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.
Adjusted EBITDA was R$4.9 billion, 6% lower than the previous year. EBITDA margin was 19%, five percentage points lower than in 2021. Leverage, measured by the net debt/adjusted EBITDA ratio, was 1.55x, the same as 2021 and the best level in over ten years. Net profit in the year was R$1.1 billion. The company...
CarbonZero Global Conference and Exhibition 2023 will be held at InterContinental Lyon – Hotel Dieu. This exquisite and chic hotel, located at the heart of the Peninsula of Lyon, a UNESCO World Heritage Site since 1999 is the winner of France’s Leading hotel for 2 years in a row and the Best Hotel for Business...
CEMEX announced that it has signed an agreement with green fuels producer ETFuels, to transform CO2 from CEMEX’s Alicante cement plant in Spain into green fuels. This carbon utilization project, groundbreaking in its scope and potential contribution to European energy security, demonstrates significant progress in testing and scaling technologies that are designed to contribute to accelerating...
CEMEX announced that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production. Solar MEAD aims to replace the use of fossil fuels with concentrated solar thermal (“CST”) energy in clinker production, the key component in cement....
Proprietary technology enables low-carbon cement with 50% less CO2 Delivering up to 500,000 tons of ECOPlanet cement per year Sustainable operation to run with 100% biomass and waste heat recovery system Holcim launches Europe’s first calcined clay cement operation in its Saint-Pierre-la-Cour plant in France to deliver ECOPlanet green cement with 50% lower CO2 footprint compared...
CEMEX announced that Volvo Trucks has supplied it with the world’s first fully electric and zero-emission heavy concrete mixer truck at a joint event in Berlin, Germany. The truck is the latest development of an agreement signed between the companies in 2021 to closely collaborate to improve productivity and carbon emissions reductions through the global...
･Compact and highly versatile module configuration significantly shortens time required for transport and installation. ･MHI to expand the lineup of compact CO2 capture systems, and establish an integrated customer support package from planning to after-sales service. Mitsubishi Heavy Industries, Ltd. (MHI) received the “Awards for Excellence” at the 2022 Nikkei Excellent Products and Services Awards...
The UN-backed Scientific Assessment Panel to the Montreal Protocol on Ozone Depleting Substances gave us recently an optimistic scenario about the ozone layer – it is on track to recover within four decades. However, the ambitious goal of the cement industry to become climate-neutral by 2050 has to be achieved through digitization – it is...
The official signing ceremony of the EU Innovation Fund Grant Agreement took place recently as part of the European Commission’s “Financing Innovative Clean Tech” conference The Innovation Fund will provide a total of around 190 million euros in financing to Heidelberg Materials and partner PetroCeltic to realize the project ANRAV in Bulgaria aims to be...