Cement News tagged under: Indian sub-continent
The rise of Bangladesh's clinker imports21 December 2022, Published under Cement NewsBangladesh’s cement industry is expanding with clinker imports rising for the last five fiscal years. According to the Chittagong Port Authority (CPA), the main seaport of Bangladesh, the authority handled 35.130Mt of clinker imports in the financial year 2021-22 (July–June), compared to 33.297Mt in the year-ago period, marking growth of 5.52 per cent. This compares to 21.49Mt in 2017-18, 24.82Mt in 2018-19, and 24.04Mt in 2019-20. Similarly, data from the Bangladesh Central Bank reports ... |
India to implement quality control measures for cement and concrete21 December 2022, Published under Cement NewsIndia plans to introduce quality control measures for the cement and concrete building materials industries by 2023, according to Reuters. The government reportedly believes that better standards will help the industries comply with international standards, which, in turn, will improve exporting opportunities. |
UltraTech Cement Ltd and IRM sign MoU20 December 2022, Published under Cement NewsIRM India Affiliate has signed a memorandum of understanding (MoU) with UltraTech Cement Ltd . IRM is the world’s leading professional body for enterprise risk management (ERM) qualifications across more than 140 countries and UltraTech is the largest manufacturer of grey cement and ready-mix concrete (RMC) in India. Both organisations will work towards enhancing ERM and risk intelligence in the Indian cement sector. Additionally, Atul Daga, executive director and CFO of UltraTech, has j... |
Cement exports and production fall during 5MFY23 and 4MFY2319 December 2022, Published under Cement NewsPakistan's cement industry export revenue in the first five months of FY22-23 (July-November 2022) drastically fell on account of value and volumes, leading to reduced export earnings on YoY and MoM basis, according to the country’s Federal Bureau of Statistics (FBS). The production also contracted during the first four months of the current financial year. During the 5MFY22-23, the cement industry earned US$76.87m by exporting 1.547Mt of cement and clinker, compared with US$115.99m from ... |
ACC Ltd and Ambuja Cements shut two plants over transporter dispute16 December 2022, Published under Cement NewsThe management of Ambuja Cements and ACC Ltd ( Adani Group ) have shut the Darlaghat/Rauri and Gagal plants following a rise in transportation and raw material costs, and a dispute between the cement transporters and cement producers regarding the increase in freight charges. The dispute has adversely affected the market share of the company as cement transports have fallen considerably. All employees have been advised not to attend duties with immediate effect until further inst... |
Cement industry seeks government support to overcome duty issues15 December 2022, Published under Cement NewsBangladesh's cement industry seeks relief from the government on the sudden imposition of supplementary duty on raw materials, along with nonadjustable Advance Income Tax (AIT), fuel shortages, high transportation costs, and increasing currency value. President of the Bangladesh Cement Manufacturers Association (BCMA), Alamgir Kabir, gave a current picture of the country's cement sector at a press conference in Dhaka. According to local media sources, the BCMA raised concerns over the si... |
West Bengal invites cement producers to invest15 December 2022, Published under Cement NewsShashi Panja, Commerce and Industry Minister of West Bengal, India, has openly invited cement companies to invest in the state. Speaking at an interactive session on cement organised by the Indian Chamber of Commerce on 14 December 2022, Ms Panja said that growing cement demand in the east of the country and the abundant availability of coal make the state a suitable destination for cement manufacturers. With many cement producers facing rising coal prices and shortages in supply, the Wes... |
UltraTech Cement commissions 1.9Mta grinding plant14 December 2022, Published under Cement NewsUltraTech Cement ( Aditya Birla Group ) has commissioned its 1.9Mta greenfield clinker backed grinding capacity at Pali Cement Works , Rajasthan India. This forms part of the first phase of capacity expansion announced in December 2020, as informed earlier by our letter dated 3 December 2020. The company along with its subsidiary now has 16.25Mta cement capacity in the state of Rajasthan spread over five separate plant locations. UltraTech Cement’s total cement manufacturing capacity i... |
Dalmia Bharat to acquire Jaiprakash Associates Ltd13 December 2022, Published under Cement NewsFollowing CemNet's Jaiprakash Associates Ltd news story on Monday , Dalmia Bharat Cement has announced the acquisition of the cement assets of Jaypee Group 's flagship company Jaiprakash Associates Ltd (JAL) and its associate company's at an enterprise value of INR56,660m (US$). In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement (Bharat) Ltd (DCBL) has entered into a "binding framework agreement for the acquisition of clinker, cement and po... |
Adani Cement launches Geoclean waste management solution13 December 2022, Published under Cement NewsAdani Cement has launched its new waste management initiative, Geoclean, to reduce emissions from its cement production processes. Built on the foundation of sustainability and circular economy, Geoclean offers innovative waste management solutions to the agricultural, industrial and public/municipal sectors. Through the co-processing of waste from these sectors, Geoclean ensures the recovery of energy and recycling of materials, leaving zero residues, reports India CSR. “We are committ... |