Cement News tagged under: Nepal
Shivam Cement first cement producer to IPO in Nepal22 June 2018, Published under Cement NewsShivam Cement Ltd is set to issue 5,280,000 units in an initial public offering (IPO) at premium prices after the company received approval from the Securities Board of Nepal (Sebon). It is the first cement producer that is issuing primary shares for the general public. Shivam Cement will issue 880,000 units, or two per cent of the company’s share capital, at the rate of NPR300 (US$2.75)/unit. The company will also be allowed to issue 4,400,000 units of primary share, or 10 per cent of is... |
Udayapur Cement suffers irregular supply of power20 June 2018, Published under Cement NewsNepal’s Udayapur Cement Industries Ltd (UCIL) is facing financial losses due to the irregular supply of electricity to its facility. Power supply was halted 27 times in the internal supply line and 93 times in the external line during the mid-May-mid-June period, according to Republica. "An hour of power cut in the factory causes losses of over NPR400,000," said Surendra Paudel, general manager. "When there is a sudden cut in power supply, it hampers the engine on one hand, and on the ot... |
Nepal's Ministry of Industry identifies sites for clinker storage11 June 2018, Published under Cement NewsNepal’s Ministry of Industry, Commerce and Supplies has begun work to acquire land to improve transportation of imported clinker from India. Rabi Shankar Sainju, spokesperson for the Ministry of Industry, Commerce and Supplies, said the ministry had identified land plots in three locations near Birgunj Inland Container Depot (ICD) to manage the dust emissions of the cargo. The government plans to construct storage facilities around the ICD in Birgunj to unload clinker and fly ash. Cur... |
Hongshi-Shivam Cement begins operations21 May 2018, Published under Cement NewsHongshi-Shivam Cement Pvt Ltd started trial cement production in Nepal last Friday. Satish Kumar More, a director of the company, told Chinese news agency Xinhua that commercial production would start after completing trial production for a week. A ceremony was held at the project sitein southwestern Nawalparasi district on Friday . Once in full operation, the Nepal-China joint venture will be largest cement factory to date in Nepal, with production capacity of 6000tpd. China's H... |
Nepal heads towards self-sufficiency in cement production06 March 2018, Published under Cement NewsNepal is seeing growing demand for cement in the country, as post-earthquake reconstruction work and construction of public and private infrastructure projects have started gathering pace. Jagadamba Cement, which has a production unit in Lumbini Corridor, is setting up another production plant in the eastern part of Bhairahawa. The new plant, according to the company, will produce 1500tpd of cement. "We are expanding the production capacity considering the growing demand for cement,” s... |
Palpa Cement orders Gebr Pfeiffer vertical mill26 February 2018, Published under Cement NewsPalpa Cement Industries Pvt Ltd in Nepal has ordered a MVR vertical mill from Germany-based mill specialist Gebr Pfeiffer for its plant in Sunwal, Nawalparasi district. The MVR 3350 C-4 mill has a drive power of 2150kW is designed to grind 130tph of cement at 3000 Blaine and 100tph of blastfurnace cement at 3800 Blaine. The order is the fourth vertical mill supplied by Gebr Pfeiffer in Nepal in the last year. Commissioning of the mill is planned for mid-2019. |
Illegally imported cement seized by Nepal police02 February 2018, Published under Cement NewsCement illegally imported from India into Nepal, has been taken into police possession. During the transportation of the material to the District Police Office (DPO), local authorities were obstructed by protests from traders. Officers fired their weapons into the air to bring the situation under control, according to a report by The Himalayan Times. A total of 33 sacks of cement were seized by the police, claims Ram Kumar Dani, Deputy Superintendent of Police at the Rautahat DPO. The tra... |
Cement producers change clinker import route30 January 2018, Published under Cement NewsCement plants in the Bara-Parsa Industrial Corridor, Nepal, have started importing clinker from Narayanpur railway station in India after residents in Raxaul barred the transport of clinker citing increased pollution and health hazards. Narayani Cement and Shalimar Cement are bringing in clinker from Narayanpur railway station, some 150km from Raxaul. The cement plants said the consignments have already arrived at the station and are being prepared for transport to Birgunj. Since impo... |
Dangote Cement25 January 2018, Published under Cement NewsDangote Cement has been technically disqualified from applying for three limestone mine licences in an open bidding process, according to Nepal’s Department of Mines and Geology. The mines in question are located in Dhading, in Nepal’s Central Development Region, and Palpa, in the country’s Western Development Region. The Investment Board Nepal approved the application back in 2013 before passing it to the mining department. However, Dangote’s proposal reportedly lacked essential document... |
Power disruption to lead to demise of Araniko Cement25 January 2018, Published under Cement NewsNepal’s Araniko Cement Industry has faced disruption of its power supply in the past seven months and the company is now reported to be on the verge of collapse unless urgent action is taken to restore its power supply, reports New Business Age. Torrential rains and floods in August have destroyed power infrastructure in the area of Jitpur, Bara, where the cement plant is located. Nepal Electricity Authority has not been able to supply power to the industry as the local population has obst... |