PGNiG and Lafarge get approval for joint venture
Poland’s Office of Competition and Consumer Protection (UOKiK) has approved a joint venture agreement signed by PGNiG Termika, the heat generation subsidiary of natural gas firm PGNiG, and Lafarge Cement.
The aim of the joint venture is to build a unit that separates ashes produced in power generation in PGNiG’s Siekierki power plant in Warsaw. High carbon ash will be used for further combustion and so-called proash will be purchased by Lafarge Cement for use in concrete manufacturing.
PGNiG Termika and Lafarge Cement signed the joint venture agreement in late November 2013. The PGNiG subsidiary will hold 70 percent in the newly created firm.
