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Decarbonizing Asia’s cement industry amid shifting markets dynamics!
Efforts to decarbonize the cement industry in Asia are underway, with a focus on adopting cleaner technologies, alternative materials, and sustainable practices. National policies and industry initiatives play a crucial role in driving these changes. Continuous research and development are essential for achieving significant reductions in carbon emissions from the cement sector.
Holcim Philippines used 1Mt of alternative fuel (AF) in its cement production in 2023. Holcim signs power agreement with Berde Renewables. Holcim Philippines President and CEO, Horia Adrian, said the project is a significant decarbonization milestone, “reducing our carbon footprint by more than 20 percent since 2018, with our focus on blended cements, alternative fuels and raw materials, and operational efficiency.”
31/10/23, www.cemnet.com
JK Lakshmi to be 1st cement co. in India & Asia to commercially produce LC3.
16/11/23, www.rprealtyplus.com
The implementation of carbon capture is essential for the cement industry to attain net-zero emissions. Innovations in carbon capture are crucial for reducing costs and improving the economics of CCS projects by enabling the expansion of infrastructure. Many cement companies are embarking on this journey. Find out from SCG Cement their CCUS technology roadmap.
Cement markets in Asia are experiencing various degrees of growth and stagnation. India’s market is booming prompting expansions and new investment, but will the growth continue? China market remains weak, how soon will it recover? Vietnam’s cement market is projected to recover this year with government increasing infrastructure spendings and its ambitious exports strategy, while Malaysia’s cement market is looking bright with government infrastructure spending. Philippines market turned challenging as pressure from imports continue. Cement producers in Indonesia are optimistic due to government's infrastructure budget, positive economic growth rate and expected lower interest rates. Find out where are the cement hotspots & how sustainable are these markets?
UltraTech Cement commits ₹13,000 crore investment in capacity expansion.
28/10/23, www.thehindubusinessline.com
Heidelberg, via its subsidiary Indocement, acquired an integrated cement plant in Central Java from PT Semen Grobogan. Heidelberg Materials Dr Dominik von Achten said the acquisition underlined Indonesia as a core market in the Asia-Pacific.
18/10/23, www.quarrymagazine.com
Taiheiyo Cement Philippines to more than double capacity of San Fernando cement plant
17/8/23, www.globalcement.com
Join CMT’s 23rd Asia Cementrade Summit in Manila on 23-24 April 2024 to gain latest market insights, technology trends and decarbonization strategy towards net-zero emissions! Register with your team at www.cmtevents.com to enjoy group discount. Contact grace@cmtsp.com.sg for more information.
Industry News:
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A great event to give a comprehensive picture on the cement industry, highlighting trends on sustainability and giving the opportunity to network – INSEE - Siam City Cement (Vietnam) Ltd
The right platform to mingle and network with people from the same industry – Wacker Chemicals
It’s great pleasure to meet again after 3 years due to covid – PT. MEtaforsa Mulia Internasional (MEMI Group)
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Good environment, good venue, good participation and excellent presentation by all speakers – Humboldt Wedag
The conference was very informative and having regular breaks help with the socializing and meeting potential business partners – Fortem Cement Corporation
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