India: UltraTech Cement has concluded an agreement to buy a 26% stake in renewable power provider VEH Radiant Energy. UltraTech Cement says that VEH Radiant Energy will help it to increase its reliance on renewable power in its operations.

US: CRH subsidiary Oldcastle APG has acquired France-based Saint-Gobain's fence, railing and decking business in the US. The business consists of two production locations, in Buffalo, New York, and Orem, Utah. Together, the sites employ 210 people. The business generated US$65.6m in sales in 2022.

Saint-Gobain said that the divestment serves to advance its profile optimisation strategy under its Grow & Impact plan.

US: Prometheus Materials' microalgae-based biocement has demonstrated 12 times greater sound absorption than ordinary Portland cement (OPC). Prometheus Materials produces its biocement at ambient temperature, with no process CO2 emissions.

Japan: A Taiheiyo Cement plant will be one of two facilities to host carbon capture systems under the Tohoku West Coast carbon capture and storage (CCS) project. The Japan Organisation for Metals and Energy Security selected the project to advance to the feasibility study stage on 2 August 2023. The partners will now investigate technical issues in the entire CCS value chain, as well as commercial and social issues around transporting captured CO2 by ship to temporary storage sites. Identification of permanent underwater storage sites is scheduled for 2024, with the design stage of capture, transport and storage systems scheduled to conclude in 2026. The Tohoku West Coast carbon capture and storage project will commence in 2030.

Taiheiyo Cement is committed to a 20% reduction of its CO2 emissions between 2000 and 2030, while the Japanese government is committed to a 46% reduction between 2013 and 2030.

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