Global Cement News

India: Ambuja Cements has completed its acquisition of a 54% stake in Sanghi Industries for an enterprise value of US$622m. It has funded the purchase through internal accruals. Following the acquisition, Ambuja Cement’s parent company, Adani Group, now has a cement capacity of 75Mt/yr, up by 9% from 69Mt/yr. It has also gained 1Bnt of limestone reserves.

Ambuja Cements said that the transaction would allow it to accelerate its coastal strategy in the west of the country with the aim of reaching a regional cement production capacity of 15Mt/yr. It intends to expand the captive port at the Sanghipuram cement plant to accommodate larger vessels to target markets in Gujarat, Maharashtra, Karnataka and Kerala by 2026. Debottlenecking, fuel mix changes and solar and wind projects are also being considering at the site.

US: Terra CO₂ has entered into an exclusive agreement with Eagle Materials, under which the cement producer will set up plants to produce Terra CO₂’s supplementary cementitious materials (SCM) in three cities, including Greater Denver in Colorado. Terra CO2's SCM consists of ground, heated glass spheres made from silicate-containing igneous rocks and sediments, which can be used in cement production to lower CO₂ emissions by 70% compared to ordinary Portland cement (OPC).

Terra CO₂'s chief executive officer Bill Yearsley said “New climate tech needs to be deployed quickly to meet 2030 and 2050 climate goals. Terra is working hard to accelerate the deployment of its commercial plants through strategic partnerships, deploying more capital and shortening timelines. We are thrilled to work with a partner like Eagle Materials to build commercial plants for sustainable construction, and act on this urgency through our shared commitment to action. In the absence of a 'climate tech express lane' from the government, working with industry leaders is key to innovating and expediting low-carbon solutions for the industry."

Kenya: Frontier Energy subsidiary Momnai Energy has begun building two solar power plants at sites belonging to Bamburi Cement. One 14.5MW plant will be situated at the producer’s 1.1Mt/yr Mombasa cement plant, while another 5MW plant will be situated at its Nairobi grinding plant. When commissioned, they will cover 30% of the producer’s energy consumption. Momnai Energy will finance, manage and maintain the solar power plants on the basis of a power purchase agreement (PPA) signed between the parties in 2021.

Bamburi Cement chief executive officer Mohit Kapoor said that the project ‘represents one of Kenya's most substantial commercial solar endeavours undertaken by a cement company, and a first for Holcim in Sub-Saharan Africa.’ He added that it will lead to cost savings, reduced vulnerability to load shedding and ‘substantial’ progress towards achieving net zero CO₂ emissions.

UK: The World Cement Association (WCA) has welcomed the introduction of the revised BS 8500 standard, which allows for a wider range of Portland limestone cement (PLC) and ground granulated blast furnace slag (GGBFS) combinations in concrete. WCA chief executive officer Ian Riley, however, described the revision as ‘not breaking new ground but catching up.’ He called on the UK and other jurisdictions to begin enacting performance-based standards.

Riley said “It is good to see BSI making this change to concrete standards, however, this is still a very modest step forward. Firstly, ground limestone has been used successfully as a cement component in many markets for decades. Secondly, in order to produce concrete with the lowest embodied carbon and the highest circularity, we need to move away from standards that require particular recipes.”

UK: Carbon Re has published a whitepaper entitled ‘Levers of Change’ that examines six key levers to accelerate decarbonisation in the cement industry. The document is intended to help companies in the sector navigate related regulatory and commercial factors. The six levers it examines are: standards; regulations; customer demand; technologies; capital; and financing and commercial advantages.

The whitepaper can be downloaded here: https://carbonre.com/levers-of-change