Cement News tagged under: Energy

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UltraTech joins EP100 energy-smart companies

11 September 2018, Published under Cement News

UltraTech Cement has joined the EP100, which is a global leadership initiative to bring energy-smart companies together. UltraTech believes that by joining the group it will double its energy productivity and reduce its carbon intensity. UltraTech aims to reduce its carbon emission by 25 per cent by 2021 from its 2005 baseline. Mr K K Maheshwari, managing director, UltraTech Cement Ltd said, "Our membership of EP100, we believe, will play a catalytic role in helping us accelerate towards do...

UltraTech plants win awards at National Awards for Excellence in Energy Management

07 September 2018, Published under Cement News

UltraTech has announced that five of its integrated cement manufacturing units have been recognised by the Confederation of Indian Industry (CII) at the 19th edition of the 'National Award for Excellence in Energy Management 2018'. Five manufacturing units of UltraTech Cement Ltd (UTCL) The awards included: 'Excellent Energy Efficient Unit' - Rawan Cement Works (RWCW) 'Best cement plant' and 'Captive power plant' – Chhattisgarh Cement plant  'Energy Efficient Units' – Kotputli...

Geopolitics and tightening supply to impact oil prices in 2018-19

18 May 2018, Published under Cement News

Global oil supply and demand balances are expected to tighten over the next 18 months, driven by the continued collapse of Venezuelan output, according to Bank of America Merrill Lynch (BOAML). A collaboration between OPEC and Russia to set a floor on oil prices with a reduction of oil output cuts by these countries of 450,000bpd from 3Q18 to 4Q19 is also expected to play its part in squeezing availability. In addition, higher interest rates and a stronger US dollar are forecast provide near...

ENERGY – OPEC consolidates oil while India shakes petcoke, coal high

20 December 2017, Published under Cement News

Prices 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 deal

31 October 2017, Published under Cement News

Shareholders 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 stewardship

10 May 2017, Published under Cement News

Three 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 capacity

17 March 2017, Published under Cement News

By 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 meeting

10 February 2017, Published under Cement News

At 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 ways

19 December 2016, Published under Cement News

Since 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 costs

26 August 2016, Published under Cement News

Dr 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...