Cement News tagged under: Energy
Heidelberg Materials Italy signs clean energy PPA22 March 2024, Published under Cement NewsHeidelberg Materials Italy ( Italcementi ) has signed a power purchase agreement (PPA) with OX2, Europe’s leading producer of renewable energy. The PPA covers the supply of an average of 36.6-51.2GWh of clean energy over a seven-year period from 2025-2032. The majority of the energy will be sourced from OX2’s Stornarella wind farm near Foggia, Italy. The wind farm, which was purchased by Glennmont Partners, now Nuveen Infrastructure, is currently under construction and due to be complet... |
EPA recognises ENERGY STAR cement plants20 March 2024, Published under Cement NewsThe US Environmental Protection Agency (EPA) has recognised 103 manufacturing plants that earned the agency’s ENERGY STAR certification in 2023, an accolade reserved for manufacturing plants in the top 25 per cent in terms of energy efficiency in their sector. Of the 11 cement plants receiving this year's accolade, Ash Grove ’s Seattle plant was recognised for its efforts to save energy by increasing the amount of limestone in its Portland limestone cement. Meanwhile, GCC ’s Rapid Ci... |
PyroGenesis signs contract for plasma torch project18 March 2024, Published under Cement NewsCanada-based PyroGenesis, a specialist in advanced plasma processes, has signed a contract with a US structural materials company to design and build a system tailored for laboratory-scale cement production applications. The system will include a plasma torch, a refractory furnace, and the required gas, power, and cooling components and peripherals. The system was contracted to provide the client with the increased power and heat levels required for advanced cement development and testing, ... |
CCSA calls on UK government for CCS commitment13 March 2024, Published under Cement NewsThe UK government announced plans yesterday to build new gas power stations to ensure a safe and reliable energy source while the country transitions to net zero. This shoring up of the UK’s energy supply is aimed at days when the weather forecast does not power up renewables, as well as reducing the UK’s reliance on power from countries such as Russia. Commenting on the decision, UK Prime Minister, Rishi Sunak, said “We need to reach our 2035 goals in a sustainable way that doesn’t leav... |
FOB and ARA discounts narrow01 March 2024, Published under Cement NewsCoal stabilised on support at a level of around US$90/t, pressured by gas prices but supported by oil. Continued freight issues in the Suez Canal and the Red Sea are supported the price of oil. Petcoke FOB contracts were stable but after buying for the 1Q24 was completed, trade was low. Discounts on FOB contracts remained stable in the neutral zone, but discounts on ARA contracts fell, returning to neutral as the API2 coal price dropped. Petcoke with 6.5 per cent S is expected to continu... |
Politics dominates the energy market, oil stabilises but coal drifts lower while petcoke rises on lower freight rates20 February 2024, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The oil price remains subject to a risk premium due to the Israel-Gaza conflict. Providing the situation does not escalate, the market hovers around US$80. Meanwhile, the Ukraine-Russia war is still deadlocked, but the political stage in Europe and potential US election is lurking, making negotiations more likely. In the financial markets both the European Central Bank and the US Federal Reserve have kept rates unchanged and have a two pe... |
Oficemen and ANESE sign collaborative agreement13 February 2024, Published under Cement NewsThe general director of Oficemen (Spanish Cement Manufacturers Group), Aniceto Zaragoza Ramírez, and the general director of ANESE (National Association of Energy Services Companies), Carlos Ballesteros Barrado, have signed a collaboration agreement tohighlight the commitment of both organisations to contribute to the development of the economy following criteria of energy efficiency, sustainability and respect for the environment. This agreement contemplates the implementation of joint a... |
Saint-Gobain signs energy PPA in Italy08 February 2024, Published under Cement NewsSaint-Gobain has signed a 10-year renewable electricity supply contract in Italy with Axpo Italia. The power purchase agreement (PPA) covers the purchase of electricity generated by a newly-built wind farm in the Puglia region. Axpo Italia will provide around 22GWh of green electricity per year, or 11 per cent of Saint-Gobain’s electricity needs in Italy. This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20 ... |
Mannok's commitment to energy efficiency pays dividends05 February 2024, Published under Cement NewsIreland’s Mannok Cement has revealed that since 2017 it has saved 59mkWh of energy at its cement manufacturing facility through a multi-million-euro investment in energy-saving projects, while adhering to and retaining the energy management standard, ISO 50001. The saving is equivalent to the annual electrical energy usage of 14,047 Irish households, each consuming 4200kWh of electricity. The company began its journey of improving energy efficiency in 2017 while preparing for ISO 50001... |
FOB discounts fall while ARA discounts return to neutral29 January 2024, Published under Cement NewsCoal fell sharply below US$100, due to weak demand and large stocks, on 22 January 2024, while oil hovered around the US$80/bbl mark as freight issues in the Suez Canal and the Red Sea supported oil prices. Petcoke FOB contracts recovered from December lows as demand forecast for 1Q24 and 2Q24 shows an upward trend and discounts were increasing until weaker coal prices emerged. Discounts on FOB contracts declined and ARA discounts returned to neutral from an earlier spell in the cheap zone... |