Displaying items by tag: GCW543
JK Lakshmi Cement’s profit drops despite constant sales in third quarter of 2022 financial year
03 February 2022India: JK Lakshmi Cement recorded revenues of US$159m in the third quarter of its 2022 financial year, consistent with third-quarter levels in the 2021 financial year. Despite this, the company’s net profit declined by 42% year-on-year to US$7.91m from US$13.7m. Its operating costs grew by 4.6% to US$140m during the quarter.
Court permits Dalmia Cement (Bharat) to reopen Kadapa plant
03 February 2022India: Dalmia Cement (Bharat) has received clearance from the High Court of Andhra Pradesh to resume operations at its Kadapa cement plant. The producer had filed a writ against an order by the Andhra Pradesh Board Control Board (APPCB) to suspend production at the 2.5Mt/yr plant on 29 January 2021.
Dalmia Cement (Bharat) commissions 14.7MW solar power plant at Kapilas grinding plant
03 February 2022India: Dalmia Cement (Bharat) has commissioned a 14.7MW solar power plant at its 1.3Mt/yr Kapilas grinding plant in Odisha. The producer says that the new power plant multiplies its total solar power capacity in Cuttack District by six to 17.1MW from 2.4MW.
The company said "Furthering Dalmia Cement (Bharat)'s sustainability goal of becoming carbon negative by 2040, this initiative will enhance the plant's energy efficiencies."
Holcim partners with Engie and National Institute of Applied Sciences Lyon to develop cement-based energy storage
03 February 2022Switzerland/France: Holcim is collaborating with Engie and and the French National Institute of Applied Sciences (INSA) Lyon to develop a cement-based energy storage technology to serve as an alternative to batteries. The solution will use cement hydration to store heat as energy and release it when needed in an infinitely repeatable cycle. The partners say that it will make energy storage local, safe, affordable and recyclable.
Holcim’s head of global innovation Edelio Bermejo said "The world needs innovative solutions to accelerate our shift towards renewable energy generation, distribution and storage – all areas in which Holcim can play a big part. With this collaboration, we are moving energy storage forward, opening up a new range of solutions based on materials that are local and recyclable."