Displaying items by tag: supply contract

India: Orient Cement has won an order from Madhya Pradesh Power Generating Co to install a clinker grinding unit at Satpura Thermal Power Station, Sarni. The ‘work order’ was issued by the company to install the grinding unit, along with a 25-year fly ash supply contract. Earlier in August 2024, Orient Cement said that it anticipates a robust demand recovery in the second half of the financial year post-monsoon.

Philippines: Alsons Power has signed a retail electricity supply agreement with Holcim Philippines, committing to provide 80% of the energy needs for Holcim's facilities in Davao and Lugait, Misamis Oriental.

Edwin Villas, senior vice president and head of supply chain at Holcim Philippines, said “We are confident that our partnership with Alsons Power will help us achieve our business goals and sustainability aspirations. Partnering with Alsons Power is the right choice given its strong and trusted reputation for providing reliable and affordable electricity in its three decades in the energy industry.”

Saudi Arabia: Al Jouf Cement has entered an agreement with Italy-based Webuild to supply cement worth US$27.7m for various projects in the upcoming NEOM city. The contract spans 41 months from signing, with potential for increased quantities. Al Jouf Cement anticipates a profitable impact on its financial statements from the third quarter of 2024 until the contract's conclusion.

Canada: Finland-based Wärtsilä will provide a hybrid-electric propulsion system for an 11,000t-capacity limestone carrier, commissioned by CSL Group with China-based CCCC Shanghai Equipment Engineering and Jingjiang Nanyang Shipbuilding. The order supports CSL Group’s decarbonisation strategy by optimising engine and battery load and reducing fuel consumption.

The vessel is scheduled for delivery to CSL Group in 2026 and will initially operate on a hybrid diesel and battery system, transitioning to full electric power by 2031 to reduce carbon emissions by 90%, according to CSL Group. Wärtsilä will supply the whole hybrid electric propulsion system, including generators, DC hub, energy management system, main propulsion e-motors, bow thruster e-motors and battery solution.

The director of Electrical & Power Systems at Wärtsilä Marine, Torsten Büssow, said "Wärtsilä is committed to making decarbonised shipping possible, so we are delighted to be supporting CSL with solutions that enhance the sustainability of their fleet. This is a short sea shipping vessel that will operate with a lot of manoeuvring and variable load profiles, and electrification and hybridisation systems are the most efficient for such vessels."

Philippines: Cemex Holdings Philippines has entered a retail supply agreement through its subsidiary Apo Cement with Sem-Calaca Res to supply 44MW of electricity to its cement plant in Naga, Cebu. The agreement will remain effective until 25 December 2024.

Chair and President Isidro Consunji said "While cement demand is currently low, we expect it to rebound as our turnaround plan progresses, supported by the 'Build Better More' programme and the anticipated easing of interest rates next year."

Canada: WEG will supply the substation of Votorantim Cimentos North America’s St Marys Cement plant in Bowmanville, Ontario with its transformers. The order includes four transformers with capacities of 20MVA and 25MVA and voltage levels of 43.8/4.16kV. Sales and engineering teams from Brazil collaborated with VJ Pamensky Canada, the exclusive distributor of WEG in Canada, on the project.

Uzbekistan: Investigative reporting by Radio Free Europe/Radio Liberty (RFE/RL) has found evidence of a company linked to President Shavkat Mirziyoyev's son-in-law carrying out ‘secret state contracts.’ These included a US$36m ‘overpriced’ natural gas supply contract for Qizilqumsement. The company, Ultimo Group, is reportedly without website or public profile and co-owned by a retiree with no business background. RFE/RL described its network of associated international companies as ‘Byzantine.’

Australia: Adbri has announced the early termination of its contract to supply quicklime to aluminium producer Alcoa, ending in April 2024 instead of the original plan for six months later. This decision is part of an amendment to meet changing demand. The news comes amid Adbri's ongoing review of its Western Australia lime operations and follows Alcoa's recent production curtailment at its Kwinana refinery. Adbri previously supplied to three Alcoa alumina refineries in Western Australia, but the number was reduced to one in 2021. 

Adbri is also in the process of finalising a US$2.1bn buyout with Irish company CRH.

Italy: Heidelberg Materials Italy, formerly Italcementi, has entered into a seven-year supply agreement with Ox2. Under the deal, Ox2 will sell up to 70% of the energy generated at the Stornarella wind farm in Foggia. The farm was developed in partnership with Nuveen Infrastructure.

The Stornarella wind farm will be constructed in 2024. Once operational, it will provide an average of 37 - 51GWh/yr of clean energy from 2025 to 2032. Nuveen Infrastructure has purchased the wind farm, which will feature six turbines with a total installed capacity of 27MW and an estimated output of 73GWh/yr.

Stefano Gallini, CEO of Heidelberg Materials Italy, said "Energy is a fundamental component of our industrial process and represents one of the main levers of decarbonisation for the entire cement sector. The electrical component can also contribute significantly to this purpose, and we have identified reliable partners like Ox2 and Nuveen to accompany us on this journey."

Philippines: Holcim Philippines has renewed its supply agreement to provide cement for Megawide Construction’s projects across Luzon in 2024. The partnership, initiated in 2016, continues amid increasing cement demand from Megawide.

Markus Hennig, Megawide's executive vice president, said "With our renewed supply agreement with Holcim Philippines, Megawide has reinforced its linkage with a like-minded partner who supports our vision of a first-world Philippines.”

Holcim Philippines president and CEO Horia Adrian said “We look forward to providing Megawide’s cement supply needs in 2024 and continuing engagements on possible collaborations to advance innovative and sustainable building in the Philippines.”