Netherlands: Paebbl has successfully mineralised its first tonne of CO2 into raw materials for alternative building materials at its pilot facility in Rotterdam. The tonne of CO2 corresponds to 3t of material produced. In a post to LinkedIn, the company said that it is now seeking ‘more brilliant, planet-aligned, resilient people’ to join its team of 30 people.
Paebbl said “We're moving fast, but our journey is barely a humbling 0.0000001% complete.”
China: KHD’s management team met in Nanjing in May 2024 to strategise on advancing decarbonisation in the cement industry. The meeting focused on industry needs and sustainable practices.
CEO Jianlong Shen said "We were pleased to welcome members of KHD leadership from around the world to Nanjing. Everyone who attended had the opportunity to take part in the discussion and share their ideas and suggestions for our next steps. We look forward to sharing more about our direction in due course as we continue on our collective journey to cement beyond carbon."
Canada: Votorantim Cimentos subsidiary St Marys Cement has entered redemption of all its outstanding 2027 senior notes, at a value of US$229m. The company notified the holders of the notes accordingly.
Germany: Flender celebrated its 125th anniversary on 10 June 2024. The company reflected on the role of its forward-looking approach in making it market leader in industrial drive technology and a pioneer in industrial transformation and sustainable business practices.
CEO Andreas Evertz said "We have always been and will always be a large Flender family. Whether employees, customers, suppliers, partners or owners – today we all feel like Flenderans. I am incredibly proud to be part of this team and to advance the energy transition with you. Because without drive technology and Flender, nothing moves in this world."
