Colombia: The Science-Based Targets Initiative (SBTi) has validated Grupo Argos Subsidiary Cementos Argos’ CO2 emissions reduction goals. Cementos Argos aims to reduce its Scope 1 and Scope 2 CO2 emissions in line with a well-below 2°C climate change scenario by 2030. Its strategy includes increasing co-processing of alternative fuel (AF), reducing its cement’s clinker factor, optimising its heat and electricity consumption, investing in cleaner technologies, increasing the share of renewable power it uses and diversifying its product range to include more low-carbon products.

Mexico: Cemex has extended its US$93.1m receivable securitisation programme with US-based Finacity. Contify Banking News has reported that Finacity will administrate the programme on Cemex’s behalf until mid-2025.

Belarus: The Belarusian government has granted reimbursement of cement producers’ interest payments on loans from state-owned Belarusbank and Belarus Development Bank. PrimePress News has reported that banks will fund the payments from the 2023 national budget.

Belarusian Cement Plant will receive US$47.1m-worth of reimbursement for interest payments on three loans from Belarusbank worth US$42.8m, granted between 2009 and 2011. Krichevtsementnoshifer will receive reimbursement of US$137m on two loans from Belarusbank worth US$116m, granted in 2012. Krasnoselskstroymaterialy will receive reimbursement of US$1.1m on a loan worth US$211,000 from Belarus Development Bank. Additionally, it will receive reimbursement of US$72.1m for five loans worth US$34.9m from Belarusbank in 2009 – 2012.

Philippines: Republic Cement has won seven awards at the Presidential Mineral Industry Awards 2023. The producer’s Bulacan cement plant won the Platinum Achievement Award, while its Batangas, Iligan and Teresa plants all claimed Quarry Operations (Non-Metallic) Awards. The Bulacan plant also won the Best Forest Mining Award in the Non-Metallic category, in which the Iligan plant was second runner-up. Lastly, Bulacan cement plant won the Safest Mine (Non-Metallic) Award.

Republic Cement’s CEO Roman Menz said "Throughout our 67 years of service towards building the nation, Republic Cement has always been deeply and wholly committed to responsible mining. It is through responsible mining and our daily commitment to safety and sustainability that we are able to support robust communities and a thriving environment, towards a greener and stronger republic."

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