Cement News tagged under: India

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BAI of India seeks government intervention for land acquisition process

01 October 2012, Published under Cement News

The Builders Association of India (BAI) plans to seek government intervention to address pertinent issues such as land acquisition, environmental clearances and reforming the existing labour laws, according to the Times of India. The two-day meet which concluded on Saturday particularly stressed on the need to expedite the process of land acquisition and getting clearances to prevent delaying projects. The meet included the participation of nearly 700 builders from 265 branches of the assoc...

Dalmia Bharat to buy Adhunik Cement for INR5.60bn

28 September 2012, Published under Cement News

Dalmia Bharat Enterprises Ltd said Friday it has signed an agreement to acquire Adhunik Group's cement unit for about INR5.60bn (US$106.3m). Under the deal, Dalmia Cement Bharat Ltd. will acquire Adhunik Cement Ltd., the company said in a regulatory filing. Adhunik Cement sells cement under the Adhunik MSP brand and has a manufacturing facility with a capacity of 1.5Mta in the Jaintia Hills of Meghalaya, a northeastern state in India, according the Adhunik Group website. Steel maker ...

Ambuja Cements wins safety awards

27 September 2012, Published under Cement News

Ambuja Cements has won two national awards for safety at its Rabriyawas plant in Rajasthan.  The company bagged the first prize for its good performance in industrial safety and was runner-up in the category, ‘Accident Free Year.’ This is for the second consecutive year that the plant has won the National Safety Awards, according to The Hindu Business Line. The awards have been instituted by the Union Ministry of Labour and Employment in 1965. Ajay Kapur, CEO, Ambuja Cements, said safe...

India’s cement transport by rail falls 11.8 per cent

26 September 2012, Published under Cement News

A rise in freight charges has seen a drop in cement volumes carried by Indian Railways. In August, cement volumes carried by rail fell 11.8 per cent YoY to 7.52Mt as rail fares saw an increase of as much as 24 per cent.  The Cement Manufacturers Association (CMA) said the decline was prompted partly by the rise in freight rates, although the general decline in the cement market also contributed.  In addition, the cargo does not have to be transported across long distances. "Today, a la...

Indian cement prices slip due to delayed monsoons

26 September 2012, Published under Cement News

Low cement demand in India has put a downward pressure on cement prices across the country, correcting them by around INR7-10 (US$0.13-/0.19)/bag since Monday. Construction activities have not picked up yet due to delayed monsoons but the industry is hopeful of Maa Durga’s blessings as it expects the festival will lead to an improved sentiment amongst consumers and hence, better sales. An official from Ambuja Cement said, “During monsoon prices get corrected but as demand starts picking u...

Fourth terminal for Cochin Port, India

25 September 2012, Published under Cement News

India’s Cochin Port Trust (CPT) plans to set up a fourth cement terminal in Willingdon Island. The new terminal, with a capacity of 100,000t, will be built in response to demand from major cement companies and will be located on 3.19ha of leased land at the north side of Mattanchery wharf. “The interest shown by companies to set up and operate terminals indicates a positive change in attitude towards investment in the port sector, especially in Kochi. It may be noted that there has not...

Reliance Cement awaits clearance for new plant, India

21 September 2012, Published under Cement News

Reliance Cement expects to start its first integrated unit located at Mahiyar in Madhya Pradesh, India by mid-2014. However, there may be a gap of six months at least for another one planned at Mukutban in Yavatmal district to get commissioned. The lag is due to a forest clearance being awaited for a part of the limestone mines in Mukutban from where raw material will be sourced. "The mines are divided into three parts. Stage 2 forest clearance is awaited for one-sixth portion of one of the...

West Bengal project inaugurated, India

19 September 2012, Published under Cement News

Kolkata-based Roofers Group inaugurated its 0.2Mta cement plant in West Bengal, India on Tuesday according to local press reports.  “We have initially invested INR30 crore to set up a 200tpa plant at Lodhasuli. Commercial production from the plant will commence a day after its inauguration,” Roofers Group president Anjan Bandyopadhyay told reporters. “We will scale up production to 600t within one and half years from now. It would require an additional investment of about INR100 crore,” Ba...

Reliance Cement launches into the Indian cement market

18 September 2012, Published under Cement News

Reliance Infrastructure Limited (RInfra), part of the Anil Ambani led Reliance Group, through its subsidiary Reliance Cement Company Private Limited (RCC), launched of its "Reliance Cement" brand on Monday. This marks the commercial entry of Reliance Group into the Indian cement market. "We are happy to announce the launch of Reliance Cement. It is a landmark event in the Indian cement industry. We will initially cater to the entire Vidharbha market focusing on districts like Nagpur, Wardha...

Indian producers signal possible price hike

17 September 2012, Published under Cement News

Indian cement producers have indicated that prices may have to be hiked to absorb increased freight charges as diesel prices are hiked. Speaking to the Hindu, JK Lakshmi Cement Whole-time Director Shailendra Chouksey said: “The increased freight is not only going to impact the distribution of finished goods but also on a total of 3Mt freight. I don’t think the industry is now in a position to absorb this.” Following the INR5.62 a litre hike in the price of diesel last evening, apex tr...