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Kas Farsad appointed as Chief Strategy Officer at Fortera
Written by Global Cement staff
13 September 2023
US: Fortera has appointed Kas Farsad as its Chief Strategy Officer.
Farsad was the lead inventor of Fortera’s reactive calcium carbonate cement when he worked as the R&D Manager for Calera Corporation in the late 2000s. He worked for PAX Scientific in the 2010s amongst other roles before returning to the renamed Fortera in 2019 as Director, Strategic Development.
He holds a bachelor’s degree in Materials Science and Engineering from University of Michigan Ann Arbor, a master’s degree in Materials Science from San Jose State University and a master of business administration (MBA) from UC Berkeley Haas School of Business.
Argentina: Holcim Argentina has awarded a contract to 360Energy to supply 30,000MWh/yr of electricity from its solar power plants. La Voz del Interior newspaper has reported that 360Energy will supply the energy from its 200MW network via the Renewable Energy Term Market (MATER). This will cover 75% of Holcim Argentina’s power consumption, corresponding to the production of 2.7Mt of cement. This will eliminate 68,600t/yr of CO2.
Holcim Argentina chief executive officer Christian Dedeu said “I am very happy because we are taking a new step in our commitment to zero emissions in Holcim's operations, and we will continue working every day to build progress for people and the planet.”
Shree Cement to raise US$84.4m through bonds sale 13 September 2023
India: Shree Cement is reportedly planning to raise US$84.4m through the sale of bonds. Reuters has reported that the bonds will mature in five years from their date of issue.
US: Terra CO2 plans to build its first commercial-scale supplementary cementitious materials (SCM) plant in Texas. The plant will have a production capacity of 240,000t/yr. Asher Materials secured an exclusive market license to operate the plant. Terra CO2’s SCM can replace up to 40% of cement content in concrete. Asher Materials will produce the materials from silicate rock from existing local aggregates operations.
Terra CO2 chief science officer DJ Lake said "From start to finish, we've designed a system to create large-scale impact in the real world. Our game-changing production process converts affordable, abundant and local raw materials to cementitious material that meets rigorous performance standards.” Lake continued “True sustainability will come from deep innovations in materials and technology and not from incremental improvements to the existing cement supply chain."
Dangote Cement to raise alternative fuel substitution rate to 25% 13 September 2023
Nigeria: Dangote Cement plans to raise its alternative fuel (AF) substitution rate across its Nigerian operations to 25%. The Punch newspaper has reported that the producer consumed 34,800t of AF during the first half of 2023.
Obajana cement plant head of sustainability Eseosa Ighile said “We are working towards installing AF feeding systems in all our operation lines by 2024.”