Cement News tagged under: India
JSW Cement will use UAE plant to grow06 December 2019, Published under Cement NewsThis week, JSW Cement announced that its new 1Mta clinker production unit in Fujairah, UAE, is expected to be on-stream in January 2020. The project will enable JSW Cement to transfer clinker from UAE to Mumbai, where it will complete the finish grinding for the Indian market. The Dolvi plant is the company's closest plant to Mumbai, being situated just to the south in Raigad district. However, originally it was only equipped with a single 72tph UBE VRM and had a grinding capacity of 1Mta.... |
NCB International Seminar preview interview - Part 205 December 2019, Published under Cement NewsIn the second part of ICR's interview with Dr Bibekanana Mohapatra, NCB's head director, we discuss the current Indian cement market and the opportunities for trade. Indian Cement Sector Review Dr Bibekananda Mohapatra, NCB Head Director, discusses the Indian cement sector and trade ICR: This year, Indian cement demands is forecast by some analysts to be about half what it was in 2018. Are there many government infrastructure projects that are being hel... |
All-India cement prices fall in November04 December 2019, Published under Cement NewsAll-India cement prices have reportedly fallen two per cent MoM in November on the back of reduced demand, according to Centrum Broking. The all-India average cement price in October-November was around INR303/50kg bag (US$4.23/50kg bag), down from around INR309 in the July-September quarter and a considerable decline from around INR360 in the 1QFY19-20. |
CMA announces president and VP appointments04 December 2019, Published under Cement NewsIndia’s Cement Manufacturers' Association (CMA) has elected Mahendra Singhi as its president for the second year running. "I'm extremely proud to be associated with CMA during this year of rapid and profound positive environmental impact. I'm looking forward as CMA President to making 2020 an even more prolific year. Indian cement is working on a low carbon technology map and remaining fully sustainable. The cement industry is consciously working on achieving and aligning itself with the S... |
NCB International Seminar preview interview - Part 103 December 2019, Published under Cement NewsICR spoke to Dr Bibekananda Mohapatra, NCB's head director, ahead of the 16th NCB International Seminar to be held on 3-6 December 2019, in New Delhi, India, to find out what delegates could expect from the meeting and to get an update on the Indian cement sector. Dr Bibekananda Mohapatra, NCB Head Director NCB 16th International Seminar ICR: What are the main thoughts that you want people to go away with after visiting the NCB International Seminar? NCB: Research an... |
SCR meets industry representatives to improve cement loading03 December 2019, Published under Cement NewsIndia’s South Central Railway (SCR) has met representatives from leading domestic cement producers to discuss the improvement of its cement loading. UltraTech, India Cements, Kesoram Cements, ACC, Orient and Bharati Cements all assured railway authorities that cement loading will increase in the coming months, according to Telangana Today. The cement industry is the second-largest freight contributor for SCR, which loaded nearly 13.71Mt during the first half of the FY19-20, the highest am... |
NCB's 16th International Seminar to highlight key industry concerns29 November 2019, Published under Cement NewsIndia will be the centre of attention next week for the global cement industry, as the NCB hosts its 16th International Seminar in New Delhi between 3-6 December. There are many leading speakers at this event that will talk on key issues facing the Indian cement sector, such as: reducing the clinker factor with blended cements, waste fuels and raw materials, the circular economy, project engineering, process optimisation, advances in grinding and concrete performance. The Indian cement sect... |
JSW Cement expects UAE unit to be completed by January 202029 November 2019, Published under Cement NewsJSW Cement’s clinker production unit Fujairah, UAE, is expected to be completed by the end of January 2020, according to an interview with the Hindu Business Line. Parth Jindal, managing director of JSW Cement, noted that Ultratech and Ambuja send clinker from Gujarat to be ground near Mumbai. However, the freight from Gujarat and Fujairah to Mumbai is the same because they send it in small vessels and JSW plans to deliver it in big barges. The US$110m project will be the main source of... |
JSW Cement revises IPO and capacity expansion plans28 November 2019, Published under Cement NewsIndia’s JSW Cement has deferred its plan for an initial public offering (IPO) by a year as the slowdown in construction activity continues, according to the Financial Express. It had planned to go public by 2020 once it hit 20Mta of capacity, however, the company has revised this target to December 2021. The company expects to go public with a valuation of around INR250bn (US$3.49bn). "We want to first get to 20Mta before we do an IPO, because that is the critical level at which we will ... |
Confidence Power Bogra starts commercial production27 November 2019, Published under Cement NewsThe Confidence Power Bogra Ltd has informed Dhaka Stock Exchange two days ago that the Board of Directors has agreed with the decision taken in the Board of Directors of Confidence Power Holdings Ltd, an associate of Confidence Cement Ltd, having 41 per cent stake in its equity capital, that upon successful testing and commissioning the Confidence Power Bogra Ltd, a 99 per cent subsidiary of Confidence Power Holdings Ltd, has started commercial operation of its HFO based. The net 113MW pow... |