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Cembureau reacts to failure of European Parliament’s carbon credit bills

10 June 2022

Europe: The European cement association Cembureau has expressed its disappointment in the outcome of European Parliament votes on the EU Emissions Trading Scheme (ETS) and Carbon Border Adjustment Mechanism (CBAM). The parliament voted against an amended proposal to introduce a carbon border tax and to phase out ETS allowances from 2028 to 2034, against a previous proposal of 2025 – 2030. Groups including The Greens – European Free Alliance voted against the proposed legislation as they believed it did not go far enough.

Cembureau chief executive officer Koen Coppenholle said “The EU cement industry needs a strong CBAM to support our decarbonisation efforts and fight carbon leakage. Both draft European Parliament texts on ETS and CBAM contain significant improvements on some key issues – such as CBAM’s watertightness or industrial innovation – which are essential to support our transition to carbon neutrality.” Coppenholle continued “We encourage MEPs to resume negotiations as soon as possible and reach a reasonable compromise on the remaining divisive issues, thereby providing a predictable regulatory framework for the industry.”

Published in Global Cement News
Tagged under
  • European Union
  • Cembureau
  • lobbying
  • parliament
  • European Parliament
  • Sustainability
  • CO2
  • Carbon trading
  • Emissions Trading Scheme
  • carbon border adjustment mechanism
  • net zero
  • GCW561

Indonesia to demand compensation for any extension of Philippines cement tariff

10 June 2022

Indonesia: The Indonesia government says that it will ask for compensation if the Philippines Tariff Commission extends tariffs on cement. The Manila Bulletin newspaper has reported that the government suggested that the fellow Association of Southeast Asian Nations (ASEAN) member state should take more targeted measures against any country responsible for cement dumping, in line with the bloc’s rules.

In 2019 – 2021, Indonesia exported 532,000t of cement to the Philippines, constituting 2.7% of the country’s cement imports. Vietnam, meanwhile, exported 15.8Mt (80%).

Published in Global Cement News
Tagged under
  • Indonesia
  • Philippines
  • Government
  • Association of Southeast Asian Nations
  • Asean Free Trade Area
  • Duty
  • Philippines Tariff Commission
  • Law
  • Import
  • Export
  • Vietnam
  • dumping
  • trade
  • GCW561

Prometheus Materials develops cement-free blocks using algae

10 June 2022

US: Prometheus Materials has successfully developed cement-free blocks from a material produced by biomineralising cyanobacteria. Dezeen News has reported that the American Society for Testing and Materials (ASTM) has approved the materials for construction applications.

Director Wil V Srubar III said "Coral reefs, shells and even the limestone we use to produce cement today show us that nature has already figured out how to bind minerals together in a strong, clever and efficient way. By working with nature to use existing microalgae to bind minerals and other materials together to create new types of sustainable biocomposite building materials, we can eliminate most, if not all, of the carbon emissions associated with traditional concrete-based building materials."

Published in Global Cement News
Tagged under
  • US
  • Prometheus Materials
  • Sustainability
  • CO2
  • Alternative raw materials
  • concrete block
  • GCW561

UltraTech Cement engages Coolbrook for cement kiln electrification

09 June 2022

India: UltraTech Cement has entered into a collaboration with Finland-based Coolbrook to implement the latter’s roto dynamic heater (RDH) electric kiln technology in Indian cement plants. RDH technology uses renewable power to heat kilns to up to 1700°C.

UltraTech Cement managing director Kailash Jhanwar said “UltraTech is a forerunner in utilising renewable energy in its manufacturing operations. We are constantly looking at opportunities to improve process efficiency and reduce greenhouse gas emissions from our operations.” Jhanwar concluded “We believe that our collaboration with Coolbrook will help to further accelerate the decarbonisation of our operations.”

Coolbrook executive chair Ilpo Kuokkanen said “India is one of the most important potential markets for Coolbrook, as we want to make a global impact on CO2 emission reductions. Cooperation with India’s largest cement producer UltraTech is a significant step in our strategy to decarbonise heavy industry processes globally. UltraTech is also an excellent addition to our comprehensive and responsive partnership ecosystem spanning across leading industrial actors, academic institutions, and the public sector.”

Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Coolbrook
  • Contract
  • Partnership
  • roto dynamic heater
  • electric kiln
  • Research
  • Sustainability
  • CO2
  • GCW561

Ramco Cements to invest US$154 – 167m in capital expenditure over two years

09 June 2022

India: Ramco Cements plans to make capital expenditure (CAPEX) investments of US$154 – 167m in the 2023 and 2024 financial years. At the beginning of the 2023 financial year on 1 April 2022, Ramco Cements’ net debt was US$489m. It plans to pay back US$64.3m during the current financial year, with the ultimate aim of becoming net debt-free before the 2026 financial year.

Published in Global Cement News
Tagged under
  • India
  • Ramco Cement
  • capital expenditure
  • Investment
  • Strategy
  • growth
  • Debts
  • GCW561
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