Daily Digest for

Italy-based Danieli & C. Officine Meccaniche S.p.A and new cleo SA have signed a Memorandum of Understanding to explore integrating new cleo’s Lead-cooled Fast Reactors (LFR) with Danieli’s steelmaking technology. This collaboration aims to decarbonize steel production by using nuclear energy to provide electricity and high-temperature heat. The initiative aligns with the EU’s Clean Industrial Deal, which supports energy-intensive industries in reducing energy costs and creating low-carbon markets. The agreement could lead to energy supply solutions across the iron and steel value chain, including the production of Green Hydrogen for Danieli’s Energiron Direct Reduction Technology.

France-based Hoffmann Green Cement Technologies announced that its H-UKR cement, a 0% clinker cement, received a Technical Approval (ATEc), marking a world first for such a product. This approval confirms the cement’s durability and safety, achieved after over seven years of research and collaboration with experts. The approval covers surface foundation applications in France and positions Hoffmann Green Cement as a leader in the low-carbon cement market. The company operates two production units in Bournezeau and plans to expand with a third factory in the Rhône-Alpes region by 2027-2028, aiming for a production capacity of 1,000,000 tons per year. Hoffmann Green Cement’s innovative approach reduces energy consumption by 10 to 15 times compared to traditional Portland cement, contributing to the energy transition and promoting eco-responsible construction.

The European Union has developed a guide to support the aviation industry in complying with Regulation (EU) 2024/590, known as the Ozone Regulation, which mandates the replacement of halon. This guide, created by the European Commission and EASA, provides clarifications on cut-off dates and the derogation process. The next significant deadline for replacing halon in portable extinguishers for cabins and crew compartments is set for December 31, 2025.

Netherlands-based CTP has successfully placed a dual tranche of green bonds totaling €1 billion, with two €500 million benchmark bonds maturing in 6 and 10 years. The 6-year bond has a 3.625% fixed coupon, while the 10-year bond has a 4.25% fixed coupon. The proceeds will be used to finance or refinance eligible assets under CTP’s Green Bond Framework, including repaying higher interest debt from 2022 and 2023. This move is expected to improve CTP’s average cost of debt and interest cover ratio.

Philippines-based Senator Loren Legarda reaffirmed her commitment to marine conservation and women’s empowerment during the “Blue Horizons” panel discussion held in the Manila Peninsula Hotel. She stressed the importance of the Blue Economy Bill and the Philippine Environment and Natural Capital Accounting System (PENCAS) for sustainable marine development. Legarda emphasized the need for proper ocean accounting, stating that it aims to track and value natural resources such as coral reefs and mangroves to ensure their protection. She also highlighted the role of women in marine sustainability and called for better access to financial support for women in coastal communities.