Displaying items by tag: ArcelorMittal

India: ABG Shipyard plans to sell Vadraj Cement, which owns a decommissioned clinker unit and grinding unit, as well as quarries and a jetty, in Kutch, Gujarat. The National Company Law Tribunal took over winding up proceedings for the former cement producer in September 2023. The Economic Times newspaper has reported JSW Cement, Adani Group and steel producer ArcelorMittal Group as potential buyers for the business. It expects Vadraj Cement to attract a price of US$240 – 300m, against debts of US$841m.

India: The Odisha government has approved Arcelor Mittal Nippon Steel’s plans to build a 18.8Mt/yr cement plant in connection to a new steel plant to be established at Mahakalpara in the state’s Kendrapara district. The project will have a total investment of around US$13.5bn, according to the Hindu newspaper. Once operational both the cement and steel plant will be the largest of their type in the country. The company plans to carry out the project in phases, for completion by the late 2020s.

France: ArcelorMittal plans to increase its stake in Ecocem France to 49% from 30% by the end of May 2018. The transaction is subject to the approval of the Irish Competition Authority. The French subsidiary of Ireland’s Ecocem was set up in 2007 by ArcelorMittal and Ecocem Materials.

Ecocem produces slag cement from ground granulated blast furnace slag. Ecocem France operates a 0.7Mt/yr grinding plant at Fos-sur-Mer near to an ArcelorMittal plant. It plans to open a second 0.7Mt/yr grinding plant at Dunkirk in May 2018. The new plant is intended to target western and northern France as well as export markets in the UK and Belgium.

Morocco: LafargeHolcim, ArcelorMittal, Evonik and Solvay have formed a Low Carbon Technology Partnerships Initiative across the steel, cement and chemicals industries. This new partnership will look at the potential synergies that exist between the manufacturing processes of these three energy intensive sectors, and how these synergies could be harnessed to reduce CO₂ emissions.

As a first step, and following preliminary research, the innovative partnership will produce a study with the technical support of Arthur D Little to identify potential ways to valorise industrial off-gases and other by-products from their manufacturing processes to produce goods with a lower carbon footprint than through the fossil path. The preliminary research has already allowed identification of significant potential in selected trans-sector pathways.

The study is aimed at bringing a fact-based overview of carbon and energy sources from industrial off-gases (first at a European level), and evaluating the technical, environmental and economic feasibility of different Carbon Capture and Usage (CCU) pathways and their potential.

Initial findings from the first step already underway suggest that deploying cross-sector carbon capture and reuse opportunities on an industrial scale could reduce up to 3 GT/yr or 7% of global anthropogenic CO₂ emissions. Existing conversion technologies that could be deployed across the three sectors could utilise by-products in the off-gases to create building materials, organic chemicals and fuel. Increased availability and greater access to renewable energy sources would significantly boost net carbon reduction efforts by those three sectors, within a supportive legislative framework. Cross sector carbon capture and reuse should also result in job creation, to be further investigated.

The study, carried out at European level, is building the ground for similar investigation extended at global level and paves the way for identifying and assessing industrial scale projects on CCU at the interface between the sectors.

“Concrete offers the highest level of life-cycle sustainability performance and we are continuously developing new products and solutions for a low carbon society. This new ambitious partnership will support our mission to cut our net emissions per ton of cement by 40% towards 2030 (versus 1990) and to develop and further deploy low carbon solutions for the construction sector. But to make this a reality, we will need an enabling regulatory framework and support for innovation,” said Bernard Mathieu, Head Group Sustainable Development of LafargeHolcim.

France/Ireland: According to the Irish Independent newspaper, Irish cement company Ecocem has invested Euro30m into a new production facility in Dunkirk in the north of France as part of joint venture with the world's largest steel company. The investment is split 30% to 70% in favour of Ecocem and will increase the Irish firm's capacity from 1.4Mt of high performance, low carbon cement to around 2Mt. Ecocem said the main target markets for the plant will be the north of France and the UK.

ArcelorMittal, the company that is investing with Ecocem, is the world's largest steel firm. The investment is a strategic partnership as Ecocem uses a by-product of the manufacture of iron and steel - Granulated blast furnace slag - to make cement.

The news follows recent builds by the company with the Peel Ports Group. The pair built an import terminal in Runcorn on the Manchester Ship Canal and will look to add to it with another two, one in Runcorn and another in Sheerness in England.
Ecocem's continued expansion in the UK is a response to growing demand from the market. The firm has experienced an increase in exports from the UK as a result of a bustling cement market and a shortage of the type of cement Ecocem produces.

Speaking at the time of its UK investment, Ecocem managing director Conor O'Riain said the firm is looking long-term at the market. "We've invested in state-of- the-art equipment to demonstrate to the market that we're here for the long term, and I'm delighted to say that the response from the market has been phenomenal. We've made commitments to sell more in the UK in our first year than our total domestic sales in 2016," he said. Prior to entering the British market Ecocem had already received orders for 200,000t of product for its first year and stopped taking any further offers in the short term.

Ecocem is also trying to make its first move into the US. The company is looking to build a Euro45m grinding mill near San Francisco but has some hurdles to its intentions from its planning applications.

The firm has continued to grow its reputation as a low-carbon cement producer and last month the firm picked up the Green Product Award 2016 for its superfine product.