Indonesia: Semen Baturaja has signed a memorandum of understanding with Huadian Buket Asam Power. Under the agreement, the producer will supply the power company with limestone for its flue gas desulfurisation (FGD) process in exchange for fly ash, bottom ash and gypsum. The agreement will last two years until March 2023.
The cement producer’s managing director Sumsal Saifudin said, “This collaboration is a form of synergy between the two companies to improve competitiveness, which is much-needed in facing an increasingly competitive industrial environment, by taking advantage of opportunities for the creation of new revenue streams and cost transformation.”