Siam Cement Group (SCG) reported first-quarter sales of US$3.36bn in 2024, down by 3% year-on-year. The group partly attributed this to a decline in its cement volumes. Nonetheless, group earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 4% to US$341m. Special items in the group’s first-quarter 2023 results precipitated an 85% year-on-year decline
Votorantim Cimentos has made progress in reducing its carbon footprint, reporting embodied CO₂ emissions of 556kg/t of cement produced in 2023, a 4% year-on-year decrease. The company aims to reach a target of 475kg of CO₂/t by 2030, aligning with the Science Based Target initiative standards. The company’s decarbonisation strategy involves four stages: co-processing, which
Holcim has announced its participation in the Science Based Targets Network’s Science Based Targets for Nature pilot. Under the initaitive, Holcim will submit targets for the conservation of land and freshwater ecosystems for validation later in 2023. Holcim’s chief sustainability and innovation officer Magali Anderson said “Setting science-based targets for nature is key to making