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The Business Case for LC3

A Global Solution for Low-Carbon, Low-Cost Cement Publication Year: 2024

By Chandler Randol, Ben Skinner, James Sun, and Swathi Shantha Raju

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The cement industry is at a turning point — decarbonization now offers a transformative opportunity to reduce emissions and unlock economic benefits. This report shows how limestone calcined clay cement (LC3) can lead the charge, delivering significant emissions reductions and cost-competitiveness within existing industry infrastructure.

By reducing reliance on clinker, the most carbon-intensive component of cement, LC3 presents a practical and immediate solution to the industry’s decarbonization challenges. Through an analysis of seven scenarios spanning North America, Europe, Latin America, and Africa, the report evaluates the financial and climate impacts of LC3 adoption.

This research shows that LC3 can deliver rapid payback periods and substantial operational savings, positioning it as a cornerstone of the cement industry’s decarbonization strategy. By acting now, stakeholders can seize the opportunity to lead in a rapidly evolving market while contributing to global climate goals.

About the Authors

Chandler Randol

Chandler Randol

Senior Associate

James Sun

Swathi Shantha Raju

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