Cement News tagged under: Asia
Ramco Cements sees 55% fall in net profit26 July 2024, Published under Cement NewsThe Ramco Cements Ltd reported a 55 per cent fall in net profit to INR355m (US$4.24m) during the quarter ended 30 June 2024, compared to INR793m in the same quarter of 2023. The company’s net revenue decreased by seven per cent in the first quarter of FY24-25 to INR20.97bn, down from INR22.49bn in the same period of FY23-24. During the first quarter of FY24-25, sales volume was 4.4Mt, compared to 4.3Mt in the April-June quarter of 2023. This was due to weak demand amid general electi... |
Liangtian lights up22 July 2024, Published under Cement NewsEarlier this year, China Resources Liangtian Cement Co’s new production line in Chenzhou City, China, built by Tianjin Cement Industry Design and Research Institute (TCDRI), passed its acceptance tests with flying colours. China Resources and TCDRI highlight the line’s pyroprocessing design and achievements following its commissioning. By Gao Weimin, Dr Ma Jiaomei, Yang Huanying and Wang Jiashuo, Tianjin Cement Industry Design and Research Institute Co Ltd, China, and Dr Tao Congxi, China Re... |
Taiheiyo Cement Phillipines inaugurates Cebu plant22 July 2024, Published under Cement NewsA PHP12.8bn (US$219.25) cement plant has been opened in San Fernando, Cebu, in the Philippines by Japan-based Taiheiyo Cement . The inauguration marks a substantial investment for Taiheiyo Cement Philippines Inc (TCPI) and the country’s infrastructure ambitions. “Taiheiyo’s new San Fernando plant will increase the Philippines’ cement production by 3Mt annually, reducing our dependence on imports,” Trade Secretary Alfredo Pascual announced. “This investment aligns with the government’... |
Singapore's first electric concrete mixer truck arrives at Pan-United22 July 2024, Published under Cement NewsSingapore-based concrete supplier Pan-United Corp Ltd has unveiled the country's first fully-electric concrete mixer truck, highlighting its commitment to sustainability. The adoption of electric vehicles (EVs) represents a milestone in the company’s efforts to become a carbon-neutral ready-mix concrete company by 2050. The electric mixer truck will reduce the carbon footprint associated with the haulage of concrete by 45 per cent, compared to a vehicle using fossil-fuel. Furthermore,... |
Cemex Philippines begins its integration with DMCI18 July 2024, Published under Cement NewsDMCI Holdings Inc is gradually integrating its business with cement producer Cemex Holdings Philippines Inc , initially through the company’s power unit. In a stock exchange filing on Monday, 15 July, Cemex announced that its subsidiary, APO Cement Corp , has signed a retail supply agreement with SEM Calaca RES Corp, the retail power supply arm of Semirara Mining and Power Corp. According to Cemex, the contract will lapse on 25 December 2024. A source close to the deal said the ag... |
Boiler explosion kills two and injures 14 at UltraTech plant09 July 2024, Published under Cement NewsA boiler explosion at the UltraTech Cement factory in the Jaggaihpet region of India has reportedly killed two workers and injured 14 others. Of the injured, Avula Venkatesh and Paritala Arjun died while being treated, and a further three workers are said to be in critical condition according to NTR District Collector, Gummalla Srijana. The Jaggaiahpet police have announced that the explosion may have occurred due to a suspected gas leak in the boiler unit, following a p... |
Dalmia Bharat adds 1Mta of capacity at Kadapa05 July 2024, Published under Cement NewsDalmia Bharat Ltd has expanded the capacity of its integrated cement production facility at Kadapa in Andhra Pradesh by an additional 1Mta. The company announced on 4 July that the expanded capacity had begun production. The expansion, which required an investment of INR2.07bn (US$24.79m), will increase the total capacity of the Kadapa unit to 3.6Mta and the company’s total installed capacity to 46.6Mta. The expansion aims to meet the growing cement demand in the southern markets and... |
Vietnam cement exports drop 10.8% in 1H2402 July 2024, Published under Cement NewsBetween 2019 and 2022, the average export value of cement and clinker ranged from US$1bn to US$1.3bn annually. However, in 2023, export earnings sharply declined due to falling prices. The average Free On Board (FOB) price of clinker fell to US$31-32/t in May 2024, a notable decrease from US$46-48/t in 2022. The country’s Ministry of Construction (MoC) cited an increase in the tax on clinker exports, from five to 10 per cent as of 1 January 2023, as a key factor making Vietnamese clinker... |
Dalmia Bharat to collect an additional 70,000t of RDF from Gadakana01 July 2024, Published under Cement NewsThe Bhubaneswar Municipal Corp(BMC) has announced its decision to allow Dalmia Cement (Bharat) Ltd to collect an additional 70,000t of refuse-derived fuel (RDF) from the Gadakana temporary transit station. The RDF is produced from the waste that is processed at the site. Previously, the state government had partnered with four cement plants – Dalmia’s Rajgangpur, Siva Cement’s Kutra, ACC’s Bargarh and Toshali Cements’ Ampavalli – to manage non-recyclable waste, but only Dalmia has an a... |
Cementtech 2024 takes place in Wuhan27 June 2024, Published under Cement NewsCementtech 2024 opened its doors yesterday to over 20,000 visitors and 1500 exhibitors from across the globe in its 15,000m 2 exhibition area. Hosted at the picturesque Wuhan International Conference and Exhibition Center, this event unites industry-leading technology and service providers, cement manufacturers and cement sector experts. Two primary themes of the event were the decarbonisation and digitalisation of the cement production process. The first day of Cementtech witnessed solu... |