News

Republic Cement & Building Materials Inc., a member of the Aboitiz Group, has partnered with household and personal care products manufacturer ACS Manufacturing Corporation in a bid to reduce plastic pollution
Region: Philippines
Saudi Arabia's City Cement Company said its subsidiary, Green Solutions for Environmental Services, has set up a new joint venture to produce alternative fuel from waste and market it locally and globally.
Region: Saudi Arabia
Cementos Argos announced it has entered into a definitive agreement with Summit Materials, Inc. under which the U.S. operations of Cementos Argos, Argos North America Corp, will combine with Summit in a cash and stock transaction valued at $3.2 billion.
Region: USA
Cemex has updated its Sustainability-Linked Financing Framework to align with its more ambitious 2030 decarbonization targets, announced on November 2022 and validated by the Science-Based Targets initiative (SBTi) for alignment under their 1.5°C scenario, the most ambitious pathway defined for the cement industry.
Region: Mexico
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.
Region: Brazil
Nuvoco Vistas Corp. Ltd., a cement group in India, has successfully completed its Alternative Fuel Resource (AFR) project at Risda Cement Plant (RCP) in Chhattisgarh and Nimbol Cement Plant (NCP) in Rajasthan. By incorporating alternative fuels, the company aims to minimise environmental impact and decrease the usage of traditional fossil fuels.
Region: India
Bulgaria’s Devnya Cement is on track to become the first cement producer in Eastern Europe with a zero carbon footprint, thanks to an innovative carbon capture and storage project it is about to implement. The project, valued at EUR 750 million, has already received EUR 190 million in financing from the EU Innovation Fund, according to local media.
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