Cement news world
Here are some recent cement news from around the world:
Global
- Cement demand to grow 4.4% annually: The global cement demand is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2020 to 2025, driven by infrastructure development and urbanization, according to a report by Grand View Research.
- Cement industry faces sustainability challenges: The cement industry is facing significant sustainability challenges, including reducing carbon emissions, conserving water, and minimizing waste, according to a report by the International Energy Agency (IEA).
Regional
- India: Cement demand to grow 7-8%: The cement demand in India is expected to grow at a rate of 7-8% per annum from 2020 to 2025, driven by government infrastructure projects and urbanization, according to a report by ICRA.
- China: Cement production increases: China's cement production increased by 3.4% year-on-year in the first half of 2020, driven by infrastructure development and urbanization, according to the National Bureau of Statistics.
- Europe: Cement demand declines: The cement demand in Europe declined by 2.5% in 2020, driven by the COVID-19 pandemic and economic uncertainty, according to a report by the European Cement Association (CEMBUREAU).
- Africa: Cement demand to grow 5.5%: The cement demand in Africa is expected to grow at a rate of 5.5% per annum from 2020 to 2025, driven by infrastructure development and urbanization, according to a report by the African Development Bank.
Company News
- LafargeHolcim acquires majority stake in Firestone Building Products: LafargeHolcim, a Swiss-based cement company, has acquired a majority stake in Firestone Building Products, a US-based manufacturer of roofing and waterproofing products.
- HeidelbergCement acquires majority stake in Italcementi: HeidelbergCement, a German-based cement company, has acquired a majority stake in Italcementi, an Italian cement company.
- Cemex to acquire majority stake in RMC: Cemex, a Mexican-based cement company, has agreed to acquire a majority stake in RMC, a UK-based construction materials company.
Innovation
- Cement with reduced carbon footprint: A new type of cement that reduces carbon emissions by up to 30% has been developed by a team of researchers at the University of California, Berkeley.
- 3D printing technology for cement: A new 3D printing technology that uses cement as the primary building material has been developed by a team of researchers at the University of Michigan.
These are just a few examples of recent cement news from around the world. If you're interested in staying up-to-date with the latest news and developments in the cement industry, I recommend following reputable sources such as Cement News, Global Cement, and World Cement.