News
05.09.2023 13:40Hoffmann Green signs its first licensing agreement in Saudi Arabia with the Shurfah Group
Hoffmann Green Cement Technologies (France), announces the signature with the Shurfah Group of a 22-year exclusive licensing agreement in order to build several Hoffmann Green units in Saudi Arabia to support the decarbonation of the construction sector in this territory.
Region: Saudi Arabia
15.08.2023 09:49Cemex updates its Sustainability-Linked Financing Framework in line with ambitious 2030 decarbonization targets
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
24.07.2023 16:44Brazil’s cement market expands in June
After an unstable first half for the Brazilian economy marked by high interest rates, high debt and family defaults, cement sales accumulated a 1.8% drop compared to the same period of 2022 with the sale of 30.3 million tons in the first six months of the year.
Region: Brazil
20.07.2023 11:57Dangote Championing Use Of Tyre, Shells As Alternate Fuel
In its attempt to secure environmental sustainability, the Dangote cement industry, Obajana in Kogi State, has embarked on the use of tyre, palm nut shells and sawdust as alternative fossil fuel to avoid greenhouse build-up in the atmosphere that strengthens weather changes.
Region: Africa
19.07.2023 12:46Votorantim Cimentos to receive a loan for its Salto Plant
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
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
Holcim announces the successful completion of the largest 3D-printed affordable housing to date through 14Trees, its joint venture with British International Investment, the UK’s Development Finance Institution (DFI) and impact investor.