Cement News tagged under: energy
Coal rally continues amid high European gas prices29 September 2021, Published under Cement NewsSince ICR’s most recent energy report , the coal rally continues, driven by high prices for gas and CO2 allowances in Europe. Coal prices for the 4Q22 are currently at US$163/t for API2 and US$159/t for API4 coal.CO2 allowances for December 2021 were valued at EUR60.00. Meanwhile, the price of Brent oil stood at US$75.25/barrel. With the supply of petcoke down after hurricanes, the petcoke illiquid market pushed higher. Petcoke prices for USGC 6.5 per cent reached US$122/t while the price... |
Coal rallies to 2009 highs – increased demand for petcoke as discounts widening – oil stable17 September 2021, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The euro tested the lower range but remains bound between US$1.17-1.20. Focus on signs of change in the Fed or ECB’s interest policies. Table 1: Prices at a glance Crude oil (US$/bbl) 72.50 Coal API2 – 4Q21 (US$) 163.00 API2 – Cal 2022 (US$) 124.00 API4 – 4Q21 (US$) 156.00 API4 – Cal 2022 (US$) ... |
The increasing trend in coal prices may hit Pakistan’s cement industry17 September 2021, Published under Cement NewsPakistan’s top cement manufacturers termed the growing trend in coal prices detrimental to the county's cement industry. Its negative impact may dent the cement companies' profitability in the second quarter of this year if remedial measures such as an increase in prices of cement bags and relief in other inputs costs are not allowed or eased immediately. The coal prices are hovering around US$170/t this month compared to US$75/t in July last year, reflecting a surge of 127 per cent ... |
Coal rally reaches 2011 highs while petcoke discounts up to 37%27 August 2021, Published under Cement NewsBy Brannvoll Aps, Denmark Following on from ICR’s most recent energy report , the coal rally has now reached levels comparable the highs of 2011, leading to more supply distortions. Petcoke FOB contracts are dragged up close to all-time highs with only a few deals available. Discounts for petcoke FOB (USGC 6.5 per cent, 40 HG/API 4) have increased to 37 per cent. However, freight rates have continued to climb, putting a lid on FOB prices to some extent. Additional context i... |
Sharp coal rally drives petcoke higher to widen discounts – new demand fears and OPEC+ agreement sent oil falling16 August 2021, Published under Cement NewsBy Brannvoll Aps, Denmark The euro is seen in the US$1.17-1.20 range with the US infrastructure package expected to support the dollar in the short-term. As forecast, inflation fears evaporated but the expected turn in commodities did not occur due to continued bottlenecks in the opening economies. Table 1: Prices at a glance Crude oil (US$/bbl) 69.25 Coal API2 – 4Q21 (US$) 132.00 API2 – Cal 2022 (U... |
Titan America’s energy drive18 May 2021, Published under Cement NewsTitan Florida has garnered the coveted ISO 50001 certification for its Pennsuco (PNS) plant – the second certification for Titan America’s two US cement plants. PNS is the largest cement facility in Florida and recognised as one of the most environmentally friendly and efficient plants in the US. The two Titan facilities are the only cement plants in America to have reached the signature achievement. By Titan America LLC, USA. The only two cement plants in the USA that are ISO 50001 c... |
ECEBOL signs contract for natural gas supply08 April 2021, Published under Cement NewsECEBOL's new plant in Potosí, Bolivia, is expected to be supplied with natural gas by Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) through an 8km pipeline that will connect YPFB’s Transporte system with the cement factory. ECEBOL and YPFB signed a contract guaranteeing the supply of 11.9MMcf of natural gas per day, which will be used to produce cement and clinker that will supply national and international demand. "We have been making progress with the connections to the differen... |
Angarskiy Cement Co begins work to improve energy supply31 December 2020, Published under Cement NewsRussia’s Angarskiy Cement Co, part of Siberian Cement Co, has begun works to improve its energy supply. As such, it has started the construction of a 335m cable overpass from its Tsemzavod substation to a transformer substation. The construction of the cable overpass is necessary for the restoration of the transformer substation, as its electrical equipment has reached end of life. The main part of the project is expected to be completed in February 2021 and commercial operation is schedul... |
Lucky Cement orders dual-fuel engines from Wärtsilä27 November 2020, Published under Cement NewsPakistan’s Lucky Cement has signed a contract with Wärtsilä for the supply of a combined cycle power plant with additional engine generating sets for its plant in Pezu, Khyber Pakhtunkhwa. The facility is already equipped with 10 dual-fuel engines, supplied by Wärtsilä. "With new cement lines installed, an additional three Wärtsilä 34DF dual-fuel engines, each with an output of 10MW, have been ordered to provide the additional power required for the power plant without grid connection," sa... |
Uzbekistan's Ministry of Energy denies reports about electricity supply26 November 2020, Published under Cement NewsThe Ministry of Energy of Uzbekistan has denied reports regarding the cessation of electricity supply to certain cement producers. According to the dispatch centre, the Akhangaran cement plant received 605,000kWh of electricity on 24 November. On average, this plant is supplied with 540,000kWh of electricity per day. Elsewhere, the Kuvasay cement plant consumes an average of 332,000kWh electricity per day. |