Cimpor Spins a 40% Cut in Its Own Power Bill Into a New Energy-Services Business — Portuguese Industry Races for Self-Generation as Energy Devours a Fifth of Operating Costs
Cement maker Cimpor has launched an energy business unit built on in-house expertise that cut its own electricity bill by around 40%. The move tracks a wider scramble in Portuguese industry to self-generate, as energy eats up to a fifth of operating costs.