Cement News tagged under: renewable energy
Cimsa secures US$70m green loan from IFC for sustainability initiatives18 November 2024, Published under Cement NewsTürkiye-based cement manufacturer Cimsa , a unit of Sabanci Holding , has secured a US$70m green loan from the International Finance Corporation (IFC), a member of the World Bank Group. The loan, announced on 4 November, has a five-year maturity, including a two-year grace period for principal repayments. This marks Cimsa’s first green loan, highlighting its commitment to sustainable financing. The funds will be allocated towards renewable energy projects, alternative fuel adoption, a... |
CRH develops wind farm to power Romanian plant04 November 2024, Published under Cement NewsCRH has developed a new wind farm to provide renewable electricity to its Medgidia plant in Romania. The wind farm is the first of its kind in the country to exclusively power a cement plant. The farm will meet a significant proportion of the Medgidia plant’s annual energy requirements, helping lower the carbon footprint of the cement produced, while also contributing to Romania's clean energy transition. Enuice Heath, chief sustainability officer at CRH, said, “This is a significant ... |
Dalmia Cement plans 100% renewably-powered plant in Madhya Pradesh24 October 2024, Published under Cement NewsDalmia Cement has announced plans to construct a 4Mta cement plant in Madhya Pradesh, becoming the first such facility in India to operate entirely on renewable energy. The project, valued at approximately INR30bn (US$ 356.82m) was revealed by Group Managing Director, Punit Dalmia, during the fifth Regional Industry Conclave (RIC) held in Rewa district on Wednesday. The new plant is part of Dalmia Cement’s broader commitment to sustainability and clean energy, with the company aiming ... |
Cemex installs renewable energy at Alrewas site01 August 2024, Published under Cement NewsCemex has installed an innovative renewable energy project at its Alrewas ready-mixed concrete plant in Staffordshire, UK. The system, which uses a 90kWh battery along with solar panels, is expected to save 200t of CO 2 . According to Cemex, the new facility at Alrewas opened in 2023 without mains electricity, which means the site, until recently, has been exclusively powered by diesel generators. Keen to reduce CO 2 and the plant’s reliance on fossil fuels, once the renewable units we... |
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... |