Cement News tagged under: Indian sub-continent
Pakistan: 3MFY2021-21 exports mixed19 October 2021, Published under Cement NewsPakistan's Federal Bureau of Statistics (FBS) has released cement and clinker export data for the first quarter (July-September) of FY2021-22. Both value and quantity of exports slid during this period on a cumulative basis compared with the equivalent months in FY20-21, but growth was recorded MoM. Between July-September 2021, Pakistan's cement industry earned US$55.2m of export revenue by dispatching 1.555Mt of cement and clinker overseas, compared to US$72.29m from 2.206Mt of export... |
Nuvoco Vistas MD supports Gati Shakti National Master plan15 October 2021, Published under Cement NewsNuvoco Vistas Corp Ltd's Managing Director, Jayakumar Krishnaswamy, supports the Indian government’s announcement for a national infrastructure masterplan. Indian Prime Minister, Narenda Modi, has launched an INR100trn (US$1.33trn) national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. PM Gati Shakti, as the infrastructure programme is called, will target logistic costs, increase cargo handling capacity and reduc... |
UltraTech and PRESPL sign MoU for agri waste fuel14 October 2021, Published under Cement NewsUltraTech Cement has announced signing a non-binding memorandum of understanding (MoU) with Punjab Renewable Energy Systems Pvt Ltd (PRESPL). The MoU is part of UltraTech’s endeavour to decarbonise its operations and aims to significantly scale up the use of biomass to replace fossil fuels such as coal in UltraTech’s manufacturing operations. Under the agreement, PRESPL will leverage its technological expertise to replace coal-based systems with biomass-based processes.... |
Van Aalst wins repeat ship unloader order08 October 2021, Published under Cement NewsVan Aalst Bulk Handling has won a contract to deliver a second ship unloader to one of the largest cement manufacturers in Bangladesh. The pneumatic ship unloader is designed to handle fly ash and is built to cope with the hot and humid conditions in Bangladesh. The ship unloader is rail mounted and located on a jetty at the riverfront. Space is limited on the jetty, therefore we designed a gantry frame for the ship unloader so it can move over the existing conveyor belt. The unloader has... |
Pakistan's local and overseas cement dispatches drop during September05 October 2021, Published under Cement NewsPakistan's local and export dispatches during September 2021 remained depressed, reports All Pakistan Cement Manufacturers Association (APCMA). Domestic dispatches stood at 4.018Mt and exports reached 0.572Mt compared to 4.095Mt and 1.131Mt in September 2020, respectively. This defines a YoY eduction of 1.9 per cent and 49.5 per cent on local and overseas markets, respectively. At the same time, total cement dispatches declined by 12.2 per cent to 4.589Mt from 5.225Mt during this period. ... |
Udaipur Cement Works Ltd plans solar investment to reduce its CO2 footprint04 October 2021, Published under Cement NewsUdaipur Cement Works Ltd (UCWL), a subsidiary of JK Lakshmi Cement Ltd, is ensuring its energy security through increasing its share of solar-based electricity in the total energy mix. The company has been sourcing solar power from a 10.1MW power plant at its premises. During the last two fiscal years, the company consumed about 13,000MWh of green solar power, which mitigated around 10,000t of CO 2 emissions. Furthermore, in line with its Integrated Sustainable Development Policy, t... |
UltraTech Cement targets 100% renewables for electricity by 205024 September 2021, Published under Cement NewsUltraTech Cement Ltd has announced its commitment to Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of this commitment, UltraTech targets to meet 100 per cent of its electricity requirement through renewables sources by 2050. RE100, led by Climate Group in partnership with CDP, brings together the world’s most influential businesses committed to 100 per cent renewable electricity. UltraTech has set a 100 per cent renewable electricity target for its entire global o... |
Pakistan is entering a new cement capacity expansion phase17 September 2021, Published under Cement NewsIn a cement conference, conducted by AKD Securities Ltd CEO, Muhammad Farid Alam, on 15 September 2021, Pakistan's cement industry producers confirmed that the country has entered another expansion phase. The total installed capacity of the cement industry in Pakistan is currently at 69Mta, and a further 18Mta of capacity is in the pipeline. This will take total production capacity to 87Mta by FY24. Atif Kaludi, CFO of Lucky Cement Ltd, Muhammad Rehan, CFO at Attock Cement Pakistan Ltd, S... |
The increasing trend in coal prices may hit Pakistan’s cement industry17 September 2021, Published under Cement NewsPakistan’s top cement manufacturers termed the growing trend in coal prices detrimental to the county's cement industry. Its negative impact may dent the cement companies' profitability in the second quarter of this year if remedial measures such as an increase in prices of cement bags and relief in other inputs costs are not allowed or eased immediately. The coal prices are hovering around US$170/t this month compared to US$75/t in July last year, reflecting a surge of 127 per cent ... |
Cherat Cement Co kicks off Line 4 greenfield project15 September 2021, Published under Cement NewsCherat Cement Co Ltd (CHCC), during a financial briefing on 13 September 2021 updated about its planned Line 4 greenfield expansion of 10-11,000tpd at DI Khan, Khyber Pakhtunkhwa province in Pakistan. The completion of the project is expected in three years. The expansion represents an investment of PKR34bn (US$202.1m). The financing structure includes 70 per cent of the total cost will be debt component and the remainder will be equity. The company has obtained PKR5bn for this cap... |