Month: April 2014

Domicem and Egehaina Sign Sale-Purchase Energy Contract

Domicem and Egehaina Sign Sale-Purchase Energy Contract

SANTO DOMINGO. EGEHAINA and DOMICEM S.A, underwrote a purchase-sale energy agreement to be employed in the operations of this cement production company. The contract signed between both companies establishes that EGEHAINA will supply DOMICEM, under user regulations not linked to the SENI, the total capacity of energy required for its operations, estimated at 118,000 MW/hours a year. The energy will derive from the Los Cocos Wind Park.

Through this agreement, DOMICEM will replace the electric energy consumed in its facilities, self-generated through operational engines fed with fuel oil, by clean energy and respectful of the environment asides being residue- free and low impacting to biodiversity. This agreement will allow the use of imported fuel, employed by DOMICEM for the self-generation of the electric energy consumed at its plant, which represents approximately about 5% of the national fuel oil for generation.

Likewise it will promote the reduction of CO2 emissions to the atmosphere, especially the annual 90,000 tonnes of CO2. The agreement signing act was headed by Mr. Marco Focardi, CEO of DOMICEM; Marcelo Aicardi, GM to EGEHAINA, and Osvaldo Oller Villaón, VP of DOMICEM.

Upon addressing the attendees, the CEO of DOMICEM pointed out how this strategic partnership, the company becomes more consequent with its sustainable development corporate strategy, which guides each phase and process of its operational performance

“The purchase of wind energy constitutes a fundamental action within the DOMICEM Sustainability Strategy for energetic transformation within the industry, as well as the conversion of residue into energy sources, decrease in energy consumption and the implementation of energy efficiency measures. These measures reaffirm the commitment of being a company that is respectful of the environment”, said Marco Focardi.

The EGEHAINA GM, Marcelo Aicardi, expressed his satisfaction that a company as renowned as DOMICEM has decided to operate using renewable energy.

About EGE Haina:

EGE Haina is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre