Cement News tagged under: Indian subcontinent
Pakistan sees 44% rise in demand for March06 April 2021, Published under Cement NewsPakistan’s cement sector posted its highest-ever monthly growth of 44.4 per cent YoY for March 2021, rising to 5.773Mt from 3.722Mt in the year-ago period on the back of an increase in domestic consumption and exports. The All Pakistan Cement Manufacturers Association reported a 42 per cent increase in local cement dispatches to 4.563Mt, compared to 3.214Mt in March 2020. Exports also advanced 60 per cent YoY from 507,480t to 810,962t. During the 9MFY20-21, total cement dispatches clim... |
Prism Johnson commissions further WHR and solar capacity31 March 2021, Published under Cement NewsIndia’s Prism Johnson has commissioned a 12.4MW waste heat recovery (WHR) unit and 10MW of solar power at its cement plant in Satna, Madya Pradesh. This is in addition to the 12.5MW of solar power capacity that was put into operation in the FY19-20 and the 10MW WHR facility that was installed in November 2020 at the same plant. The installations are expected to help the company reduce its dependence on non-renewable sources of energy and are part of its sustainability initiatives. |
Dalmia Cement launches production at 2.25Mta expansion26 March 2021, Published under Cement NewsIndia's Dalmia Cement (Bharat) launched commercial production at its new 2.25Mta plant expansion in Bengal, Midnapore, on Wednesday. As a result, overall capacity at the unit has reached 4Mta, making it the largest plant in the state. The company has reported a revival in demand from the infrastructure and urban housing sectors, along with that from individual home builders and the government's rural housing schemes, especially from the eastern and central regions. Therefore, the new expans... |
Wonder Cement appoints new MD26 March 2021, Published under Cement NewsIndia’s Wonder Cement has appointed Kiran Patil as its new managing director, with effect from 15 March. Mr Patil has previously worked as the chief manufacturing officer of ACC. "Having worked with some of the top cement manufacturers in the country and having handled multi-dimensional portfolios across segments, Kiranji’s appointment will surely be a significant contribution to Wonder Cement’s success story," said Vivek Patni, director. The company is currently commissioning grinding un... |
Chhattisgarh truck owners seek 12% increase in transport rates22 March 2021, Published under Cement NewsTruck owners under the umbrella of The Chhattisgarh Transport Association, India, are demanding in a 12 per cent rise in charges to transport cement from plants due to an increase in diesel prices. Since 26 February truckers have been on strike in terms of cement transportation. Initially they sought a 40 per cent hike. The cement companies want to limit price hikes to five per cent. Chhattisgarh Transport Minister, Mohammad Akbar, assured the transporters that their demand will be serio... |
Sri Lankan cement production advances 16% in January15 March 2021, Published under Cement NewsSri Lanka’s cement output continues to grow following 15.9 per cent YoY growth to 3.93Mt in 2020. In January 2021, the island’s cement manufacturers produced 364,790t of cement, up 15.5 per cent when compared with January 2020. The rise in domestic production and import controls imposed after the first COVID-19 wave in the country have led to a reduction in imports, which fell by 31.2 per cent YoY to 3.25Mt in 2020. |
Shree Cement places WHR order05 March 2021, Published under Cement NewsIndia’s Shree Cement has placed an order for two WHR boilers from ISGEC Heavy Engineering for its Raipur plant. A PH boiler will be set up at the preheater exhaust, while an AQC boiler will be installed at the cooler exhaust from the facility’s 10,500tpd kiln. This is the second order Shree has placed with the engineering firm, according to a statement. |
Pakistan cement sales expand 2% in February04 March 2021, Published under Cement NewsTotal cement sales in Pakistan edged up two per cent YoY to 4.6Mt in February 2021, showing sharply decelerating market growth when compared with January, when the market expanded by 16.3 per cent. The drop in sales was attributed by the All Pakistan Cement Manufacturers Association (APCMA) to a considerably drop in export sales, which fell to 18.2 per cent YoY to 753,444t – the fourth-consecutive monthly decrease. Domestic sales in February 2021 increased by 6.1 per cent YoY to nearly 4... |
Birla Corp appoints new CEO02 March 2021, Published under Cement NewsThe board of India’s Birla Corp has approved the appointment of Arvind Pathak as its new CEO and managing director for a period of three years, effective from 31 March 2021. The current CEO, Pracheta Majumdar, is expected to continue as the chief management advisor. Mr Pathak has 36 years of experience in the cement industry, having held management positions for over 14 years in various organisations, including ACC, DCP, Adani and Reliance ADAG group, according to Birla Corp. |
Dewan Cement sees 77% fall in turnover23 February 2021, Published under Cement NewsPakistan’s Dewan Cement Ltd has seen a 76.5 per cent YoY decline in net turnover to PKR948.17m (US$5.97m) for the first half of the FY20-21, compared with PKR4.04bn in the year-ago period. The company’s net loss has also expanded to PKR382.71m from PKR172.75m. In the 2QFY20-21, net turnover fell 58.5 per cent YoY to PKR931.64m while its net loss reached PKR266.59m in the quarter. |