Cement News tagged under: energy
ENERGY – OPEC consolidates oil while India shakes petcoke, coal high20 December 2017, Published under Cement NewsPrices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6.5% 40HGI FOB US$72.50 USGC 6.5% 40HGI cf ARA US$91.00 In November the US dollar was supported by the US tax reform, which could see US firms repatriating profits. The lack of German government for... |
Ashaka Cement approves Lafarge Africa's acquisition deal31 October 2017, Published under Cement NewsShareholders of Ashaka Cement Plc have approved the complete acquisition of the company by Lafarge Africa, in a deal with a cash consideration of NGN604.092m (US$16.8m) and total value of NGN5.97bn. The shareholders of Ashaka Cement agreed to allow Lafarge increase its stake in the company from 86.51 per cent to 99.99 per cent. However, the deal is subject to approval by the regulatory authorities, said Ashaka Cement. Meanwhile, Ashaka Cement Plc's energy strategy has helped it gr... |
Cemex USA recognised for safety, energy efficiency & environmental stewardship10 May 2017, Published under Cement NewsThree Cemex USA cement plants have been recognised with five awards from the Portland Cement Association (PCA) for outstanding achievements in safety performance, safety innovation, and energy and environmental stewardship. Cemex's Victorville, Brooksville South and Balcones cement plants were each presented with awards from the PCA on 9 May 2017, at the organisation's spring meeting in Washington DC. "Cemex is committed to safe and sustainable business practices throughout our operat... |
Falling crude oil challenges uptrend, China cuts coal capacity17 March 2017, Published under Cement NewsBy Frank O Brannvoll, Cimeurope sarl, Belgium Last month the US$/EUR trading range was set at €1.04-1.08 and has held within €1.05-1.075 at €1.0720. Other than the US Federal Reserve Bank raising its overnight rate by 0.25 per cent to one per cent, there is no other major news. The increase did not have an impact on the US$/EUR rate with the expected range going forward between €1.05-1.10. Crude oil Crude oil price developments can often be considered as a front runner for ov... |
Sustainable vision supported by thyssenkrupp at Cotec meeting10 February 2017, Published under Cement NewsAt the 11th Cumbre de Cotec Europa, an event hosted by the Cotec Foundation, thyssenkrupp supported the organisation's vision for a sustainable model for the economy and production systems. Together with several European partners the company has already developed various products aimed at reducing waste and energy consumption in cities, where the largest amount of energy is consumed. The King of Spain, Felipe VI, chaired the event together with the President of the Italian Republic, Sergio... |
Japan: finding new ways19 December 2016, Published under Cement NewsSince the last decade of the 20th century, Japan has been stuck in a deflationary economic spiral, but now a fragile growth is emerging. While the country finds new ways to prosper and can look forward to hosting the Olympic Games in 2020, public investment is not expected to provide the fast track to prosperity. Cement producers will find most support in private investment and exports, which are resuming their upward trajectory. As it upgrades its transport network, replacing one pio... |
It's all about the costs26 August 2016, Published under Cement NewsDr Clark considers the value of measuring and comparing the costs of making cement as the first step to optimising, ie minimising, those outlays as he discusses cost benchmarking and optimisation. Raw materials can be cheaper to extract with bulldozers The Technical Forum has covered many technical topics related to the production of cement over the years. However, we must always keep in mind that cement-making companies and factories must also be money-making operations to s... |
Philippines: Cemex achieves Energy Management ISO07 July 2016, Published under Cement NewsCemex Holdings Philippines’ subsidiaries, Solid Cement Corporation and Apo Cement Corporation, recently passed the ISO 50001:2011 Energy Management System (EnMS) audits , making them the first cement plants in the country to receive an SGS Philippines endorsement for the EnMS certification. The implementation of an EnMS represents Cemex’s proactive stance and commitment in achieving sustainable operations through energy optimisation and in contributing positively to mitigate the impact of... |
Rwanda: rail and energy projects to boost cement demand23 May 2016, Published under Cement NewsThe Rwandan government’s announcement of two major infrastructure projects is set to be a boon for the country’s cement producers, the Mail and Guardian Africa reports. The KivuWatt gas-water extraction project will take gas from Lake Kivu to generate 100MW of electricity by 2019, while the Dar es Salaam-Isaka-Kigali/Keza-Musongati (DIKKM) standard-gauge railway will link Rwanda with ports in neighbouring Tanzania. Busi Legodi, CEO of PPC Rwanda, has welcomed the new initiatives, notin... |
Cemex to invest in seven energy projects01 April 2016, Published under Cement NewsCemex has plans for seven energy projects in Mexico, including wind parks, according to its CEO, Fernando González Olivieri. The structure of the investment would run along similar debt-to-equity lines as used in the construction of the Ventika wind farm, promoted by Cemex and Fisterra Energy, a Blackstone subsidiary. Some 75 per cent of funds were contributed by NadBank, Banobras, Nafin, Bancomext and Santander. The balance was met by Fisterra, Cemex and other investors with Cemex investi... |