Luyue Tan, Research Specialist, Carbon, London Stock Exchange Group will have a hugely impactful contribution to both events in Cairo as follows: Cementitious Materials Congress session:The introduction of the European Union’s Carbon Border Adjustment Mechanism (CBAM) is set to present both significant challenges and opportunities for industrial producers outside of Europe. Not only does it...
Climeworks, the global leader in carbon removal via direct air capture technology, has successfully achieved third-party certification of its carbon removal activities under the Puro Standard – a first in the direct air capture industry. In collaboration with CO₂ storage and mineralization partner Carbfix, the Puro Standard methodology for Geologically Stored Carbon was applied to...
In 2023, continuing the trend from last year, the industry focus is on CO2 reduction measures and technologies (alternative fuels, alternative raw materials), a main priority in operation plans of all the cement players.
In 2022, Votorantim Cimentos was recognized by CDP as one of the best evaluated companies in the 2022 Climate Change Program
CO2 per net sales reduction of 21% in 2022 with goal to reduce by over 10% in 2023 Upgraded 2030 climate targets in line with SBTi 1.5°C framework, validated by Science Based Targets initiative CHF 2 billion investment in carbon capture, utilization and storage projects by 2030 to capture more than 5 million tons CO2...
Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing, needs to tools and adhesives all...
Heidelberg Materials successfully placed its first sustainability-linked bond (ISIN XS2577874782) with an issue volume of €750 million and a term until 2032 via HeidelbergCement AG as part of the €10 billion EMTN programme. The company had already announced the issue of a bond linked to sustainability criteria at its Capital Markets Day 2022. Interest in...
Nexus Fulbright Scholar and Marie Curie Fellow Mauricio Giraldo, Alternative Fuels Director at Cementos Argos Colombia, will approach “Road to net zero: Achieving quantity and quality of alternative fuels in developing economies”. The intervention will take place this November at one of the most interesting industry events in the world: CarbonZero: Alternative Fuels and Raw...
Acquisition to expand Holcim’s roofing and insulation business Proven double-digit growth engine in the highly profitable US spray foam insulation market Annual sales of USD 200 million for 2022 Highly regarded brand for sustainable new builds and green retrofitting projects Accelerates Holcim’s growth in Solutions & Products in the US Holcim has entered into an...
The Global Cement and Concrete Association’s (GCCA) recent “CEO Gathering” in Atlanta brought together CEOs of leading cement and concrete companies, as well as policymakers and built environment leaders to progress the implementation of the industry’s Roadmap to Net Zero. The two-day gathering, titled “Concrete Future: Net Zero Delivery – From Commitment to Action,” was...