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JSW Cement secures SLL funding for capacity expansion

JSW Cement has signed a Sustainability Linked Loan (SLL) agreement with BNP Paribas Singapore for INR4140m (US$50m). According to BusinessLine, the cement producer has raised a total of INR8000m...
News - 12 June 2023

JK Cement agreement to purchase Toshali Cements

JK Cement has seen its shares rise after agreeing in principle a share purchase agreement for Toshali Cements for INR1570m (US$19m). The Board of Directors in its meeting has accorded in-principl...
News - 08 June 2023

JK Lakshmi Cement wins Superbrand accolade

India-based JK Lakshmi Cement has been awarded Superbrand status for 2023-24, making it the only brand in the grey cement category to receive this accolade. According to Devdiscourse, the select...
News - 08 June 2023

Bangladesh cement exports surpassed export in 11MF22-23

Bangladesh has reported 43.9 per cent YoY growth in cement export revenue to US$12.52m in the first 11MFY22-23 (July 2022-May 2023). This compares to US$8.7m in the same period a year earlier.  ...
News - 07 June 2023

Andhra Cements restarts clinker line at Durga

India-based Andhra Cements Ltd, part of Sagar Cements, has relaunched the clinker line at its 1Mta integrated Durga Cement Works in Dachepalli Mandal, Palnadu District, Andhra Pradesh. Accord...
News - 06 June 2023

What will prompt faster decarbonisation?

This week the Alliance for Low-Carbon Cement and Concrete (ALCCC) published its latest report on 'fast-tracking cement decarbonisation'. The document looks at underperforming and reaching performa...
News - 02 June 2023

Crown Cement secures loan for 6th line

Crown Cement Plc has secured a syndicated loan facility for the construction of the sixth cement line at its plant in West Mukterpur, Munshiganj , Bangladesh. The new line will have a state-of-...
News - 02 June 2023

IKN cooler start-up at Hirmi cement plant

After 24 hours of performance testing, another IKN cooler received its performance test certificate. The cooler, installed at Line 2 in UltraTech Cement 's Hirmi Cement plant, India, has not o...
News - 02 June 2023

Kayasand receives NZD3.5m investment boost

Kayasand, a New Zealand distributor of sand manufacturing technology, is working to produce more sustainable concrete with up to 20 per cent less carbon emissions. To help achieve its aims, it h...
News - 01 June 2023

India: looking for the next leap

India’s cement sector continued on the right track in 2022 as growth has begun to reset to a more realistic level. The government’s infrastructure push and a continued focus on affordable housing ...
Articles - 30 May 2023