Arabian Cement Co., the Egyptian Refining Company (ERC) signed an agreement on annual supply of petroleum coke of 300,000 tonnes.
The deal was valid starting from July yet the value of the deal wasn’t disclosed.
“This agreement aligns with Arabian Cement Company’s efforts to reduce production costs,” the company’s CEO, Sergio Alcantarilla, said, adding that the company also aims to diversify its energy sources.
It is worth mentioning that Petroleum coke is a byproduct of the oil refining process. As refineries worldwide seek to operate more efficiently and extract more gasoline and other high value fuels from each barrel of crude oil, a solid carbon material known as petcoke is produced.
Arabian Cement Company (ACC) (ACGC), the leading cement producer in Egypt, was the first to establish a coal mill which helps its production plant to operate using 14% alternative fuel material and about 86% coal.
Since 2015, when ACC first implemented this groundbreaking approach to alternative fuel consumption in Egypt, the company has given away 100% of the amount of natural gas required to operate its plant, equating to 378 million m3 of natural gas a year saved by the alternative fuel system.
