Egyptian pound wavers vs. USD in early trade    SCZONE showcases investment opportunities to eight Japanese companies    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    Egypt's PM meets Tokyo governor, witnesses signing of education agreements    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Egypt's Sisi, France's Macron discuss Gaza ceasefire efforts in phone call    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Indian tourist arrivals to Egypt jump 18.8% in H1-2025: ministry data    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Industry Minister seeks to increase use of cement plants for alternative fuel sources by 30%
The increase of alternative fuel sources will save $50m annually by 2025, says minister
Shaimaa Al Aees Published in Daily News Egypt on 13 - 10 - 2016

Minister of Industry and Foreign Trade Tarek Kabil announced that the ministry has completed a study on "interest earned from using alternative fuel sources, an alternative to fossil fuel, for cement plants production in Egypt". The study discussed the economic feasibility achieved in the case the use of cement plants is increased from 6.4% to 30% during the coming 5 to 10 years.
Kabil noted that the outcomes of the study are consistent with the strategy of both the ministries of industry and the environment in order to promote the domestic industry and taking into account the environmental requirements. In addition, saving energy and diversify energy used in different economic sectors, especially in the power-intensive industries such as cement.
The minister expects that the total consumption of cement plants from coal will reach 9.7m tonnes annually by 2025.
He revealed that the ministry, in collaboration with the Ministry of Environment, will disseminate the outcomes of the study through the implementation of a number of experimental models in some governorates.
The increasing use of alternative fuel sources will participate in saving $50m annually by 2025, in addition to reducing the current emissions of carbon dioxide resulting from cement factories.
The study was conducted by the Ministry of Industry, International Finance Corporation, the Ministry of Environment and the Cement Division of the Building Materials Chamber at the Federation of Egyptian Industries. Moreover, the study was conducted through meetings with a sample of 14 cement plants, which constitutes 75% of cement plants that operate in the Egyptian market.

Clic here to read the story from its source.