Cement News tagged under: Dungsam Cement
Dungsam Cement reports impact of lockdown16 April 2020, Published under Cement NewsBhutan’s Dungsam Cement Corp has been adversely affected by the lockdown in India, according to Sonam Jigme, CEO. No export volumes or revenue have been recorded from 21 March to 12 April, compared to around 75,000t sold and BTN323m (US$4.2m) of revenue last year. Around 81,280t had been sold domestically from 1 January to 21 March, earning BTN488m. However, only 24,233t has been recorded after 21 March. Mr Jigme said that although there is domestic demand, sales have considerably fall... |
Dungsam Cement reduces losses in 201824 May 2019, Published under Cement NewsBhutan’s Dungsam Cement Corp Ltd (DCCL) has reported the narrowing of its losses to BTN30m (US$430,624) in 2018 from BTN720m in the previous year. The company has attributed the improved results to an uptick in cement production from 200,000t when its plant was commissioned in 2014 to 633,000t last year. The company now aims to make its maximum profit in 2019 and eradicate its losses, according to BBS News. The company mainly supplies to the country’s hydropower projects, delivering 291,79... |
Bhutan: Dungsam Cement resumes cement supplies to dam projects03 February 2017, Published under Cement NewsDungsam Cement Corporation (DCCL) has resumed the supply of cement to two major hydropower projects in Bhutan after deliveries were halted for 10 days, Kuensel Online reports. Contractors working on the Mangdechhu and Punatsangchhu hydropower projects had complained about the quality of cement being supplied by Dungsam and rejected deliveries totalling around 300-450t. Another customer in India also returned 15 truckloads of cement. DCCL’s Deputy Managing Director, Karma Gayleg, explai... |
A new dragon rises08 June 2016, Published under Cement NewsIt has been a protracted project to finally establish a commercially-viable 1.36Mta capacity cement plant in Bhutan. The development of Dungsam Cement was hit by several setbacks, but today it is starting to see production reach higher levels, and with the help of Humboldt Wedag engineers, it is on the path to a better future. By Dungsam Cement, Bhutan. Dungsam Cement is a greenfield plant situated on the river Kerung ri, southern Bhutan Dungsam Cement Corp Ltd (DCCL) is a Royal... |
Dungsam Cement eyes northeast Indian markets11 February 2014, Published under Cement NewsBhutan-based cement producer Dungsam Cement is looking to market its cement in northeastern India. A wholly-owned subsidiary of the government’s Druk Holdings & Investments, Dungsam Cement operates a 1.36Mta cement works in Nganglam, southeast Bhutan, and close to India. Dorji Norbu, managing director of Dungsam Cement, told the Economic Times that given the relatively small size of the Bhutanese market, the company plans to export 70-80 per of its cement to India. The necessary licens... |
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