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CapMan Growth Equity III Invests in Tana Oy
Written by Global Cemfuels staff
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.
National Cement's Lebec limestone calcined clay plant to use pistachio shells as fuel
Written by Global Cemfuels staff
26 March 2024
US: National Cement is upgrading its Lebec cement plant in California to make it carbon neutral. The upgrade involves a transition to limestone calcined clay cement (LC3) production. The producer will also substitute fossil fuels with locally-sourced biomass, including pistachio shells, in cement production. Lastly, a carbon capture installation will remove 950,000t/yr of CO₂ from the plant’s flue gases.
Cemex uses 37% alternative fuel globally in 2023
Written by Global Cemfuels staff
25 March 2024
Mexico: Cemex said in its Integrated Report 2023 that its alternative fuel (AF) substitution rate rose to 37% in 2023. The group attributed the rise to its deployment of hydrogen injection technology.
Cemex said “We continued our global roll-out of hydrogen injection technology, and it's now used in half of our cement plants. In Mexico alone, we made sizeable investments installing new hydrogen units and plan to continue scaling hydrogen use in our operations worldwide.”
New waste processing plant to produce alternative fuel in Kharkiv Oblast
Written by Global Cemfuels staff
25 March 2024
Ukraine: The construction of an upcoming waste processing plant in Derhachi, Kharkiv Oblast, is 97% complete. The plant will process 250,000t/yr of waste and create 152 new jobs. Eco Politic News has reported that the plant will also collect landfill gas, which will be used in power generation.
The Ukrainian State Environmental Inspectorate said “Kharkiv is not only one of the largest cities in Ukraine, but also located in the frontline zone, so effective waste management in the city is an indicator not only of environmental awareness but also of readiness for crisis situations.”
Fornnax launches SR-200 HD dual-shaft primary shredder
Written by Global Cemfuels staff
22 March 2024
India: Fornnax launched its new SR-200 HD dual-shaft primary shredder on 20 March 2024. The supplier says that the launch signifies a major advancement in the field. The SR-200 HD shredder is specially adapted for tyre-derived fuel production. Its slow-speed shafts produce up to 200,000Nm of torque, allowing it to process the most challenging materials. Fornnax secured six pre-launch orders for the shredder, from India, Australia, the Middle East and Europe.