News

The International Finance Corp (IFC) has proposed a US$150 million loan to Votorantim Cimentos S.A., one of the largest Brazilian producers of cement and the subsidiaries of Votorantim S.A.

The EU Commission has selected IFESTOS, TITAN Group’s groundbreaking Carbon Capture project in Greece, for grant agreement preparation in the context of the third call for large-scale projects under the EU Innovation Fund. IFESTOS, the largest project of its kind in Europe, will advance TITAN's decarbonization journey, expedite the sector’s green transition, and substantially contribute to promoting carbon capture technology throughout the continent.

The EU Innovation Fund, one of the world’s largest funding programmes for innovative low-carbon technologies, has selected Heidelberg Materials’ pioneering GeZero Carbon Capture and Storage (CCS) project for Grant Agreement Preparation.

As part of its decarbonisation strategy, Heidelberg Materials pioneers a large-scale closed-loop recycling project called CIRCO₂BETON®. As a first in France, the company will install an industrial scale selective separation platform at its Achères quarry near Paris, where demolished concrete will be crushed using novel processes and separated into its components: sand, aggregates, and recycled concrete paste (RCP).

Holcim, EDF, IFPEN ("Institut Français du Pétrole et des Energies Nouvelles") and Axens are joining forces to develop e-kerosene that will contribute to decarbonize France’s aviation industry. Holcim will join “Take Kair” project with its cement plant in Saint-Pierre-La-Cour, where it will capture biogenic CO2; IPFEN and its affiliate Axens will provide the technology for the synthesis; EDF will turn the CO2 into e-kerosene, a synthetic sustainable aviation fuel (e-SAF). As a partner, Air France-KLM will be the main buyer of the e-kerosene produced by this new industrial activity.

Holcim US announced a milestone clean energy investment in northeast Michigan with a new partnership to bring the company’s largest solar project in the Midwest to its cement plant in Alpena. When combined with existing renewable energy efforts, the solar initiative will help the plant self-generate 75 percent of its electric power needs with green energy—an important step toward fulfilling Holcim’s pledge to power all of its US operations with 100 percent renewable energy by 2030.

On 13 June, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with the Chairman of the Board of China Energy Song Hailiang, during which they discussed the current state of the implementation of joint projects and prospects for further development of mutually beneficial cooperation. During the meeting, the progress of the implementation of projects for the construction of photovoltaic stations in the Kashkadarya and Bukhara regions with a total capacity of 1000 MW and a cement plant in Samarkand region with a capacity of 3 million tons was considered in detail.