Released October 14, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The Global Cement and Concrete Association (GCCA), representing 40 of the world's leading cement and concrete manufacturers, has pledged to accelerate the industry's reduction of carbon dioxide (CO2) emissions by a further 25% by 2030, as part of its plan to reach net-zero emissions by 2050.
The GCCA includes companies from the Americas, Africa, Asia, including India and China, and Europe. In December, the association said it had become the first global heavy industry accelerator in the United Nations' global "Race to Zero" initiative to fully decarbonize by 2050.
The GCCA said its members account for 80% of the global cement industry volume outside of China, but the association also includes several large Chinese manufacturers. China is by far the world's largest producer of cement, followed by India and the U.S.
Industrial Info is tracking nearly 4,700 cement projects across the globe, worth more than $126 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for a list of detailed project reports.
Click on the image at right for a graph showing global cement project activity by world region.
The GCCA said its "roadmap" to decarbonization will prevent almost 5 billion metric tons of carbon emissions by 2030, compared with a business-as-usual scenario.
"The roadmap to get there is built around a seven-point plan that relies on ambitious yet achievable actions to reduce the amount of CO2-intensive clinker in cement, significantly reduce fossil fuel use in manufacturing and accelerate innovation in products, process efficiency and breakthrough technologies, including carbon capture," the association said in its announcement. For related information, see October 13, 2021, article - Report: Carbon Capture Projects Grow Sharply this Year.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
The GCCA includes companies from the Americas, Africa, Asia, including India and China, and Europe. In December, the association said it had become the first global heavy industry accelerator in the United Nations' global "Race to Zero" initiative to fully decarbonize by 2050.
The GCCA said its members account for 80% of the global cement industry volume outside of China, but the association also includes several large Chinese manufacturers. China is by far the world's largest producer of cement, followed by India and the U.S.
Industrial Info is tracking nearly 4,700 cement projects across the globe, worth more than $126 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for a list of detailed project reports.
The GCCA said its "roadmap" to decarbonization will prevent almost 5 billion metric tons of carbon emissions by 2030, compared with a business-as-usual scenario.
"The roadmap to get there is built around a seven-point plan that relies on ambitious yet achievable actions to reduce the amount of CO2-intensive clinker in cement, significantly reduce fossil fuel use in manufacturing and accelerate innovation in products, process efficiency and breakthrough technologies, including carbon capture," the association said in its announcement. For related information, see October 13, 2021, article - Report: Carbon Capture Projects Grow Sharply this Year.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
