Cement News tagged under: Indian subcontinent
Pakistan's cement producers play the long game17 March 2023, Published under Cement NewsThis week ICR looks at Pakistan 's cement sector where new capacity is coming on-stream and cement producers are jostling for increased market share in the north of the country. Meanwhile, the cost of raw materials and fuel has driven cement prices up and stagnant domestic cement demand means that many producers have looked to export markets. Protecting market share in northern Pakistan is becoming increasingly challenging as cement producers in the region have unleashed a fresh stream... |
Dalmia Cement and Vedanta Aluminium team up to produce low-carbon cement16 March 2023, Published under Cement NewsVedanta Aluminium has entered into a long-term partnership with Dalmia Cement (Bharat) for the supply of industrial wastes such as fly ash and spent pot lining (SPL) to produce low-carbon cement. Under the agreement, Vedanta’s large aluminium smelter at Jharsuguda will transport around 20 rakes of fly ash per month for five years to Dalmia’s cement plants in Odisha, Chhattisgarh, Meghalaya and Assam, as well as supply SPL to Dalmia’s Rajgangpur plant in Odisha for three years. Ever... |
Gautam Adani sells off stake in Ambuja Cements13 March 2023, Published under Cement NewsGautam Adani is reportedly looking to sell a 4-5 per cent share in Ambuja Cements for around US$450m, according to the Financial Times. The move is designed to help lower debt levels and restore investor confidence in his conglomerate. This follows a report by US-based Hindenburg Research in late January 2023 alleging fraud and stock market manipulation by the Adani Group, which wiped US$145bn off the market value of the conglomerate’s listed companies. If the sale goes ahead, it will... |
Nepal exports 153,493t of cement to India in 7MFY22-2313 March 2023, Published under Cement NewsIn the 7MFY22-23 Nepal exported cement and clinker worth NPR167.03m (US$1.273m), reports Khabarhub. According to Nepal’s Department of Customs, over the seven-month period, 153,493t of cement were exported, with a value of NPR60.66m. Clinker exports came in at 151,158t, worth NPR106.38m. According to the government, two Nepali cement companies have been exporting product to India. These include Palpa Cement , which has been exporting cement under the ‘Tansen’ brand since July 2022, an... |
Bangladesh reports 50% increase in cement export revenue09 March 2023, Published under Cement NewsBangladesh has reported 49.7 per cent YoY growth in cement export revenue to US$8.13m in the 8MFY22-23 (July 2022-February 2023). This compares to US$5.43m in the same period a year earlier. According to the Bangladesh Export Promotion Bureau (EPB), this figure also includes minor amounts of salt, stone and related products. Most of the cement exports were shipped to neighbouring countries. For the full FY22-23, ending 31 June 2023, Bangladesh has set an cement export revenue target o... |
India builds first cement concrete steel slag road08 March 2023, Published under Cement NewsIndia’s first cement concrete steel slag road is currently under construction on National Highway 66, around 50km outside Mumbai. The 1km stretch of road, which is located near JSW Cement ’s plant in Dolvi , Maharashtra, is being built using steel slag along with cement slag, according to India Today. The Central Road Research Institute (CRRI) and the Council of Scientific & Industrial Research (CSIR), two of the bodies behind the project, say that 200kg of steel slag is generated for ... |
Shree Cement wins coal mine auction01 March 2023, Published under Cement NewsIndia’s Shree Cement Ltd has been named as the highest bidder for the Datima Coal Mine Block, located in Surajpur Tehsil, Surguja District, Chattisgarh. The block was auctioned by the Ministry of Coal, Government of India, on 27 February 2023. The mine has geological reserves of 13.3Mt. According to the company, it has participated in the coal block auction with the intent of creating fuel security through long-term fuel supply sourcing options for its operations while having flexibilit... |
UltraTech commissions solar plant at Dalla24 February 2023, Published under Cement NewsUltraTech Cement inaugurated a 9.50MWp DC solar power plant at its Dalla plant as part of drive to source its energy from 100 per cent renewable energy sources by 2050. The total power consumption of the plant is currently approximately 27MW and the new solar power plant accounts for around a third of this demand, according to Dalla’s plant manager, Rahul Saighal. It is expected that the 1MW reduction of coal-based power consumption will lower CO2 emissions by 820kg. |
Orient Cement terminates grinding unit MoU24 February 2023, Published under Cement NewsOrient Cement has terminated a memorandum of understanding (MoU) with Adani Power Maharashtra Ltd (APML) to set up a grinding unit in Maharashtra, India. According to The Hindu, the MoU was signed in September 2021. Orient Cement said APML has requested it not to pursue the venture further as “they are not able to obtain the required MIDC clearances for sub-leasing the parcel of land required for the cement grinding unit due to some legal issues.” Also, “the timelines agreed upon as ... |
Mir Cement to increase capacity by 202422 February 2023, Published under Cement NewsBangladesh’s Mir Cement has announced plans to raise its production capacity to 5000tpd by 2024. According to New Age Business, the company, which currently produces ordinary Portland cement and Portland pozzolana cement, has seen its capacity expand from 600tpd in 2003 to 2400tpd by 2018. As production has increased, the company has reportedly invested in dust guards to prevent dust being released into the atmosphere and has also opted not to use coal-based heating systems to reduce it... |