Cement News tagged under: Waste Heat Recovery

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Catic wins waste heat recovery project from Goltas Goller Bolgesi Cimento, Tukey

01 May 2014, Published under Cement News

Turkish cement maker Goltas Goller Bolgesi Cimento Sanayi ve Ticaret said it has contracted Chinese company Catic Beijing Co Ltd to set up a waste heat recovery power plant at a total cost of some US$20m (EUR14m).

Lucky Cement 1HFY14 net profit rises 20%

27 February 2014, Published under Cement News

Pakistan market leader Lucky Cement reported a 20 per cent rise in net profit for the first half of FY14 boosted by in part by higher prices. Net profit for the six months to the end of December 2013 stood at PKR5.16bn (US$49.2m) compared to PKR4.49bn in the same period of the year before. Revenue improved 11.8 per cent YoY to PKR19.57bn against PKR17.51bn in the 1HFY13. Commenting on the results, Global Research said revenues grew on the back of a 10 per cent YoY increase in domestic c...

Phase 2 of Najran WHR trial operations to continue to end-April

22 January 2014, Published under Cement News

Najran Cement has said trial operations of a second phase of its waste heat recovery plant are expected to continue to the end of April, the Saudi-based producer said in a bourse statement. The company launched phase 1 of trial operations at the plant on 11 January which will take 10 days to complete. Commercial operations are yet to be announced. The 27.1MW project is being carried out by China’s Sinoma Energy Conservation on a turnkey basis.  The US$44.9m investment will help Najran to r...

Najran Cement launches trial operations of WHR plant, Saudi Arabia

13 January 2014, Published under Cement News

Najran Cement on Saturday launched on Saturday trial operations of the first phase of its waste heat recovery (WHR). The trial will take 10 days to complete and the commercial launch is yet to be announced. The WHR project, with a projected power generation capacity of 27.1MW, is being carried out by China's Sinoma Energy Conservation on a turnkey basis. The installatin will help Najran reduce CO2 emissions and HFO consumption, as well as improve energy efficiency. Najran Cement operat...

PT Semen Indonesia

02 December 2013, Published under Cement News

PT Semen Indonesia has posted a 15.2 per cent rise in net profits in 9M13 to IDR3.91trn (US$352m), compared to the same period last year. This comes despite higher costs including a 31.5 per cent jump in revenue costs to IDR9.55trn and an equal rise in selling expenses to IDR1.59trn. Net income was up 18 per cent in 9M13 with gross income jumping 21 per cent to IDR5.1trn. With Indonesia’s economy predicted to grow by 5.9 per cent this year, the government plans to boost infrastructure inc...

Holcim Romania inaugurates WHR project

25 November 2013, Published under Cement News

Holcim Romania has inaugurated a EUR15m new waste heat recovery investment at its Alesd plant which is set to meet around 15 per cent of the plant’s electricity needs. “The investment we are inaugurating today at our plant in Alesd is part of Holcim Romania’s consistent efforts to reduce the consumption of energy and natural resources by implementing the best available technology in the field,” Daniel Bach, general director Holcim Romania, said. Despite a difficult trading environment,...

Kohat Cement full-year profit rises 58.55%, Pakistan

23 September 2013, Published under Cement News

Northern Pakistan-cement based cement producer Kohat Cement Co reported a 58.55 per cent YoY rise in FY13 net profit. For the July 2012-June 2013 fiscal, the company reported a profit after tax of PKR2.632bn (US$25.55m) against PKR1.66bn during the year before. Net sales increased to PKR11.297bn from PKR9.316bn in FY12. It incurred selling and distribution expenses of PKR58.4m and administrative and general expenses of PKR86.423m compared to PKR46.242m and PKR66.714m, respectively in FY12....

GMK and IKN sign waste heat recovery partnership, Germany

16 September 2013, Published under Cement News

Germany-based companies GMK GmbH and IKN GmbH have entered into an exclusive partnership to develop and market waste heat recovery systems for the cement industry. On 16 September 2013, a memorandum of understanding was signed by Piacentini-Timm (GMK), Wilhelm Uebachs (GERMANIA Technologieholding), Klaas Windmöller and Justus von Wedel (both IKN). GMK, a specialist for power generating equipment based on the Organic-Rankine-Cycle (ORC), has developed the INDUCAL® line of products for indu...

Tong Yang sells waste heat recovery plant, South Korea

04 September 2013, Published under Cement News

South Korea-based cement producer Tong Yang Cement Corporation has sold a waste heat recovery plant to Samcheok Energy, a company invested by a private equity fund run by Macquarie Korea Opportunities Management, Ltd. The acquisition was made for a consideration of KRW40,000m. Tong Yang Cement is one of South Korea's largest cement producer by capacity. Its major plant at Samcheock has seven NSP precalciner kilns and five mills, capable of around 10Mta cement, with another 10 per cent a...

Najran delays launch of WHR project, Saudi Arabia

30 August 2013, Published under Cement News

Najran Cement has postponed the launch of its waste heat recovery (WHR) plant by six months, the company said in a bourse statement yesterday. The Saudi-based cement producer will now bring the new WHR plant on line in March 2014 instead of September 2013 as originally planned. The project is costing US$45m with a projected power generating capacity of 27.1MW.