Cementos Portland Valderrivas renews Alcalá de Guadaíra cement plant’s EMAS registration
Spain: Cementos Portland Valderrivas has renewed its European Environmental Management System (EMAS) registration for its Alcalá de Guadaíra cement plant. The Spanish Association for Standardisation (AENOR) and government of Andalusia verified the registration. The company says that it confirms its commitment to the environment and transparency.
BDC Capital invests US$3.7m in Giatec
Canada: Investment bank BDC Capital has invested US$3.7m in concrete testing technologies supplier Giatec. BDC Capital hopes that the investment will further the development of CO2-reducing technology and AI-based concrete testing.
Giatec CEO Pouria Ghods said "The BDC Capital investment will propel Giatec's expansion into international markets and accelerate our innovation in CO2-reducing technology, moving the concrete industry towards carbon neutrality. BDC has a long history of supporting emerging Canadian cleantech firms in their growth through exports, research and development. We at Giatec are looking forward to working with BDC in our mission to revolutionise the concrete industry and to create yet another success story for the BDC cleantech practice.”
Starlinger launches 22% recycled cement bag
Austria: Starlinger launched its new 22% recycled plastic cement bags at the K Show trade fair in Düsseldorf, Germany. The bag implements Starlinger’s GripTEC technology, which increases the coefficient of friction on bag surfaces so that stacked bags do not easily slip.
PERI and STRABAG build 3D printed office building
Austria: PERI and STRABAG have used a COBOD 3D printer to successfully build Europe’s first 3D printed office building in Hausleiten, Lower Austria.
PERI board member for innovation and marketing Thomas Imbacher said "The building in Hausleiten is a milestone for STRABAG, for PERI, for all involved. We are convinced that 3D printing of buildings will be part of the future of construction, as this technology offers solutions for challenges that are currently occupying our industry: digitalisation, efficiency, shortage of skilled workers and much more."
Lucky Cement to buy back up to 3.1% of shares
Pakistan: Lucky Cement has informed investors that it plans to buy back shares up to an equivalent of 3.1% of its registered share capital, which it has valued at US$417,000. The company will commence the purchase from 29 September 2022, and continue until its completion or 27 March 2023.
Holcim completes Cantillana acquisition
Belgium: Holcim has completed its acquisition of façade and external insulation systems producer Cantillana. Holcim said that the deal expands its position in building renovation and energy efficiency solutions, aligning with its Strategy 2025 – Accelerating Green Growth plan.
Europe: The European Commission has approved the IPCEI Hy2Use plan for the construction of an international hydrogen electrolysis, transport and storage network. IPCEI Hy2Use consists of multiple projects planned for completion by 2026, with the commissioning of all infrastructure scheduled for 2036. 13 EU member states and Norway will contribute Euro5.2bn in funding, with a view to attracting private investments worth Euro7bn.
Lafarge Algeria launches Chamil reduced-CO2 cement
Algeria: Lafarge Algeria has launched Chamil cement, a 40% reduced-CO2 cement, which contains locally sourced clay and ferrous materials. The producer developed Chamil cement based on technology from the Rouiba Construction Development Laboratory.
Lafarge Algeria aims to achieve export volumes of 3Mt across its product range in 2022.
Cementos Rezola donates to Gipuzkoa Food Bank
Spain: Heidelberg Materials subsidiary Cementos Rezola has made a donation of 1t-worth of food to the Gipuzkoa Food Bank, which delivers food to households across Gipuzkoa Province. Europa Press News has reported that the cement producer despatched the donation from its Añorga cement plant in San Sebastián.
Cementos Rezola thanked the Gipuzkoa Food Bank for its work in support of 'Gipuzkoan families that are going through difficult times in a context marked by the cost of living and the increase in costs of energy.'
HeidelbergCement’s latest sustainability target has been to reduce the ‘cement’ footprint from its own name. From this week it has become Heildelberg Materials. Of the top ten global cement producers in Global Cement Magazine’s roundup in the December 2021 issue only three now have the word ‘cement’ in their names.
In Heildelberg Materials’ own words, the “new brand identity underlines the company's pioneering role on the path to carbon neutrality and digitalisation in the building materials industry.” Chair Dominik von Achten then goes on to explain that the company is proud of its cement business but its range of services goes far beyond cement. This is certainly true but in 2021 the cement business generated 44% of the group’s revenue. 19% came from aggregates, 25% from ready-mixed concrete plus asphalt and the remaining 12% from services and other lines.
Yet, Heidelberg Materials is also a leader in driving innovation in carbon capture, utilisation and storage (CCUS) for the cement sector with a full production line capture unit planned for commissioning in 2024 at the Brevik plant in Norway. When it opens it will be the only full scale CCUS unit at a cement plant anywhere in the world. The group further plans to reduce the CO2 footprint of its cementitious products to below 500kg/t CO2 by 2030 and aims to generate half of its revenue from low-carbon products. These are not small achievements or ambitions.
Meanwhile, Holcim completed the divestment of its Indian business to Adani Group this week for US$6.4bn. For Holcim the move marks a milestone in the reshaping of its business away from developing markets and the diversification on its product lines into light (and more sustainable) building materials. So why would a company like Adani Group move into the cement sector when multinationals are getting out?
Money is the obvious answer and the one group owner Gautam Adani raised at a speech marking his latest mega-acquisition. He said, “Our entry into this business is happening at a time when India is on the cusp of one of the greatest economic surges seen in the modern world.” He expects his new cement arm to become the most profitable cement producer in the country although his competitors may have other ideas. As well as operational efficiency, Adani also plans to inject US$2.5bn into the business as part of plans to increase its production capacity to 140Mt/yr in the next five years, from around 70Mt/yr at present. However, the financial press in India and elsewhere has wondered how much debt Adani Group can cope with and whether it will consolidate its latest acquisitions or simply use them to buy into even more sectors. Time will tell.
Lastly, it should be noted that Adani Group’s new rival UltraTech Cement has targeted a production capacity of 154Mt/yr by 2025. Any growth in the Indian market will clearly be contested. It is also worth noting that the latter company has retained ‘cement’ in its name. For now at least.