Cement News tagged under: Energy
China: State Council plans to invest CNY2.366tn over 2011-15 on energy conservation23 August 2012, Published under Cement NewsChina plans to invest about CNY2.366tn (US$372.5bn) in projects for energy conservation and carbon-emissions reduction over the 2011-15 period, the State Council, said in a statement. The statement, which was issued to ministries and provincial-level governments on 6 August but only released to the public this week, didn't disclose the amount already invested or how much would be spent over the coming years. The projects supported by the investment will help save on 300Mt of standard c... |
Tanzanian production costs seen coming down, competition to increase08 August 2012, Published under Cement NewsCement production costs in Tanzania are expected to decline in the near future due to falling energy costs and improved supply. A study entitled “Equity Research Cement Sector Local Listed Companies” by Tanzanian Securities indicates that due to the expected entry of three new players, prices are also seen declining. "We see an improvement in energy supply, introduction of new sources of energy and stabilisation of energy prices in the country as a special opportunity for cement producers"... |
Holcim Philippines to construct waste heat facility06 August 2012, Published under Cement NewsHolcim Philippines will construct a waste-to-energy facility to reduce the demand for coal as a cement plant fuel in Davao City. Roland Van Wijnen, chief operations officer of Holcim Philippines, said that the facility will include structures and buildings which are aimed at storing more rice husks, identified as a viable fuel alternative for the cement plant. The plant consumes about 600t of coal to power its cement plant, and only about five per cent are alternative fuel. “Coal eats up... |
Energy price falls may increase 2H12 margins04 May 2012, Published under Cement NewsIndustry analysts predict a recovery in cement margins in 2H12 as a consequence of falling international energy prices and the continued strength in cement prices, as highlighted in last week’s newsletter. The squeeze on cement markers' profit margins was widely felt during 2011, driven in the main by rapidly-rising energy costs that impacted on companies' bottom lines. Key energy prices rose by over 40% in a six-month period during 2011. This week's 1Q12 financial reports show how much i... |