Cement producers ask about CO2 limits

25-06-2008, 10:31

Warsaw (Puls Biznesu) – Cemex and Lafarge stop their investments in Poland. This is their reaction to government’s lack of  decisions concerning CO2 limits.

The government has not split CO2 limits in the years 2008-12 yet. It may do this next week.

“This is unacceptable that there are no rules of monitoring the trade with the emissions. No reserve and no access to the reserve have been settled for new investments. This situation means that many investments endangered”, Tomasz Chruszczow, Forum CO2 CEO said.

Cemex of Mexico has decided to stop its investments in Poland. French Lafarge has similar plans.

“In the years 2008-12, the cement producers will need 12.5m tons of rights to issue CO2. In 18 months, we will lack 2.7m tons from the reserve for new installations”, Jan Deja, the director of the Association of Cement Producers added.

The companies will work at full capacity. Gorazdze Cement has launched modernization worth PLN 500m (EUR 149m) to increase its capacity by 30 percent, or by 1.2m tons annually. Cemex would increase production by 1m tons thanks to the modernization.

(PLN 1 = EUR 0.298)

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