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Greece’s TITAN Group to accelerate sustainable growth

Greece Patras cement Plant 2

Greece’s TITAN Group announced the launch of a sustainability-linked financing framework aligning the company’s financial strategy with its GHG emission reduction targets validated by the Science Based Targets initiative (SBTi). This Framework marks a pivotal step in accelerating the company’s…

Cemex divests its operations in Guatemala to Holcim

Cemex Guatemala

Cemex sold its operations in Guatemala to the Holcim Group for a total consideration of about US$ 200m. The divested assets mainly consist of one grinding mill, three ready mix plants and five distribution centres. As of December 31, 2023,…

Denmark launched its first CO2 storage reservoir

GreensandCO2

The Greensand carbon capture and storage (CCS) project in Denmark is the world’s first cross-border offshore CO2 storage reservoir. From 2025 about 0.4 Mta CO2 shall be stored in the Nini West reservoir in the North Sea, 1800m below the…

Siam Cement Group suspends operations in Myanmar

SCG MawlamyineCement

Myanmar’s largest cement producer Siam Cement Group (SCG) from Thailand suspends its operations in the country due to several reasons. In recent years, SCG has become the leading cement provider in the country with commissioning the 1.8 Mta greenfield plant…