The Global Cement and Concrete Association (GCCA) and World Economic Forum have launched Concrete Action for Climate (CAC), a collaborative platform designed to help drive the industry’s journey to carbon neutral concrete by 2050 as part of the Mission Possible Partnership.
Regulatory scrutiny, investor pressure and societal awareness are likely to accelerate the building materials sector’s decarbonisation drive, according to Fitch Ratings.
Brazil-based cement-manufacturer Votorantim Cimentos, through its Spanish subsidiary Corporacion Noroeste, has signed an agreement for the full acquisition of Cementos Balboa.
Indian cement manufacturers Ambuja Cements and ACC have announced a further investment in safety, technology and sustainability activities as part of parent company Holcim's ‘Plants of Tomorrow’ programme.