Cement News tagged under: energy
Nuvoco Vistas Corp sets water and energy consumption goals05 June 2020, Published under Cement NewsJayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp Ltd, announces new sustainability goals for the company on World Environment Day On the occasion of 'World Environment Day', Friday 5 June 2020, and considering Nuvoco's long term commitment to sustainability and environment care, Nuvoco Vistas Corporation Ltd reports that it has set a new goal in reducing its environmental footprint. Mr Jayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp Ltd,... |
Petcoke market sees prices slump22 May 2020, Published under Cement NewsHit by the coronavirus, petcoke prices fell as the Mediterranean market contracted. Demand declined as the cement and construction sectors reduced their output amid lockdown restrictions. A Spain-based trader said he had heard “some inquiries over the place (Japan, Pakistan, India, China, Denmark, Guatemala, etc to name some) but not real closures yet. Not much really at Med. Only running countries are Egypt and Turkey, but both ended 2019 on high clinker stocks thus demand now is not grea... |
First sustainable credit to the Mexican cement industry agreed27 April 2020, Published under Cement NewsBBVA Mexico has formalised a sustainable credit for MXN2.2bn (US$88.7m) over a five-year term to Cooperativa La Cruz Azul. According to the bank, it is the first sustainable credit in the Mexican cement industry and also the first of this year. The producer is expected to use the funds to modernise its production plants in Hidalgo and Oaxaca to reduce energy and water consumption, thereby making its production more efficient and reinforcing its commitment to the environment. The credit... |
Energy-related CO2 emissions remain flat in 201925 February 2020, Published under Cement NewsGlobal energy-related carbon dioxide emissions stopped growing at around 33Gt in 2019, despite the world economy expanding by 2.9 per cent, according to the International Energy Agency’s (IEA) global CO 2 emission report. In advanced economies, total energy-related CO 2 emissions fell by 3.2 per cent to 11.3Gt from 11.7Gt. The decline in emissions has been attributed to milder weather in larger economies and weaker economic growth on a global scale. However, clean energy transitions a... |
Venezuelan cement output below 50% of market requirement30 October 2019, Published under Cement NewsThe production of cement in Venezuela is less than half of the country’s demand of 18Mt, according to El Impulso. Output is currently down from 9Mt to 4Mta, due to issues with electrical power supply, equipment and inputs, said Orlando Chirinos, president of the Federation of Cement Workers (Fetracemento) and secretary general of the cement workers syndicate of Lara state. In terms of equipment, cement producers face challenges in obtaining refractory bricks, metallic grinding media and sl... |
Key risks to near-term oil price06 June 2019, Published under Cement NewsGlobal oil demand is growing at its weakest rate since 2012 while global oil supply disruptions continue to be at their highest levels in almost 30 years, according to Bank of America Merrill Lynch (BoAML). Key risks to the oil price remain with US trade wars and tensions with Iran affecting demand and supply, respectively. In addition, the bank also highlights the “ultimate ultra-bearish scenario” where China relinquishes trade negotiations, ignores US sanctions and proceeds to purchase Ira... |
Roanoke Cement earns industry’s first ISO 5000103 May 2019, Published under Cement NewsRoanoke Cement Co and its parent company, Titan America, announced this week that it has obtained ISO 50001 certification for its Troutville plant in Virginia – the first cement plant in the country. ISO 50001, sponsored by the US Department of Energy, is an energy management system standard that is established as a voluntary programme of best practices in continuous energy improvement. "ISO 50001 is a signature achievement for a manufacturing plant," says Brian Allder, Roanoke’s plant m... |
Are lower coal prices what the cement industry needs?29 April 2019, Published under Cement NewsThis week ICR takes a look at the downward trend in coal prices and discusses whether cement producers will benefit from the drop in prices or whether the cement sector should be looking more at sustainable long-term fuel options. Coal prices cool Morgan Stanley reports that April's data of Newcastle and Atlantic Basin prices has seen thermal coal retreat by 23-30 per cent YoY, as evidenced by the key contract between global mining company Glencore and Japan's Tohoku Electric Power, end... |
SCG Cement signs deal for more solar power02 April 2019, Published under Cement NewsThailand’s SCG Cement has signed a memorandum of understanding with Constant Energy for the deployment of 50MW of solar plants, according to PV Tech. Franck Constant, CEO of Constant Energy, has stated that the various projects are likely to range from 1-5MW in size and that Constant Energy will be the 100 per cent investor. The project will include rooftop, ground-mounted and floating technology. The 50MW of solar power will be installed in multiple provinces of Thailand over a three-year ... |
Cementi Rossi’s ORC solution25 February 2019, Published under Cement NewsOrganic Rankine Cycle (ORC) technology for waste heat recovery is a widely-proven technology for cement factories. A new tailored, turnkey ORC unit for Italian producer Cementi Rossi will feed about 30 per cent of its Pederobba plant’s needs, with higher efficiency, improved safety and lower environmental impact in mind. By Exergy, Italy. Exergy has designed a customised and compact ORC solution to convert approximately 15MWth into 3.5MWe of electrical energy at Cementi Rossi’s Ped... |