News
14.06.2023 16:55JK Lakshmi Cement to steer Rs 8,000 cr capex for expansion
JK Lakshmi Cement is planning to invest about Rs 8,000 crore over a six-year timeline, in order to scale up capacity to 30 million tpa from the projected 18 million tpa by end of FY24. The company’s overall aim is to ramp up to 30 million tpa by 2030.
Region: India
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