Cement News tagged under: Renewable Energy
GCCA and UNIDO sign decarbonisation MoU21 June 2024, Published under Cement NewsA ground-breaking agreement has been signed by the UN’s Industrial Development Organisation (UNIDO) and the Global Cement and Concrete Association (GCCA) to work together on decarbonising the cement and concrete industry, with a strong focus on the Global South. The two organisations have agreed a Memorandum of Understanding (MoU), which will see them working together on key sustainability and decarbonisation issues, including: providing recommendations for decision-makers to create ... |
Rohrdorfer Zement invests in new PV system20 June 2024, Published under Cement NewsRohrdorfer Zement has installed a new photovoltaic (PV) system as its plant in Rohrdorf , Bavaria, Germany. The system, which covers around 2000m 2 of roof space, has a peak output of 400KW. According to the company, the Rohrdorf site has been producing a third of its own electricity needs since 2011 thanks to its waste heat power plant. This latest PV project will add a further 350MWh per year to the share of self-produced electricity. The new PV installation took five weeks to cons... |
Indocement starts work on 15MW solar power plant04 June 2024, Published under Cement NewsIndocement officially commenced the operation of the ground-mounted solar power plant at its Tarjun factory in Indonesia on 22 May 2024. The inauguration was attended by Chairman of the Managing Board of Heidelberg Material, Dr Dominik Von Achten, Member of the Managing Board of Heidelberg Materials , Roberto Callieri, President Director of Indocement, Christian Kartawijaya, Director of Indocement, Hasan Imer, Hølger Morch, Antonius Marcos and General Manager of Tarjun Factory, Agus ... |
Power Cement to acquire solar power plant at Sindh06 May 2024, Published under Cement NewsPower Cement Ltd (PCL) has signed a term sheet with Burj Solar (Pat) Ltd for the development and financing of a 9.6MW wind power project at Deh KaloKohar, Nooriabad Industrial Estate, District Dadu (Sindh), Pakistan. The project aims to reduce approximately 15,000t of carbon emissions annually while generating around 30GWh of clean energy annually. "This project aims to reduce our reliance on fossil fuels and promote sustainable development," said Salman Gogan, Power Cement's company secr... |
Lucky Cement profit jumps 67% in 9MFY23-2430 April 2024, Published under Cement NewsLucky Cement Ltd announced its financial results for the 9MFY23-24 on the Pakistan Stock Exchange website on 29 April. It posted unconsolidated earnings of PKR18.649bn (US$67m), a significant advance of 67 per cent YoY. Earnings per share (EPS) stood at PKR63.65. According to results from AHL Research, the top line in the 9MFY23-24 was PKR87.404bn, in contrast to PKR70.348bn in the equivalent period of the previous year, up 24 per cent YoY. The revenue growth comes from high... |
Sabanci's growth to be driven by digitalisation and sustainability12 April 2024, Published under Cement NewsTurkish conglomerate, Sabanci, is accelerating investments across its business portfolio - including major investments into the cement division. This is comprised of CIMSA and Akcansa - its joint venture with Heidelberg Materials - making it the third-largest player in Turkey. These transformative investments aim to expedite the digitalisation process and to modernise the assets of its cement businesses, as well as improve their sustainability. Digital transformation Digital and art... |
Argos Honduras breaks clinker production record in 202309 April 2024, Published under Cement NewsArgos Honduras has set a new record in clinker production in 2023, increasing clinker output by three per cent. The company attributes the new record to the successful implementation of its US$1.1m hydrogen injection project. The process is carried out using renewable energy from its solar farm at the Piedras Azules plant in Comayagua, which enables the cement plant to replace up to 22 per cent of its grid-derived electricity consumption, reports newsinamerica. “We are extremely prou... |
Medcem’s global expansion11 March 2024, Published under Cement NewsTurkey’s Medcem has invested in both its production facility and export capability with a view to expand its reach on a global scale. ICR chats to Mehmet Ali Ceylan, CEO, Medcem about the company’s plans to establish an international terminal network and what steps it is taking to decarbonise its operations. Mehmet Ali Ceylan, CEO of Medcem, speaks with ICR about the company’s plans to build an international terminal network while decarbonising its operations (© Medcem) ... |
Monarch Cement embarks on groundbreaking solar project06 February 2024, Published under Cement NewsUS-based Monarch Cement Co and Evergy Energy Solutions are collaborating on a groundbreaking solar project that is expected to serve as a model for the cement industry’s use of renewable energy. With the capacity to generate 20MW of clean electricity, the project is designed to offset a significant portion of Monarch’s energy consumption, reducing greenhouse gas emissions. The solar project, which will be located on Monarch’s property in Humboldt, Kansas, will pair state-of-the-art sol... |
UltraTech invests in renewable energy specialist15 January 2024, Published under Cement NewsUltraTech Cement has entered into a share subscription and shareholders’ agreement to acquire a 26 per cent stake in Amplus Ages Pvt Ltd, a specialist in the generation and transmission of renewable energy. "The acquisition is for the purposes of meeting the company's green energy needs, optimising energy cost and comply with regulatory requirements for captive power consumption under electricity laws," said UltraTech Cement. The acquisition, which represents an investment of INR... |