Cement News tagged under: Sri Lanka

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Pakistan cement exports earn US$339m in 9MFY2011-12

25 April 2012, Published under Cement News

During 9MFY2011-12 (July-March), Pakistan cement exporters saw recovery in cement exports in terms of value. In Pakistani currency, the export also rose by 6.06%. In addition, the average cement price improved. The Pakistan cement manufacturer and exporters  exported 6.51Mt of cement and earned US$339.208m compared to 6.72Mt at US$329.696m in the corresponding period last year. The figures indicate that cement exports fell by 3.07% in terms of volumes but increased 2.89% in terms of dolla...

Holcim Lanka’s alternative fuels option, Sri Lanka

19 March 2012, Published under Cement News

Holcim Lanka Ltd is beginning to use agricultural waste to generate power in the cement manufacturing process. Speaking to the Daily News Business, Chairman of Holcim Lanka, Manilal Fernando, said that the company is using rice husks, straw, agricultural waste and other waste materials to generate power. "This initiative has helped the company to reduce production cost by almost 30%," he said. Mr Fernando said that they are also currently doing research to save more energy by way of usin...

Tokyo Cement quarterly net profit up 43 per cent, Sri Lanka

20 February 2012, Published under Cement News

Sri Lanka’s Tokyo Cement said net profits for the December quarter rose 43 per cent to LKR275m (US$2.3m) from a year earlier with revenues up 39 per cent to SLR5.7bn. The company’s revenues grew 38% to LKR5.7bn cost of sales rose at a faster 44% but the firm grew gross profits at a slower 17%. Tokyo Cement is a joint venture between Nippon Coke and Engineering (formerly Mitsui Mining) and the local St Anthony’s Industries, selling the Mitsui brand.  It operates a 1.8Mta grinding capac...