In 2016, the Moa Joint Venture completed construction and commissioning of the third acid plant for producing sulphuric acid in Moa.
The project was delivered within the established construction timeline and budget of US$65 million. It also represents the Joint Venture’s first capital project to be fully financed by a Cuban financial institution.
“We were pleased to complete this expansion project and to see it start up successfully on time and on budget,” said David Pathe, Sherritt’s President and Chief Executive Officer. “The third acid plant delivers significant cost savings and reduces fuel consumption. The safety record during construction and commissioning was impressive. A 0.48 lost time injury rate with over 1.2 million exposure hours speaks to the high standards upheld by the Cuban construction workforce.”
The new plant resulted in a 20% reduction in emissions between August and December 2016, due to the double-absorption process, and is poised to result in a reduction of up to 100 kilotonnes of CO2e annually in the future. In 2017, Moa experienced the first full year of operations of the acid plant. The new plant resulted in significant fuel savings and the site experienced a 2% drop in Scope 1 GHG emissions and a 13% reduction in energy consumption as a result.