Cement News tagged under: India

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Mangalam Cement commissions WHR unit

16 January 2020, Published under Cement News

India's Mangalam Cement has commissioned new waste heat recovery capacity at its plant in Morak, Rajasthan. The company has initially put 5.15MW into operation. A further 5.85MW is expected to be commissioned during the current quarter (4QFY19-20).

India sees cement price increase in January

13 January 2020, Published under Cement News

India has reported cement price increases in most parts of the country in January, according to market analysts. "Prices have increased by about INR10/bag (US$0.14) (three per cent up from last month) in most parts of the country (according to our channel checks) after declining by about INR30/bag in the last six months," stated analysts from Motilal Oswal Financial Services. Furthermore, producers are expected to post healthy EBITDA growth in their results for the quarter ending Decem...

Sagar Cements sees production fall 3% in December

08 January 2020, Published under Cement News

India’s Sagar Cements has reported a 3.3 per cent YoY fall in cement production to 219,776t for December 2019, compared to 227,247t of the year-ago period. Consolidated cement production and purchase for the month stood at 300,138t, down by 7.6 per cent compared to 324,685t in December 2018. However, the company’s standalone cement sales for December 2019 rose 2.3 per cent YoY to 232,556t from 227,304t. Consolidated cement sales declined 4.3 per cent YoY to 312,132t from 326,272t.

NCL Industries reports 23% production decline

08 January 2020, Published under Cement News

India’s NCL Industries has reported a 23 per cent fall in cement production to 423,000t in the 3QFY19-20, compared with 552,000t in the year-ago period. Cement dispatches decreased 22 per cent YoY to 430,000t from 552,000t. The company's production of cement boards rose eight per cent to 19,091t for the quarter ending December 2019, while cement board dispatches slipped 10 per cent to 14,967t.

UltraTech Cement reduces cement price in Jammu and Kashmir

03 January 2020, Published under Cement News

India’s UltraTech Cement has reduced the price of cement in Jammu and Kashmir following the abolition of a toll tax in Lakhanpur, according to the region’s Department of Information and Public Relations. As a result, the price is reportedly decreasing to INR380/bag (US$5.29) from INR445/bag. The goods toll, previously being enforced under the Jammu and Kashmir Levy of Tolls Act 1995, has ceased to operate with effect from 1 January 2020.

India's demand recovery delayed to second half of FY21

31 December 2019, Published under Cement News

Growth of Indian cement demand fell short of expectations in Fiscal Year (FY) 2019-20 and no major recovery is expected until after the 2020 monsoon, according to analysts quoted in a report in the Business Standard. The sector is expected to end both the calendar as well as the financial year with flat demand growth, which is well below expectations for 5 to 6 per cent growth forecasts at the start of the year. “The general elections in Q1, and subsequently, heavy rains in most parts of t...

Eastern Indian cement demand to expand 8-10% in FY19-20

24 December 2019, Published under Cement News

Cement demand in eastern India is expected to grow by 8-10 per cent in the current financial year despite the economic slowdown, according to industry sources. Cement consumption in India is expected to expand at the slower rate of seven per cent, down from double digits in the previous year. “Cement demand growth during Q1 (April-June 2019) in the east was 15-16 per cent but since then it has tapered off. However, we expect strong demand in Q4 and hope to end the year with 8-10 per cent...

Indian petcoke imports rise in October

23 December 2019, Published under Cement News

India imported 809,000t of petcoke in October 2019, up more than 364 per cent from the year-ago period, according to Iman Resources. The imports were primarily sent from the US and Saudi Arabia, at 372,000t and 295,000t, respectively. Oman sent 38,000t, while 32,000t came from China. The origin of the remaining 72,000t was not clarified. The spike has been related to the lifting of the petcoke consumption order in October 2018, which saw cement producers increase their fuel-grade petcoke i...

UltraTech awards grinding equipment order to Gebr Pfeiffer

19 December 2019, Published under Cement News

UltraTech Cement, India’s largest cement producer, has placed the order for a MVR 6000 C-6 mill with Gebr Pfeiffer. The order is the first ever between UltraTech and Gebr Pfeiffer although the latter’s vertical roller mills are reportedly part of the standard equipment of the Indian cement company. The mill will enable UltraTech to grind 225tph of granulated blastfurnace slag as well as up to 370tph of a range of blended cements. Two opposing rollers of the six active grinding rollers of ...

Deccan Cements plans plant expansion

16 December 2019, Published under Cement News

India’s Deccan Cements has announced plans to expand its integrated cement plant in Suryapet, Telangana, at an investment of INR6bn (US$84.5m). The project will involve the addition of a new 15MW waste heat recovery plant at the existing 18MW coal-based captive power facility. Statutory clearances for the project are being awaited, with work on the project planned for completion within 24 months from zero date.