29 May 2019
Lafarge Canada to test carbon capture plans with Inventys and Total at Richmond cement plant 29 May 2019
Canada: Lafarge Canada plans to develop and demonstrate a full-cycle solution to capture and reuse CO2 from a cement plant. Project CO2MENT will demonstrate and evaluate Inventys' CO2 capture system and a selection of CO2 utilisation technologies at Lafarge's Richmond cement plant in British Colombia over the next four years. This project is being led by Inventys in partnership with Lafarge Canada and Total. It also received financial support from CCP (CO2 Capture Project), the Province of British Colombia and Canada's federal government through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).
"At Inventys, we see a real opportunity to build a CO2 marketplace where tonnes of CO2 are traded between emitters and users," said Inventys president and chief executive officer (CEO) Claude Letourneau.
Phase I of Project CO2MENT, the Contaminant Program, will attempt to reduce harmful organic and inorganic substances, such as sulphur dioxide, dust and soot, as well as nitrogen oxides, from cement flue gas. Phase II, the CO2 Capture Program, will separate the CO2 from flue gas using a customised-for-cement version of Inventys' carbon capture technology at pilot scale. Phase III, the CO2 Reuse Program, will prepare post-combustion CO2 for reuse and support the economical assessment and demonstration of CO2 conversion technologies onsite, such as CO2-injected concrete and fly ash.
Funding for the first two phases is complete and development of Phase I is underway. Phase I will begin operation in 2019 followed by Phase II and III in 2020.
Hong Leong Group offers to buy out Tasek 29 May 2019
Malaysia: Hong Leong Group has offered to buy out the minority shareholders in Tasek. The offer values the cement producer at around US$160m, according to the Star newspaper. Hong Leong Group is controlled by Quek Leng Chan who owns an 80% stake in Tasek through Hong Leong Asia. If the minority shareholders accept the offer the the cement producer could become a private company. Tasek operates a 2.3Mt/yr integrated plant in Perak state.
Bamburi Cement pays US$3m tax bill 29 May 2019
Kenya: Bamburi Cement has paid a US$3m settlement to the Kenya Revenue Authority in a long-running dispute. The figure is significantly less than the US$38.5m the tax authority originally demanded in 2012, according to the Business Daily newspaper. However, the cement producer still owes US$2.8m in penalties, although it has applied to have this waived.
Belarus/Moldova/Russia/Ukraine: Tariffs on on imported building materials from Belarus, Moldova and Russia imposed by the Ukrainian government will start on 26 June 2019, according to Interfax. The interdepartmental commission for international trade has set duties of 115% for goods originating in Russia, 57% for goods from Belarus and 94% for goods from Moldova.
Germany: Pollrich has acquired the fan product range and trademark of Rußwurm Ventilatoren. The latter company registered as insolvent in late 2018.
Following the takeover, Pollrich says it has become a leading supplier of heavy-duty industrial fans and has consolidated knowledge in the field. Customers will be able to continue to buy fans and spare parts for Ruwu and Meissner+Wurst products. Former company director Hans Jörg Rußwurm will remain the lead contact for queries regarding the takeover and the product range at a new sales office at Meitingen, Bavaria.
Australia: ThyssenKrupp Industrial Solutions has opened a new service centre in Brisbane. The US$0.7m centre will be used to support customers in the mining, cement and chemical industries. It includes office, warehouse and workshop space.
“This new facility enables us to co-locate our engineering and project staff with our service personnel. For our clients in the mining, cement and chemical industries this means they benefit from an integrated project life-cycle approach, incorporating the latest products and technologies. After having worked successfully with our customers in Australia for many years, this investment was a logical consequence”, says Andrew Howie, chief executive officer (CEO) of ThyssenKrupp Industrial Solutions Australia.
Canada: Sean Monkman, Senior Vice President of Technology Development at CarbonCure Technologies, has been named as Canada’s inaugural Mission Innovation Champion at the fourth annual Mission Innovation Summit (MI4) and 10th annual Clean Energy Ministerial (CEM10) summit hosted by Canada in Vancouver, British Colombia in late May 2019.
Mission Innovation, a global initiative involving 22 countries and the European Commission, has identified carbon capture utilisation and storage (CCUS) as one of eight Innovation Challenges that are key to achieving substantial emissions reductions. Mission Innovation Champions were selected from member countries to celebrate individuals with a track record of progressing creative new ideas that drive the pace and scale of the clean energy revolution.