Cement News tagged under: Indian sub-continent
Shree Cement starts commercial production at Baloda Bazar29 March 2022, Published under Cement NewsShree Cement has started commercial production at company's Kiln No 3 clinkerisation unit at Baloda Bazar , near Raipur in Chhattisgarh, India. The facility has a clinker capacity of 12,000tpd (4Mta). Earlier on 16 March, the company announced that it commenced trial run of its new clinker unit. The plant augment company's clinker supply to its various grinding units in eastern region. |
Flying Cement Co awarded long-term mining lease in Punjab25 March 2022, Published under Cement NewsFlying Cement Co Ltd has informed Pakistan Stock Exchange (PSX) recently that the Directorate General of Mines & Minerals (Punjab) has granted the company a long-term mining lease for limestone over an additional area of 714ha (1765 acres) of land situated near to factory site, Dhok Meharwal in District Khushab, Punjab, Pakistan. This will add remarkable value to the company’s vision in the implementation plan of achieving constant future growth. Accordingly, the company would be... |
Maple Leaf Cement Co’s expansion project nears completion22 March 2022, Published under Cement NewsMaple Leaf Cement Co (MLCF) is expecting to complete the Kiln Line No 4 expansion at the existing site in Iskanderabad, Mianwali district, Pakistan, in October 2022. This will lead the company to become the fourth largest player in the industry with a single site capacity of 7.7Mta. Addressing a Pakistan Mid Cap Conference 2022 organised by research house Topline, Group Director Finance of Maple Leaf Group, Mohsin Naqvi, disclosed the details of the expansion plan and added that the overa... |
Maple Leaf Cement records consolidated profit of PKR2.757bn21 March 2022, Published under Cement NewsIn 1HFY22 Maple Leaf Cement ’s consolidated profit stood at PKR2.757bn (US$15.27m) as against PKR1.625bn for the corresponding period last year, representing an increase of 70 per cent. A total sales volume of 2.406Mt was achieved in the 1HFY22, depicting a 4.5 per cent decrease over 2.52Mt sold during the corresponding period last year. Domestic sales volume was 2.336Mt, defining almost the same level of demand, with slight pressure on cement consumption in the local market compared ... |
Pakistan's cement/clinker exports observe a mixed trend in 8MFY2217 March 2022, Published under Cement NewsPakistan's cement and clinker exports have observed a mixed trend in the first eight months of FY21-22. During a presentation, Mohsin Naqvi, group director finance of Maple Leaf Group – the parent company of Maple Leaf Cement Co (MLCF), has stated that the company is not foreseeing robust growth in export given higher sea freight charges. Hence, the negative trend was also reflected in cumulative export data. The Pakistan cement industry earned US$179.44m in export revenue by dispat... |
Punjab to establish new cement plant14 March 2022, Published under Cement NewsA meeting of India’s Cabinet Committee on Legislative Business chaired by Minister for Law and Parliamentary Affairs, Muhammad Basharat Raja, has approved setting up of a new cement plant in Punjab, India. Permission for enhancement of production capacity of two existing cement plants was also approved during the meeting, reports The new International. No further details were revealed. |
Pakistan cement producers turn to Afghan coal14 March 2022, Published under Cement NewsCement factories in north Pakistan have mostly switched to using a mix of coal sourced from Afghanistan and other countries as record-high world markets are making imports too expensive for the sector to maintain its profitability. Northern players are currently using 70 per cent Afghan coal and are considering adding 20 per cent more local coal to the mix, reports The News International. “Afghan coal gave a sufficient buffer to cement companies that gave them room to keep their margin... |
Pakistan cement dispatches fall in February and 8MFY2207 March 2022, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) released disappointing domestic and export dispatch data for February and 8MFY22 as some negative developments hit the cement industry. Businesss sentiment is low as the industry sees burgeoning coal prices, a cut in public sector development funds by Islamabad to make up losses for the freezing of oil prices and lowering power tariffs for the next four months. In addition, there have been falling prices of cement scripts in local market... |
Ambuja Cements and ACC commission second phase of Bubble Barrier project04 March 2022, Published under Cement NewsAmbuja Cements and ACC Ltd ( Holcim Group ), through its in-house waste management arm, Geocycle, continues to remove plastic waste by commissioning its second phase of bubble barrier technology in Bhakra Beas Management Board (BBMB) Lake located in Sunder Nagar, Himachal Pradesh, India. Bubble Barrier is a smart and non-invasive technology that is used to remove plastic from the water bodies, reducing the problem of marine plastic pollution. The project will remove approximately... |
Cherat Packaging Ltd expands its production lines01 March 2022, Published under Cement NewsCherat Packaging Ltd has successfully installed and commissioned its fourth line of polypropylene plant for producing cement bags. The fourth line of polypropylene cement bag manufacturing plant has again been acquired from leading European supplier Windmoeller & Holscher Group. With this expansion, the production capacity of the company has increased from 195m to 260m polypropylene bags per annum. The plant has been commissioned at the existing factory site of the company in Gadoon Am... |