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Hanson UK's Padeswood carbon capture project proceeds to due diligence phase

31 March 2023

UK: Hanson UK says that its planned installation of a carbon capture system at its Padeswood cement plant in Flintshire has proceeded to the due diligence and negotiations stage. The project aims to achieve net zero CO2 cement production by capturing 800,000t/yr of CO2. It is part of the HyNet North West array of projects, which combines green hydrogen and carbon capture to build a first-of-its-kind industrial decarbonisation cluster.

Hanson UK CEO Simon Willis said “I would like to thank the government and all of those that supported us in our bid to receive funding which will enable us to help decarbonise the construction industry and meet our overall ambition to become a net zero business. This global exemplar project will provide net zero construction materials for major projects across the country, from new offshore wind farms and nuclear power stations to clean transport infrastructure.”

Published in Global Cement News
Tagged under
  • Heidelberg Materials
  • UK
  • Hanson
  • CO2
  • Sustainability
  • carbon capture
  • CCS
  • HyNet North West
  • Wales
  • net zero
  • target
  • Project
  • Infrastructure
  • nuclear
  • construction
  • Government
  • GCW602
  • CCUS
  • decarbonisation
  • renewable energy

Former Cemex Colombia directors guilty of fraud over Maceo cement plant land lease

31 March 2023

Colombia: A criminal court has found former Cemex Colombia vice president Édgar Ramírez Martínez and fellow former director Eugenio Correa Díaz guilty of fraud, according to El Espactador newspaper. The court found that Ramírez Martínez had committed unfair administration, illicit enrichment and falsification of a private document in the process of obtaining land for use as a quarry to supply its Maceo cement plant in Antioquia. It found that Correa Díaz had committed illicit enrichment, money laundering and falsification of a private document while serving as an intermediary in the same process. Ramírez Martínez received a prison sentence of 15 years and one month, while Correa Díaz received a sentence of 20 years.

Cemex Colombia obtained the land in question during the administration of the estate of deceased embezzler José Aldemar Moncada. The court found that it had defrauded the true owners, a local family, in order to include it in Moncada's asset forfeiture prior to sale to Cemex Colombia by Correa Díaz.

Published in Global Cement News
Tagged under
  • Cemex
  • Colombia
  • Cemex Colombia
  • Cemex Latam Holdings
  • Court
  • Fraud
  • GCW602

Xinjiang Tianshan Cement to issue US$2.19bn in commercial paper

31 March 2023

China: Xinjiang Tianshan Cement has secured board approval for an issue of commercial paper. Reuters has reported the total value of the paper as US$2.19bn.

Published in Global Cement News
Tagged under
  • China
  • Xinjiang Tianshan
  • funding
  • Finance
  • GCW602

ACC and Ambuja Cements begin to up sticks for Ahmedabad

31 March 2023

India: Adani Group has reportedly relocated 'significant roles' in ACC and Ambuja Cements to Ahmedabad, Gujarat. ACC and Ambuja Cements' headquarters are situated in Mumbai, Maharashtra, and employ 6000 and 4700 people respectively. The Business Standard newspaper has reported that many people in leadership positions now based in Ahmedabad continue to run teams in Mumbai.

Published in Global Cement News
Tagged under
  • India
  • ACC
  • Ambuja Cements
  • Adani Group
  • Headquarters
  • Staff
  • Maharashtra
  • Gujarat
  • GCW602

Bestway Cement inaugurates Mianwali cement plant

30 March 2023

Pakistan: Bestway Cement has ignited the kiln of Line 1 of its Mianwali cement plant in Punjab. The line has a capacity of 2.3Mt/yr. The Pakistan Observer newspaper has reported that it increases the producer's cement capacity by 18% to 15.3Mt/yr and brings its total number of production lines to eight. The Mianwali cement plant is equipped with a 20MW solar power plant and will run on 50% renewable energy. It also has a 9MW waste heat recovery (WHR) plant, an air cooled condenser (ACC) system and a rainwater harvesting system.

Bestway Cement CEO Lord Zameer Choudrey said "It's a great day for the company. Our new greenfield production line at Mianwali has been set up in a record time, despite various hurdles and supply chain disruptions caused by Covid-19."

Published in Global Cement News
Tagged under
  • Pakistan
  • Bestway Cement
  • Plant
  • line
  • Kiln
  • renewable energy
  • Electricity
  • Solar power
  • Waste Heat Recovery
  • Water
  • air cooled condenser system
  • coronavirus
  • Sustainability
  • CO2
  • GCW602
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