Cement News tagged under: india
Dungsam Cement eyes northeast Indian markets11 February 2014, Published under Cement NewsBhutan-based cement producer Dungsam Cement is looking to market its cement in northeastern India. A wholly-owned subsidiary of the government’s Druk Holdings & Investments, Dungsam Cement operates a 1.36Mta cement works in Nganglam, southeast Bhutan, and close to India. Dorji Norbu, managing director of Dungsam Cement, told the Economic Times that given the relatively small size of the Bhutanese market, the company plans to export 70-80 per of its cement to India. The necessary licens... |
Southern Indian producers start shipments to Myanmar06 February 2014, Published under Cement NewsCement producers in southern India have begun exporting to Myanmar in a bid to boost utilisation rates as regional domestic demand remains subdued. According to reports by The Times of India, Chettinad Cements, India Cements, Dalmia Cements and Ramco Cement have started shipments to Myanmar in the past few months. Dalmia Cements began exporting cement last month with volumes amounting to 10,000-12,000t. Ramco Cements, meanwhile, has shipped around 40,000t cement from Karaikal Port, whic... |
India: Zuari Cement picks up 'Outstanding Company in Cement' award05 February 2014, Published under Cement NewsZuari Cement announced it won the "Outstanding Company in Cement Sector" Award as part of the Fourth EPC World Awards 2013. In a release, the company said it is a recognition for excellence. Now in its fourth year, the EPC World Awards is the foremost in its category that acknowledges the achievements of the companies and individuals from infrastructure, construction and real estate sectors. Zuari Cement (Italcementi Group) has a total cement manufacturing capacity of 6.2Mta in India, whi... |
South Indian cement makers start exports to Myanmar03 February 2014, Published under Cement NewsIt has been locally reported that Chettinad Cements, The India Cements, Dalmia Cements and Ramco Cements have started shipping cement to Myanmar in the past few months. Depressed market conditions for the second year running have forced cement makers in south India to look at different export markets. "We started shipments to Myanmar last month of about 10,000 to 12,000t. It is not very remunerative, but when the chips are down, we have to do something to stay afloat," said Vipin Agar... |
SPCB issues notice to Orissa plant, India31 January 2014, Published under Cement NewsThe State Pollution Control Board (SPCB) has issued a show cause notice to UltraTech Cement’s factory in the village of Arda, Orissa, for violating pollution norms and asked the company to respond within 15 days as to why action should not be taken against it. Residents surrounding the plant have claimed that dust emissions are causing a health hazard. Mukesh Mahalinga, regional officer of SPCB, said the notice was issued after a team of inspectors visited the plant over the 5-10 December, ... |
Zuari Cement recognised for ‘outstanding’ performance, India31 January 2014, Published under Cement NewsZuari Cement, part of the Italcementi group, has been recognised as an 'Outstanding Company’ in the Indian cement sector at the 4th EPC World Awards 2013, having previously received the accolade in 2011. Zuari Cement was rewarded for its industry performance, originality and state-of-the-art operations. The EPC World Awards acknowledge the achievements of the companies and individuals from the infrastructure, construction and real estate sectors. Over the years, EPC World Awards have evolv... |
Lafarge seeks government nod for limestone approval, India28 January 2014, Published under Cement NewsLafarge has warned that it could be forced to shut its Indian flagship plant in Chhattisgarh as limestone reserves are fast running out. The cement major is now urging the government to speed up approvals so that it can expand the area of its limestone mine in the state. "Any further delay in the clearance… will raise a huge risk on the survival of the plant operation," Lafarge India said in an appeal to the Cabinet Committee on Investment, highlighting the Union mines ministry’s inability... |
Pakistan 1H export volumes and revenue down22 January 2014, Published under Cement NewsPakistan exports declined both in terms of volume and value in the first six months of the current fiscal, data from the Bureau of Statistics shows. Cement exports totalled 4.206Mt on revenues of US$257.07m compared to 4.681Mt at US$304.31m. This translates into a 10.15 per cent decline in volume and 15.52 per cent fall in dollar value on a YoY basis. In terms of the Pakistan rupee exports were down by 7.41 per cent to PKR26.88bn over July-December 2012 period. The average export price ... |
India Ratings maintains 'stable negative' outlook on cement sector21 January 2014, Published under Cement NewsIndia Ratings has maintained a ‘stable negative’ outlook for the domestic cement sector in FY15 given the slowdown in construction and infrastructure sectors. Cement demand is expected to remain subdued with growth pegged at around 5-6 per cent in FY15, according to the research house. However, while slower infrastructure and construction activity impact growth, a number of other key drivers will help lift demand going forward. “"The growth will be supported by an expected increase in dem... |
UltraTech quarterly profit hit by subdued demand20 January 2014, Published under Cement NewsUltraTech Cement, the leading cement producer in India, reported a 38.43 per cent decline in net profit for the last three months of 2013 as sluggish demand leads to a weaker pricing environment. Net profit during the October-December quarter fell to INR370 crore compared to INR601 crore in the same period of 2012. Net sales in the three month period also declined marginally to INR4786 crores compared to INR4857 crore in the comparative quarter the year before. Domestic cement and cl... |