Cement News tagged under: Indian sub-continent
Udaipur Cement Works starts clinker expansion project15 September 2021, Published under Cement NewsUdaipur Cement Works Ltd (UCWL) has started project activity for a brownfield expansion at its 1.6Mta site in Rajasthan. Due to the increasing domestic demand of cement and in view of government’s push towards infrastructure development, the company decided to double its clinker capacity. UCWL received the environmental clearance for the project from India's Ministry of Environment Forest and Climate Change (MoEFCC) in January 2021 and since then has placed order for machinery and... |
Harvested rainwater accounts for 80% of Udaipur Cement's water requirements14 September 2021, Published under Cement NewsBeing an almost two times water-positive company, Udaipur Cement Works Ltd sources about 80 per cent of freshwater requirement from harvested rainwater stored in the mines pit located at a distance of 6km from the cement plant. The unit pumps water from mine pit through an overhead pipeline along with its overland limestone belt conveyor. The company is a zero-wastewater discharging company and treats its domestic wastewater through existing sewage treatment plant. It uses the treate... |
Coal handling capacity to increase at Port Qasim13 September 2021, Published under Cement NewsTo coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qasim in Pakistan at a ‘marginal cost’ of up to US$70m over 2-3 years. The increase in demand for imported coal is primarily attributed to economic recovery driven by the relief measures taken by the Government of Pakistan (GOP) to mitigate the effects of COVID-19, which include a favourable package for construction, low... |
Thatta Cement Co increases Sindh’s capacity10 September 2021, Published under Cement NewsThatta Cement Co Ltd has completed its increases in clinker and cement capacities at its plant in Makli, Thatta district, Sindh province, Pakistan. The company shared this update with the Pakistan Stock Exchange Ltd about important material information earlier this week. The company has completed in-house modifications and improvements in the processes of the existing plant. Its technical team has completed the trials and testing process. Due to earlier changes and improvements, the ... |
Odisha approves Jajpur cement projects06 September 2021, Published under Cement NewsThe state government of Odisha, India, has approved the proposal of My Home Industries Pvt Ltd to set up a 3Mta cement grinding unit at Badchana, Jajpur district. The project represents an investment of INR6.5bn (US$88.9m). Ramco Cements Ltd’s INR1.9bn project to expand its existing facility at Haridaspur, Jajpur district, with a 0.9Mta grinding plant was also cleared by the State Level Single Window Clearance Authority meeting. |
JK Cement plans 23Mta expansion by end of 202303 September 2021, Published under Cement NewsJK Cement intends increase production capacity to about 23Mta in the next two years, from 15Mta now, by expanding its footprints in northern and central India. "We will maintain and grow our market share in the short term. Apart from the ongoing expansion in Panna, and now in Hamirpur, we already have plans for another 4Mt expansion," said Madhav Krishna Singhania, JK Cement’s CEO. "We have visibility of reaching around 23Mta by 2023." The company will be expanding its footprint in ... |
Pakistan cement exports have a subdued July01 September 2021, Published under Cement NewsPakistan began export of cement and clinker in the first month of new fiscal (July 2021) with lower value and quantities, MoM and YoY. All Pakistan Cement Manufacturers Association (APCMA) attributes the declining trend in local and export dispatches to monsoon rains and the stoppage of construction activities due to Eid-ul-Azha across the country. According to the Federal Bureau of Statistics (FBS), Pakistan's cement industry earned export revenue of US$11.967m by dispatching of 299,... |
Pakistan cement production rises 27% in 12MFY2131 August 2021, Published under Cement NewsThe overall output of the Large-Scale Manufacturing Industries Index (LSMI) in Pakistan increased by 14.9 per cent for July 2020-June 2021 compared to July 2019-June 2020, including local cement production, FBS estimated. Industry attributes the increase in production on the back of a boost in local demand by housing schemes. During the last fiscal year of July 2020-June 2021, Pakistan's cement production increased by 27.3 per cent, YoY to 49.803Mt compared to 39.121Mt in the preceding ... |
Pakistan anticipates rise in cement exports to Afghanistan26 August 2021, Published under Cement NewsOn 15 August the Taliban took over Kabul and declared their rule over Afghanistan. Taliban spokesperson Zabihullah Mujahid said at his first press conference that the Taliban would continue trading with neighbouring countries and steps would be taken to promote trade. Business people and traders in Pakistan widely welcomed the announcement and the Pakistan stock exchange (PSX) and the country's bilateral trade with Afghanistan saw a short term sudden rise. According to Spectrum Resear... |
Nuvoco Vistas Corp sees lukewarm bourse start24 August 2021, Published under Cement NewsIndia-based cement producer Nuvoco Vistas Corp entered the bourses with a weak start as its shares were listed at up to 17 per cent discount to its issue price. However, by the end of the day, the shares saw gains of up to 13 per cent over the listing price. At the start of trading on 24 August shares reached INR471 (US$6.35) on the Bombay Stock Exchange (BSE), down 17.3 per cent when compared with the issue price of INR570. Meanwhile, on the NSE, Nuvoco shares opened at INR485, or a 14.9 ... |