Is the cement industry entering a new golden age that could transform the sector while decarbonizing it? As the most emissive component of cement, lowering the cost and carbon of high-emitting clinker remains a key priority for achieving net-zero targets. Our latest analysis shows that growth in the adoption of supplementary cementitious materials (SCMs) and fillers in cement mixes could dramatically lower emissions profiles by 70 to 80% and increase global SCM revenues to $40 billion to $60 billion by 2035 from $15 billion to $30 billion today. Learn more about shifting cementitious markets and what it means as industry strives to meet growing global demand for building materials. #buildingmaterials #cement #sustainability #decarbonization #constuction
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Given that #cement is responsible for almost 8% of global emissions, this fascinating and timely analysis from McKinsey & Company is a must read : https://lnkd.in/ejrW8bst 💡 It highlights the transformative opportunity that adopting Supplementary Cementitious Materials (SCMs) offer, to the industry and beyond. According to the authors, “SCMs and fillers can replace clinker (the most emissive component of cement) in cement mixes, lowering cement’s emissions profile by 70 to 80 percent in some cases.” The paper calls #SCMs and fillers “the best solution for the industry in the next five to ten years.” Leveraging the full potential of SCMs can redefine the industry's pathway to #NetZero, and this is exactly what our scalable low-carbon cement technology, ACT, is designed to enable. This report is a timely reminder to: ➡️ Policymakers - that they need to widen their scope beyond CCUS. ➡️ The cement and concrete industries - that we need to use all available solutions if we are to accelerate affordable decarbonisation of the industry. ➡️ Government - that there are cost-effective solutions available and using public procurement to specify low-carbon cement solutions can accelerate adoption. As the SCM market continues to expand, we’re already at the forefront, demonstrating how SCMs can provide a cost-effective solution that decarbonises #concrete production, using existing facilities. The time to act is now. Together we can make this pivotal shift to #SustainableConstruction.
Is the cement industry entering a new golden age that could transform the sector while decarbonizing it? As the most emissive component of cement, lowering the cost and carbon of high-emitting clinker remains a key priority for achieving net-zero targets. Our latest analysis shows that growth in the adoption of supplementary cementitious materials (SCMs) and fillers in cement mixes could dramatically lower emissions profiles by 70 to 80% and increase global SCM revenues to $40 billion to $60 billion by 2035 from $15 billion to $30 billion today. Learn more about shifting cementitious markets and what it means as industry strives to meet growing global demand for building materials. #buildingmaterials #cement #sustainability #decarbonization #constuction
The future cement industry: A cementitious ‘golden age’?
mckinsey.dsmn8.com
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The #cement industry is responsible for 4% of the EU's emissions and even more globally. More than 90% of its emissions are due to clinker production. Carbon capture can play a significant role, but relying predominantly on it would make cement's transition to net-zero close to unaffordable. That's why this week's analysis by McKinsey & Company is very welcome: 📉 It shows #clinker substitutes (so-called supplementary cementitious materials and fillers) by themselves can reduce cement emissions by 70-80%. Several are profitably available today and many more become available with innovation. 💰 Using these SCMs and fillers at scale can help dramatically reduce the cost of cement's transition to net zero and pump new life into existing business models. 🔥 EU policy is necessary to help the cement industry a hand. Providing a fraction of the EU funding to SCM solutions that is going to CCUS is a first step. Performance-based (technology-neutral) standards and leverage the power of Green Public Procurement (GPP) are crucial too, as 40-45% of cement in Europe is bought through public procurement. #EU2040 #CleanIndustrialDeal #EUETS #GPP #PublicProcurement
Is the cement industry entering a new golden age that could transform the sector while decarbonizing it? As the most emissive component of cement, lowering the cost and carbon of high-emitting clinker remains a key priority for achieving net-zero targets. Our latest analysis shows that growth in the adoption of supplementary cementitious materials (SCMs) and fillers in cement mixes could dramatically lower emissions profiles by 70 to 80% and increase global SCM revenues to $40 billion to $60 billion by 2035 from $15 billion to $30 billion today. Learn more about shifting cementitious markets and what it means as industry strives to meet growing global demand for building materials. #buildingmaterials #cement #sustainability #decarbonization #constuction
The future cement industry: A cementitious ‘golden age’?
mckinsey.dsmn8.com
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Is the cement industry entering a new golden age that could transform the sector while decarbonizing it? As the most emissive component of cement, lowering the cost and carbon of high-emitting clinker remains a key priority for achieving net-zero targets. Our latest analysis shows that growth in the adoption of supplementary cementitious materials (SCMs) and fillers in cement mixes could dramatically lower emissions profiles by 70 to 80% and increase global SCM revenues to $40 billion to $60 billion by 2035 from $15 billion to $30 billion today. Learn more about shifting cementitious markets and what it means as industry strives to meet growing global demand for building materials. #buildingmaterials #cement #sustainability #decarbonization #constuction
The future cement industry: A cementitious ‘golden age’?
