Cement News tagged under: Energy
Lucky Cement orders dual-fuel engines from Wärtsilä27 November 2020, Published under Cement NewsPakistan’s Lucky Cement has signed a contract with Wärtsilä for the supply of a combined cycle power plant with additional engine generating sets for its plant in Pezu, Khyber Pakhtunkhwa. The facility is already equipped with 10 dual-fuel engines, supplied by Wärtsilä. "With new cement lines installed, an additional three Wärtsilä 34DF dual-fuel engines, each with an output of 10MW, have been ordered to provide the additional power required for the power plant without grid connection," sa... |
Uzbekistan's Ministry of Energy denies reports about electricity supply26 November 2020, Published under Cement NewsThe Ministry of Energy of Uzbekistan has denied reports regarding the cessation of electricity supply to certain cement producers. According to the dispatch centre, the Akhangaran cement plant received 605,000kWh of electricity on 24 November. On average, this plant is supplied with 540,000kWh of electricity per day. Elsewhere, the Kuvasay cement plant consumes an average of 332,000kWh electricity per day. |
Nuvoco Vistas Corp sets water and energy consumption goals05 June 2020, Published under Cement NewsJayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp Ltd, announces new sustainability goals for the company on World Environment Day On the occasion of 'World Environment Day', Friday 5 June 2020, and considering Nuvoco's long term commitment to sustainability and environment care, Nuvoco Vistas Corporation Ltd reports that it has set a new goal in reducing its environmental footprint. Mr Jayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp Ltd,... |
Petcoke market sees prices slump22 May 2020, Published under Cement NewsHit by the coronavirus, petcoke prices fell as the Mediterranean market contracted. Demand declined as the cement and construction sectors reduced their output amid lockdown restrictions. A Spain-based trader said he had heard “some inquiries over the place (Japan, Pakistan, India, China, Denmark, Guatemala, etc to name some) but not real closures yet. Not much really at Med. Only running countries are Egypt and Turkey, but both ended 2019 on high clinker stocks thus demand now is not grea... |
First sustainable credit to the Mexican cement industry agreed27 April 2020, Published under Cement NewsBBVA Mexico has formalised a sustainable credit for MXN2.2bn (US$88.7m) over a five-year term to Cooperativa La Cruz Azul. According to the bank, it is the first sustainable credit in the Mexican cement industry and also the first of this year. The producer is expected to use the funds to modernise its production plants in Hidalgo and Oaxaca to reduce energy and water consumption, thereby making its production more efficient and reinforcing its commitment to the environment. The credit... |
Energy-related CO2 emissions remain flat in 201925 February 2020, Published under Cement NewsGlobal energy-related carbon dioxide emissions stopped growing at around 33Gt in 2019, despite the world economy expanding by 2.9 per cent, according to the International Energy Agency’s (IEA) global CO 2 emission report. In advanced economies, total energy-related CO 2 emissions fell by 3.2 per cent to 11.3Gt from 11.7Gt. The decline in emissions has been attributed to milder weather in larger economies and weaker economic growth on a global scale. However, clean energy transitions a... |
Venezuelan cement output below 50% of market requirement30 October 2019, Published under Cement NewsThe production of cement in Venezuela is less than half of the country’s demand of 18Mt, according to El Impulso. Output is currently down from 9Mt to 4Mta, due to issues with electrical power supply, equipment and inputs, said Orlando Chirinos, president of the Federation of Cement Workers (Fetracemento) and secretary general of the cement workers syndicate of Lara state. In terms of equipment, cement producers face challenges in obtaining refractory bricks, metallic grinding media and sl... |
Key risks to near-term oil price06 June 2019, Published under Cement NewsGlobal oil demand is growing at its weakest rate since 2012 while global oil supply disruptions continue to be at their highest levels in almost 30 years, according to Bank of America Merrill Lynch (BoAML). Key risks to the oil price remain with US trade wars and tensions with Iran affecting demand and supply, respectively. In addition, the bank also highlights the “ultimate ultra-bearish scenario” where China relinquishes trade negotiations, ignores US sanctions and proceeds to purchase Ira... |
Roanoke Cement earns industry’s first ISO 5000103 May 2019, Published under Cement NewsRoanoke Cement Co and its parent company, Titan America, announced this week that it has obtained ISO 50001 certification for its Troutville plant in Virginia – the first cement plant in the country. ISO 50001, sponsored by the US Department of Energy, is an energy management system standard that is established as a voluntary programme of best practices in continuous energy improvement. "ISO 50001 is a signature achievement for a manufacturing plant," says Brian Allder, Roanoke’s plant m... |
Are lower coal prices what the cement industry needs?29 April 2019, Published under Cement NewsThis week ICR takes a look at the downward trend in coal prices and discusses whether cement producers will benefit from the drop in prices or whether the cement sector should be looking more at sustainable long-term fuel options. Coal prices cool Morgan Stanley reports that April's data of Newcastle and Atlantic Basin prices has seen thermal coal retreat by 23-30 per cent YoY, as evidenced by the key contract between global mining company Glencore and Japan's Tohoku Electric Power, end... |