Cement News tagged under: Energy fuel & power
Chile: Cemento Polpaico to invest in solar power project21 May 2014, Published under Cement NewsCemento Polpaico plans to invest US$42m in a 20MW solar power project, to be installed next to its plant in Tiltil municipality, Chile. The park will help diversify Chile's energy mix and will supply renewable energy to the central power network SIC, through the Punta Peuco substation, according to the environmental impact declaration. The company estimates it could start construction works this year. Polpaico, which is 54 per cent owned by Holcim, is Chile’s second-largest cement p... |
Apo energy deal gets government approval19 May 2014, Published under Cement NewsThe ancillary services procurement agreement (ASPA) between the National Grid Corp of the Philippines (NGCP) and Apo Cement Corp (ACC) has been approved by the Energy Regulatory Commission (ERC). The agreement states that ACC will provide ancillary services from its Apo Cement power plant with the capacity of 69MW. It may only nominate the available capacity of the said plant for the ancillary services. However, since the contract is on a nonfirm basis, it has the right not to nominate any... |
South Valley seeks alternative energy sources13 May 2014, Published under Cement NewsEgypt-based producer South Valley Cement is seeking alternative energy sources as securing sufficient fuel to operate production facilities has become one of its key challenges. Speaking at a press conference earlier this week, the company said it has prepared studies for the use of coal and agricultural wastes. However, company officials said the application of alternative energy sources suggested by the government will take at least 12 months. South Valley Cement said it would requ... |
Egypt production disrupted by gas shortages02 May 2014, Published under Cement NewsSecuring sufficient fuel to operate production facilities has become one of the key challenges for Egyptian cement manufacturers with output rates dropping and input costs rising, leading to cement prices rising. Latest industry reports state that production has come to a halt at 10 cement plants following EGAS's decision to temporarily cut off the gas supply. The plants reportedly account for approximately 70 per cent of Egypt’s cement output. An official from the Federation of Egyptia... |
Titan America's waste-to-fuel initiative, USA14 April 2014, Published under Cement NewsTitan America has begun turning selected wastes into alternative fuel for use at its Pennsuco plant in Medley, Florida. The company works with a unit of Republic Services in Fort Lauderdale that collects refuse from businesses, mostly in Broward County. Initially, Republic Services expects to provide more than 1000t of materials monthly to the Titan plant, according to daily newspaper Sun-Sentinel. By next year, Titan America hopes to replace 30 per cent of the coal at the plant with alte... |
Cemex completes financing for wind farm project11 April 2014, Published under Cement NewsCemex has successfully completed the financing of Ventika, a project comprising the construction of two 126MW wind farms each, for a total nominal capacity of 252MW, to be located in General Bravo, Nuevo Leon, Mexico. The investment for the project is approximately US$650m, of which 75 per cent corresponds to debt and 25 per cent to equity. The debt financiers are the North American Development Bank, Banobras, Nafin, Bancomext and Santander. The equity partners are Fisterra Energy, a compa... |
Lafarge Pakistan net sales rise 7% YoY04 April 2014, Published under Cement NewsReleasing further details on its 2013 performance, Lafarge Pakistan Cement said it saw net sales grow by seven per cent to PKR10.302m (US$105m) from PKR9624m. The company increased the use of alternative fuels from 28 per cent in December 2012 to 32 per cent in 2013. Power shortage persisted in the country and to avoid a complete shutdown the company rented generator sets. While this proved to be an extensive alternative, it resulted in a net gain for the company. Gross profit increased to... |
BUA signs gas supply deal for Edo Cement Co01 April 2014, Published under Cement NewsBUA Cement has signed a gas sales and purchase agreement (GSPA) with Nigerian Gas Company (NGC) for its Edo Cement Co subsidiary. Leadership Newspapers reported that the agreement was signed by both parties in Lagos at the weekend. The deal would see the supply of about 33mmscf per day of natural Gas by NGC to the Edo cement plant in Okpella, Edo State according to managing director, NGC, Engr Saidu Mohammed. The group executive director, BUA Group, Kabiru Rabiu who signed the agreement... |
Dangote Cement revenue rises 29.4%27 March 2014, Published under Cement NewsDangote Cement, Nigeria’s largest cement company saw revenues rise 29.4 per cent last year to nearly NGN386.2bn (US$2.45bn), backed by 28.2 per cent growth in domestic volumes. In Nigeria, revenue from cement operations (including haulage revenue) rose by 30.1 per cent YoY to nearly NGN371.6bn. Dangote Cement Ghana Ltd contributed revenue of NGN14.1bn in 2013, an increase of nearly 15.2 per cent on 2012. At group level, gross profits rose by 35.3 per cent to NGN243.7bn. Consolidated gr... |
Bolivian cement project hits gas supply issue21 March 2014, Published under Cement NewsBolivian cement producer Sociedad Boliviana de Cemento (Soboce) said that investments in the sector have been stalled by the lack of energy to build new plants. Soboce planned to invest around US$160m in a new 0.8Mta cement works in the municipality of Port Suárez, Yacuses, but the lack of gas supply, which was to be delivered by state-owned Yacimientos Petroliferos Fiscales Bolivianos (YPFB), to the site delayed the project. Soboce president, Samuel Doria Medina closely-linked the cem... |