Displaying items by tag: Canada

Canada: The federal carbon tax, set to increase to US$37.64/t in 2022 from C$15.06/t as of January 2019, may drive Canadian businesses abroad to polities with less stringent climate laws, most notably the US. The Fraser Institute, an independent, non-partisan public policy think-tank, has named cement and concrete product manufacturing amongst the 13 industries most heavily affected, with a forecasted rise in production costs of 2.69%.

Canada: Lafarge Canada has launched the first phase of its CO₂MENT project. The objective is to build a full-cycle solution to capture and reuse CO₂ from a cement plant. The project is a partnership between Lafarge Canada, Inventys and Total.

“LafargeHolcim is committed to reducing CO₂ emissions and we are excited to join forces with Inventys and Total through Project CO₂MENT. We hope to discover ways to capture emissions from our production processes and reuse them in our products, advancing a circular economy even further than today. The recent launch of the new lower carbon fuel (LCF) system at our Richmond plant aims to make the facility the most carbon efficient cement plant in Canada,” said René Thibault, Region Head North America for LafargeHolcim.

Over the next four years, Project CO₂MENT will demonstrate and evaluate Inventys’ CO₂ Capture System and a selection of LafargeHolcim’s carbon utilization technologies at its Richmond cement plant in British Columbia. The project has three phases and is expected to be fully operational by the end of 2020. Subject to the pilot’s success, the vision is to scale up the project and explore how the facility can be replicated across other LafargeHolcim plants.

During the first phase the partners will work on purifying the cement flue gas in preparation for CO₂ capture. The second phase will focus on the separation of CO₂ from flue gas using a customised for cement version of Inventys’ carbon capture technology at pilot scale. As part of the final phase, the captured CO₂ will be prepared for reuse and support the economical assessment and demonstration of CO₂ conversion technologies onsite, such as CO₂ injected concrete and fly ash.

Canada: McInnis Cement has closed a US$380m refinancing deal. US$230m will be provided by an increase McInnis Cement’s senior loan from a syndicate of 11 Canadian and international banks and the remaining US$150m comes in the form of a loan by the Caisse de dépôt et placement du Québec (CDPQ) and Beaudier. This refinancing also makes it possible to repay a bridge loan granted by BlackRock in 2016.

The cement producer also provided details on various projects it is undertaking. Two new cement silos will be built at the company’s integrated cement plant at Port-Daniel–Gascons. Nearly 200 workers will be mobilized on the site during the peak construction period of the two silos, during the autumn of 2019.

Its Bronx Terminal in New York, US has doubled its loading capacity for customers. A second truck-loading lane is now fully operational. A new 40,000t warehouse is currently under construction at its Providence Terminal in Rhode Island, US bringing the total storage capacity to 75,000t. A new truck-loading lane will also be added and commissioned in time for the 2020 spring construction season. McInnis Cement has also confirmed the charter of the NACC New Yorker, a 24,000t self-unloading vessel, in conjunction with Nova Marina Carriers. It will join other vessels in its fleet including the NACC Quebec (14,000t), the Cielo di Gaspesie (35,000t) and the Resolute unloading barge.

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.

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.

Canada: Lafarge Canada has appointed David Redfern as the chief executive officer (CEO) of its Eastern Canada operations. Previously Product Line General Manager for Western Canada Aggregates and the Greater Vancouver area, Redfern joined LafargeHolcim in 1999 and has held numerous roles of increasing responsibility throughout Canada and France. He holds more than 25 years of experience in the construction materials business.

Redfern received his Bachelor of Political Science degree from Queen's University in Kingston. He also holds certificates of achievement from Duke University, INSEAD and the University of Toronto. He is a Board member of the National Zero Waste Council and Business Council of British Columbia.

Canada: The Caisse de dépôt et placement du Québec (CDPQ) says it no longer wants to sell its majority stake in McInnis Cement. CDPQ’s chief executive officer (CEO) said that the pension and insurance fund is ‘convinced’ of the potential the company, according to the Journal de Quebec newspaper. The company hired consultants in 2018 to look at a potential sale.

