
Displaying items by tag: Taiheiyo Cement
Japan: Taiheiyo Cement’s consolidated sales declined by 18% in its 2022 financial year, which ended on 31 March 2022, to US$5.51bn from US$6.72bn. The group’s net profit was US$225m, down by 38% from US$364m.
Nikkei Financial Summary News has reported that Japanese cement consumption was 37.9Mt in the 2022 financial year, down by 2% year-on-year.
US: CalPortland has converted production at the 1.3Mt/yr Mojave cement plant in California to its Advancement HS, a Portland limestone cement (PLC) product. The plant will reduce its CO2 emissions by 10% on a per ton basis. The company said the move supported the Portland Cement Association’s Roadmap to Carbon Neutrality and the industry’s overall efforts to address climate change.
Japan: Taiheiyo Cement has released its interim carbon neutral goals to 2030. The group intends to reduce its CO2 emission intensity across the entire supply chain by 20% or more compared to 2000. Total domestic CO2 emissions should be decreased by at least 40% compared to 2000. The company intends to invest US$820m towards these goals. Ultimately the cement producer wants to become carbon neutral by 2050.
US: The Environmental Protection Agency (EPA) has awarded its Energy Star certification to cement plants belonging to two Titan America subsidiaries. Titan Florida’s Pennsuco, Florida, cement plant has secured its 14th consecutive Energy Star, while Roanoke Cement’s Troutville, Virginia, cement has secured its 15th consecutive Energy Star.
Other cement plants to receive Energy Stars in 2022 included two Argos USA plants (Calera, Alabama, and Harleyville, South Carolina), two GCC plants (Pueblo, Colorado, and Rapid City, South Dakota), Buzzi Unicem’s Chattanooga, Tennessee, plant and three plants in Arizona: CalPortland’s Rillito plant, Drake Cement’s Paulden plant and Salt River Materials Group’s Clarkdale plant.
Taiheiyo Cement reports oil spill at Kamiiso Plant
15 March 2022Japan: Taiheiyo Cement says a marine oil spill took place at its Kamiiso Plant in Hokkaido on 11 March 2022. The spill was reported after a ship had finished unloading at the plant’s pier. The cement producer has apologised for the incident and is conducting an investigation.
Taiheiyo Cement’s sales and profit decline in first nine months of 2022 financial year
08 February 2022Japan: Taiheiyo Cement recorded consolidated sales of US$4.57bn in the first nine months of the 2022 financial year, down by 24% year-on-year from US$5.65bn in the corresponding period of the 2021 financial year. The group’s net profit in the period was US$256m, down by 20% year-on-year from US$322m. Dow Jones Institutional Newswires has reported that the producer forecast full-year sales in the 2022 financial year of US$6.15bn and a net profit of US$294m.
Taiheiyo Cement to participate in CCUS study
14 December 2021Japan: Taiheiyo Cement is among 13 participant companies whose proposed carbon capture, utilisation and storage (CCUS) demonstration hub has received approval to proceed with funding from the Japan Ministry of the Environment. Nikkei Business Trends News has reported that Toshiba Energy Systems and Solutions, Uyeno Transtech, JGC, Chiyoda, Taisei Corporation, the University of Tokyo, Kyushu University, Japan NUS, the National Institute of Advanced Industrial Science and Technology and QJ Science also collaborated in the development of the CCUS system. The trial will begin in early 2022 and conclude in the 2025 financial year.
Japan: Taiheiyo Cement and the University of Tokyo have patented a carbon capture system based on a new carbon fixation method. The method passes CO2-bearing gas over 40mm granules of a hardened cementitious material at 75 - 100°C. The granules then fix the CO2 from the stream to themselves, for utilisation or storage.
Japan: Taiheiyo Cement plans to secure a captive power supply for its Saitama cement plant through the installation of a new gas-powered generator. The company says that electricity from the generator will replace purchased energy in the plant's operations. It is also in the process of constructing a new waste heat recovery (WHR) power unit at the facility. Taiheiyo Cement claims that both upgrades will result in a 62,000t/yr reduction in operations' CO2 footprint. Construction is due to commence before 2022 in order for the producer to commission the new equipment in mid-to-late 2023.
Saitama cement plant's former coal and woodchip-powered generator exploded in April 2021. The producer said that work is on-going to prevent the incident's recurrence by investigating the causes of the accident and formulating preventative measures.
Japan: Taiheiyo Cement has revealed that a weakness in an evaporator tube in a fluidised bed heat exchanger in a captive power plant was the cause of an explosion that took place at its Hidaka cement plant in April 2021. It said that inspections had been carried out annually but that it was difficult to detect defects visually. The company has apologised for the incident. It says it will make changes including a review of inspection standards, including more personnel in the process, improved information sharing and starting regular training on the issue. These changes will be implemented across all of the company’s plants.
The 50,000kW circulating fluidised bed (CFB) boiler was supplied by Mitsubishi Heavy Industries and commissioned in 1996. It ran on coal, wood chips and refuse-derived fuel. No blame for the explosion has been attributed to the manufacturer.
The explosion took place in the evening of 27 April 2021. No major injuries were sustained. However, 40 vehicles parked outside a Pachinko gambling parlour near the plant were damaged. Scattered debris was noted nearby and ash was reported up to 5km from the cement plant.