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Buzzi to gain full control of Cimento Nacional

Brazil: Italy-based Buzzi will acquire complete ownership of cement producer Cimento Nacional in a deal valued between €290m and €310m. The transaction involves the exercise of a put option on a 50% stake by Grupo Ricardo Brennand, making Buzzi the sole owner, according to local sources. Cimento Nacional operates five cement plants and two grinding […]

Harnessing waste heat to decarbonise cement and steel – Power Engineering International

The cement and steel industries are notoriously hard to decarbonise, yet their production plants are generating the solution: waste heat. Tobias Panse of Siemens Energy explains.Few industrial processes generate as much CO2 as cement production.It takes limestone and crushes, burns and grounds it using a huge amount of energy until it becomes the powder that […]

Star Cement contemplates expansion into southern India – Cement industry news from Global Cement – Global Cement

India: Star Cement is reportedly considering acquiring new cement assets in the southern India market. The Hindu newspaper has reported that the producer expects cement production capacity there to have a lower valuation than in its native north east India, due to its larger scale.CEO Vinit Kumar Tiwari said “We have to find a target […]

Holcim breaks ground on Go4Zero at Obourg

Belgium: Holcim kicked-off its Go4Zero project at its Obourg plant on 16 May 2024 in an event attended by the Belgian Prime Minister Alexander De Croo and the European Commissioner for Climate Action Wopke Hoekstra. The €500m Go4Zero project, supported with €230m of funding from the European Union, will enable the integrated plant to reduce […]

Cemex launches 1000th reduced-CO2 truck – Cement industry news from Global Cement – Global Cement

Mexico: Cemex has reached 1000 reduced-CO2 trucks in operation across its global cement business. This includes trucks fuelled by renewable diesel and natural gas. These efforts have reduced its global transport CO2 emissions by 5% since 2020, in line with the group’s commitment to a 30% reduction by 2030.Chief executive officer Fernando González said “Our […]