Cement News tagged under: fuel oil
IMO 2020 rules – likely to be blessings for cement industry in Pakistan20 February 2020, Published under Cement NewsPakistan's cement industry is likely benefit from competitive furnace oil instead of the more costly re-gasified liquefied natural gs (RLNG) for power generation, if it is allowed in the backdrop of IMO 2020 rules, which discourages use of high-sulphur fuel oil in shipping industry. According to a report of local research house, furnace oil (FO) prices is experiencing downward trend due to IMO 2020 – that has come into effect recently – and that requires tougher regulations on sulphur emi... |
Nigeria: fuel shortages hit cement output16 February 2017, Published under Cement NewsShortages of oil and natural gas have caused cement producers in Nigeria to cut output, with some plants having to close temporarily, reports the Vanguard newspaper. The declining availability of natural gas, low-pour fuel oil and (LPFO), automotive gas oil (AGO) has led to a reduction in cement manufacturing as firms struggle to find sufficient fuel to support normal operations. Dangote, Nigeria’s largest producer, said that its fuel costs rose US$14.40/t in 2016 and that it was conve... |
Egypt: gas supplies to cement plants replaced by fuel oil13 January 2015, Published under Cement NewsEgypt’s decreased gas output is further squeezing fuel supplies to the country’s cement factories. The Egyptian Gas Holding Co (EGAS) has halted gas supplies to cement plants and redirected them to power plants, Daily News (Egypt) reports. The Al-Qatameya, Helwan and Al-Qawmeya plants have been exempted from the gas cuts as they are directly connected to the Abu Gharadiq gas field, according to the report. Their total gas consumption is 61 cubic feet/day. The cement industry’s total gas co... |
Paraguay: INC back in profit, says company president24 March 2014, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) is yielding profits again, according to its president Jorge Méndez Cuevas, although the company remains US$60m in debt. “INC’s average monthly losses totalled nearly PYG4.5bn (US$1.017m). From September 2013, we started to yield positive results. That month posted a net profit of PYG1.43m, in October PYG955m, in November PYG1.03bn, in December PYG4bn and in January this year PYG1.283bn. We currently have a record PYG88bn in the treasury and ... |
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