Cement News tagged under: Electical energy
Slovakian cement companies to receive compensation over electricity prices12 November 2019, Published under Cement NewsA total of EUR40m is to be redistributed to 76 energy-intensive companies in Slovakia, including the cement sector. CRH Slovensko and Povazská Cementáren are among the companies that will be compensated for the high electricity prices, according to a SITA newswire. Economy Minister, Peter Ziga (Smer), said, "our industry appeared in the worse position compared to foreign competition. Thus, we have passed the first compensation in Slovakia's history." The minister believes the compensatio... |
Australia: Adelaide Brighton sees power bill rise by US$2.2m01 September 2016, Published under Cement NewsThe price spike in July added around AUD3m (US$2.26m) to Adelaide Brighton's power bill, mainly attributed to operations at its Birkenhead plant. This surge in costs led the company to temporarily scale back its production and increase the use of imported product. Managing Director, Martin Brydon, commented on how the company had the capacity to turn off its grinding process at the times of high power prices but urged that continuing power prices needed to be addressed. The Council of ... |
Egyptian cement companies to lose energy subsidies28 August 2012, Published under Cement NewsEgypt is to no longer provide subsidised energy to new cement plants, including the 14 new facilities for which licenses have already been issued, and plans to phase out subsidies to already-existing plants, the government has said. Hatem Saleh, minister of industry and external trade, told reporters at a press conference on Sunday that the government will not be responsible for providing subsidised energy to new cement factories adding that energy prices for existing cement plants would g... |
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