Business

Cement Manufacturers Urges To End Use of Coal – Fired Power in Productions

Published

3 years ago

June 23, 2023

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The Secretary General of the United Nations, António Guterres, has called on global cement and concrete manufacturers to end the use of coal-fired power in their productions if the industry is to meet its 2050 net zero carbon emission targets.

The cement sector is the third largest industrial source of pollution, emitting more than 500,000 tons per year of sulfur dioxide, nitrogen oxide, and carbon monoxide.

António Guterres, made the call during the Global Cement and Concrete Association (GCCA)’s international conference on ending carbon emissions by 2050; the two days event took place in Zurich

Guterres told the 200 cement and concrete industry leaders at the

conference that he wanted to see “concrete pledges from the concrete industry.”

Concrete is “fundamental to building a better world… and we have no time to lose, if we are to limit the global temperature rise to 1.5 degrees centigrade.

“Science tells us that requires cutting global greenhouse emissions by almost half by 2030.

That means taking a quantum leap in climate action – and slashing global emissions. Starting now,” he said.

The UN Secretary General set out three ambitions for the industry, including ending the use of coal-fired power in cement production, working more closely with governments, especially G20 countries, to speed up decarbonisation, and setting ambitious emission targets and transition plans, in line with UN guidelines.

Also, the Chief Executive of the GCCA, Thomas Guillot, noted that concrete is the second most-used material on earth after water and the backbone of modern infrastructure.

“It is used to build homes, schools, hospitals, roads, bridges, tunnels and helps to provide clean water and green energy.

” But with so much of it used around the world, it currently accounts for 7% of global CO2 emissions.

The world’s leading manufacturers – all members of the Global Cement and Concrete Association – have pledged to eliminate those emissions by 2050, in line with GCCA’s Roadmap for Net Zero Concrete – the first heavy industry to set out such a detailed plan,” he said.

Related Topics:Antonio Guterres Cement Manufacturers

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Business

Dangote Cement Shelves $18 billion Listing On LSE

Its shares will remain listed on the Nigerian Exchange, and the decision will not affect its operations or business plans.

Published

2 hours ago

November 11, 2026

OCHEFA

37 Views

Dangote Cement Plc has abandoned plans for a secondary listing of $18 billion on the London Stock Exchange and preferring to keep its shares exclusively on the Nigerian Exchange (NGX).

The decision , according to the company is because the LSE has been struggling to attract major new listings as companies increasingly reconsider their presence on the UK bourse.

In May this year , Aliko Dangote said that he was holding early discussions about a potential London listing.

The move would have given the company access to a broader pool of international investors and additional sources of capital.

However, the company said on Tuesday that it had abandoned the plan, citing market conditions and strategic priorities. Its shares will remain listed on the Nigerian Exchange, and the decision will not affect its operations or business plans.

Business

I sold heavy weapons internationally – Orji Kalu

“Yes, so I stopped because my parents, my mother, my father came and said I must stop, and I stopped,” he said.

Published

1 day ago

November 10, 2026

OCHEFA

72 Views

The Senator representing Abia North, Orji Kalu, has disclosed that he previously engaged in the international trade of heavy weapons, selling arms to buyers in different countries before quitting the business at the insistence of his parents.

Kalu made the revelation during an interview on Arise Television on Monday, while discussing his business background and relationships with former and current South African leaders.

Asked whether he was an arms dealer, the former Abia State governor answered in the affirmative, saying he stopped after his parents intervened.

“Yes, so I stopped because my parents, my mother, my father came and said I must stop, and I stopped,” he said.

Asked whether he sold weapons to people who intended to use them to kill others, Kalu dismissed the suggestion, saying his motivation was to make money.

“No, no, no, no, no, no. I was selling guns to make money, whether they blow up it’s not my business,” he said