Cement News tagged under: indian sub-continent
Environmental threat as fly ash cargo sinks02 January 2024, Published under Cement NewsBangladesh's cement industry saw disappointing news about the wastage of imported raw materials from India for the industry. The local lighter vessel carried 1422t of fly ash from India to a cement factory in the Ghorashal area of Bangladesh, sank in the Sibsa River near the Sundarbans on 29 December in Southern Bangladesh. All 12 crew members on board managed to swim ashore safely, but the cargo was wasted in the river, The "MV Garohera" lifted anchor from Haldia port in India and was ... |
Ambuja Cement to add 1GW of renewable energy22 December 2023, Published under Cement NewsAmbuja Cement ( Adani Group ) has announced a plan to add 1GW of solar and wind generation capacity. The company will invest INR60bn (US$72m) in solar and wind projects in two Indian states. The line-up of renewables includes a 600MW solar PV project and a 150MW wind project in Gujarat, as well as a 250MW solar PV project in Rajasthan. Ambuja Cement said the addition of solar and wind generation capacity will be achieved by the FY25-26 while the company reach 200MW of renewable capacity... |
Pakistan’s cement and clinker exports increase22 December 2023, Published under Cement NewsPakistan’s cement industry has registered substantial growth in dispatches of cement and clinker exports in terms of value and quantity during the first five months of FY23-24 (July-November 2023) due to the continued depreciation of the Pakistani rupee against foreign currency and the falling coal prices. Pakistan’s cement and clinker exports increased by around 48.3 per cent in the 5MFY23-24 to US$114 (2.93Mt), compared to US$76.87m (1.54Mt) in the 5MFY22-23, the Pakistan Bureau of Stat... |
Pakistan cement prices rise due to freight costs21 December 2023, Published under Cement NewsCement prices across Pakistan have risen over recent weeks, according to the Pakistan Bureau of Statistics. The lowest price for a 50kg bag now stands at PKR1265 (US$4.52) with the maximum price coming in at PKR1400. Prices in the north of the country have reported an almost two per cent uptick from an average of PKR1220 in late November/early December to PKR1271/bag. Reports by the Pakistan Observer suggest the price increases are being driven by higher freight rates. The Pakistan govern... |
Pakistani cement dispatches down 2% in November18 December 2023, Published under Cement NewsPakistani cement dispatches fell by 2.1 per cent to 3.924Mt in November 2023 from 4.009Mt in November 2022, according to the All Pakistan Cement Manufacturers Association (APCMA). Local cement dispatches dropped by 15.5 per cent YoY to 3.262Mt in November 2023 from 3.862Mt in the year-ago period. Northern mills dispatched 2.867Mt, down 12.2 per cent YoY in November 2023 when compared with November 2022, when 3.267Mt were dispatched. Southern mills saw dispatches fall by 22.9 per cent YoY... |
Bangladesh's foreign and local cement firms report mixed financial results in 1QFY2415 December 2023, Published under Cement NewsThe Bangladesh foreign and local cement firms listed at the Dhaka Stock Exchange (DSX) improved their earnings in the July-September quarter of FY23-24, overcoming challenges stemming from rising energy costs and the depreciation of the taka currency against the dollar during this accounting period. According to local media, the cement makers partially offset additional costs by boosting sales prices and taking advantage of the recent reduction in raw materials prices in the global market. ... |
Ramco Cements enhances Kolimigundla clinker capacity13 December 2023, Published under Cement NewsThe Ramco Cements Ltd (RCL) has increased clinker capacity at its Kolimigundla works in Andhra Pradesh, India, by debottlenecking its pyroprocessing system. The debottlenecking process has increased clinker capacity at cement plant by 0.65Mta to 3.15Mta, a company executive told local press. The Kolimigundla plant is now operating at full capacity. The official added that the expansion of the Odisha grinding unit from 0.9Mta to 1.8Mta is expected to be commissioned in January 202... |
Pakistan’s cement industry utilisation expected to hover at 57% in FY2411 December 2023, Published under Cement NewsPakistan’s cement dispatches (ie, local sales plus exports including clinker) over the 5MFY23-24 period (July-November 2023) indicate total dispatches of 47Mt for the full fiscal year. If all goes well, this will translate into a capacity utilisation level of approximately 57 per cent. According to local media, this rate is low compared to the previous fiscal and substantially lower than in previous years when utilisation reached maximum levels, pushing cement manufacturers to invest in cap... |
Bangladesh exceeds the cement export target in 5MFY23-2407 December 2023, Published under Cement NewsBangladesh has recorded 90.2 per cent YoY growth in cement export revenue to US$6.98m in the first five months of FY23-24 (July-November 2023) from US$3.67m in the same five months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. The 17.7 per cent YoY rise in cement exports also surpassed the target of US$5.93m for 5MFY23-24. Bangladesh had set a higher target export revenue of US$15m f... |
Adani Cement acquires Sanghi Industries in west coast expansion06 December 2023, Published under Cement NewsAdani Cement Ltd has secured a 54.51 per cent stake in Sanghi Industries and will look to harness operational synergies from this acquisition, according to the company. The primary objectives for the acquisition include boosting efficiency, minimising costs, and fostering a sustainable approach to cement production. Sanghi Industries’ expansive Sanghipuram integrated manufacturing plant spans 2700ha, making it India's largest single-location cement and clinker production facility. The... |