Cement News tagged under: Plant Closures
Jammu and Kashmir Cement awaits closure06 July 2021, Published under Cement NewsThe government of Jammu and Kashmir are close to winding up J&K Cement Ltd. This is the only government-owned cement manufacturing plant in Jammu and Kashmir, India. Officials informed that majority of the employees of J&K Cement Ltd have been put “on deputation” to some departments after the corporation was unable to generate revenue to clear its salary bills. "The JKCL is almost closed, now only an official order is required to wind it up. There is no staff except a few watchmen who ... |
Beijing's pollution control measures on industry result in improved air quality05 January 2018, Published under Cement NewsBeijing experienced the best air quality in 2017 since pollution control measures were introduced five years ago, reports Free Malaysia Today. As part of these measures, the city closed six cement plants and completed upgrades in other industrial sectors. The average PM2.5 level, measuring particulate pollution, was 58μg/m 3 in 2017, a decrease of 20.5 per cent from the previous year. The density of other pollutants such as sulphur dioxide, nitrogen dioxide and PM10 was also reduced th... |
India: Government to sell non-operational CCI units17 March 2017, Published under Cement NewsThe government of India has announced that it plans to sell off five non-operational units of the Cement Corporation of India (CCI) as the first step towards complete divestment of the company, the Times of India reports. "As far as CCI is concerned, non-operating units of CCI are to be disinvested first as a part of strategic disinvestment of CCI," Minister of State for Heavy Industries and Public Enterprises, Babul Supriyo, said. The initial sell-off will involve facilities at Mandha... |
China's changing dynamics06 December 2013, Published under Cement NewsThe dynamics between small and large players in the Chinese cement industry could all change next year on the back of a number of new policies led by a change in tax rebate policies and more stringent environmental regulation, a new report by BNP Paribas has stated. Going forward, larger producers who can meet the higher environmental standards are sent to benefit from the changes. Changes to tax policy A change to a tax rebate policy, currently enjoyed by producers of low-quality ceme... |
Bangladesh industry consolidation gathers pace07 August 2012, Published under Cement NewsCement sector consolidation in the Bangladesh industry is set to gather pace as more than 70 smaller cement factories have folded operations in the past 12 years having lost ground to larger players. According to a report in the Financial Express (Bangladesh) more are on the verge of shutdown as tight bank loans for smaller factories and massive investments by local and global players have accelerated the closure of units with capacity below 6000t. "It's like a story of big fish gobbli... |
Italcementi reorganises Italian cement operations13 June 2012, Published under Cement NewsItalian cement producer Italcementi SpA announced it is to sell one of its domestic cement plants and close two other factories to reorganise its local production base on the back of lower demand. Italy's leading cement producer said it would sell its Pontassieve factory to local cement company Colacem and will shut down two mid-sized cement-making plants by the third quarter of 2012 in order to reorganise its domestic production capacity. The two plants could be turned into clinker grin... |
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