydrogen solutions. Partnerships are a key method of accelerating our collective efforts to build for a safe, sustainable and resilient future for all."

China: Hebei province will screen out a total of 1000 existing factories for replacement with less-polluting alternatives under the Chinese government’s 14th Five Year Plan, which covers the period up to the end of 2025. The Xinhua News Agency has reported that factories, including cement plants, will undergo upgrades in order to conform to the plan’s emissions restrictions or close down. The province currently has a total of 233 green factories. Under the 13th Five Year Plan, which concluded in 2020, it reduced its installed cement production capacity by 12Mt/yr.

Norway: Germany-based MAN Energy is supplying a compressor system for a carbon capture and storage (CCS) unit being built at Norcem’s Brevik cement plant. The scope of supply includes an RG 63-7 type electrically-powered compressor train. The steam generators cool the CO₂ mixture between the compressor stages and generate steam that is in turn used for capture. The project will be the first to use the ‘Carbon Capture Heat Recovery’ technology (CCWHR) developed by MAN and Aker Carbon Capture. This new process allows the heat emerging from the compressor system to be recovered and used as steam to meet approximately one third of the total heat demand from the Aker Carbon Capture plant. Consequently, MAN says that the system solution demands less energy compared with conventional carbon-capture technologies.

Alexander Sobolyev, Head of Standardisation & Solutions at MAN Energy Solutions, said: "As part of the Norcem project, the digital-twin-based engineering approach of MAN Energy Solutions has led to concrete optimisations. The dynamic process simulation showed that originally planned system components, including heating, valves and additional pipes for safe plant operation, were not required. The time taken for a cold start of the plant can thus be reduced from around 12 hours to 20 minutes – an important characteristic as quick-start capability is always a central criterion for renewable energies."

Germany: Holcim Germany has published environmental reports for 2020 focused on each of its cement plants. The subsidiary of Switzerland-based Holcim has decided to target its reports on local issues by issuing separate reports for each of its four integrated plants in the country, at Beckum, Höver, Lägerdorf and Dotternhausen respectively. Each report covers national developments for the sector and the company. Local data is then included as well as data on connected cement grinding and concrete plants. The reports can be downloaded from Holcim Germany’s website.

Australia: Boral says that its emissions reduction targets have been approved by the Science Based Targets Initiative (SBTi) as being consistent with the levels required to meet the goals of the Paris Agreement. Boral released its targets in August 2021 when it said it intends to reach net-zero emissions by no later than 2050. It subsequently joined the SBTi’s Business Ambition for 1.5°C and the United Nations Framework Convention on Climate Change Race to Zero campaign.

The Australia-based building materials company plans to reduce its Scope One and Two emissions by 46% by 2030. It also plans to decrease its relevant Scope Three emissions per tonne of cementitious materials by 22%. It intends to do this by: transitioning to 100% renewable electricity by 2025 and increasing alternative fuels usage at its Berrima plant kiln; growing the proportion of revenue from its lower carbon concrete product range and optimising the efficiency of its cement plant; reducing transport emissions in its own and contractor fleet; prioritising lower carbon intensity suppliers; and exploring and testing emerging carbon capture use and storage technologies.

Boral’s Chief Finance and Strategy Officer, Tino La Spina, said “Boral is determined to become a leading innovator in sustainability through decarbonisation of cement and concrete and increasing our contribution to a more circular economy” He added “We continue to support our customers in their transition to net zero, broadening our range of high performing lower carbon concrete products to cater for all building and infrastructure applications, and offering Climate Active−certified net carbon neutral concrete.”

Honduras: Cementos Argos plans to expand the production capacity of its 1Mt/yr Piedras Azules cement plant by 35%. The plan is part of a group of planned projects, including solar power and alternative fuels, with a total investment value of US$23m. The company expects to complete all of the work before 2024. It says that the expanded operations will generate 500 new direct job opportunities.

The company will increase its energy supply from the Comayagua solar power plant to 25% of the plant’s requirements from 20% at present. It will also establish a new 1.2MW solar power plant at Río Blanquito. The cement producer will also strengthen its industrial waste co-processing operations with the aim of achieving 12% refuse-derived fuel (RDF) substitution rate by 2030, the equivalent of 5500t/yr. If reached, this will reduce the company’s carbon footprint in the country by 14%.

Chief executive officer (CEO) Luis Eduardo Tovar said "This investment is a vote of confidence of Argos in Honduras and represents our commitment to the country's economic reactivation and our firm determination to contribute to the consolidation of prosperous and sustainable communities based on competitive and visionary initiatives.” He continued “We will continue our efforts to promote the development of Honduran families through the creation of social value at a national level."

Mexico: Cemex has joined the United Nations (UN) Global Compact’s Chief CFO Taskforce for the Sustainable Development Goals. The taskforce engages global chief finance officers (CFOs) in integrating the UN’s 10 sustainable development goals (SDG) into strategy, financing and investor relations in order to create a broad sustainable finance market. Its aims include providing the global development community with a modern view of how capital markets can contribute to financing the SDGs at scale, developing innovative financial instruments and contributing to a broad market of diversified investment opportunities, supporting companies in securing financial capital to transform their business and production models, connecting companies’ SDG investments with increasingly impact-orientated investors, developing internal tools and resources to embed sustainability in corporate finance, promoting partnerships between chief executive officers and CFOs and helping to translate sustainability strategies into financial language for investors and rating agencies.

Cemex’s CFO Maher Al-Haffar said “Climate change is perhaps the biggest challenge of our times, affecting lives and disrupting economies. Only by aligning our financial and climate action strategies will we be able to overcome this challenge.” He added “At Cemex, we share the beliefs embodied in the CFO principles and are honoured to join the UN Global Compact CFO Taskforce for the SDGs, through which we will actively contribute to the innovation of corporate finance that will enable the building of a more resilient future for all.”