Rock Products

NOV 2014

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ROCK products • NOVEMBER 2014 www.rockproducts.com 50 crease generation and the use of re‐ newable energy, aimed at contributing to environmental conservation," noted García Cárdenas. The solar plant, which is Cemex's first in the Caribbean, is in line with the company's commitment to sus‐ tainability and to reduce greenhouse gas emissions. Cemex plans to con‐ tinue innovations with other sus‐ tainable solutions like wind and ocean energy. Paraguay Seeks Financers for Plant Upgrade Paraguay President Horacio Cartes met late last month with Edgardo Srodek of the KBR Group, executives from Holcim, and Jorge Méndez, the head of the coun‐ try's cement company Industria Na‐ cional del Cemento (INC), to discuss a new 4,000‐tpd cement production line for INC's Vallemí plant. The new line would increase the pro‐ duction rate of the plant to 90,000 bags per day, doubling the current output. Cartes has met with other potential investors including Paolini Hnos, Loma Negra, and Cemex. Con‐ struction of the new line is intended to start in 2015. Moreover, INC also announced it would halt its kiln at the Vallemí plant to com‐ plete the replacement of its refractory. The maintenance will not affect output, which will remain at 45,000‐50,000 bags per day as the company has suffi‐ cient clinker stock to maintain daily pro‐ duction rates for 45 days. UltraTech Bids for Holcim, Lafarge Assets Aditya Birla Group, parent company of UltraTech, has submitted a bid for the Brazilian and Philippine cement assets that global giants Holcim and Lafarge are planning to sell ahead of their merger in order to comply with anti‐competition rules, reported the Times of India. Holcim has three integrated cement plants, two grinding stations and one ready‐mix facility in Brazil, while it has three units in the Philippines. The en‐ terprise value of the assets is pegged at $1.5 billion, according to sources. UltraTech, whose operations outside India include the United Arab Emi‐ rates and Sri Lanka, is looking to ex‐ pand its global footprint through the possible acquisition of the cement assets in Brazil and the Philippines. Oct. 20 was the last day to submit bids. The Birla group will compete with several industry consortia and private equity groupings that have been formed to pursue a deal for the assets, which is estimated to be val‐ ued at $5‐$8.85 billion. Skyonic Opens Commercial-Scale Carbon Capture and Utilization Facility Designed to be both beneficial for the environment and profitable for business, Skyonic Corp. opened Capitol SkyMine, a commercial‐scale carbon capture and utilization facil‐ ity, on Oct. 21. Located at Capitol Ag‐ gregates' San Antonio cement plant, the $125 million Capitol SkyMine will have a total carbon impact of 300,000 tons annually through the direct capture of 75,000 tons of CO 2 and transformation into solid, us‐ able products, like baking soda, bleach and hydrochloric acid. Using Skyonic's SkyMine technology, Capitol SkyMine is expected to gener‐ ate approximately $48 million in rev‐ enue and $28 million in annual earnings – all from greenhouse gas emissions that previously would have been released into the atmosphere. "The Capitol SkyMine facility is the first step in our vision to mitigate the effects of industrial pollution and close the carbon cycle," said Joe Jones, founder and CEO of Skyonic. "We are excited to mark this historic milestone with our innovative SkyMine technology to capture pol‐ lutants and transform them into everyday products." The SkyMine process allows owners of industrial facilities or fossil‐fuel‐ fired power plants to capture up to 90 percent of CO 2 emissions from flue gas and transform them into solid products that can then be sold for a profit. The creation of these carbon‐negative products will offset CO 2 emissions by displacing prod‐ ucts that are normally made through carbon‐intensive practices, accord‐ ing to the company. The introduction of this innovative

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