Cement News tagged under: India

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Bihar cement prices rise as supplies fall, India

09 April 2012, Published under Cement News

Cement prices in the Indian state of Bihar have risen by almost 50 per cent due to increased construction activity and the temporary shutdown of a nearby Prism Cement unit, the Economic Times of India reports. Bihar, situated in eastern India, has no major cement production facilities and relies on cement from plants located in Satna, MP, where prices have been rising due to heightened building activity. Compounding the issue is the shutdown of Prism Cement’s Satna unit which satisfies a ...

Shaasta Cement plans Karnataka clinker line, India

06 April 2012, Published under Cement News

Shaasta Cement Corporation, India, is planning the construction of a 2.25Mta clinker production line in Gulbarga district, in the state of Karnataka. The project is planned for completion in 2014.

Zuari subsidiary to expand Sitapuram unit, India

06 April 2012, Published under Cement News

Sri Vishnu Cement, India, is planning to expand its clinker manufacturing capacity at Sitapuram, district Nalgonda, in Andhra Pradesh, from 1.1Mta to 2Mta. Sri Vishnu Cement, part of Zuari Cement, expects work to commence in 2015 and be completed within 18 months.

2Mta plant planned in Madhya Pradesh, India

06 April 2012, Published under Cement News

Abhijeet Cement, India, is planning an integrated cement plant in district Morena in Madhya Pradesh. The new project, located at Bhilampur, will consist of a 2Mta cement line and a 50MW captive power plant. The project is currently approval from the Ministry of Environment and Forests.

Jaiprakash March dispatches rise 32%

05 April 2012, Published under Cement News

Jaiprakash Associates' cement dispatches in March 2012 has increased by 32% at 2.08Mt, as against 1.57Mt in the same month of 2011. Jaypee's cement business operates under the Jaiprakash Associates arm, which has a cement capacity of 28Mt. Jaiprakash Associates reported a fall of 12% in its net profit of INR205 crore in the third quarter of the current fiscal, mainly on higher interest payments. The company had registered INR233 crore net profit during the October-December quarter of l...

Indian majors report March gains

04 April 2012, Published under Cement News

Three of India's leading cement producers, UltraTech Cement as well as Holcim interests, ACC and Ambuja Cement, all reported healthy gains in their respective March 2012 figures.   UltraTech despatched 4.01Mt cement in March, 6.28% higher from previous year, a company release today said. Cement production during the month rose 4.5% YoY to 3.92Mt. On a monthly basis, despatches and production rose 14% and 13%, respectively. Ambuja Cement sold 2.17Mt of cement in March this year, up 12.4...

Pakistan eight-month export sales rise in value terms

29 March 2012, Published under Cement News

During the first eight months of the current fiscal (July 2011-June 2012), Pakistan cement exports have progressed in terms of value while the markets of Afghanistan, India and Saudi Arabia look promising.  The eight month period (July 2011-February 2012) saw Pakistan export 5.855Mt of cement with a value of US$303.127m compared to 5.905Mt at US$290.852m in the corresponding period of last year. This shows that cement export fell slightly by 0.85 per cent in terms of quantity but were up...

India cement oversupply to persist – BNP

28 March 2012, Published under Cement News

BNP Paribas has said that the oversupply situation in India is likely to persist while cement producers in the southern part of the country are optimistic on the demand outlook. The house says that while cement makers expect nationwide cement demand to grow 7- 8% in FY13, cement demand growth is likely to trend toward 10% levels in the longer run. "Producers hint at resumption of government spending on developmental projects and an increase in housing demand from the private sector," s...

JK Lakshmi to commission new grinding unit, India

26 March 2012, Published under Cement News

JK Lakshmi will commission a new 500,000tpd clinker grinding unit at Jharli in the next 2-3 days, managing director Vinita Singhania, said. The new plant will help the company lower its transportation costs as it currently caters to this key market from its main plant in Rajasthan.  The Delhi-based company spent INR1bn raised through internal accruals and debt over the last 18 months to set up the unit, Mr Singhania said. Production at the facility will gradually be increased to reach...

Himachal sees capacity reaching over 22Mt by 2015

23 March 2012, Published under Cement News

Cement and clinker production in Himachal is expected to reach 22.37Mt by 2015 after the north Indian state commissions the 3.75Mt JP Himachal Cement plant, according to  Minister Krishan Kapoor told local press. Speaking to local press, Mr Kapoor said ACC had set up two cement plants at Barmana and Bilaspur district with 7.7Mta capacity while an agreement has been signed with JP Cements for the establishment of a second unit at Bagha with a capacity of 3.75Mt in August 2010 and the plant w...