03 October 2024
ABB to collaborate with Carbon Re on cement decarbonisation 03 October 2024
Switzerland: ABB has entered into a memorandum of understanding with UK-based climate tech company Carbon Re, to explore integrated solutions aimed at accelerating the decarbonisation of cement production while improving productivity. The collaboration will reportedly combine ABB's expertise in automation and process control with Carbon Re's AI and machine learning technologies. The partnership follows a successful pilot at a cement plant in the Czech Republic, where ABB plans to augment its ‘Ability Expert Optimizer’ solution with Carbon Re's AI platform. This integration is expected to automate and optimise plant conditions, potentially reducing specific energy consumption by up to 5% and increasing alternative fuel use by 50% by maintaining optimal kiln conditions.
CEO at Carbon Re, Josh Vernon, said “At Carbon Re we are accelerating industrial decarbonisation through the use of cutting-edge AI – our models have demonstrated that AI can find efficiencies within the complex chemical processes of material production, especially cement.”
Global portfolio manager for Business Line Digital, ABB Process Industries, Tyron Vardy said “Driving down the emissions of cement production is a pressing priority for the industry. Our collaboration with Carbon Re will bring us closer to achieving this. Enhanced by cloud-based AI technology, our decision support software will be able to help customers enhance and improve the efficiency of their systems faster than ever before.”
Kaspi cement plant in Georgia to use tyres as alternative fuel 03 October 2024
Georgia: Hunnewell Cement, a subsidiary of HeidelbergCement Georgia, has launched a new project to use tyres as an alternative fuel at its Kaspi cement plant, with support from the Georgian government. The project has a budget of US$2.1m, and is expected to create additional job opportunities. It marks a shift from the use of coal and natural gas at the plant, to ‘significantly’ reduce environmental impact and contribute to sustainable development.
Economy minister Levan Davitashvili said "Our goal is to minimise environmental pollution from ‘waste’ while promoting economic development and creating added value.”
India: Orissa Bengal Carrier has entered into a three-month contract to transport coal and petcoke for Shiva Cement, a subsidiary of JSW Cement, effective until 31 December 2024. The company has not disclosed the value of the contract.
Dewan Cement releases 2024 quarterly results 03 October 2024
Pakistan: Dewan Cement reported a profit after tax of US$329,000 for the quarter ending June 2024, marking a 47% year-on-year decline compared to US$619,000 earned in the same period in 2023. Despite a significant improvement in gross margins, the company recorded a net loss of US$1.83m for the full financial year 2024, slightly less than the US$2.11m loss in the financial year 2023. Quarterly sales rose by 3.4% to US$19.14m, with gross profit increasing significantly by 106.5% to US$1.06m in the quarter.