Lafarge Canada bets on ITCs to boost clean energy investments
Lafarge Canada ( Holcim Group) is among the companies counting on investment tax credits (ITCs) for its plant in Exshaw, Alberta, Canada, where it has a plan to capture 1Mta of ...
Electricity
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Cruz Azul will see power supply restored
Cruz Azul and Mexico’s Federal Electricity Commission have reached an agreement and the state power supplier must reconnect power to the cement plant in Tula, Hidalgo state, by ...
Tudela Veguín halts production for 10 days
Cementos Tudela Veguín has shut down its plant at La Robla for 10 days from Friday, 11 March, citing the soaring electricity prices as the reason for the stoppage. The company h...
How energy reforms could impact Mexico's cement industry
This week, we will be taking a look at the proposed Mexican energy reforms and their potential impact on the cement industry. Mexico's president, Andres Manuel Lopez Obrador (AM...
Hongshi Shivam Cement expected to receive electricity by summer
Nepal-based cement producer Hongshi Shivam Cement, which has been operating in the last two-and-a-half years using diesel, is scheduled to receive its first electricity supply b...
Pakistan's Ministry of Commerce proposes concessionary electricity rates
Pakistan’s cement sector has approached the country’s Ministry of Commerce to request that the cement sector be declared a partial export industry. The sector also proposed ince...
Henan to hike water and electricity fees
The Chinese province of Henan will increase water and electricity tariffs for cement and steel producers that have failed to meet ultra-low emissions standards, said the provinc...
University of Seville and FLACEMA sign power cost research collaboration
The University of Seville and the Andalusian Labour Foundation for Cement and Environment (FLACEMA), Spain, have signed a scientific collaboration agreement to launch an industr...
Ghana’s cement producers not benefitting from power relief
Following Ghanaian President Akufo-Addo’s announcement of the introduction of a relief on electricity to support individuals and businesses, cement producers and steel companies...
Cemex announces plans for US$1bn bond issue
Cemex has announced plans to issue US$1bn worth of bonds, with a 7.375 per cent coupon and a maturity date of June 2027. The issue is expected to be used to support ongoing busi...