Rising ESG focus is good, but cement stocks need alternative power source2 min read 28 Dec 2020, 04:22 PM IST
The Street’s focus currently remains on demand growth and a meaningful pick-up in realization, say analysts
Cement companies are sharpening their focus on decarbonization by making fresh investments in installing waste heat recovery systems (WHRS), which traps the enormous heat generated during the manufacturing process and generates electricity, which can be used as an additional source of power. In simple terms, this method reduces carbon dioxide emissions by limiting the use of fossil fuels.
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