×

Warning

JUser: :_load: Unable to load user with ID: 772

Spain: LafargeHolcim subsidiary Holcim España has announced the launch of the Carbon Challenge, a think tank to promote CO2 emissions research and reduction. The company says that the plan involves “the formation of various working groups in areas such as reducing process emissions, reducing the emission factor for fuels and changing cement content of concrete and investigating alternative additives.” This is part of its Ecological Transition strategy, in addition to its Euro20m carbon footprint reduction investments announced on 31 December 2019.

Sustainability and Health director Raúl Pérez said, “We have high expectations for this project. It is a laboratory of ideas that will allow us to add and share knowledge that materialises in concrete initiatives applied to our processes, products and solutions, all with a common denominator: anticipating the new European decarbonisation scenario with an established plan to be carbon neutral by 2050.”

Mexico: Elementia has announced the commissioning of a new 0.25Mt/yr grinding plant in Progreso, Yucatán State. The group says that the plant cost US$25m. Chief executive officer (CEO) Jaime Rocha Font said “Through this project, Elementia aims to participate in the growth of the Yucatán Peninsula and Southern Mexico.”

Bangladesh: Bashundhara Group has taken a loan of US$82.0, which it says will go towards the construction of a 4.0Mt/yr cement plant in eastern Bangladesh for a total investment of US$117m. The Daily Star newspaper has reported that the new plant will produce cement primarily for export to northeast India. Bashundhara Group’s two cement plants currently have the capacity to produce 5.1Mt/yr of its King Brand cement.

Bank Asia is the lead arranger for the syndicated loan, which it will provide along with Dhaka Bank, First Security Islami Bank, Pubali Bank, Social Islami Bank and United Commercial Bank. Full repayment is due in 2027.

Kyrgyzstan: Aravan Cement Plant, part of the Southern Combine of Building Materials, is considering building a third production line with a capacity of 1.5Mt/yr. Plant director Kubanychbek Turdubaev made the announcement to Kyrgyzstan Newsline in a discussion reflecting on the completion of the unit’s second line in 2018, which increased total capacity to 1Mt/yr. The Russian-Kyrgyz Development Fund (RKDF) provided a loan for that project and the company intends to continue the relationship for the next one. China-based Tianjin Cement Industry Design and Research Institute (Sinoma TCDRI) and the Nanjing Long-W Energy Conservation Engineering were also involved. At present the plant sells half of its cement domestically and exports the rest.

More Articles ...

Subcategories