Cement News tagged under: energy
Holcim-ENGIE-INSA Lyon form partnership for energy storage solution07 February 2022, Published under Cement NewsHolcim is developing a breakthrough energy storage technology together with INSA Lyon and ENGIE's Corporate Research Center, ENGIE Lab CRIGEN, to serve as an alternative to batteries . The solution is based on cement hydration, storing heat as energy and releasing it when needed in an infinitely repeatable cycle. This next-generation approach offers an alternative to conventional batteries that is local, safe, affordable and recyclable, claims Holcim. Edelio Bermejo, head of global... |
Ukraine-Russia tension lifts oil, gas and coal prices while petcoke discounts improve rapidly04 February 2022, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the geopolitical risk relating to Ukraine-Russia tension has lifted oil, gas and coal prices. The Indonesian exports, which results in taking out 25Mt of coal from the export market. In China prices continue to settle under the maximum level set by the NDRC. High-sulphur (6.5%, 40HGI) FOB petcoke price, historical view 2006-22 With coal prices higher again, petcoke is seen stabilising with ... |
Oil back to US$80 while Indonesian export ban supports coal – petcoke steady in low December trading27 January 2022, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The euro was stable between US$1.12-1.14 despite the US Federal Reserve focussing on higher yields in 2022. A range of US$1.12-1.16 can be expected in the next few months, still looking towards US$1.18 later in the year. The Turkish lira collapsed to TRY18.40, before new strict curbs forced it back to TRY10.50. Still under pressure from negative real interest, the lira has softened to TRY13.80. Table 1: Prices at a glance ... |
Coal stabilising while petcoke continues lower30 December 2021, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the price of coal has stabilised and started to move higher after sharp falls in November. China is still keeping a lid on prices, but as prices of gas in Europe are moving higher, new use of coal is dragged up. High-sulphur (6.5%, 40HGI) FOB petcoke price, historical view 2005-21 Meanwhile, petcoke continues lower but is slow based on indexation. Discounts are back, increasing the demand f... |
After sharp falls in oil and coal, Omicron fears fading – petcoke down but with coal slowly higher, discounts return to positive17 December 2021, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The euro broke lower due to hawkish talk from the US Federal Reserve of higher yields in 2022. There is a range of US$1.12-1.16 expected in 2022, but the euro is likely move towards US$1.18. The Turkish lira saw a 47 per cent collapse from TRY9.75 to TRY14.40 in four weeks due to the new policy of negative real rates, making fuels substantially more expensive for Turkish cement makers. Table 1: Prices at a glance ... |
How energy reforms could impact Mexico's cement industry26 November 2021, Published under Cement NewsThis 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 (AMLO), introduced the prospect of sweeping energy reforms earlier this year. The move would see state control of the energy market substantially increase. The state-owned Comision Federal de Electricidad (CFE) would generate 54 per of consumed electricity, while private companies would be able to produce the remainin... |
Petcoke prices fall while coal sees upward movement23 November 2021, Published under Cement NewsFollowing on from ICR’s most recent energy report , the price of Brent oil fell to US$78.50. The API2 1Q22 contract edged up to US$129.00 while the API4 1Q22 price increased to US125.00. Petcoke prices are finally moving down but this is slow based on indexation. The price of 6.5 per cent sulphur petcoke USGC FOB declined from US$154.00 to US$148.00 while the CFR ARA price fell from US$188.00 to US$176.50. Steam coal and petcoke FOB prices - historical view 2005-21 Coal switc... |
Coal sharply lower after Chinese price intervention, petcoke discounts turn negative as petcoke price remains stable19 November 2021, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The euro holding tight US$1.15-1.17 trading range in the wider US$1.15-1.20 range. Table 1: Prices at a glance Crude oil (US$/bbl) 83.25 Coal API2 – 1Q22 (US$) 125.00 API2 – Cal 2022 (US$) 125.00 API4 – 1Q22 (US$) 122.00 API4 – Cal 2022 (US$) 105.00 Petcoke USGC 4.5% 40 HGI ... |
Petcoke market stable, but coal to see return to normality?29 October 2021, Published under Cement NewsFollowing on from ICR’s most recent energy report , the coal rally was at an all-time high but is now experiencing a sharp retracement down due to demand destruction and forecasts of a warmer winter. It remains to be seen whether there are upside risks or whether there will be a correction to return to “normality”. Meanwhile, the petcoke market is steady due to increased demand from India and Turkey, based on discounts. The discount for petcoke FOB 6.5 per cent sulphur when compared with... |
Guangdong Tapai Group announces impact of energy regulation plans11 October 2021, Published under Cement NewsChina’s Guangdong Tapai Group Co has announced the expected impact on its operations of the local government’s plan to regulate energy consumption in 2021. The energy consumption control requirements of key energy-consuming units reportedly ensure that consumption in 2021 will not exceed the control amount issued for the year. As a result of the policy, the production capacity of its Jinta, Xinda and Huizhou units of the company’s Jiaoling Branch and its subsidiaries will be affected. Cemen... |