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India: Shree Cement is planning to launch three projects with a total value of US$646m. The Press Trust of India newspaper has reported that US$476m-worth of the sum will go towards establishing a new 3.8Mt/yr integrated cement plant at Nawalgarh in Rajasthan’s Jhunjhunu district. The producer will invest a further US$102m in establishing a grinding plant in Purulia district, West Bengal, to take advantage of ‘favourable’ demand. Lastly, it will invest US$68m in installing solar power plants at ‘various’ cement plants across India.
Shree Cement said “The company has committed to maximising the use of clean energy in its operations. Setting up of the above solar power plants will enhance the proportion of clean energy usage in the total energy consumption of the company.”
Suez Cement to invest US$20m in waste heat recovery system 15 September 2021
Egypt: Suez Cement is planning to invest US$20m on an 18MW waste heat recovery unit at its integrated Helwan plant. The subsidiary of Germany-based HeidelbergCement started the project in mid-2021 and expects to complete it by the end of 2022. It is currently negotiating with suppliers and hopes to appoint one soon with construction scheduled for 2022.
DG Khan records profit after tax in 2021 financial year 15 September 2021
Pakistan: DG Khan’s full-year profit after tax was US$22.1m in the 2021 financial year, which ended on 30 June 2021. The Dawn newspaper has reported that the company recorded a loss of US$29.2m in the 2020 financial year.
LafargeHolcim US to convert Midlothian plant to Portland Limestone Cement production 15 September 2021
US: LafargeHolcim US says that the integrated 2Mt/yr Midlothian plant in Texas will become the first cement plant in the country to fully convert to Portland Limestone Cement (PLC) production. The unit will switch to producing the company’s OneCem product, a blended cement manufactured with up to 15% of finely ground limestone. The move is intended to help LafargeHolcim US and its customers meet sustainable construction goals and lower carbon emissions.
“This is an important, but not unique, step for us. We were the first to produce OneCem, a PLC product, in one of the fastest-growing metro areas in the country, and fuel our industry’s step towards a zero carbon future,” said Patrick Cleary, senior vice president of sales, LafargeHolcim US Cement.
The company is promoting OneCem as an alternative to Ordinary Portland Cement in terms of concrete workability, set time, durability and strength development. It can be incorporated into a broad spectrum of applications that will support foundational structures. The product is available in the Western and Southern regions of the US and the company plans to ‘rapidly’ expand production.
Carbon Direct buys 7% stake in Calix for US$17.7m 15 September 2021
Australia: US-based Carbon Direct has bought a 7% stake in Calix. Reuters News has reported the value of the stake as US$17.7m. Reuters News has reported that Calix plans to use the proceeds to scale up its carbon capture and storage (CCS) technology, as demonstrated at the LEILAC and LEILAC 2 installations at Lixhe, Belgium, and Hanover, Germany.
Calix chief executive officer Phil Hodgson said "As the world puts emissions trading schemes in place, CCS does start to look like a multibillion dollar addressable market.”