Cemex deal for Vulcan

A Landmark utilities connection agreement sees CEMEX reduce operational expenditure and CO2 emissions through innovative third-party investment solution from Decarbon Capital.
April 16, 2015 Read time: 2 mins

A Landmark utilities connection agreement sees 3016 CEMEX reduce operational expenditure and CO2 emissions through innovative third-party investment solution from Decarbon Capital.

Decarbon Capital and CEMEX UK, the leading building materials solution provider, have successfully achieved a landmark private investment whereby CEMEX will connect 10 of their UK sites to the national gas and power transmission systems. The investment will reduce their dependency on transported fuel oil and diesel, saving 7,500 tonnes of CO2 annually and achieving a material reduction in their annual energy costs.

Decarbon provided the investment mechanism with performance based repayments and sourced the most appropriate funds to achieve CEMEX’s goals. The one key element to guarantee the success of the savings was the choice of the combustion burner. The Vulcan ranges of burners designed by 4720 Asphalt Burner Services and are produced in the UK. The Vulcan Burner will specifically deliver the most efficient combustion requirements to the asphalt production process. This will bring the total number of Vulcans in operation throughout the UK this year to 34.

This investment follows on from a successful pre-cursor fuel switching investment which took place at CEMEX’s Lincoln plant in August 2013 after CEMEX and Decarbon signed an agreement to explore and implement funded energy saving solutions that reduce both operational costs and environmental impact. The funds for the project have been provided by the Foresight Group, the leading independent infrastructure and private equity investment manager.

Vulcan Burners work closely with third party investors, and assists customers with funding from the Carbon Trust to allow producers to implement replacement burner projects. We are confident that the Vulcan burner will deliver fuel savings which are considerably adequate to finance the project over a short period of time.

Materials

For more information on companies in this article

Related Content

  • Putting roller compacted concrete to the test
    June 28, 2013
    Although it has been around since the 1970s, roller compacted concrete (RCC) is starting to look a whole lot more attractive, thanks to the rising price of bitumen. Now the challenge is to define specifications and tests to help ensure quality - Kristina Smith reports. At a meeting of the American Concrete Pavement Association in December 2011, there was a sea-change in the attitude towards roller compacted concrete (RCC). Up until that point, the feeling among the 400-plus members, of which half are contra
    Read More
  • Upgrades to existing plants with retrofits
    June 24, 2021
    Existing mix plants can be upgraded significantly by retrofitting, as has been seen by a plant upgrade for a client in Mintraching, close to Regensburg in Bavaria
    Read More
  • A breakthrough in the horizontal reuse of PA (porous asphalt)
    May 12, 2016
    An ambitious objective has led to significant steps in the reuse of PA (porous asphalt). While the market incidentally produces PA with a maximum of 30% of recovered raw materials, BAM has introduced its own innovations, enabling more than 90% of raw materials to be reused. And this year, subsidies from the European Commission will enable the LE2AP demonstration project to be constructed: one kilometre of sustainable PA. Large-scale production is also being developed.
    Read More
  • Global pressures driving bitumen developments
    June 19, 2015
    A raft of global pressures is driving developments in the materials and equipment we use for the handling, storage and treatment of bitumen. The goal is to achieve better performance and longer life for less financial outlay, and at the same time overcome the challenges of inconsistent and varying bitumen supplies. Kristina Smith reports.
    Read More

Highlighted Content