Displaying items by tag: Arabian Cement

Egypt: Arabian Cement Company (ACC) has signed a €25m loan agreement with the European Bank for Reconstruction and Development (EBRD). The loan will be used to assist the company’s decarbonisation efforts. It will finance the company’s alternative fuel capacity expansion and automation of its facilities. The company will also acquire and install a hydrogen injection system at its Ain Sokhna cement plant. This will reduce CO₂ emissions by 130,000t/yr.

CEO of Arabian Cement, Sergio Alcantarilla, said "This agreement with EBRD is a key milestone in ACC's sustainability journey, supporting our transition to cleaner technologies. The integration of the hydrogen injection at our Ain Sokhna plant will enhance operational efficiency and significantly reduce our carbon footprint."

Egypt: Arabian Cement plans to use alternative energy to increase its capacity to 100%, according to company CEO Jose Maria Magrina. The company is currently running at approximately 80% of its installed production capacity, with around 70% of the energy it uses being coal. In the meantime, 10% of its energy is reliant on alternative energy such as waste and biomass.

Arabian Cement is currently working on the completion of another installation that would enable the use of waste as alternative fuel, thus allowing its production capacity to reach 100%. The conversion will be completed within four weeks. "We can increase production the moment we finish our complete conversion to alternative fuels," said Magrina.