Cement News tagged under: Renewable Energy

RSS feed

Holcim US runs 38 per cent of production from wind power

30 December 2022, Published under Cement News

Holcim US has signed a virtual PPA with the Electric Reliability Council of Texas (ERCOT) for renewable energy generation, according to a report from Euromoney. The ERCOT VPPA reports mean at least 38 per cent of Holcim's total energy consumption at their production units in Texas now comes from wind generation, as the company moves ahead with its decarbonisation strategy. By 2030, Holcim wants to run all its US businesses entirely on renewable energy.

Cement sector fuels Indian M&A record

21 October 2022, Published under Cement News

Adani Group ’s acquisition of Ambuja Cements and ACC has contributed to a new record in merger and acquisition (M&A) activity in India. According to data by Refinitiv, the value of M&A deals in India has risen by 58 per cent YoY to US$158bn in the first nine months of 2022, coming in higher than the full-year total in both 2018 and 2021. The nine-month period saw 1795 M&A deals being struck, up 21 per cent YoY, marking another record according to Mint. Analysts believe India could soon ...

UltraTech Cement decreases CO2 intensity by 9% in FY2021-2022

27 July 2022, Published under Cement News

UltraTech Cement ( Aditya Birla group ) has released its 2021-22 Sustainability Report. The company claims that in FY2021-2022 it decreased its CO 2 intensity by 9.1 per cent at 551.86kg CO 2 /t of cementitious materials produced. This resulted in achieving   15.1 per cent of Scope 1 intensity target against the target of 27 per cent reduction target by 2032 from the 2017 baseline. Greenhouse gas emissions totalled 195kg CO 2 /m 3 for concrete production. UltraTech Cement now has a re...

Kohat Cement plans a 10MW solar power plant in Punjab

14 July 2022, Published under Cement News

Kohat Cement Co Ltd (KOHC) has informed Pakistan Stock Exchange (PSX) that the Board of Directors of the company has approved the setting up of 10MW solar power plant at its Kohat cement plant, in northern Punjab, says CEO, Nadeem Atta Sheikh. The company’s Board of Directors has also re-appointed Aizaz Mansoor Sheikh as chairman and Nadeem Atta Sheikh as CEO for three years.  Financial performance Total dispatches for July-March 2021-22 stood at 2.85Mt compared 1.75Mt in the corre...

Lucky Cement plans Karachi renewable energy project

13 June 2022, Published under Cement News

Lucky Cement Ltd has informed the Pakistan Stock Exchange (PSX) that the Board of Directors of Lucky cement, in its emergent meeting on 11 June 2022, has authorised the management of the company to undertake a feasibility study for a renewable energy project at its cement plant in Karachi, including wind and solar power. General Manager Finance and Company Secretary of Lucky Cement, Faisal Mahmood, in a bourse filing, stated that the Lucky Cement was one of the earliest cement companies...

PPC Cement Zimbabwe announces solar investment

03 May 2022, Published under Cement News

PPC Cement Zimbabwe has announced a US$40m solar power investment for its Bulawayo and Colleen Bawn plants to support the company’s energy requirements and help reduce gas supply in the country.  The planned projects are expected to have a combined output of 30MW, ow which 17MW will be for internal consumption and the excess to be fed to the national grid, according to a report in the Chronicle. The Bulawayo facility will set up a 10MW plant (set to over over 22ha of land), with 5MW plan...

Opterra orders 300GWh for renewable energy

21 April 2022, Published under Cement News

Statkraft, Europe's largest producer of renewable energy, has signed a further power purchase agreement (PPA) with Opterra , one of Germany's leading cement manufacturers, on the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables Opterra to further transition its plant operations to a renewable energy supply. Opterra ( CRH group) is adding a further   300GWh of renewable power supplied by Statkraft to its plants in Karsd...

Asia Cement Corp and RWE to collaborate on more offshore wind projects

07 December 2021, Published under Cement News

Taiwan’s Asia Cement Corp (ACC) and RWE, which are both developing the 448MW Chu Feng offshore wind project, are now set to expand their strategic partnership to include further projects off the coast of Taiwan. They are expected to investigate several new projects in the waters of Hsinchu, Taichung and Changhua, with some of these sites having water depths that are suitable for floating offshore wind. Jens Orfelt, RWE Renewables APAC president for offshore wind, said: “RWE is strongly com...

Taiwan Cement Corp invests TWD22.3bn in renewable energy

05 October 2021, Published under Cement News

Taiwan Cement Corp (TCC) has approved three major renewable energy investments, representing a total value of TWD22.3bn (US$799.4m). The company will invest TWD5.5bn on installing large storage systems at its Su’ao plant in Yilan and its Hoping unit in Hualien – resulting in the largest in Taiwan when combined. A 100MW/250MWh storage system will be built at Hoping, representing an investment of TWD4bn. At Su’ao a 35MW/87.5MWh storage system will be built in multiple phases and at a cost of...

UltraTech Cement targets 100% renewables for electricity by 2050

24 September 2021, Published under Cement News

UltraTech Cement Ltd has announced its commitment to Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of this commitment, UltraTech targets to meet 100 per cent of its electricity requirement through renewables sources by 2050.   RE100, led by Climate Group in partnership with CDP, brings together the world’s most influential businesses committed to 100 per cent renewable electricity. UltraTech has set a 100 per cent renewable electricity target for its entire global o...