Cement News tagged under: coal
ACC sees Indian demand rising 10 per cent YoY, India16 August 2012, Published under Cement NewsIndian cement major ACC has said cement demand may grow at a healthy rate of 10 per cent in 2012 but subdued capacity utilisation and higher raw material costs will keep prices under pressure. "The demand for cement is expected to grow at 10 per cent over 2011. A lower utilisation rate coupled with increase in cost of raw materials and increasing logistics costs are likely to keep overall prices under pressure in all regions," it said in its annual report. "Pressure on costs will continu... |
Malabar Cements seeks thermal coal supply, India14 August 2012, Published under Cement NewsMalabar Cements Ltd. is seeking to buy 12,000t of thermal coal, according to a document on its website.The state-owned cement maker based in Kerala is seeking coal with 5,500kcal/kg on an air-dried basis, 12 per cent maximum total moisture, 23 per cent maximum ash and one per cent maximum sulphur to be delivered at the port of Cochin, according to the tender document. Bids will be opened on September 5, Bloomberg reports |
HeidelbergCement: July '1203 August 2012, Published under Cement NewsThe Bosnian HeidelbergCement subsidiary Tvornica Cementa Kakanj is expecting a volume reduction of between 10-14 per cent this year. This would take consumption down to 40 per cent below the level seen in 2008. Domestic deliveries are expected to be some 15 per cent down on last year. Around 12 per cent of production is now exported, mainly to Croatia. HeidelbergCement's 1H turnover rose by 9.8 per cent to €6580.4m, while the EBITDA only advanced by 0.8 per cent to €911.6m as energy cos... |
Indian cement sector turns to US high-sulphur coal07 May 2012, Published under Cement NewsShree Cement and Ultratech have taken one cargo of US high-sulphur coal, with others set to follow suit, as the Indian cement sector seeks a cheaper alternative to the increasingly scarce petcoke. India's coal imports are set to grow rapidly to over 100Mt of thermal coal this year, most of it from Indonesia and South Africa destined for power generators. The cement sector is a smaller but significant consumer of imports. Some Indian end-users are likely to turn to the very high-sulphur Ill... |