Cement News tagged under: Indian subcontinent

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Birla Corp plans to reach 30Mta of capacity by 2027

01 October 2021, Published under Cement News

India’s Birla Corp is setting a new target of reaching 30Mta of production capacity by 2027. Its current capacity is 15.6Mta but this is expected to rise to almost 20Mta by the end of the fiscal year, when its 3.9Mta Mukutban plant is commissioned. Birla had previously set a target of reaching 25Mta by 2025. The details of the new expansion plan will be announced when it has been approved by the board, according to Harsh V Lodha, chairman of Birla Group.

JK Cement commissions capacity upgrade at Nimbahera works

30 September 2021, Published under Cement News

India's JK Cement has completed a capacity upgrade project at its Nimbahera works in Chittorgarh, Rajasthan. The clinker capacity of Line 3 has been increased to 6500tpd from 5000tpd, with the works completed and commissioned yesterday.

Dewan Cement sees 7% rise in turnover

27 September 2021, Published under Cement News

Pakistan's Dewan Cement has announced a 7.3 per cent YoY rise in net turnover to PKR6.3bn (US$37m) for the year ended 30 June 2021, compared with PKR5.83bn in the year-ago period. The company also recorded a PKR666.4m loss for the FY20-21, which had contracted against the PKR1.32bn loss seen in the previous fiscal year.

Askari Cement orders three new cement mills

23 September 2021, Published under Cement News

Pakistan’s Askari Cement Ltd has ordered three MVR vertical roller mills from Gebr Pfeiffer for its plant in Nizampur. Two of the mills are MVR 5000 C-4 cement mills, which together grind 360tph of cement to a fineness of 3250cm²/g according to Blaine. The other is an MVR 5000 R-4 raw mill for grinding 520tph of raw material to a fineness of 12 per cent R90µm. A SLS V high-efficiency classifier will also be installed on all three mills. The order is being handled by China’s Hefei Cement Re...

Pakistan’s promising prospects

21 September 2021, Published under Cement News

Pakistan’s cement sector performed very well in the FY21, supported by government policies to assist construction activity in the wake of the COVID-19 crisis. Going forward local demand is expected to remain robust, giving rise to new capacity enhancements. Improved pricing power also bodes well for producers in terms of enhanced profitability. By The Pakistan Credit Rating Agency Ltd, Pakistan. Economic growth and government spending on development projects are the main drivers of ce...

Shree Cement announces INR47.5bn investment plan

15 September 2021, Published under Cement News

India’s Shree Cement has announced an INR47.5bn (US$645m) investment plan, which includes solar power projects, an integrated cement plant and a grinding works. Around INR5bn will be used to set up solar power plants at its cement works across the country by September 2022, while INR7.5bn has been allocated to a clinker grinding project in Purulia, West Bengal, through its Shree Cement East subsidiary. "The cement demand-supply situation in West Bengal appears quite favourable and thus, ...

Nuvoco Vistas sees improvement in first quarter

07 September 2021, Published under Cement News

India’s Nuvoco Vistas Corp has recorded a consolidated net profit of INR1.14bn (US$15.58m) in the first quarter of the fiscal ending 30 June 2021, compared to an INR913.8m net loss in the year-ago period. Consolidated revenue from operations also surged to INR22.03bn from INR8.42bn in the 1QFY20-21. "In spite of the countrywide lockdown, the company achieved exceptional volume growth in the quarter ended 30 June 2021. With a thrust on innovation and premium products, leveraging synergy be...

Gujarat Sidhee Cement to shut clinker line for maintenance

07 September 2021, Published under Cement News

India’s Gujarat Sidhee Cement is planning to shut down the clinker line at its Sidheegram plant for annual maintenance, which is expected to take a period of 17-20 days to complete.   However, cement grinding and dispatches are still planned to continue. 

Huaxin Cement Narayani prepares to begin production

31 August 2021, Published under Cement News

Huaxin Cement Narayani is expected to start cement production within two months following the completion of the cement works in the central Dhading district of Nepal, according to Xinhua. The China-Nepal joint venture has a cement capacity of 3000tpd. Construction began in 2019, but the completion of the project was delayed by floods, disputes over land acquisition and the COVID-19 pandemic.

Cherat Cement sees turnover rise 47% YoY

31 August 2021, Published under Cement News

Pakistan's Cherat Cement Co has posted a profit of PKR3.21bn (US$19.29m) for the financial year ended 30 June 2021, according to a bourse filing. The company had recorded a loss of INR1.89bn for the FY19-20. Net turnover also advanced 47 per cent YoY to INR25.21bn in the FY20-21, compared to INR17.09bn in the previous year.