South Korea: Ssangyong Cement plans to install a waste heat recovery (WHR) unit at its Donghae plant in Gangwon. The upgrade will be operational by August 2018, according to the Maeil Business Newspaper. The new unit is expected to save the cement producer about 33% of its electricity costs or US$24m/yr.
The investment is the largest that the cement producer’s owner Hahn & Company has approved since it took control. The WHR will work with an energy storage system (ESS) that was installed in March 2018. The ESS saves power consumption by storing energy during the night and then using it during the day. The 22MWhr storage system is power by powered by 2880 batteries. The company said that it would save it at least US$2.4m/yr.
Ssangyong Cement’s Donghae plant is one of the largest in the world with a cement production capacity of 11.2Mt/yr across seven production lines. It occupies an areas of 11.3MM2.
