Cement News tagged under: Energy fuel & power
Lafarge Malaysia's 3Q14 pretax down 54.2%19 November 2014, Published under Cement NewsLafarge Malaysia reported a 54.2 per cent drop in third-quarter pretax profit on lower revenue and higher operating cost arising from the increase in electricity and fuel prices. Pretax profit for the three months to the end of September 2014 plunged to MYR73.9m (US$21.98m) from MYR161.41m a year earlier, the country's largest producer said in a statement released yesterday. Revenues over the three month period fell to MYR664.63m from MYR728.01m in 3Q13. The decline in sales mainly att... |
Nepal: moves to facilitate production17 November 2014, Published under Cement NewsThe government of Nepal has said it will expand access roads to 11 cement plants and supply electricity to eight factories during the current fiscal to facilitate cement production. "Access road will be expanded from factories to the limestone mines of the respective factories," said Jeet Bahadur Thapa, joint secretary of the Ministry of Industry (MoI), adding. The move continues a policy introduced by the government in FY2008-09 to build the necessary infrastructure like access roads, ... |
Sinoma Energy Conservation signs Tajikistan contract17 November 2014, Published under Cement NewsSinoma Energy Conservation announces that it signed a contract to build a 25MW self-generation power plant for 3000tpd clinker production line in Khudzhand, Tajikistan for Huaxin Cement. |
Dangote applies to build Tanzania coal-fired plant06 November 2014, Published under Cement NewsDangote Cement has applied for a licence to build a 75MW coal-fired plant in Tanzania that would power its 3Mta cement plant under construction. "Dangote Industries ... applied for a 75 MW electricity generation licence to build, own and operate a coal-based captive power plant adjacent to its cement manufacturing plant," the state-run Energy and Water Utilities Regulatory Authority (EWURA) said in a statement on Tuesday. "Any interruption in power supply or unstable voltage/frequency ... |
Kenya: National Cement to build 15MW power plant04 November 2014, Published under Cement NewsKenya’s National Cement, part of the Devki Group, plans to build a KES1.7bn (US$19m) coal-fired power plant to serve its clinker plant and limestone mining operation in Kajiado, Kenya. The power plant will produce 15MW of electricity and is being seen by the company as a more cost-effective alternative to the national grid. “The cost of procuring electricity from Kenya Power is twice as much when compared with the cost of generating power using coal,” according to National Cement's Environm... |
Egypt: Suez Cement reports 18.3% rise in 3Q14 EBITDA31 October 2014, Published under Cement NewsSuez Cement Group of Companies (SCGC) reported a 48.2 per cent increase in revenues for the third quarter of this year. EBITDA during the three-month period rose by 18.3 per cent and net profit after non-controlling interest was up by 40 per cent. The Italcementi group company said that for the nine months to the end of September 2014, sales increased 30 per cent while recurring EBITDA was 7.8 per cent higher compared to the same period of 2013. However, higher corporate income taxes coupl... |
Suez Cement starts trial production using coal at its Kattameya plant29 October 2014, Published under Cement NewsSuez Cement has started trial production using coal at its Kattameya plant in Egypt. Commercial production is scheduled to start next month, its chairman has said. Preparations for coal usage at the company’s Suez plant are expected to be completed before the end of the year, he added. |
Beni Suef reaches agreement to build coal mill, Egypt16 October 2014, Published under Cement NewsBeni Suef has reached an agreement to build a coal mill worth in 12 months, the cement producer announced in a statement to the stock market. The project, worth EGP200m, will be funded through self-financing and loans, the company added. It is expected to be completed by the end of 2015. |
Ethiopian producer looks to secure electricity supplies23 September 2014, Published under Cement NewsEthiopia-based producer East Cement SC is seeking to increase its electricity supply as shortages have led it to operate at half of its production capacity. The company, which is headquartered in the Eastern Industry Zone, operates two production lines for the production of Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC). Wei Watao, deputy general manager of the East Cement factory, told The Reporter (Ethiopia) that the company had settled a payment of some ETB60m ... |
Suez Cement diversifies fuel sources18 September 2014, Published under Cement NewsSuez Cement, part of the Italcementi group, is working towards diversifying its fuel sources with coal to be used in one of its factories before year-end. The company will begin using coal next November at its factory in Suez, company CEO Omar Mehanna said. Two of its other factories in Tora and Helwan will start in two years, "We will begin using coal to generate energy for cement production cement in our Katameya factory by the end of this month in order to produce 3Mta," he said. ... |