Cement News tagged under: fuel
ENERGY – OPEC consolidates oil while India shakes petcoke, coal high20 December 2017, Published under Cement NewsPrices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6.5% 40HGI FOB US$72.50 USGC 6.5% 40HGI cf ARA US$91.00 In November the US dollar was supported by the US tax reform, which could see US firms repatriating profits. The lack of German government for... |
Petcoke ban lifted for the cement industry14 December 2017, Published under Cement NewsThe Supreme Court of India has relaxed its ban on the use of petcoke and allowed it to be used in the cement and limestone industries. The Ministry of Environment and Forests (MoEF) and the Environmental Pollution Control Authority (EPCA) both agreed that the use of petcoke in cement is not harmful due to the absorption of sulphur in the cement production process, according to the Financial Express. This decision has arrived after MoEF submitted that petcoke is mainly used as a feedstoc... |
Luanda cement plant resumes production after HFO shortage16 November 2017, Published under Cement NewsChina International Fund (CIF) has resumed production of its Luanda cement plant after four months of non-acitivity, because of the heavy fuel oil (HFO) shortage in the country. With the resumption of production, the 3.6Mta plant should start distributiong cement again in December or January. The Luanda Refinery stepped to supply HFO directly to CIF and Fábrica de Cimento do Kwanza Sul (FCKS) on 10 November. Several adjustments have been made by the Luanda Refinery to improve the quali... |
Shree Cement sees narrowing margins despite drop in fuel cost09 November 2017, Published under Cement NewsShree Cement Ltd’s power and fuel cost per tonne has dropped, according to a report by Mint. However, the falling cost of fuel over the third quarter of 2017 has not had much of a positive impact on the company’s earnings. The company’s cement sales volume increased seven per cent YoY to 4.8Mt over 3Q17, whilst its stand-alone net profit decreased by 27 per cent in the same period. Operating margins narrowed to 26.2 per cent in September from 32.7 per cent a year ago as the company's powe... |
Caribbean Cement limits its risk of rising fuel consumption01 November 2017, Published under Cement NewsCaribbean Cement Company Ltd is now hedging its fuel bill to stabilise its costs. The company started to invest in hedges in the second quarter, amid rising sales and profit at the Rockfort-based operation and has spent US$70.76m on the hedges so far this year. Caribbean Cement entered into forward contracts through its ultimate parent company, Cemex of Mexico, to hedge the price of estimated fuel consumption. The cement producer's fuel and electricity bill remains its main production c... |
India: Prism Cement receives part-fuel requirement for 5 years01 March 2017, Published under Cement NewsPrism Cement Ltd has successfully bid for 18,300tpa of coal from South Eastern Coalfields Ltd, a subsidiary of Coal India Ltd, in a recently-held auction of coal linkages for the cement industry, according to a filing to the Bombay Stock Exchange. With the bid, the cement producer has secured part of its fuel requirement for the next five years. The allocation was made at a nominal premium over the floor price. |
Optimising a dynamic process04 January 2017, Published under Cement NewsThe cement production process is dynamic, with substantial opportunities for optimisation, improving plant productivity as well as profitability. Cemtech Technical Workshops are an important way of disseminating this information among plant staff and have proven highly successful. We take a look at what lies ahead in the 2017 programme of Cemtech Workshops. By Dr Michael Clark, UK. Participants can nominate their own priorities during some aspects of the Cemtech Technical Workshops ... |
Developing AF in Egypt16 November 2016, Published under Cement NewsWith the increasing scarcity of natural gas and the hike in gas prices, Egypt’s cement producers are seeking alternative ways of firing their kilns. The availability of MSW and agricultural waste provides a good foundation, but several challenges need to be overcome. By MVW Lechtenberg, Germany. The need for waste management and the development of its related infrastructure provides Egypt's cement industry with an opportunity to support society Cement consumption in Egypt rea... |
Coal classification07 November 2016, Published under Cement NewsDr Clark understands that the accepted ways of classifying different types of coal have led to complications when plant personnel have been required to estimate the specific thermal energy consumption of cement kilns. The accepted ways of coal classification are not always useful in estimating the volume of this fuel required to fire the kiln Cement manufacturing is a capital-intensive industry where control of costs is paramount. To recover the capital investment required to... |
Dangote27 September 2016, Published under Cement NewsDespite a 15 per cent increase in sales in Nigeria in July and August this year, Dangote Cement has been forced to increase its cement prices in the country due to escalating costs. Disruptions to the domestic gas supply have resulted in the producer increasingly turning to LPFO and coal to power its plants, despite these fuels being up to three times more expensive than gas. The naira has also experienced a significant devaluation against the US dollar, further increasing costs. “The pr... |