
Displaying items by tag: GCW316
Dangote talks up investments in Europe and North America
18 August 2017Nigeria: Aliko Dangote, chief executive officer (CEO) of Dangote Group and Dangote Cement, plans to invest an incredible US$20 - 50bn in the US and Europe by 2025, in industries including renewable energy and petrochemicals. Speaking in a wide-ranging interview with Bloomberg, Dangote said that the group’s cement activities account for 80% of Dangote’s overall wealth. The new investments would more likely come in renewable energy and agriculture, rather than cement, with an aim to conduct 60% of all investments outside of Africa by 2020.
Mawlamyine plant may not have proper power plant permission
18 August 2017Myanmar: A controversial 0.5Mt/yr cement plant in Mon State's Kyaikmayaw Township has apparently not sought permission from the Ministry of Electricity and Energy in order to generate power, according to the ministry itself. This has rekindled demands from local residents that the plant cease production. The US$400m plant, run by Mawlamyine Cement Limited (MCL), is a joint venture between Thailand’s Siam Cement and Pacific Link Cement Industries. It is powered by a 49MW coal-fired power plant.
The committee for the assessment of financial, planning and economic matters in the Mon State Parliament asked the Ministry of Electricity and Energy in a letter on 7 August 2017 about the coal-fired power facilities at the cement factory. The ministry replied on 14 August 2017 that MCL had not sought permission to run the power plant.
"From the ministry's reply, we can confirm that MCL didn't follow the electricity law. It did discuss with the ministry the installation of two 20MW but it didn't get any permission," said U Aung Kyaw Thu, speaking to local press. This was contradicted by MCL’s U Zaw Lwin Oo, who said, “The industry ministry gave its approval for the production of 20MW on 19 March 2017.” He said that MCL has two 20MW turbines and a 9MW spare turbine, but the industry ministry has only given approval for 20MW. There may be ambiguity as to whether the plant uses more than its permitted 20MW at any one time. According to the 2008 Constitution, heavy-scale electricity production-classified as 30MW and above-needs the approval of the government.
Dr Aung Naing Oo, deputy speaker of the Mon State Parliament, said that he welcomed the MCL's investment in the state, but that its procedures are less transparent than he would like them to be. "We should welcome investment but, at the same time, we need to see if those investments are legal and serve the stated purposes. In any case, if there is no permission under the electricity law, the factory should not operate," he told The Irrawaddy newspaper.
The factory started commercial operations in April 2017 despite local opposition. On 18 February, around 7000 locals from seven villages near the factory staged a protest against the coal-fired power plant. In April 2016, locals sent a petition with 3780 signatures to the President's Office, demanding the termination of the project.
Residents oppose Brookfield tyre plan
17 August 2017Canada: A group of residents close to the Lafarge Canada Brookfield plant has launched a court challenge arguing the Nova Scotia government's approval of a plan to burn tyres as an alternative fuel at the plant violated the Environment Act.
In his application for a judicial review, lawyer William Mahody wrote that Environment Minister Iain Rankin didn't properly assess the impact of emissions from the Lafarge plant in Brookfield on surrounding areas, stating that was a ‘strong potential for adverse effects’ on surface water, human health and wildlife from the project. The plan has run into criticism from environmental groups, municipal councils and area residents, who prevented a similar proposal a decade ago.
Nova Scotia’s waste diversion agency has shifted a supply of at least 280,000 tyres per year to Lafarge and recently approved the company's environmental application for a one-year pilot project to incinerate the tyres as fuel.
Lafarge says it can't comment on the judicial review. However, Robert Cumming, the environmental director at Lafarge, says research conducted off-site by a Dalhousie University engineer suggests the use of scrap tyres will lower the plant's CO2 emissions. "Our pilot project seeks to validate this evidence gathered from scientific reports and in Dalhousie University laboratories. The research team and Lafarge have committed to sharing the results with the community."
LafargeHolcim sells up in North Korea
17 August 2017North Korea: LafargeHolcim has sold its 36% stake in Sangwon Cement Company. The company had held the stake in the plant since 2008, having entered the North Korean market via its Euro8.8bn acquisition of Egypt’s Orascom. Orascom acquired the stake a year earlier. LafargeHolcim did not have managerial control or significant influence over Sangwon Cement.