Cement News tagged under: Indian sub-continent

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INSEE Sri Lanka appoints new CEO

08 October 2020, Published under Cement News

Gustavo Navarro has been appointed as the new CEO of INSEE Cement Sri Lanka. Mr Navarro took up the position on 1 September after Nanndana Ekanayake relinquished the CEO duties after three-and-a-half years in the position. Mr Navarro was previously CEO for Holcim in Serbia and Russia as well as CEO for CRH's Romanian subsidiary.

Minerals Department issues 8 cement plant licences in Punjab

07 October 2020, Published under Cement News

Pakistan’s Minerals Department has issued licences to eight companies willing to invest in Punjab to establish cement factories. These licences were issued on the direction of Provincial Minerals Minister, Hafiz Ammar Yasir, who noted that the province was making headway towards progress and development, according to The News International. Under the previous government, there was a ban on establishing new cement factories in Punjab. However, Hafiz Ammar Yasir has since had the ban wit...

Nepal reports rise in imports due to lockdown

06 October 2020, Published under Cement News

Cement and clinker worth NPR957.2m (US$8.15m) have been imported in Nepal after limestone excavation and cement production was stopped due to the COVID-19 lockdown imposed by the government. After the production and excavation stopped, cement and clinker were imported from India. According to the Department of Customs, cement and clinker worth NPR513.4m was imported in August. In September, cement and clinker worth NPR443.7m was imported. Despite claims that the country is self-suffici...

Sri Lanka sees production rise 26% in July

06 October 2020, Published under Cement News

Sri Lanka’s cement production in July rose 26.3 per cent YoY to 413,000t from 327,000t last year, according to the Daily Mirror. Total domestic cement production increased 4.1 per cent to 2.056Mt during the 7M20, against 1.976Mt in the comparable period of 2019. Cement imports in July stepped down to 422,000t from 430,000t in the year-ago period.Total cement imports for the January-July period also declined 33.7 per cent YoY to 1.936Mt from 2.921Mt. However, total consumption in July a...

Pakistan cement records rising September dispatches

05 October 2020, Published under Cement News

All Pakistan Cement Manufacturer Association (APCMA) released the highest local and overseas dispatch figures for September 2020. Total dispatches by Pakistani cement producers during September 2020 reached 5.213Mt against dispatches of 4.273Mt in September 2019.   Experts attribute September’s pick-up in cement dispatches to post-Eid break and monsoon rains last month. The export to Bangladesh and Sri Lanka also increased during this period. According to the breakdown, the domestic...

Shree Cement plans new INR10bn plant

30 September 2020, Published under Cement News

India’s Shree Cement has received board approval to set up a new clinker plant in Baloda Bazar, Chhattisgarh. The unit could have a capacity up to 12,000tpd and is expected to represent an investment of around INR10bn (US$135.66m). Shree plans to finance the project through internal accruals and debt. It is expected to reach completion by the end of the 3Q22.

Maple Leaf looks to expand WHR capacity

29 September 2020, Published under Cement News

Pakistan’s Maple Leaf Cement Factory Ltd has announced plans to expand capacity at its waste heat recovery plant to 25MW from 16MW. The project is expected to be worth INR1.8bn (US$24.38m) and is likely to be financed through debt. Sayeed Tariq Saigol, CEO, stated that the company has always endeavoured to reduce production costs and increasing its electricity production through the waste heat recovery plant will aid in this. The project is expected to begin by September 2021.

India Cements expects improvement

29 September 2020, Published under Cement News

India Cements’ Managing Director, N Srinivasan, has announced that the company expects an improvement in performance going forwards. "With further relaxation of lockdown measures, there are expectations of increased public spending on rural infrastructure, irrigation, road building and other projects. This, along with a pick-up in individual home building and construction, is expected to improve cement demand," said the MD. Improving conditions in its key markets, such as in Andhra Pra...

Flying Cement appoints new director

25 September 2020, Published under Cement News

Pakistan’s Flying Cement Co has announced the resignation of Waqar Zahid, a director of the company, effective from 10 September 2020. Following Mr Zahid’s departure, the company has appointed Muhammad Mubeen Khan as a new director.

Mixed trends in export from Pakistan continued in 2MFY20

24 September 2020, Published under Cement News

According to Pakistan's Federal Bureau of Statistics (FBS) cement export data for July-August 2020 (2MFY20-21) showed a mix of trends. Pakistan's cement industry earned US$44.51m of export revenue by exporting 1.376Mt of cement and clinker in the 2MFY20-21, compared to US$42.14m from 1.064Mt of exports in July-August 2019. Therefore, shipping represents a 5.6 per cent jump in dollar terms and a growth of 29.35 per cent in quantity MoM. In local currency terms, the export value increased ...