Displaying items by tag: target

India: Dalmia Bharat has announced a capacity target of 120Mt/yr by the end of 2031. The Business Standard newspaper has reported that the producer will make total investments of US$2.31bn in its on-going growth drive. The sum includes US$723m invested in the acquisition of Jaypee Group's 9.4Mt/yr cement business in December 2022. Dalmia Bharat's eventual investments in erecting new capacity are estimated at US$1.09bn, US$485m (44%) of it in its North Indian cement business.

CEO Puneet Dalmia said “We are executing the largest capital expenditure in our history.” Regarding the Jaypee Group deal, Dalmia said "The acquisition will give us access to Central India’s and North India’s markets and we would look for more acquisition opportunities in the mid segment. We expect the industry to consolidate further in the coming years. India will invest US$1Tn in infrastructure in the next decade, and that will create a sizeable demand growth for cement.”

India: Star Cement plans to implement a capacity expansion drive in order to raise its total grinding capacity by 70% to 9.7Mt/yr from 5.7Mt/yr. Dow Jones Institutional News has reported that the producer expects to capitalise on projected growth in cement demand in East and Northeast India.

Taiwan: Taiwan Cement Corporation aims to diversify its business away from cement by increasing its sales from energy storage and vehicle charging. It aims to derive over 50% of its revenues from other activities besides cement by 2025. The Taipei Times newspaper has reported that the producer will continue to produce 80Mt/yr of cement. The company said that the reason behind its planned diversification is its responsibility to help reduce global net CO₂ emissions.

Chair Nelson Chang said “Carbon reductions must be fast and efficient, and the use of solar and other green energy resources in producing cement is not enough to offset carbon emissions. That means Taiwan Cement has to press ahead and develop carbon capture techniques that would help mitigate the negative impact of cement production on the environment.”

India: Adani Group plans to grow ACC and Ambuja Cements' capacity to 140Mt/yr by 2028 under a joint expansion strategy. The Hindu newspaper has reported that new strategy includes capital expenditure with a value of US$5.58bn and new acquisitions. Investments will reportedly be split equally between the two subsidiaries. After completion of the current growth plan, the cement producers will 'pause for a while' prior to any subsequent expansion phase.

Adani Group said that it is proceeding with an operational merger of ACC and Ambuja Cements, without merging their distinct brands. The priority of the merger will be to increase efficiency in supply chains and logistics operations.

UK: CRH subsidiary Tarmac has pledged its support to the Route to Net Zero initiative to decarbonise the UK's logistics sector. Under the initiative, companies involved in transportation will implement changes aimed at achieving net zero CO₂ emissions by 2050. Tarmac already transports 9Mt/yr of materials around the UK by rail.

Tarmac's logistics director Graham Waters said “Signing up to Logistics UK’s Route to Net Zero pledge marks a further step for our business, underscoring our commitment to eliminating carbon emissions from our extensive UK-wide logistics networks and accelerating this process through collaboration with our haulier partners and the wider industry."

Finland: Finnsementti is carrying out upgrades to its two integrated cement plants as part of its sustainability targets to 2030. The subsidiary of Ireland-based CRH is installing new main burner equipment at its Lappeenranta plant with completion scheduled for mid-2023. The project is intended to allow the plant to increase its use of alternative fuels. The company’s Parainen plant is replacing its satellite coolers with a grate cooler with completion scheduled for the spring of 2024. This work is expected to decrease the plant’s emissions by 10%. Overall the group is preparing to decrease its CO₂ emissions by 30% by 2030 compared to 2021 levels.

France: The French cement association France Ciment has announced a new CO₂ emissions reduction target of 50% across the cement industry between 2021 and 2030. The new target for 2050 will be 'virtual carbon neutrality.' The Les Echos newspaper has reported that the commitments replace previous reduction targets of 24% by 2030 and 80% by 2050. France Ciment says that its members are planning estimated investments of Euro5bn towards achieving the goals before 2040. These investments will cover areas including the deployment of carbon capture. Existing public and private investments in the industry's on-going projects to reduce CO₂ emissions amount to Euro1.7bn - sufficient to eliminate 27% of emissions compared with the 2021 baseline.

France Ciment’s President Benoit Pillon noted the necessity of cement in construction, and called for 'decarbonisation as a whole: less clinker in cement, less cement in concrete and less concrete in construction.' He urged the implementation of policies to secure 'decarbonised and competitive electricity.'

France: Hoffmann Green Cement Technologies has commissioned its H2 plant, a 1000t/day clinker-free cement plant, adjacent to its existing H1 clinker-free cement plant in Bournezeau, Pays de la Loire. L'Usine Nouvelle News has reported that the new plant took 24 months to build and cost Euro22m. The main part of the plant consists of a 70m tower, where activated clay, ground granulated blast furnace slag (GGBFS) and gypsum are mixed to produce the cement. It is installed with solar panels capable of supplying 50% of its energy consumption. The producer says that its clinker-free cement has over 90% lower CO₂ emissions than cement produced with ordinary Portland cement (OPC). It aims to sell 24,000t of the product throughout 2023.

Canada: The Cement Association of Canada (CAC), with its members and partners in the concrete sector, has released Concrete Zero, an action plan to help the local cement and concrete sector reach net-zero CO₂ emissions by 2050. The five priority areas it is focusing on include: eliminating the use of coal and petroleum coke as fuel sources for clinker production; reducing the volume of clinker used to produce cement; increasing the use of supplementary cementitious materials; working towards building carbon capture, utilisation and storage capacity; and advocating for performance-based codes, standards and specifications, procurement policies and increased material efficiency in construction. Targets include reaching a 100% fuel mix from non-fossil-based sources by 2050. The latest plant follows the goal of achieving a 40% emissions reduction by 2030 as part of its Roadmap to Net-Zero Carbon Concrete by 2050.

Adam Auer, the president and chief executive officer of CAC, said “Our net-zero action plan is ambitious and cannot be achieved by industry action alone. Working with government, industry, and partners in the design, architecture, and construction industry will be essential for success. Canada’s cement and concrete industry are committed to doing our part to help Canada build a better, cleaner future. Working together, we can deliver Concrete Zero.”

Switzerland: Holcim has published its Climate Report 2023, detailing the company’s progress towards meeting its sustainability commitments up to the end of 2022. The cement producer recorded net specific CO₂ emissions per tonne of product of 562kg/t, down by 1.7% year-on-year from 572kg/t in 2021. In line with its 1.5°C climate change-aligned targets, Holcim is committed to 420kg/t specific CO₂ emissions by 2030 and net zero by 2050.

Overall, the group’s Scope 1 CO₂ emissions from cement production fell by 2.5% to 77Mt from 79Mt, while its Scope 2 emissions remained at 5Mt and its Scope 3 emissions fell by 11% to 47Mt from 53Mt. Its cement had an average clinker factor of 73%, down from 73.6% in 2021. Holcim processed 6.8Mt of construction and demolition waste, up by 3% from 6.6Mt. Meanwhile, its thermal substitution rate of alternative fuel (AF) rose to 28% from 26%.

CEO Jan Jenisch and chief sustainability officer Magali Anderson said “With our successful transformation, we reduced our CO₂ per net sales by 21% in 2022, and commit to reducing it by over 10% in 2023. Accelerating the shift to net-zero cities requires deep partnerships across our value chain. In 2022 we engaged with public authorities to evolve building standards, with cities to scale up green demand in their projects, and with architects and engineers to specify sustainable solutions in their designs. We did this as a key partner for our customers, bringing solutions that help them achieve their sustainability goals.”