Displaying items by tag: Electricity

Spain: Capital Energy has won a contract to supply renewable energy to Cementos Alfa’s Mataporquera cement plant in Cantabria. The energy company will supply 80,000MWh/yr to the subsidiary of Cementos Portland Valderrivas under the contract, initially from five local wind farms. The contract takes the form of long-term power purchase agreement (PPA), under a self-consumption scheme with surpluses.

UK: The UK Department for Transport has awarded Cemex UK a grant of just under Euro2m to build a shore power system for its maritime logistics operations at Shoreham Port in West Sussex. The system will enable the company to eliminate on-board diesel engine use during marine aggregate discharges. It will incorporate battery energy storage and solar power generation to provide constant power, whilst simulating fluctuating power demands. Cemex UK will now work with automation specialist Iconsys and the University of Warwick to deploy a demonstration system, which will run from April 2024 until April 2025.

Cemex West Europe materials operational excellence and business development director Laurence Dagley said "Our initial feasibility study for this shore power system identified an opportunity to save a significant amount of CO₂ during each dredger discharge, while also improving local air quality at the port itself. We are, therefore, pleased to have received this funding to progress to the next stage of the project and undertake on-site demonstration."

US: Monarch Cement and Evergy Energy Solutions plan to build a 20MW solar project in Humboldt, Kansas. The project is scheduled to commence in early 2024, and will serve as a ‘benchmark for integrating renewable energy in business operations,’ according to the partners.

Monarch Cement president Kent Webber said “The board of directors and management of Monarch Cement are extremely excited about this win-win venture, where we are making a giant movement toward achieving our 2050 carbon neutrality goals, being socially responsible and providing a more than significant return on investment to our shareholders." He added "Evergy Energy Solutions has done an incredible job of leading and providing solutions at every obstacle. We couldn't be happier with Evergy Energy Solutions’ performance, professionalism and command of the subject."

India: Sagar Cements recorded sales of US$80.5m in the third quarter of the 2024 financial year, up by 16% year-on-year from US$69.3m during the corresponding quarter of the previous financial year. Cement sales volumes rose by 14% year-on-year. The Hindu BusinessLine News has reported that the growth allowed Sagar Cements to reduce its net losses by 57%, to US$1.22m.

Managing director Sreekanth Reddy said “Favourable prices prevailed in our key markets. As far as EBITDA and margins are concerned, we observed a significant enhancement on a per-tonne basis, consistent with our earlier projections.” Reddy added “We anticipate this positive trend to persist in the future, supported in part by higher utilisation levels of recently-acquired units and strategic initiatives aimed at promoting the use of green power, alternative fuels and the deployment of electric trucks and wheel loaders.”

Saudi Arabia: Najran Cement has informed investors via a posting on the Saudi Exchange that it expects its cost of sales to rise by 13%. This is due to an increase in the price of fuels by its supplier Saudi Aramco. The cement producer noted that the waste heat recovery (WHR) system installed at its Najran cement plant has partly reduced the anticipated impacts on costs.

Najran Cement said “The company will work during the coming period to explore ways to reduce the financial impact of this adjustment on the company’s profits and will continue to implement its plans to reduce costs and improve production and operating efficiency. It will also work with government agencies to explore ways to diversify energy sources.”

Brazil: Votorantim Cimentos and Atlas Renewable Energy have launched a joint venture to build a 470MW solar power plant in Paracatu, Minas Gerais. Additionally, the parties signed a power purchase agreement (PPA) for the supply of 100GWh/yr of solar energy for Votorantim Cimentos' cement plants between 2026 and 2041. The moves align with the producer’s aim to achieve 75% renewable energy reliance in its operations.

Iraq: Al-Riyadh Investment Companies Group subsidiary Al-Douh Iraqi Company for Cement Industries plans to expand its Al Douh cement plant’s capacity by 58% to 3Mt/yr. The expansion is part of an upgrade involving the installation of a new kiln, a gas-fired captive power plant and a new waste heat recovery (WHR) plant. The WHR plant will provide 30% of the plant’s energy. The US-based International Finance Corporation (IFC) has loaned Al-Douh Iraqi Company for Cement Industries US$130m on a long-term basis for the project.

The IFC says that it expects the Al Douh cement plant expansion to help boost economic diversification, spur sustainable growth in Iraq and generate 2700 new jobs in Muthanna Governorate.

India: UltraTech Cement has concluded a deal to acquire a 26% stake in renewable energy provider Amplus Ages. ET Infra News has reported the value of the deal as US$5.91m. The parties expect the deal to complete within 180 days of its execution.

The cement producer, a subsidiary of Aditya Birla, said "The acquisition is for the purposes of meeting the company's green energy needs, optimising energy costs and complying with regulatory requirements for captive power consumption."

India: JSW Cement has appointed Finland-based Coolbrook to install its RotoDynamic Heater electric kiln technology at the Vijayagar steel works and slag and cement grinding plant in Karnataka. Press Trust of India News has reported that the partners expect the technology to reduce the CO₂ emissions of the plant’s slag cement.

Read about the applications for the RotoDynamic Heater in cement production in this Global Cement interview with Coolbrook CEO Joonas Rauramo.

Zimbabwe: Labenmon Investments and China-based West International Holding have partnered for the construction of the planned US$1bn Magunje cement plant in Mashonaland West. The plant will have an integrated capacity of 900,000t/yr, and additional clinker capacity of 1.8Mt/yr. The Zimbabwe Mail newspaper has reported that it will also be equipped with 100MW captive power plant. Construction of a building materials production complex in neighbouring Karoi will commence in parallel with the Magunje cement plant project. Construction of the Magunje plant will generate 5000 jobs in the local area, according to West International Holding. The partners expect the plant, when operational, to help to close a local supply gap.