Cement News tagged under: Indian subcontinent

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Mangalam Cement sees 57% rise in sales

19 July 2021, Published under Cement News

India’s Mangalam Cement has reported a 57.1 per cent rise in sales to INR3.55bn (US$47.52m) in the quarter ending June 2021, compared to INR2.26bn in the year-ago period. Net profit also increased 189.4 per cent YoY to INR399.4m from INR138m in the corresponding period of the previous fiscal.

Tokyo Cement Group supplies purified water system

19 July 2021, Published under Cement News

Tokyo Cement Group has gifted purified drinking water facilities to the people of Siyambalagaswewa in Mihintale, Sri Lanka as part of its Fountain of Life project. The company installed a customised water purification system with reverse osmosis technology, with an output capacity of 5000lpd to nearly 650 Siyambalagaswewa villagers. Managing Director of Tokyo Cement Co (Lanka) PLC, SR Gnanam, in a statement noted, "The project is implemented in selected rural parts of our country, wher...

Indian government sets up new cement council

08 July 2021, Published under Cement News

The Indian government has set up a 25-member development council for the cement industry, which will suggest ways to eliminate waste, obtain maximum production, improve quality, reduce costs and promote the standardisation of products, according to a press release. Other functions of the council include recommending measures for securing the full utilisation of installed capacity, particularly of less efficient units, as well as promoting training, and promoting or undertaking scientific ...

NCL Industries announces 52% rise in production

08 July 2021, Published under Cement News

India’s NCL Industries has announced a 52 per cent YoY increase in cement production to 706,370t in the first quarter of FY21-22. Cement dispatches were also up 44 per cent to 698,498t compared to the year-ago period. The company’s cement board production rose 37 per cent to 17,196t and dispatches climbed 32 per cent to 10,634t.

India's cement production falls in April and May

06 July 2021, Published under Cement News

India's cement production was down by 11 per cent MoM in April and 18 per cent MoM in May, due to the rise of COVID-19 cases and the subsequent lockdown restrictions by many states. However, notwithstanding the onset of the monsoon season, pent-up demand is expected to push volumes forward in the second quarter of the FY21-22. As a result, ICRA ratings agency has revised its volumetric growth estimates for the fiscal year downwards to 10-12 per cent from 15 per cent. Anupama Reddy, ass...

JK Cement aims for 10% revenue growth in FY22

05 July 2021, Published under Cement News

India’s JK Cement is targeting up to 10 per cent revenue growth in the FY21-22, due to a push for more infrastructure projects and pent-up demand, according to The Mint. Alongside these growth projections, the company is looking to complete its Panna expansion project in 2022, which was delayed due to the pandemic. The project is expected to take the company to a capacity of 20Mta, with further expansions planned to take it to 25Mta over the next five years.

Pakistan's cement exports rise 5% YoY

02 July 2021, Published under Cement News

Cement exports from Pakistan increased 4.6 per cent YoY during the first eleven months of FY20-21, rising to US$253.584m from US$242.505m, according to the Pakistan Bureau of Statistics (PBS). In terms of quantity, cement exports rose 13.3 per cent from 6,570,921t to 7,442,573t. In May 2021, cement exports advanced 47.8 per cent YoY to US$28.527m from US$19.302m in the year-ago period.

Wonder Cement orders mill from Gebr Pfeiffer

02 July 2021, Published under Cement News

India’s Wonder Cement has ordered its eighth vertical roller mill from Gebr Pfeiffer to grind petroleum coke and coal. The producer is starting the expansion of its cement plant in Tehsil Nimbahera, Chittorgarh, which will see its fourth 8000tpd rotary kiln be operated with petroleum coke and/or coal as fuel. Therefore, the company has ordered an MPS 3070 BK mill for fuel grinding. The throughput rate for pure petcoke grinding is 40tph with a product fineness of two per cent R90µm. The mil...

Gujarat Sidhee Cement posts 28% rise in profit

01 July 2021, Published under Cement News

India’s Gujarat Sidhee Cement Ltd has reported a 27.8 per cent YoY rise in consolidated profit to INR207.9m (US$2.79m) in the 4QFY20-21, up from INR162.7m in the year-ago period. Revenue also increased 17.5 per cent YoY to INR1.94bn from INR1.65bn. In the full-year FY21 period, the company’s profit declined 31.9 per cent to INR305.4m from INR448.3m. Revenue also slipped 3.3 per cent YoY to INR5.66bn from INR5.85bn in the FY19-20.

UltraTech’s Reddipalayam plant reaches a TSR of 25%

30 June 2021, Published under Cement News

UltraTech Cement’s Reddipalayam plant in Ariyalur, Tamil Nadu, now meets 25 per cent of its fuel requirement through the utilisation of waste materials from municipal corporations and industries. The unit has also successfully reduced CO 2 emissions by 2250tpa, according to the company. The unit sources waste from 11 local municipalities, including Ariyalur, Erode, Kumbakonam, Thanjavur, Perambalur and Karur and also from cities such as Chennai and Kozikhode. The Reddipalayam plant also ...