Cement News tagged under: India
Strike held in Mizoram against rising cement prices13 July 2018, Published under Cement NewsAll Mizoram cement and iron rod dealers on Wednesday observed a daylong strike across the northeast Indian state to protest a hike in cement prices by three companies – Dalmia, Star and Topcem. The strike was called by the All Mizoram Cement and Iron Rod Dealers' Association (AMCIRDA) and was strictly observed in all parts of the state, said the association's Secretary, Henry Lalbiakzinga. The leader said the three cement companies have recently hiked the prices of cement in Mizoram from ... |
Gujarat leads the way in plastic co-processing12 July 2018, Published under Cement NewsGujarat cement plants substituted coal with 350,000t of plastic waste in 2017-18, the highest volume across all Indian states. "We facilitated management of 120,000t of plastic waste in 2017 as alternate fuel in our 14 plants across India, more than half of which was in Gujarat plants alone," according to Ulhas Parlikar, director, Geocycle India. India’s Central Pollution Control Board has authorised 54 plants to use plastic for co-processing, with 15 plants currently doing so, according ... |
Shree Cement acquires 98% stake in UCC12 July 2018, Published under Cement NewsShree Cement has completed the acquisition of a 97.6 per cent stake in the UAE’s Union Cement Co (UCC). The deal was struck through the company’s wholly-owned subsidiary, Shree International Holdings, incorporated in the UAE. The acquisition was managed by Ras Al Khaimah’s Investment and Development Office (IDO) on behalf of the government, according to an official statement. "The acquisition of UCC manifests Shree’s strategy to expand overseas, taking the UAE as a launch pad for more inv... |
Birla White to increase exports09 July 2018, Published under Cement NewsIndia’s Birla White, a division of UltraTech Cement Ltd, has announced plans to increase exports over the coming years. "Currently, the volume is just about three per cent of our total volumes but over the next three to five years, we are targeting 10 per cent of the total volume," said Anurag Angrish, joint executive president (marketing), Birla White. Furthermore, the company expects to release four new products within two years. "The new products will again induce demand for white ... |
Dalmia appoints Ujjwal Batria as COO02 July 2018, Published under Cement NewsDalmia Cement (Bharat) Ltd has appointed Ujjwal Batria as COO of the company. Mr Batria will lead the operation of sales and marketing, logistics, manufacturing and technical services departments, according to the company. Mr Batria has previously served as CEO of Lafarge India Ltd, alongside associations with Century Textiles & Industries Ltd and Tata Steel. |
UltraTech commissions second grinding unit in Dhar29 June 2018, Published under Cement NewsIndia’s UltraTech Cement has commissioned its second 1.75Mta grinding facility at Dhar, Madhya Pradesh, with the first entering operation in April 2018. The new plant increases the company’s total manufacturing capacity to 92.5Mta and with further ongoing expansion projects this is expected to rise to 96.5Mta in the future. |
ICRA: India’s FY19 cement output to rise 6% YoY27 June 2018, Published under Cement NewsWith a recovery in the affordable and rural housing markets and infrastructure construction picking up, India’s domestic credit rating agency ICRA expects cement production in India to rise by six per cent in FY19. However, rising input costs will continue to dampen company profits. Output from India’s cement plants reached 298Mt in FY18, a 6.3 per cent rise when compared with the 280Mt. The main share of this growth took place in the second half of the financial year as key markets regi... |
Pakistan Cement industry export revenue rises 9% in May27 June 2018, Published under Cement NewsAccording to Pakistan's Federal Bureau of Statistics, the Pakistan cement industry earned a foreign exchange revenue of US$20.78m by exporting 446,741t of cement in May 2018 compared to US$19.147m on 404,898t of cement in previous month. This represents a MoM growth of 8.6 per cent and 10.3 per cent in terms of value and quantity, respectively. When compared with the figure of May 2017 – earning US$14.863m on 283,193t of cement – cement exports advanced YoY at 39.9 per cent and 57.8 per cen... |
Coal India notifies coal e-auction22 June 2018, Published under Cement NewsIndia’s cement producers, along with other sectors such as the captive power industry, will be able to take part in the fourth auction round of coal linkages, Coal India Ltd (CIL) announced. Some 57Mt of coal were put on offer in the three previous rounds that have taken place since June 2016. The auction is conducted by MSTC Ltd. The entire process of allocating linkages in this way is the result of a decision taken by the India’s Cabinet Committee on Economic Affairs two years ago. The... |
Kerala records INR40 price hike19 June 2018, Published under Cement NewsA INR40 (US$0.59) price hike in Kerala, India, over the past week has been blamed on cement companies and the state’s failure to organise a price regulatory body, according to The Hindu. The price has increased from INR355-360/bag to INR395-400/bag. While cement sales in the state usually record a 20 per cent dip in monsoon season, this price increase has negatively affected the cement suppliers. "Apart from the consumers, we too are badly affected. Dealers are struggling to pay wages... |