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Philcement takes US$1.73m loan for Mariveles cement terminal expansion 21 September 2022
Philippines: Phinma Corporation subsidiary Philcement has taken a US$1.73m loan for an expansion and upgrades to its Mariveles cement terminal in Bataan. The Manila Times newspaper has reported that the company secured the loan using the proceeds from its bond issuance earlier in September 2022.
Adani Group to invest US$3.13bn in Tajpur port 21 September 2022
India: Adani Group has received a letter of intent from the West Bengal government for the establishment of a new deep-sea port in the state for US$3.13bn. Adani Group won an auction to build the port at Tajpur in the district of Purba Medinipur. The project also includes the construction of an 18km-long shipping channel. The facilities will be able to serve vessels with a deadweight tonnage. The port will connect an upcoming industrial and economic corridor between Raghunathpur and Dankuni, with global trade.
Angola: Portugal-based IPIAC has won a contract to upgrade the Cimangola plant in Luanda region to use Limestone Calcined Clay (LC3). The project will be the first in the world to convert an existing clinker production line into a clay calciner. Switzerland-based Ecosolutions conducted a study of raw materials and sustainability issues prior to the signing of the contract. The project will be coordinated and supervised by Portugal-based Techbelt. Once completed the plant will produce 0.3Mt/yr of calcined clay, which can be used to manufacture up to 1Mt/yr of LC3 cement.
Holcim Belgium joins Fluxys CO2 transport network 21 September 2022
Belgium: Holcim Belgium has joined Fluxys open-access CO2 transport network project. It intends to use the Fluxys network to either transport captured CO2 for sequestration in the North Sea or reuse in other industry after it builds a new 6000t/day production line at its Obourg plant by early 2026. As part of this process Holcim Belgium also plans to build a cryogenic CO2 capture and treatment unit at Obourg by early 2028.
Pascal De Buck, the chief executive officer of Fluxys, said "Holcim's interest in our CO2 network project at the Mons industrial cluster confirms the efforts industries are making to find solutions for decarbonising their activities. We're here to meet that need, which is why we offer them an open-access CO2 network they can use to transport their captured CO2 to storage or reuse sites. This kind of network helps achieve climate objectives and contributes to the long-term viability of the economy."
The proposed Fluxys CO2 transport network will see the construction and creation in Belgium of pipelines, intermodal hubs, port terminals and shipping from 2025 onwards. The proposed infrastructure is intended to transport three gases: CO2, hydrogen and methane.
Italy: Buzzi Unicem has obtained technical evaluation certification for CEM II/C-M Portland composite cement products to be manufactured at its Trino, Vernasca, Settimello, Guidonia, Barletta and Augusta plants. The new cements will be part of its C-Green product line and the sustainability objectives from its 2030 roadmap. The new products will reduce their clinker factor by using granulated blast furnace slag, fly ash, pozzolan and limestone. They potentially offer up to a 40% reduction in CO2 emissions per tonne compared to CEM I equivalents. They will be available in 32.5 N/R and 42.5 N/R strength classes for a range of applications. The cement producer hopes that the new products will quickly establish themselves in the market and even becoming the “standard cement” in Italy by 2030.