News
13.06.2023 17:59Aalborg Portland and Fidelis New Energy enter into letter of intent for onshore CO2 storage
Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg. This agreement is a milestone accomplishment for the decarbonization of cement production, making Aalborg Portland an industry leader in carbon impact and further demonstrating Denmark's commitment to being a global leader in decarbonizing hard to abate industries.
Region: Denmark
12.06.2023 17:28JSW Cement raises $50 million to fund environmental goals
JSW Cement has secured a $50 million Sustainability Linked Loan (SLL) from BNP Paribas Singapore to bolster its environmental initiatives, the JSW Group company said.
Region: India
09.06.2023 16:25BUA Cement Gets $500m for Two New Production Lines
Nigeria’s second-largest cement producer, BUA Cement, has gotten a $500 million financing package from the International Finance Corporation (IFC) to develop two new production lines in Sokoto State.
Region: Nigeria
SCGC, one of the largest grey cement producers in Egypt and a subsidiary of the Heidelberg Materials, is celebrating its milestones in reducing its CO2 emissions and its environmental impact to be in line with Egypt’s 2030 Vision as well as the United Nations Sustainable Development Goals.
Region: Egypt
As part of efforts to decarbonize the local construction, leading building solutions provider Holcim Philippines, Inc. has launched a better alternative to ordinary Portland cement (OPC) that ensures concrete strength and durability while lowering impact on the climate.
Region: Philippines
JK Cement Ltd said it will acquire a 100 percent stake in Toshali Cements Private Ltd for Rs 157 crore, in order to expand its footprint into the eastern region.
Region: India