(Philippines) — Cemex Philippines will build an P800-million power plant designed to capture excess heat from the cement factory at its Solid Cement plant in Antipolo City, Rizal province.
Cemex regional president for Asia Joaquin Miguel Estrada bared the plan following the signing of a power supply agreement with Sinoma Energy Conservation Ltd. of China. Sinoma will build the P880-million waste heat-to-energy facility, a first for the Cemex group of cement plants worldwide.
“Cemex is a company that wants to achieve a corporate objective of lower operational costs, and also push an agenda to lower our carbon footprint, and this project is proof positive of our commitment to sustainable development,” Estrada said.
Under the contract signed in Beijing, China, Sinoma will design, build, operate and manage the 6-megawatt power plant that uses a technology converting waste heat from the cement plant into usable electricity.
The facility is expected to spare Solid Cement from the adverse effects of power service interruptions, help alleviate our country’s dependence on high-cost power sources and help address the global problem of climate change.
The Antipolo project is also a first for Sinoma outside China, with prospects of replicating it elsewhere in the world.
“This project is not only the first waste heat recovery investment project, which cooperates with Cemex Group, but also the first exploration of Chinese corporation investing in the construction of waste heat recovery power station overseas,” Zhang Qi, Sinoma EC chairman, said.
Cemex Philippines president Pedro Palomino said the project was consistent with its policy of pursuing expansion plans within the parameters of sustainable development.