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Arabian Cement, ERC sign agreement to supply 300K tons of pet coke/year

Arabian Cement, ERC sign agreement to supply 300K tons of pet coke/year

ArabFinance: Arabian Cement Company (ACC) announced today it signed an agreement with the Egyptian Refining Company (ERC) to supply local petroleum coke, also known as pet coke, with an annual volume of 300,000 tons as of July 2019. 

" This agreement aligns with Arabian Cement Company's efforts to reduce production costs, highlighter our leading market position in implementing projects and signing agreements with key industry partners, and improving the operational performance of the company by diversifying energy sources," said Sergio Alcantarilla, CEO of ACC. 

Petcoke is solid nonvolatile residue with is obtained as the final still product in the distillation of crude petroleum and whose purity makes it desirable for metallurgical processes, for carbon electrodes, and as a fuel. 

ACC is pioneering the use of alternative energy in the Egyptian cement industry as the first cement company in Egypt to establish a coal mill and the first to establish a solar power station inside its plant. 

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