Cement News tagged under: Indian sub-continent
Bangladesh outstrips the cement export target in 6MFY23-2408 January 2024, Published under Cement NewsBangladesh has recorded 91 per cent YoY growth in cement export revenue to US$8.96m in the first six months (July-December 2023) of FY23-24 from US$4.69m in the same six months of the previous year, according to the Bangladesh Export Promotion Bureau (EPB). This figure includes minor amounts of salt, stone and related products. The 22.1 per cent YoY rise in cement exports also surpassed the target of US$7.29m for 6MFY23-24. Bangladesh had set a higher target export revenue of US$15m for F... |
Afghan coal price surge impacts northern Pakistan cement production costs08 January 2024, Published under Cement NewsA spike in Afghan coal prices has affected the cost of cement production in northern Pakistan. JS Research reports that the northern-based cement companies, which operate 20 of the 26 production lines in Pakistan, are facing the challenge of high production costs due to a recent rise in imported coal prices. The cost trade-off between Afghan and international coal remains dynamic, leading to difficulties for the industry. The northern region players face costs of around PKR53,000/t (US$188.... |
Cement prices rise in Sri Lanka08 January 2024, Published under Cement NewsThe maximum retail price of a 50kg bag of cement has been increased in Sri Lanka by LKR150 (US$0.466) with immediate effect, cement manufacturers said. They said the price was increased due to the imposition of the value-added tax on 1 January. Accordingly, the new retail price of a 50kg bag of cement is LKR2450 (US$7.62). Meanwhile, National Construction Workers Union (NCWU) secretary, Supun Abeysekara, told the local Daily Mirror that though only a three per cent VAT should be impose... |
Pakistan sees drop in 1HFY23-24 dispatches05 January 2024, Published under Cement NewsPakistan's cement dispatches increased by 4.6 per cent in December 2023 to 4.06Mt against 3.881Mt dispatched in December 2022. Out of this total, according to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement dispatches were 3.536Mt compared to 3.676Mt in December 2022, showing a decline of 3.8 per cent. However, more positive news came from the overseas markets as export dispatches increased by a considerable 155.9 per cent as the volumes jumped from 2... |
SID completes alternative fuel project for Prism Cement04 January 2024, Published under Cement NewsPrism Cement has announced the completion and hand over of another milestone project for the company in India. The joint efforts of SID SA of Switzerland and India have successfully completed the alternative fuel project at the cement plant. This project will reduce carbon consumption in cement production while using processed alternative fuel. Prism Cement operates a 5.6Mta plant in Satna , India. |
UltraTech's sales rise 6% YoY in 3QFY23-2402 January 2024, Published under Cement NewsUltraTech 's consolidated sales rose by six per cent per cent to 27.32Mt YoY in the third quarter ended 31 December 2023. Aditya Birla Group , UltraTech's parent company, announced in a regulatory filing that total sales volume in the domestic market was up five per cent YoY to 26.06Mt during the quarter under review. The company's domestic grey cement production was at 25.44Mt in the October-December 2023 quarter, reporting five per cent growth YoY, while its white cement production wa... |
Wonder Cement announces Tulsigam grinding plant02 January 2024, Published under Cement NewsWonder Cement Ltd has announced the setting up of a new production facility at Tulsigam, Gujarat, India. The 2Mta Tulsigam unit is set to augment the brand's manufacturing capabilities, seamlessly integrating with its existing production lines. "Each strategic move, including our new Tulsigam grinding unit, is aligned with our commitment to cater to Bharat’s evolving infrastructural demands. We're poised for continued growth and are deeply committed to quality, innovation, and societal ... |
Indian port modified norms for handling imported limestone02 January 2024, Published under Cement NewsPorbandar Port has made some changes in handling raw materials for cement and other industries. Porbandar is a medium-sized port on India's west coast, in the Saurashtra region of Gujarat state, and is owned and operated by the state-owned Gujarat Maritime Board (GMB). An interim measure pending issuance of new guidelines, subject to periodic review, has set a minimum limestone cargo discharge rate from a vessel lying at berth at Porbandar Port at 7000tpd. This refers to Gujarat Maritime... |
Power Cement exports to the UK02 January 2024, Published under Cement NewsPower Cement of Pakistan has marked a significant milestone. It has successfully entered the European market by exporting its high-quality cement to the United Kingdom. This initiative demonstrates Power Cement’s commitment to global expansion and positions the company as a formidable force in the international construction materials arena and, notably, as the first Pakistani cement exporter to enter the UK market. Saifuddin A Khan, director of export marketing at Power Cement, expr... |
Environmental threat as fly ash cargo sinks02 January 2024, Published under Cement NewsBangladesh's cement industry saw disappointing news about the wastage of imported raw materials from India for the industry. The local lighter vessel carried 1422t of fly ash from India to a cement factory in the Ghorashal area of Bangladesh, sank in the Sibsa River near the Sundarbans on 29 December in Southern Bangladesh. All 12 crew members on board managed to swim ashore safely, but the cargo was wasted in the river, The "MV Garohera" lifted anchor from Haldia port in India and was ... |