29 September 2020
Shree Cement announces Chhattisgarh clinker unit plans 29 September 2020
India: Shree Cement has announced that it plans to establish a US$135m clinker production unit in the state of Chhattisgarh. The company has said that the plant will become operational in mid-2022.
Secil Group signs waste heat recovery plant contract with CTP Team 29 September 2020
Portugal: Secil Group has engaged Italy-based CTP Team to supply and install a 29MW waste heat recovery (WHR) plant at its 2.0Mt/yr Secil-Outão cement plant in Setúbal, Lisboa Region. Dry Cargo International News has reported that the WHR plant will include a 7.2MW Turboden turbine. CTP Team says that, when operational in mid-2022, the plant will cover 30% of the Secil-Outão cement plant’s electricity consumption, reducing its CO2 emissions by 14,000t/yr.
CTP Team said, “Thanks to the specific advantages of organic cycles and to the total absence of water treatments in the process, the operating expenditure (OPEX) is 75% lower than for an equivalent steam rankine-based WHR cycle.
Suez Cement company to make bid for Egyptian Tourah Portland Cement 29 September 2020
Egypt: The board of HeidelbergCement subsidiary Suez Cement has approved the launch of a tender offer for the company to acquire a 100% stake in Egyptian Tourah Portland Cement. Reuters News has reported the value of the deal as US$32.6m.
Lucky Cement wins Pakistan’s Most Outstanding Cement Company 2020 29 September 2020
Pakistan: Asiamoney has named Lucky Cement as most outstanding in the cement producers category of Pakistan’s Most Outstanding Company 2020 following a national poll. The Pakistan Observer newspaper has reported that “the aim of this poll is to identify and give recognition to Asia's most outstanding listed companies in each market and sector.”