Cemex Has Reached an Agreement with Chinese Sinoma Energy Conservation Ltd

Cemex has reached an agreement with Chinese Sinoma Energy Conservation Ltd. To build a waste heat-to-energy (WHTE) facility. The 800 million Philippine peso (approximately US$18.6 million) facility will be placed in Cemex’s solid cement plant in Antipolo city in the Philippines, and will have the capacity to capture the cement plant’s excess heat to produce usable electricity. Under the contract signed in Beijing, China, Sinoma agreed to design, build, operate and manage the 6 MW power plant. The facility is expected to mitigate the negative effects of power service interruptions, help reduce dependence on high-cost power sources, and reduce the plant’s carbon footprint. Joaquin Estrada, President of Cemex Asia, said: “Cemex is innovating ways to reduce operational costs, increase efficiency, and continue reducing our carbon footprint. This project is one of many that solidify our commitment to sustainable development. ” The Antipolo project is also a first of its kind outside China for Sinoma, who hope to replicate it elsewhere in the world. Zhang Qi, Sinoma EC Chairman, explained that the project is “an important milestone” in Sinoma-EC’s ‘Go Out’ strategy. Source: uaecement.com