Cement News tagged under: Indian sub-continent
Ambuja Cement increases volumes by 7% in 4Q2019 February 2021, Published under Cement NewsLafargeHolcim's Indian subsidiaries, Ambuja Cement and ACC Ltd, reported high sales volumes in the 4Q20. Ambuja Cement's financial performance for the 4Q20 saw volumes grow by seven per cent, while ACC Ltd's net sales during the quarter increased to INR40,660m (US$560.1m) compared to INR39,700m last year. Ambuja Cement 4Q20 Ambuja Cement's sales were supported by strong prices and a 14 per cent YoY growth in net sales. Net sales during the quarter stood at INR34,680m compared to INR30,3... |
UltraTech Cement Ltd orders nine VRMs from Gebr Pfeiffer19 February 2021, Published under Cement NewsIn connection with the realisation of three new clinker production lines, nine vertical roller mills have been ordered by UltraTech Cement Ltd of Mumbai from Gebr Pfeiffer and its Indian subsidiary Gebr Pfeiffer (India) Pvt Ltd. The MVR and MPS vertical roller mills offer UltraTech Cement will be used for the finish grinding of cement raw material, fuel and cements. |
Ambuja Cement and ACC renew Master Supply Agreement19 February 2021, Published under Cement NewsThe Board of Directors of ACC and Ambuja Cement (LafargeHolcim group) have renewed their existing Master Supply Agreement for three years. In 2018 both companies entered into agreement for supply of cement, clinker and other raw materials such as fuels, fly ash, slag and gypsum besides spare parts used in the factories. As per the pricing formula, both the companies will offer five per cent discount for cement supply to each other on their average net selling price. ACC has a... |
Kohat Cement to set up Punjab cement plant17 February 2021, Published under Cement NewsKohat Cement Co Ltd has announced that its Board of Directors have approved, subject to all regulatory approvals, setting up a 7800-10,000tpd cement manufacturing plant (along with 8-10MW waste heat recovery and 25MW coal-fired power plants), in Khushab, Punjab, Pakistan. According to a company notification to the Pakistan Stock Exchange (PSX), the management has estimated cost of the project at PKR30bn (US$187.4m), which will be financed through a mix of debt and equity. It is expec... |
Niraj Cement makes new appointments to the Board16 February 2021, Published under Cement NewsThe Board of Niraj Cement Structurals Ltd has appointed Vishram Rudre as an additional (managing) director of the company, at its meeting held on 13 February 2021. Sudhakar Tandale has also been appointed as an additional (whole-time) director of the company. Meanwhile, Gulshan Vijaykumar Chopra has resigned as managing director and Ratan Krishan Chopra has resigned as whole-time director. |
Flying Cement completes Punjab WHR plant15 February 2021, Published under Cement NewsThe Flying Cement Co Ltd updated the Pakistan Stock Exchange (PSX) that it has achieved another key milestone. Company Secretary, Shahid Ahmad Awan, stated that the company has successfully completed the installation and commissioning of a 7.5MW waste heat recovery power plant (WHRPP) at its site in Mangowal, Khushab district in Punjab, Pakistan. He added, “The employment of this technology will augment our ability to process waste heat absorbed in boilers to produce steam at a suitable... |
Ambuja Cement to start biofuel sea trials08 February 2021, Published under Cement NewsAmbuja Cement (LafargeHolcim group) is commencing sea trails for using biofuels in its fleet of captive ships, Ambuja Mukund, a move which is estimated to reduce carbon emission by around 25 per cent, claims the company. "With the introduction of biodiesel blends, we are significantly contributing towards the reduction of GHG emissions by introducing a suitable alternate green fuel that helps achieve our parent, LafargeHolcim’s sustainability vision of net zero pledge 2030," said the ... |
Pakistan's cement dispatches rise 16% in January03 February 2021, Published under Cement NewsPakistan's cement factories recorded a growth of 16.3 per cent in cement dispatches during January 2021 when total cement dispatches reached at 4.73Mt against 4.07Mt in the same month of last fiscal year, says data released by All Pakistan Cement Manufacturers Association (APCMA). Out of the total dispatches, local cement shipments increased to 4.03Mt compared to 3.26Mt in January 2020, depicting a growth of 23.7 per cent. Whereas exports dropped by 14.1 per cent from 808,874t to 694,9... |
JK Lakshmi Cement's sales rise 19% in Oct-Dec 202001 February 2021, Published under Cement NewsJK Lakshmi Cement Ltd recorded sales of INR11,928m (US$163.27m) in October to December 2020 compared to INR10,049.5m in October to December 2018, a rise of 19 per cent. JK Lakshmi Cement’s efforts to raise the product mix and improve efficiency parameters combined with increased demand boosted company profitability. EBITDA rose to INR2124.6m in October to December 2020 from INR1665.9m in the same period in the prior year, up 28 per cent. profits before tax stood at INR1271.5m in Octo... |
Prism Johnson to raise cement capacity29 January 2021, Published under Cement NewsPrism Johnson Ltd has approved of a 0.9Mta cement capcity expansion at Prism Cement's Satna cement plant, Madhya Pradesh, India. The new capacity will take the plants total cement capcity up to 5.4Mta. The investment is estimated to cost INR1390m (US$19.02m). |