Taiwan Cement Group (TCC) is accelerating its expansion in the low-carbon cement industry, announcing plans to build a new cement production base in Ghana and develop clinker using local volcanic ash in Cape Verde. This move follows recent investments in Turkey and Portugal, and aligns with the company’s strategy to capitalize on the EU Carbon Border Adjustment Mechanism (CBAM).
Currently, TCC has a significant presence in Europe and the non-cement sector. In Turkey, through its joint venture with OYAK, TCC controls over 12 million metric tons of clinker and 22.5 million metric tons of cement production capacity. In Portugal, its wholly-owned subsidiary Cimpor operates three cement plants with a combined clinker production capacity of nearly 5 million tons annually. All Portuguese plants have received EU Eco-Environmental Management and Audit System (EMAS) certification, with the largest plant optimizing its clinker production line to improve energy efficiency by 2025.
TCC’s third-phase strategy involves using Cimpor to source calcined clay from Ivory Coast and Cameroon, establishing two ultra-low carbon cement plants in Africa. According to TCC Chairman Zhang Anping, these plants currently serve local markets but are poised to export to Europe once the CBAM is implemented in 2026. TCC plans to further expand in Portugal, aiming to develop an ultra-low carbon cement plant utilizing calcined clay.
Following its African expansion, TCC aims to continue its growth by building a new low-carbon cement production base in Ghana and utilizing volcanic ash in Cape Verde for clinker production. These initiatives not only strengthen TCC’s position as a major supplier of low-carbon cement in Europe but also enhance its carbon credit portfolio, which exceeds 2.37 million tons.
By expanding its low-carbon cement operations in response to the EU CBAM, TCC is strategically positioning itself for future growth and environmental compliance, ensuring dual benefits in the European market.
