Displaying items by tag: Waste Heat Recovery

India: ACC recorded sales of US$559m in the first quarter of the 2023 financial year. The figure corresponds to a 15% year-on-year rise from US$486m in the first quarter of the 2022 financial year. The company's cement sales during the quarter rose by 13% to US$520m from US$460m. Its net profit was US$28.5m, down by 60% year-on-year.

Press Trust of India News has reported that ACC attributed the profit drop to 'rising global fuel costs and related inflationary impacts.' It said that waste heat recovery (WHR) installations at its Jamul, Kymore and Ametha cement plants will increase its renewable energy share to 15%, 'further accelerating the cost reduction journey.'

Egypt: Korra Energi has been awarded a contract to build a 20MW waste heat recovery (WHR) unit at Suez Cement’s Helwan plant. The WHR unit will serve both of the plant’s two production lines. Korra Energi says it will be the first WHR project for a cement company in the country. Korra Energi is an Egypt-based engineering company and a subsidiary of conglomerate Korra.

Pakistan: DG Khan Cement has despatched a shipment of 50,000t of cement for Houston, US, from Karachi. The Balochistan Times newspaper has reported that the shipment is the first of 12 consignments of the same size under an order for 600,000t of low-alkali cement. If successful, the order may double to 1.2Mt. The producer is using jumbo bags to transport the product on its 42-day journey overseas.

Marketing director Fareed Afzal said that Pakistani businesses need to diversify their export markets and strengthen foreign currency reserves. He added that DG Khan Cement continues to reduce its products' carbon footprints by using renewable energy, waste heat recovery (WHR) and alternate fuels (AF).

Pakistan: Fauji Cement says that its sustainability initiatives across its three cement plants reduced CO₂ emissions by 215,000t in the 2022 financial year. The Pakistan Today newspaper has reported that clinker factor reduction in reduced-CO₂ products such as Askari Green cement and Pamir cement eliminated 89,900t-worth of emissions, 42% of total reductions. Waste heat recovery (WHR) plants eliminated 79,400t of emissions (37%), solar power plants eliminated 31,500t (15%), alternative fuel (AF) substitution eliminated 8030t (3.5%) and reforestation eliminated 600t (2.5%).

India: Shree Digvijay Cement plans to more than double the capacity of its Digvijaygram cement plant in Gujarat’s Jamnagar District to 3Mt/yr from 1.2Mt/yr. Projects Today News has reported that the project will begin by mid-2023, and will also include the establishment of a waste heat recovery (WHR) plant.

Germany: Cemex has inaugurated the Carbon Neutral Alliance at its integrated Rüdersdorf cement plant. The initiative is intended to accelerate the development of the site into the world’s first carbon-neutral cement facility by 2030. Jörg Steinbach, Brandenburg’s Minister of the Economy, Fernando A Gonzalez, the chief executive officer of Cemex, the Mexican ambassador to Germany and representatives from Sasol attended the event.

The Carbon Neutral Alliance comprises a network of over 20 private and public organisations, dedicated to industrial decarbonisation. Among the technologies being introduced at Rüdersdorf include a waste heat recovery project scheduled for the summer of 2022, the development of renewable energy generation and a scheme to produce aviation fuel onsite in coordination with Sasol and Enertrag.

In 2020 Cemex announced its decarbonisation target of reducing its CO₂ emissions by 40% by 2030 compared to 1990 levels. This target is expected to be achieved in Europe in 2022. By 2030, Cemex intends to reduce emissions at its European sites by 55%, in line with European Union's new strategy to reduce CO₂ emissions. Cemex has also announced its goal to achieve net-zero carbon emissions in concrete by 2050.

India: Jindal Group has signed a memorandum of understanding with the state government of Chhattisgarh for the establishment of its planned Raigarh cement plant. The Times of India newspaper has reported that the plant will have an integrated capacity of 2.5Mt/yr, in addition to a further 2.5Mt/yr in clinker capacity. It will also operate a 12MW waste heat recovery (WHR) plant.

India: Nuvoco Vistas recorded full-year consolidated sales of US$1.2bn in its 2022 financial year, up by 24% year-on-year. The group’s earnings before interest, taxation, depreciation and amortisation (EBITDA) remained level year-on-year at US$198m. Its profit after tax also remained level at US$4.12m.

The Pioneer newspaper has reported that Nuvoco Vistas’ Chittor cement plant achieved an alternative fuel (AF) substitution capacity of 23% during the 2022 financial year. The group says that it remains focused on increasing its proportion of blended cement products, in addition to AF and waste heat recovery (WHR) projects.

India: Holcim has agreed to sell its Indian business to industry, energy and ports conglomerate Adani Group for US$6.37bn. The assets consist of a 63% stake in Ambuja Cement, which in turn owns 50% of ACC, and a 4.5% direct stake in ACC.

ACC and Ambuja Cement employ 10,700 people and operate 31 cement plants in India. The deal will make Adani Group India’s second-largest cement producer.

Chair Gautam Adani said "With Holcim's global leadership in sustainability, we are acquiring some of the most efficient building materials operations in India, powered with clean technologies like heat recovery systems. We recognise that Ambuja and ACC operations are energy intensive and therefore, when combined with our renewable power generation capabilities, we gain a big head start in the decarbonisation journey that is a must for Indian industry."

Holcim says that its focus is now on expanding its solutions and products business. Reuters News has reported that the group plans to put the proceeds of the assets’ sale towards lower-carbon acquisitions. Its Indian operations contributed 26% of group CO₂ emissions.

Chief executive officer Jan Jenisch said "We will always make cement, but we will decarbonise cement.” He added “We are happy to build up other segments like building solutions and products."

China: Huaxin Cement says it has been approved for a US$5.8m preferential carbon emission reduction loan. It is the first such finance arrangement in the local cement sector. The People's Bank of China established a carbon emission reduction support tool in November 2021 to guide financial institutions to increase green and low-carbon credit support. Huaxin Cement’s Huangshi subsidiary put together its application based around a waste heat recovery project. It then worked with the Bank of Communications and the People's Bank of China. The cement producer says that its other subsidiaries are now working on similar applications.