Cement News tagged under: fossil fuel

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Coal India to supply cement industry through e-auctions

07 August 2018, Published under Cement News

Coal India will supply 4.65Mta to the cement industry for five years through e-auctions starting on Tuesday, according to a senior executive at the company. Of the 4.65Mt on offer annually, 1.14Mt can be procured each year through the railways, while the rest would be supplied through roadways. The company recently held an auction for 7Mt of coal for sponge iron firms and received bids that were 39 per cent higher than the notified price for the non-power sector. The company expects si...

Irish Cement receives approval to replace fossil fuels

16 April 2018, Published under Cement News

Irish Cement has received permission from An Bord Pleanála to replace fossil fuels at its facilities in Mungret, Limerick, and Platin, Co Meath. The Mungret decision has been criticised by Limerick Against Pollution (LAP), according to The Irish Times. The environmental group has been critical of the plant’s environmental record and the proposal to burn used tyres. However, the EUR10m project received permission from the Limerick City and County Council to proceed. An Bord Pleanála no...

Egypt: manufacturers encouraged to increase AF use

14 October 2016, Published under Cement News

The Minister of Industry and Foreign Trade, Tarek Qabil, announced that the industry has completed a study on the use on alternative fuel sources to fossil fuels in Egyptian cement plants. Mr Qabil said that the ministry plans to boost cement factories’ reliance on alternative fuel sources such as coal by 6.4-30 per cent within the next 5-10 years. He went on to say that the total coal needs of the country’s cement plants are expected to reach 9.7Mta by 2025. Increasing the use of alterna...

Demand for fossil fuels set to decline as investors consider world’s fuel choices at COP21

02 December 2015, Published under Cement News

As the word’s decision makers are preparing to gather at the COP21 climate talks in Paris, investors consider the long-term prospects and risks of the fuel choice made in power generation and other industries. Allianz, Europe’s biggest insurer, has said in support to COP21 that it will reduce its coal investments and double its renewables spending from about EUR2bn (US$2.1bn). The move is to “send a signal to our branch and to capital markets,” said Allianz’s chief investment officer, Andr...