mckinsey.dsmn8.com
To view or add a comment, sign in
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Is the cement industry entering a new golden age that could transform the sector while decarbonizing it? As the most emissive component of cement, lowering the cost and carbon of high-emitting clinker remains a key priority for achieving net-zero targets. Our latest analysis shows that growth in the adoption of supplementary cementitious materials (SCMs) and fillers in cement mixes could dramatically lower emissions profiles by 70 to 80% and increase global SCM revenues to $40 billion to $60 billion by 2035 from $15 billion to $30 billion today. Learn more about shifting cementitious markets and what it means as industry strives to meet growing global demand for building materials. #buildingmaterials #cement #sustainability #decarbonization #constuction
The future cement industry: A cementitious ‘golden age’?
mckinsey.dsmn8.com
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💭 How can we make the cementitious 'golden age' a reality? A new study by McKinsey & Company on the future of the cement industry shows how: ➡️ Shifting from #cement to cementitious materials is key to driving decarbonisation - efficiently and cost effectively! ➡️ The potential of clinker substitution surpasses traditional industry prognoses! And in the EU, supply and demand are ready to accelerate. 👀 Our roadmap for EU decisionmakers to usher in a new era for the cement industry: https://lnkd.in/euVZ_6ys
Is the cement industry entering a new golden age that could transform the sector while decarbonizing it? As the most emissive component of cement, lowering the cost and carbon of high-emitting clinker remains a key priority for achieving net-zero targets. Our latest analysis shows that growth in the adoption of supplementary cementitious materials (SCMs) and fillers in cement mixes could dramatically lower emissions profiles by 70 to 80% and increase global SCM revenues to $40 billion to $60 billion by 2035 from $15 billion to $30 billion today. Learn more about shifting cementitious markets and what it means as industry strives to meet growing global demand for building materials. #buildingmaterials #cement #sustainability #decarbonization #constuction
The future cement industry: A cementitious ‘golden age’?
mckinsey.dsmn8.com
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The new stone age. As the most emissive component of cement, lowering the cost and carbon of high-emitting clinker remains a key priority for achieving net-zero targets. Our latest analysis shows that growth in the adoption of supplementary cementitious materials (SCMs) and fillers in cement mixes could dramatically lower emissions profiles by 70 to 80% and increase global SCM revenues to $40 billion to $60 billion by 2035 from $15 billion to $30 billion today. Learn more about shifting cementitious markets and what it means as industry strives to meet growing global demand for building materials. #buildingmaterials #cement #sustainability #decarbonization #constuction
The future cement industry: A cementitious ‘golden age’?
mckinsey.dsmn8.com
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Boosting Green Cement Production with Advanced Refractories - As the global cement industry intensifies its efforts towards sustainability, the demand for green cement has surged. Green cement, an environmentally friendly alternative to regular cement, is critical to lowering building materials' carbon footprint. With the industry's emphasis on decarbonization, advances in production processes, such as using sustainable fuels (AFs), are pushing innovations that lower cement manufacturing's environmental effect. The refractory industry is a significant player in this shift, having developed sophisticated materials to answer the particular problems faced by these greener technologies. The Growing Importance of Green Cement Green cement is created using materials and processes that reduce the carbon emissions typically associated with traditional Portland cement. Producing conventional cement contributes significantly to world CO2 emissions, accounting for around 8% of total emissions. In contrast, green cement incorporates alternative raw materials, such as industrial waste or recycled products, and more energy-efficient production processes, significantly lowering its environmental footprint. Click the link below to read the full story... https://lnkd.in/d9cBQZVY
Boosting Green Cement Production with Advanced Refractories
greencementnews.com
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World Cement has featured an article by me in thier July issue. A nice overview of our Green Cement products.
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#Processautomation and #Digitalisation Support the global cement industry on the way #Decarbonisation. At the 9th International VDZ cement congress excellent discussion of experience and outlook of net zero cement take place.
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Decarbonizing the cement industry is a critical and complex challenge, requiring systems-level change that reimagines both the fossil-fuel-dependent, high-energy requirements and the inherent chemical processes of industrial cement production. Low-emissions concrete is vital for transitioning to net-zero emissions, especially as concrete demand is set to increase by 2050. Instead of reinventing the wheel, we’re scaling nature-inspired solutions to grow cement sustainably, as nature has done for millennia: utilizing carbon as a building block for a new chemical reaction and eliminating fossil fuel combustion from cement production. 🌱 https://lnkd.in/dZmTYBGh
The cement sector’s net-zero transition: Higher costs and demand shifts
mckinsey.com
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