･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...
UltraTech has been recognized as a leader in ‘climate change’ by Carbon Disclosure Project (CDP), a global non-profit environmental organization, for its 2022 CDP disclosure. They received an ‘A-’ score for implementing best practices and for taking concerted action on climate issues, securing a place in the Leadership category. UltraTech’s score of ‘A-‘ in FY22...
Reaching net zero by 2050 requires finding innovative ways to reduce emissions and decarbonize some of the most polluting sectors and industries. Clean hydrogen can be crucial in minimizing climate change impacts, helping decarbonize hard-to-abate sectors that rely on fossil fuels—such as heavy industry, shipping, and air transport—while contributing to food security, economic growth, and...
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...
The world remained firmly in warming’s grip last year, with extreme summer temperatures in Europe, China and elsewhere contributing to 2022 being the fifth-hottest year on record, European climate researchers recently said. The eight warmest years on record have now occurred since 2014, the scientists, from the European Union’s Copernicus Climate Change Service, reported, and...
Holcim has acquired Nicem srl (Nicem), a leader in grounded calcium carbonate in Northern Italy based near Bergamo, Italy. Calcium carbonate is a highly versatile, low-carbon raw material that is useful for a broad range of applications. Nicem’s broad customer base spans industries from construction to plastic, rubber and paints. With this acquisition, Nicem’s low-emission...
Votorantim Cimentos, a building materials and sustainable solutions company, has revised its decarbonization targets to 475 kg of CO2 per tonne of cement by 2030. Votorantim Cimentos’ new global target is 8.7% lower than the target of 520 kg of CO2 per tonne of cement, previously announced as part of its 2030 Sustainability Commitments. The new scope...
CEMEX commits to reach net-zero CO2 emissions1 across the value chain by 2050 from a 2020 base year. CEMEX is among the first companies in the cement industry to validate its full net-zero CO2 roadmap with the SBTi. Validation includes alignment of CEMEX’s 2030 targets with the SBTi’s 1.5ºC scenario, the most ambitious available to the industry. ...