Cement News tagged under: Indian sub-continent
UltraTech's sales rise 6% YoY in 3QFY23-2402 January 2024, Published under Cement NewsUltraTech 's consolidated sales rose by six per cent per cent to 27.32Mt YoY in the third quarter ended 31 December 2023. Aditya Birla Group , UltraTech's parent company, announced in a regulatory filing that total sales volume in the domestic market was up five per cent YoY to 26.06Mt during the quarter under review. The company's domestic grey cement production was at 25.44Mt in the October-December 2023 quarter, reporting five per cent growth YoY, while its white cement production wa... |
Wonder Cement announces Tulsigam grinding plant02 January 2024, Published under Cement NewsWonder Cement Ltd has announced the setting up of a new production facility at Tulsigam, Gujarat, India. The 2Mta Tulsigam unit is set to augment the brand's manufacturing capabilities, seamlessly integrating with its existing production lines. "Each strategic move, including our new Tulsigam grinding unit, is aligned with our commitment to cater to Bharat’s evolving infrastructural demands. We're poised for continued growth and are deeply committed to quality, innovation, and societal ... |
Indian port modified norms for handling imported limestone02 January 2024, Published under Cement NewsPorbandar Port has made some changes in handling raw materials for cement and other industries. Porbandar is a medium-sized port on India's west coast, in the Saurashtra region of Gujarat state, and is owned and operated by the state-owned Gujarat Maritime Board (GMB). An interim measure pending issuance of new guidelines, subject to periodic review, has set a minimum limestone cargo discharge rate from a vessel lying at berth at Porbandar Port at 7000tpd. This refers to Gujarat Maritime... |
Power Cement exports to the UK02 January 2024, Published under Cement NewsPower Cement of Pakistan has marked a significant milestone. It has successfully entered the European market by exporting its high-quality cement to the United Kingdom. This initiative demonstrates Power Cement’s commitment to global expansion and positions the company as a formidable force in the international construction materials arena and, notably, as the first Pakistani cement exporter to enter the UK market. Saifuddin A Khan, director of export marketing at Power Cement, expr... |
Environmental threat as fly ash cargo sinks02 January 2024, Published under Cement NewsBangladesh's cement industry saw disappointing news about the wastage of imported raw materials from India for the industry. The local lighter vessel carried 1422t of fly ash from India to a cement factory in the Ghorashal area of Bangladesh, sank in the Sibsa River near the Sundarbans on 29 December in Southern Bangladesh. All 12 crew members on board managed to swim ashore safely, but the cargo was wasted in the river, The "MV Garohera" lifted anchor from Haldia port in India and was ... |
Ambuja Cement to add 1GW of renewable energy22 December 2023, Published under Cement NewsAmbuja Cement ( Adani Group ) has announced a plan to add 1GW of solar and wind generation capacity. The company will invest INR60bn (US$72m) in solar and wind projects in two Indian states. The line-up of renewables includes a 600MW solar PV project and a 150MW wind project in Gujarat, as well as a 250MW solar PV project in Rajasthan. Ambuja Cement said the addition of solar and wind generation capacity will be achieved by the FY25-26 while the company reach 200MW of renewable capacity... |
Pakistan’s cement and clinker exports increase22 December 2023, Published under Cement NewsPakistan’s cement industry has registered substantial growth in dispatches of cement and clinker exports in terms of value and quantity during the first five months of FY23-24 (July-November 2023) due to the continued depreciation of the Pakistani rupee against foreign currency and the falling coal prices. Pakistan’s cement and clinker exports increased by around 48.3 per cent in the 5MFY23-24 to US$114 (2.93Mt), compared to US$76.87m (1.54Mt) in the 5MFY22-23, the Pakistan Bureau of Stat... |
Pakistan cement prices rise due to freight costs21 December 2023, Published under Cement NewsCement prices across Pakistan have risen over recent weeks, according to the Pakistan Bureau of Statistics. The lowest price for a 50kg bag now stands at PKR1265 (US$4.52) with the maximum price coming in at PKR1400. Prices in the north of the country have reported an almost two per cent uptick from an average of PKR1220 in late November/early December to PKR1271/bag. Reports by the Pakistan Observer suggest the price increases are being driven by higher freight rates. The Pakistan govern... |
Pakistani cement dispatches down 2% in November18 December 2023, Published under Cement NewsPakistani cement dispatches fell by 2.1 per cent to 3.924Mt in November 2023 from 4.009Mt in November 2022, according to the All Pakistan Cement Manufacturers Association (APCMA). Local cement dispatches dropped by 15.5 per cent YoY to 3.262Mt in November 2023 from 3.862Mt in the year-ago period. Northern mills dispatched 2.867Mt, down 12.2 per cent YoY in November 2023 when compared with November 2022, when 3.267Mt were dispatched. Southern mills saw dispatches fall by 22.9 per cent YoY... |
Bangladesh's foreign and local cement firms report mixed financial results in 1QFY2415 December 2023, Published under Cement NewsThe Bangladesh foreign and local cement firms listed at the Dhaka Stock Exchange (DSX) improved their earnings in the July-September quarter of FY23-24, overcoming challenges stemming from rising energy costs and the depreciation of the taka currency against the dollar during this accounting period. According to local media, the cement makers partially offset additional costs by boosting sales prices and taking advantage of the recent reduction in raw materials prices in the global market. ... |