Cement producers strive to mitigate their substantial carbon footprint

Reducing that environmental impact is a high priority among cement producers. Cement producers are now publishing their Environmental, Social, and Governance (ESG) credentials concerning energy use in their operations, Greenhouse Gas (GHG) emissions, and water usage. Digital technologies will enable companies to collate and analyse the data to identify process improvements. Furthermore, investments in optimising their production equipment and cement quality will also drive investments in digitalisation. According to global technology intelligence firm ABI Research, total spending on digitalisation is forecast to reach US$3.54 billion in 2033 (a 5.5% Compound Annual Growth Rate (CAGR)).

“With all of the above in mind, cement producers are developing risk frameworks that present opportunities for technology suppliers to help firms assimilate information for presenting credentials and performing scenario planning exercises”, says Michael Larner, Industrial and Manufacturing Markets Research Director at ABI Research.

Cement production accounts for 4% of global warming. However, concrete, from which cement is the main element, is the key material used in the construction industry and will continue to be required for buildings, roads, and infrastructure projects. “This is the dilemma for the industry and can be considered an opportunity for both engineers and technology suppliers to devise solutions to develop cement that can fulfil industries’ requirements while not decimating the environment”, Larner explains.

Digital technologies will have a role to play at the production level, and companies are developing and commercialising their expertise, with both TITAN Cement Group and Heidelberg Materials already commercialising their digital expertise in predictive maintenance and application development, respectively.

These findings are from ABI Research’s Digital Transformation in the Cement Industry. This report is part of the company’s Industrial and Manufacturing Markets research service, which includes research, data, and ABI Insights.

Read the article online at: https://www.worldcement.com/indian-subcontinent/08122023/cement-producers-strive-to-mitigate-their-substantial-carbon-footprint/