Cement News tagged under: Nepal

RSS feed

Nepal: Reliance plant gets go-ahead

24 November 2014, Published under Cement News

India’s Reliance Group, headed by Anil Ambani, has received clearance to build a cement plant in Nepal. The INR24.8bn (US$401.1m) cement works is expected to be constructed in central or eastern Terai. Reliance currently operates 5.8Mta of installed capacity but plans to lift it to 15Mta in the next three years. In India the company is also building a further 5Mta greenfield plant in Maharashtra and is awaiting environmental clearance for its INR2.5bn works in Kutch, Gujarat. In addition, A...

Nepal: moves to facilitate production

17 November 2014, Published under Cement News

The government of Nepal has said it will expand access roads to 11 cement plants and supply electricity to eight factories during the current fiscal to facilitate cement production. "Access road will be expanded from factories to the limestone mines of the respective factories," said Jeet Bahadur Thapa, joint secretary of the Ministry of Industry (MoI), adding. The move continues a policy introduced by the government in FY2008-09 to build the necessary infrastructure like access roads, ...

Kathmandu prices rise on higher production costs, Nepal

05 August 2014, Published under Cement News

Prices of most building materials including cement have increased in the Kathmandu valley since last year, according to local traders. Binod Keshari Upadhyaya, president of the Federation of Construction Materials Association told local press that construction materials have been rising due to costlier raw materials and various government policies. Higher transportation costs and wages have also pushed up prices of clinker. Cement prices have reportedly risen 8-10 per cent this year, ac...

Hetauda Cement hikes prices, Nepal

04 April 2014, Published under Cement News

The board of Hetauda Cement Industries Ltd decided on Tuesday to raise the price of cement due to increased raw material costs. The Nepalese-based cement producer is to increase prices by NPR28.25/bag (US$0.30), the Kathmandu Post reported. Following the revision, the price of a bag of cement will cost NPR684.78 for dealers while development projects it will be NPR696.08. The retail price has been fixed at NPR718/bag but will cost NPR840 in Kathmandu, according to the company. This is t...

Nepal: shareholders eagerly await Padma payments

24 March 2014, Published under Cement News

Shareholders in Padma Cement, which is currently in the process of being liquidated, have expressed concern following the news that the liquidator's office will pay out dues of lenders first. The DSE managing director, Dr Swapan Kumar Bala, said the liquidators will first have to pay any debts owed to lenders. "As owners of the company, the shareholders will get something after paying out the dues of lenders," Mr Bala said. Barrister M Moksadul Islam, assigned by the court to complete...

Double-digit rise in Nepal cement sales

23 January 2014, Published under Cement News

Nepal-based cement producers have reported a 10-15 per cent YoY increase in 2013 cement sales as the construction of dams, bridges and housing projects boosts demand. According to the Nepal Cement Manufacturers Association, there are around 44 cement facilities, of which around 12 are able to produce clinker. Despite local production being able to satisfy domestic demand, around 15 per cent of cement requirements are imported, according to Tara Pokharel, general secretary of the associa...

CG invests in Nepalese plants

22 January 2014, Published under Cement News

Nepal´s leading business conglomerate Chaudhary Group (CG) is investing NPR10bn (US$101m) on cement plants in Dumkibas of Nawalparasi and Palpa. The CG brand of cement produced at the Dumkibas-based plant has already hit the market. The factory produces 1300tpd. Similarly, CG is also setting up both clinker and cement plants in Palpa with an investment of NPR7.5bn in the Palpa plants.

Chaudhary Group launches production at new Nepal plant

17 December 2013, Published under Cement News

The Chaudhary Group (CG) has started production from a new 1500tpd plant in Nepal. Barun Chaudhary, director of CG, said the new Chinese-built plant can produce 250tpd of OPC and 1350tpd of PPC. The group plans to formally launch CG OPC next week, while CG PPC will follow a month later. “We have identified places between Janakpur in the east to Darchula in the west as our potential market,” Chaudhary told Republica news.  Though CG Cement is procuring clinker from Nepali producer at...

Hetuda factory resumes production, Nepal

21 October 2013, Published under Cement News

Hetuda Cement Factory has resumed clinker production following a three week closure due to a technical issue with its kiln. The cement plant halted production on 28 September 2013, and according to senior technical officer of the factory, Tej Bahadur Godar, told Republica News that output had restarted following the completion of necessary refractory repairs. In the last fiscal year, production had to be halted for two months while the company improved its dust control by installing a re...

Nepal allocates power supply funds to nine plants

28 August 2013, Published under Cement News

Nepal's Ministry of Industry (MoI) has decided to allocate NPR360m (US$3.5m) to provide electricity connections to nine cement factories as part of its infrastructural development programme for manufacturing industries. The cement producers to be awarded the funds include: Shivan Cement, Dang Cement, Laxmi Cement, Rolpa Cement, Ghorahi Cement, United Cement, Maruti Cement, Sarbottam Cement and CG Cement. These nine producers have also received funds to construct access roads, together ...