Carbon leakage – winners and losers
Carbon leakage is a hot topic at the moment, with industries and economies both fearful of losing out to countries that are not subject to the same stringent environmental regulations.
Stay up to date with the latest news and updates from the cement industry.
Carbon leakage is a hot topic at the moment, with industries and economies both fearful of losing out to countries that are not subject to the same stringent environmental regulations.
Statistics indicate that if less than 0.5% of the total area of sunny deserts in the world were covered with CSP plants, they would produce as much electricity as is currently being used by the whole world.
Cement and clinker trade is facing a downward trend, and not just because of the economic downturn. Massive investment in capacity expansion has led to oversupply situations in countries around the world, turning importing countries into exporters.
Co-processing in the cement industry is the optimum way of recovering energy and material from waste. It offers a safe and sound solution for society, the environment and the cement industry.
The government is attempting to pass emissions trading legislation to reduce CO2 emissions by up to 20% by 2020. A bill that rules 20% of all power must come from renewable sources by 2020 has already been passed.
The financial crisis has hampered growth in Sub-Saharan Africa, which is dependent on exports of its primary commodities as well as aid inflows and foreign direct investment. Trade balances are shrinking and capital inflows are declining. However, when the global economy is revived, the region’s growth momentum will return.
Recent allegations of falsified concrete testing results have led New York city to set up its own laboratory and audit unit. Some 80 buildings will be retested to ensure their structural integrity.
Construction markets around the world are being hit this year with the steepest decline in activity in at least 20 years, and the formerly booming construction industry of the Middle East has been no exception. The region will witness a 2.6% decline in total construction spending this year, a dramatic change after average growth on the order of 9% over the past several years.
The Philippines is experiencing increasing demand for cement. In order to meet this demand, Holcim plans to restart the second production line of its Misamis Oriental plant.
The Ministry of Industry and Information Technology (MIIT) has proposed strict plans to curb severe overcapacity problems in the Chinese cement industry, preventing any province with over 1000 kg per capita of cement clinker from building new production lines during the 12th Five Year Plan.
Cement and sand imported to Bahrain from Saudi Arabia will henceforth be shipped rather than transported by truck across the King Fahd Causeway, according to reports. This will help to ease traffic congestion and improve delivery times.
Metso has won a €27 million contract to supply equipment for the Norsk Stein Jelsa quarry expansion. Once completed, production capacity at the quarry will have doubled.