02 September 2014
ARVOS Group becomes a standalone corporation from Alstom with Triton as new shareholder 02 September 2014
Germany: ARVOS Group, the former Alstom Auxiliary Components business, has become a standalone corporation with Triton as its new shareholder. ARVOS Group is a global manufacturer of regenerative heat exchangers for thermal power generation facilities, process critical applications in the chemical and petrochemical industry and grinding mills. Over the course of the transition, the company's headquarters will be relocated from Mannheim, Germany to Heidelberg, Germany.
"As a standalone company, we are able to focus more effectively on strengthening our global market and technology leadership position in order to enhance thermal power plants through sustainable energy efficiency and the chemical industry through innovation," said ARVOS Group CEO, Thorsten Holl.
Details of Cemex’s new Colombian cement plant revealed 02 September 2014
Colombia: The president of Cemex Colombia, Carlos Jacks, has provided details of the US$340m plant the company plans to build in Maceo, Antioquia Department. The plant will be the first that Cemex constructs entirely from scratch outside of Mexico; in the past it has simply expanded existing plants abroad. The plant will increase Cemex's Colombian production capacity from 4.50Mt/yr to 5.50Mt/yr.
The plant will be able to use 50% of alternative fuels, either biomass or tyre residue, although initially the plant will use coal. Maceo has been chosen due to its central location in reference to the Prosperidad roads, which will connect it well with the rest of the country.
The plant has great potential due to the 4G road projects, which require US$26bn of investments from 2016. As cement makes up 10% of the investment costs, this means US$520m will be spent on 2Mt of cement each year. When combined with Colombia's established cement market, demand in the country will reach around 14Mt/yr.
Italcementi’s ItalGen to produce 200MW from wind energy 02 September 2014
Egypt: An official source in Egypt's Ministry of Electricity revealed that ItalGen, one of Italcementi Group affiliates, plans to build a 200MW wind power plant to increase its production capacity to 320MW. The plant will cost around US$220m. The project will be the first privately-built wind power plant to supply energy to plants of Suez Cement, an Italcementi subsidiary. Production capacity for the first phase would be 120MW, which would increase to 400MW in the future.