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Alliance for Low-Carbon Cement & Concrete launches with call for low-CO2 cement and concrete
Written by Global Concrete staff
30 May 2023
Europe: 12 decarbonisation-focused companies from across the European cement and concrete sector have launched the Alliance for Low-Carbon Cement & Concrete (ALCC). The alliance has called on policymakers to change building standards to help low-carbon alternatives to enter the cement and concrete markets. It further said that green procurement and targeted financing instruments would help to reduce sectoral CO2 emissions. It said that a progressive decline in clinker factor to 60%, 50% or 40% by 2050 will reduce CO2 emissions by over 50%. The ALCC says that it is ready to lead the sector towards a swift, low-cost and viable decarbonisation pathway. Participants in the alliance include France-based Hoffmann Green Cement Technologies, Ireland-based Ecocem and US-based Fortera.
Fortera's Europe director Thierry Legrand said "Climate action is a global priority, and collaboration is essential to advancing emissions-reducing technologies and policies. This alliance represents collective action by scientists, engineers, entrepreneurs and environmental advocates to reduce CO2 emissions from cement production."
Nuvoco Vistas commissions Vizag ready-mix concrete plant
Written by Global Concrete staff
30 May 2023
India: Nuvoco Vistas has commissioned its new Vizag ready-mixed concrete batching plant in Andhra Pradesh. The facility will produce the company's Concreto and Artiste general purpose and decorative ready-mix concretes, as well as its InstaMix bagged ready-mix concrete. The cement company says that the new concrete plant is 'strategically located' to contribute to the transformation of the region into a hub for smart cities and industry. Projects Today news has reported that the Vizag batching plant is the second opened by the company, after another in Coimbatore, Tamil Nadu.
ACC and Ambuja Cements launch Cement and Concrete Research and Development Facility
Written by Global Cement staff
25 May 2023
India: Adani Cement subsidiaries ACC and Ambuja Cements have launched the Cement and Concrete Research and Development Facility at Kalamboli in Maharashtra. Dion News Service has reported that the focus of the centre will lie in product development, productivity enhancement and increasing the efficiency of cement and concrete production.
Adani Cement CEO Ajay Kapur said "Our new research and development facility is our reinforcement towards our collective commitment to pushing boundaries, driving innovation, and addressing industry challenges."
Breedon Group completes three acquisitions and lists on the London Stock Exchange
Written by Global Concrete staff
19 May 2023
UK: Breedon Group has acquired concrete block producer Broome Bros., construction firm Minster Surfacing and concrete block and aggregates producer Robinson Quarry Masters. Breedon Group said that the businesses will strengthen its presence around Doncaster in South Yorkshire, in Antrim, Northern Ireland, and 'from the Midlands to London.'
CEO Rob Wood said “Many of our transactions come to us through our local knowledge and personal engagement with the owners. As a result, our active mergers and acquisitions pipeline has continued to yield high quality, earnings-enhancing opportunities that will enable us to progress our sustainable growth strategy." He added "Each of these independent family-run businesses is aligned with our vertically-integrated operating model, providing further opportunity to pull through upstream building materials while extending our downstream footprint to deliver profitable growth.”
Business Live News has reported that the group has also completed its transition to the London Stock Exchange from the AIM exchange. Breedon Group said that this will enhance its corporate profile by helping to attract greater international investment.
Cemex to acquire Atlantic Minerals Limited
Written by Global Concrete staff
12 May 2023
Canada: Mexico-based Cemex has concluded a deal to acquire aggregates producer Atlantic Minerals Limited. Atlantic Minerals Limited operates an aggregate quarry and port facilities in Newfoundland. Cemex described the business as 'well-positioned' to supply aggregates to its customers in Florida, where it expects 'sustained' growth in demand, as well as elsewhere in the Eastern US. After the acquisition is complete, Atlantic Minerals Limited will continue to operate as Cemex Materials Newfoundland.
Cemex USA president Jaime Muguiro said “This acquisition significantly strengthens our existing network and enables us to serve new markets. I look forward to building on the success of this business as we meet increased demand from the private and public sectors, including critical investments in federal and state infrastructure.”