US/Canada: Terex says that its Terex Washing Systems (TWS) brand is investing in its North American sales and operational teams. Following the spend it will have 20 regional partners via 50 service depots, 60 mobile trucks and 100 technicians in the region.

“Our new enhanced levels of sales and service and support will build upon momentum gained in recent years as we continue to focus on serving customers, with world-class washing equipment solutions that add commercial value to their operations,” said TWS’ director Oliver Donnelly.

TWS manufactures products for the mineral washing sector for aggregate, recycling, mining and industrial sand industries.

Canada: Germany’s Menzel Elektromotoren has supplied a spare motor for a cement plant in Canada. A new slipping motor was required to replace three existing crusher motors in case of a failure. Due to tight space restrictions Menzel's project manager took the measurements in Canada personally. A 4.5MW motor was selected from stock, an extended shaft was built and adapter plates were fitted with mounting holes for all three locations as well as brackets for plug and play mounting of vibration sensors for condition monitoring. In addition, the terminal box was fitted with long feeder cables to facilitate the third-party connecting-up.

The German motor manufacturer supplies electric motors to end-users. It is also a supplier and partner of drive manufacturers, distributors and maintenance companies.

More details from HeidelbergCement this week on its divestment strategy. It has sold its half-share in Ciment Québec in Canada and a minority share in a company in Syria. A closed cement plant in Egypt is being sold and it is working on divesting its business in Ukraine. Altogether these four sales will generate Euro150m for the group. Chairman Bernd Scheifele said that the company expects to rake in Euro500m from asset sales in 2018. It has a target of Euro1.5bn by the end of 2020.

In purely cement terms that is something like seven integrated plants. So the usual game follows of considering what assets HeidelbergCement might consider selling. The group offered a few clues in a presentation that Scheifele was due to give earlier this week at the Commerzbank German Investment Seminar in New York.

First of all the producer said that it was hopeful for 2019 due to limited energy cost inflation, better weather in the US, the Indonesian market turning, general margin improvement actions and sustained price rises in Europe. It then said that its divestments would focus on three main categories: non-core business, weak market positions and idle assets. The first covers sectors outside of the trio of cement, aggregates and ready-mix concrete. Things like white cement plants or sand lime brick production. Countries or areas it identified it had already executed divestments in included Saudi Arabia, Georgia, Syria and Quebec in Canada. Idle assets included depleted quarries and land.

The first obvious candidate for divestment could be the company’s two majority owned integrated plants in the Democratic Republic of Congo. These might be considered targets due to the political instability in the country. However, this is balanced by the potential long-term gains once that country stabilises. Alternatively, some of the plants in Italy seem like a target. The company had seven integrated plants, eight grinding plants and one terminal in 2018.

The presentation also pointed out the sharp rise in European Union (EU) Emissions Trading Scheme (ETS) CO₂ emissions allowances, from around Euro5/t in 2017 to up to Euro20/t by the end of 2018. In late 2018 Cementa, a subsidiary of HeidelbergCement in Sweden, said it was considering closing Degerhamn plant due to mounting environmental costs. The group reckons it can fight a high carbon price through consolidation, capacity closure, higher utilisation, limited exports and pricing. It also pointed out that it is a technology leader in carbon reduction projects. It will be interesting to see how environmental costs play into HeidelbergCement’s divestment decisions.

Finally, a tweet by Sasja Beslik, the head of sustainable finance at Nordea, flagged up a few cement companies as being the worst companies for increasing CO₂ emissions between 2011 and 2016. HeidelbergCement was 19th on the list after LafargeHolcim and CRH. Sure, cement production makes CO₂ but it’s far from clear whether the data from MSCI took into account that each of these companies had expanded heavily during this time. In HeidelbergCement’s case it bought Italcementi in 2016. Cement companies aren’t perfect but sometimes there’s just no justice.