Cement News tagged under: india
Jammu and Kashmir Cement's Samba plant still not fully operational03 January 2018, Published under Cement NewsJammu and Kashmir Cements Ltd's (JKCL) Samba grinding and packaging unit, which was commissioned in September 2015, is still not fully operational. Output was recorded at just five per cent of its performance guarantee during a recent test, claims the Daily Excelsior. Initial construction of the 300tpd factory, which was overseen by India-based Ashoka Gears on a turnkey basis, was completed two years later the planned opening January 2013, resulting in a corporate loss of INR1600m (US$25.... |
ACC Ltd expects demand to stay on course in 201828 December 2017, Published under Cement NewsACC Limited expects demand for cement in India to stay on course in the coming year. In its outlook for 2018, the company stated how the plans by the Government of India to boost economic growth and develop 100 smart cities will provide increased construction activity. “[The Government of India] plans to increase investment in infrastructure, as well as expand the capacity of railways and the facilities for handling and storage to ease the transportation of cement and reduce transportation ... |
Dalmia Bharat to acquire Murli Industries21 December 2017, Published under Cement NewsDalmia Bharat is set to acquire the bankrupt Murli Industries, according to The Economic Times. The deal represents an investment of close to INR4bn (US$62.4m) by Dalmia. The company will also cancel almost the entire equity of Murli Industries. Dalmia won the bid on Wednesday, despite Gajanan Oil submitting a higher cash offer. Including interest and fines, Murli Industries had accumulated INR17bn in debt. Murli has an integrated cement plant with a capacity of 3Mta. |
Coal price to come down, freight rates to harden20 December 2017, Published under Cement NewsChinese coal prices, which have fluctuated between CNY550-750/t (US$83.60-114/t) in the past two years, are set to ease going forward, as it is anticipated that the country's policy makers will allow Chinese miners to increase production again in response to prices reaching the upper range of US$100/t in Newcastle. Coal producers outside China are also ramping up production, tempted by the higher prices realised in 2017. US exports have been reported to expand at the highest pace in the l... |
Indian cement prices to increase by January20 December 2017, Published under Cement NewsCement prices in India are expected to increase by INR3-4/bag by mid-January as the government has decided to hike the import duty on petcoke from the current 2.5 to 10 per cent. The rise in duty is expected to increase production costs by INR50-60/t and sector analysts predict the increase will be passed on to customers. "In case they are not passing it on, their EBITDA is likely to get affected and under the current scenario, no company will wish for it", an analyst with stockbrokin... |
Raxaul residents challenge clinker exports to Nepal20 December 2017, Published under Cement NewsIndian clinker exports to Nepal are facing a challenge from the residents of the border town of Raxaul. They have threatened to prevent Nepal-bound cargo trucks from passing through the customs point from 25 December unless the authorities find a solution to reduce the pollution caused by the transport of clinker. Most of the Nepali cement factories located in the Bara-Parsa industrial corridor, near Birgunj customs point, import 80-85 per cent of their clinker requirement from India. Cli... |
Penna Cement Industries Ltd orders Loesche VRM20 December 2017, Published under Cement NewsPenna Cement Industries Ltd has ordered a Loesche VRM for its plant in Boyareddypalli, Andhra Pradesh.The four-roller mill will grind petcoke with a throughput capacity of 52tph. The order will be fulfilled by Loesche at the beginning of next year. Penna Cement Industries has a total production capacity of 7Mta and is primarily active in the southern and western regions of India. The company wants to expand the capacity at its operations in Boyareddypalli from 2Mta to 4.6Mta. |
UltraTech Cement receives award at NCCBM20 December 2017, Published under Cement NewsUltraTech Cement received an award at the National Council for Cement and Building Materials (NCCBM) award ceremony on 8 December 2017. The Indian cement producer's Kotpuli Cement Works received the ‘Best Thermal Energy Performance for 2016-17’ award within the ‘Energy Efficiency’ category. Alongside this, the company’s Vikram Cement Works received second place within the ‘Quality Excellence’ category. Kotpuli Cement Works had undertaken a series of initiatives to reduce thermal energy... |
Saurashtra Cement shuts down kiln for annual maintenance20 December 2017, Published under Cement NewsIndian cement producer Saurashtra Cement has scheduled to start its annual kiln maintenance at its plant in Ranavav, Gujarat, from 8 January 2018. The process is expected to take around 20 days. However, cement grinding and dispatch departments will remain operational and no impact on sales volumes is anticipated. |
Emami Cement orders system from ABB India15 December 2017, Published under Cement NewsEmami Cement has ordered an automation and electrical system from ABB India for a 2Mta greenfield plant in Odisha, according to moneycontrol. Emami hopes to meet the rising demand in the country by constructing energy-efficient cement plants. ABB will be helping the company meet that target by installing an ABB Ability™ Distributed Control System 800xA. The system will maximise plant uptime and optimise the cement production process. |