Items filtered by date: Monday, 08 April 2024
Saraburi cement plants to turn waste into energy 08 April 2024
Thailand: Saraburi, which houses Thailand’s key cement plants, is expected to start converting waste to energy in a project led by the Thai Cement Manufacturers Association (TCMA). TCMA has developed a pilot project to create ‘ignitable waste pallets’, which will replace imported coal in cement production, according to TCMA chair Dr Chana Poomee. The process involves using waste from mining, cement plants and local communities to produce fuel, focusing on waste that cannot be reused or recycled.
Seven cement plants are located in the Tan Diao subdistrict due to its proximity to limestone mountains essential for cement production. The province is facing a growing waste management problem, owing to urbanisation and the expansion of agribusiness in the area. ‘Saraburi Sandbox’ project, a public-private-people partnership (PPP), seeks to address these issues.
Kittipong Promwong, president of the National Higher Education, Science, Research and Innovation Office, believes the Saraburi Sandbox is crucial to the government's commitment to lowering CO₂ emissions.
CapMan Growth Equity III Invests in Tana Oy 08 April 2024
Finland: Circular materials processing equipment specialist Tana Oy has received an initial investment from the CapMan Growth Equity III fund. Other participating investors include Elo Mutual Pension Insurance Company. The new funding is intended to fuel Tana Oy's further expansion. The company said that the Kangas family remain its primary owners.
Tana Oy expects to record €65m in turnover in the 2024 financial year (1 April 2023 – 31 March 2024). It maintained over 20% year-on-year growth in turnover over multiple previous years.