Cement News tagged under: Indian subcontinent
Cochin Port opens fourth terminal15 July 2024, Published under Cement NewsA new cement terminal has entered operation on a 1.14ha plot at Ernakulam Wharf, Kerala, India. The Cochin Port Trust launched the port’s fourth terminal, which is expected to handle 0.3Mta of cement. The first vessel to enter the terminal was the Penna Suraksha, the largest self-discharge vessel in Asia with a discharge capacity of 1000tph. The 25,000t cargo from Krishnapatnam will be bagged at Penna Cement Industries’ plant at the port. |
Oriana Power awarded INR1.55bn solar plant order15 July 2024, Published under Cement NewsOriana Power received a new order for a 40MWp solar plant in Rajasthan, India. The INR1.55bn (US$18.5m) contract was awarded by an undisclosed cement producer and includes the engineering, procurement and construction, commissioning, operation and maintenance of the solar plant. The order is scheduled to complete its execution in nine months' time. The operation and maintenance period is 25 years from the commissioning date. |
CCP hosts session on the disclosure of material information on cement bags12 July 2024, Published under Cement NewsOn Thursday, 11 July, Pakistan’s Competition Commission of Pakistan (CCP) held a stakeholder engagement session regarding the ‘Manufacturing/Packaging' and 'Expiry/Best Before’ dates on cement bags. This session included representatives of the Pakistan Standards and Quality Control Authority (PSQCA), All Pakistan Cement Manufacturers Association (APCMA) and domestic cement producers. Saeed Ahmed Nawaz, chair of the session, stressed the urgency of these measures in relation to consumer pr... |
Continuing domestic weakness weighing on Pakistan cement05 July 2024, Published under Cement NewsTotal cement dispatches in Pakistan dropped 12.6 per cent YoY to 3.552Mt in June 2024 from 4.063Mt a year earlier, according to the All Pakistan Cement Manufacturers Association (APCMA). Local dispatches contracted 11.9 per cent YoY to 3.079Mt from 3.487Mt in June 2023. Exports also fell in June, declining 17.9 per cent YoY to 472,865t down from 576,309t a year earlier. North-south dispatches Dispatches from cement plants in the north of Pakistan shrank 7.7 per cent YoY to 2.723Mt in J... |
Sri Lanka considering price control for cement02 July 2024, Published under Cement NewsSri Lanka’s Trade Minister Malin Fernando said the country was considering the introduction of price controls on cement. The step followed cement companies’ announcement that they would be reducing prices by LKR150 (US$0.50) to LKR2250/bag. Mr Fernando said: “I don’t accept this reducing the price by 150, I want the maximum retail price to be 2000-2500.” “We will announce a maximum retail price as soon as the companies discuss,” Fernando said. “If they do not comply, the consumer affairs ... |
Dalmia Bharat Cement targets 130Mta28 June 2024, Published under Cement NewsIndia’s Dalmia Bharat Cement plans to reach 110-130Mta of cement production capacity by 2031. The company has also announced an interim target of 75Mta by 2027. According to the company, it aims to achieve this through new construction projects, expanding existing facilities and through acquisitions. In May this year, its cement production capacity stood at 45.6Mt with projects underway to add a further 2.4Mta and 0.5Mta in Assam and Bihar, respectively. A further 9.4Mta will be adde... |
Shree Cement achieves 1GW renewable energy capacity27 June 2024, Published under Cement NewsIndia-based Shree Cement Ltd has reached 1GW of renewable energy capacity following the commissioning of the company’s 19.5MW solar power plant at factory in Andhra Pradesh. The milestone includes solar, wind, thermal and waste heat recovery power plants. The company has invested INR40bn (US$478.6m) to expand its renewable energy portfolio, representing almost half of its total installed power capacity. In FY24-25 it plans to invest an extra INR10bn to further expand renewable capacity.... |
Adani Cements to increase marine transport21 June 2024, Published under Cement NewsFollowing its recent acquisition of Penna Cement Industries , India-based Adani Cements plans to increase the use of sea transport in its logistics mix. Currently, Adani uses sea transport for less than two per cent of its cargo, but this is expected to increase to 10 per cent by 2027-28. Penny Cement has five bulk terminals at Kolkata, Gopalpur, Karakul, Kochi and Colombo, and these will be particularly useful in serving the peninsular India region, according to Adani Cements CFO, Vin... |
Anhui Conch announces management changes21 June 2024, Published under Cement NewsAnhui Conch Cement has announced the resignation of Zhou Xiaochuan as executive director, joint company secretary, and member of the ESG Committee, effective from June 19, 2024. Yu Shui has been appointed joint company secretary and authorised representative, and is nominated as a candidate for executive director, awaiting shareholder approval at an upcoming extraordinary general meeting, according to Anhui Conch. |
BluPine Energy to supply Dalmia Cement (Bharat)17 June 2024, Published under Cement NewsDalmia Cement (Bharat) Ltd has signed an agreement with BluPine Energy for the supply of green energy through a solar power project in Karnataka, India. The agreement involves a 46.87MWp solar power plant under a captive structure, which is expected to generate approximately 93.75MUs of electricity each year, reducing carbon emissions by more than 85,000tpa. “The solar plant in Karnataka will not only produce clean energy but also foster local economic growth and support environmental ... |