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Economy & Market

Latin America CemenTrade Summit to explore market prospect

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Construction markets in Latin America present a positive outlook with growth in infrastructural projects and increase in cement demand. CMT’s Latin America CemenTrade conference, to be held in Rio de Janeiro, on the 27 and 28 October 2011, will spotlight on the optimistic cement market outlook in Latin America and touch upon the challenges faced by the industry. Latin America CemenTrade will have investors, raw material suppliers and traders from cement companies explore the cement demand in Peru, residential and commercial projects in Colombia and the upbeat market growth in Brazil, which will host the World Cup in 2014 and Olympic Games in 2016.

Participants will also hear opportunities in markets potential in Peru, Colombia and Mexico. Plus, panelists from Davy, TBS do Brasil and Rodolatina Logistica S.A. will offer insights into the global market outlook, freight rates projection and logistical challenges faced by the cement industry in Latin America. Presenting their perspectives on energy savings solution, cost efficient plant implementation experience, carbon initiatives & trade opportunities in Brazil are PEG SA, IMSACOL – Ingenieria y Mantenimiento S.A.S and WayCarbon Brazil. While Banco BBM SA and Excend Capital Group will look into the economic performance in Latin America, as well as financing options available for investment.

This event is expected to be attended by executives from international/regional cement companies, ready-mix concrete companies, building materials companies, construction analysts, project financiers, shipping companies, technology providers and many more.

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Concrete

Holcim UK drives sustainable construction

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Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

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Concrete

GCCA releases LCR system

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The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

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Concrete

FLSmidth opens eco-friendly plant in Casablanca

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FLSmidth has inaugurated a €21 million mill liner manufacturing plant in Casablanca, covering 11,250m² with a production capacity of 6,500 tonnes annually. The LEED-certified facility significantly reduces carbon emissions by up to 56 per cent and fully recycles water used in the manufacturing process. Up to 250 jobs will be created in the Valparaíso region. Mikko Keto, CEO, highlighted the plant as a symbol of FLSmidth’s commitment to sustainable mining and community engagement in South America. Earlier in 2024, the Denmark-based company announced plans to sell its cement division to sharpen its focus on mining operations.

 

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