Displaying items by tag: GCW457

Belarus: Krasnoselskstroymaterialy has announced that its US$7.8m refuse-derived fuel (RDF) plant at its 1.6Mt/yr Krasnoselskstroymaterialy plant will be completed in September 2020. The plant is installed with equipment worth US$4.5m from Czech suppliers. The Ministry of Construction and Architecture has said that waste from the Grodno Recycling and Mechanical Sorting Plant will replace Belarusian peat and Russian coal as the cement fuel in the plant’s kilns, fulfilling Krasnoselskstroymaterialy’s goals of renewability and national self-reliance.

Ministry of Construction and Architecture energy conservation head Sergey Nikitin said, “The transition to RDF will create an opportunity to reduce the cost of cement production in the future, strengthen the financial and economic situation of the Krasnoselskstroymaterialy enterprise and create additional competitive advantages over producers operating on traditional fossil fuels.”

Japan: Taiheiyo Cement’s net profit in the fiscal year that ended on 31 March 2020 was US$363m, down by 9.9% year-on-year from US$403m in the fiscal year 2019. Sales fell by 3.5% year-on-year to US$8.21bn from US$8.51bn. Taiheiyo Cement said that it experienced a, “decrease in aggregate sales volumes due to the end of demand related to the Tokyo Olympics and Paralympics and reconstruction demand from the Great East Japan Earthquake” in the quarter ended 31 March 2020.

India: JK Lakshmi Cement’s profit in the first three months of 2020, the fourth quarter of the Indian fiscal year 2020, was US$13.0m, up by 150% year-on-year from US$5.21m in the corresponding period of 2019. Sales were US$151m, down by 11% year-on-year from US$169m. The Press Trust of India has reported that the coronavirus outbreak had a ‘marginal impact’ on the results.

JK Lakshmi Cement said, “The company's concerted efforts in improving product mix, market optimisation, enhancing the premium products sales, reducing logistic costs and improving plant efficiency parameters enabled the company to post better returns. Softening of petcoke prices also helped the company to improve its margins.”

Canada: Votorantim Cimentos subsidiary St Mary’s Cement has completed a 30m-high stack extension at its 0.8Mt/yr integrated St Mary’s plant in Stonetown, Ontario. The Canadian Press newspaper has reported that the upgrade is a response to increased odour complaints from Stonetown residents.

Votorantim Cimentos St Mary’s plant manager Jose Soraggi said, “Growing along with the community also means adapting along with it. We consider ourselves fortunate to maintain good relations with local residents and the town and to serve as an integral part of the business community in St Marys and Perth County. We take every opportunity to hear from our constituents and find solutions toward a positive and mutually beneficial future. The stack extension is an excellent example of that.”

Switzerland/US: LafargeHolcim has announced the extension of its partnership with Solidia Technologies to mid-2020. Cash News has reported that the partnership, which has seen a 30% reduction in LafargeHolcim’s overall CO₂ emissions since its formation in mid-2013, aims to achieve a 70% reduction in the producer’s carbon footprint.