Calucem

Environmental thesis

CAC are a family of high-value and high-performance specialty binders used for their high strength, rapid hardening and heat resistance. CAC based materials are at the base of the success of large, global and fast growing end markets such as building chemistry, refractories and several specialties such as, for example, specialty pipes. In Building Chemistry, the largest end market, CAC is often used in blends with ordinary cement (“OPC”), improving its performance, reducing the needed quantity including, sometimes, even replacing OPC.

The effect of such OPC displacement corresponds, for Calucem’s sales only, to a saving of about 250,000 tons of CO2 emission per annum, equivalent, as an example, to the elimination of about 120,000 passenger cars. Furthermore, when used as a binder CAC can replace phenolic resins, a very powerful but highly toxic alternative.

Business

Calucem ranks #2 in the world as a Calcium Aluminate Cements (“CAC”) developer, manufacturer and distributor and is one of only a few competitors with global reach in the sector. Calucem sells in more than 60 countries, with the US and Germany being the largest. As a global player, Calucem operates through an R&D and commercial centre in Mannheim (D), operations in Pula (HR), sales and marketing offices in the US and Singapore, a bauxite quarry near Bodrum (TR) with distribution centers in the US, UK and Sweden.

CAC are a family of high-value and high-performance specialty binders used for their high strength, rapid hardening and heat resistance. CAC based materials are at the base of the success of large, global and fast growing end markets such as building chemistry, refractories and several specialties such as, for example, specialty pipes. Ambienta acquired a control stake in Calucem in April 2016.


Environmental impact and sustainable development goals

Ambienta only invests in businesses which have a positive impact on the environment through either, or both, a Resource Efficiency or Pollution Control contribution. Our proprietary methodology, the Environmental Impact Analysis, allow us to measure the contribution of different businesses to sustainability in terms of Resource Efficiency and Pollution Control which we capture through 11 Environmental Metrics.

Our Methodology and Metrics are fully aligned with the UN Sustainable Development Goals adopted in 2015. Through our investment scope definition that focuses on products and services that improve Resource Efficiency and Pollution Control we fully capture 10 of the 17 Goals and their respective sub-goals.

For each portfolio company we report then its impact both in terms of our metrics and SDGs.

Resource efficiency

Calucem’s contribution to Resource Efficiency is summarized by the following Environmental Metrics and SDGs:

Materials Saved

Pollution control

Calucem’s contribution to Pollution Control is summarized by the following Environmental Metrics and SDGs:

CO2 Emissions Reduced