Cement News tagged under: Nepal
Hetauda Cement faces limestone shortage24 January 2018, Published under Cement NewsHetauda Cement Factory is facing a shortage of limestone due to local protestors preventing the extraction of the material from its mine in Majuwa, Nepal. The company’s new mining contractor, Om Sai Construction, has not been able to deliver 150,000t of limestone four months after receiving the order, according to The Kathmandu Post. The company requires 1000t of limestone daily in order to operate, without it the factory could soon stop production. "Although the contract process has al... |
Nepal cement manufacturers ordered to decrease prices23 January 2018, Published under Cement NewsThe government of Nepal has directed cement companies to decrease the price of cement within three days, reports myRepública. This follows a price hike of 10-16 per cent in some regions, while factory input cost has only increased 7-9 per cent. "This is the case of the artificial price hike. That is why we have asked cement manufacturers to roll back the price hike decision within three days," said Laxman Shrestha, director, Department of Supply Management and Protection of Consumers Inter... |
Cement prices rise in Nepal12 January 2018, Published under Cement NewsThe price of cement in Hetauda, Bhairahawa and Biratnagar has risen by up to NPR160 (US$1.56)/bag, according to The Kathmandu Post. Cement producers claim this to be the result of the higher cost of raw materials such as clinker, gypsum and fly ash. However, some consumers have alleged that the price hike is artificial and cartelisation is to blame. "Manufacturers collude with each other to hike prices while consumers regard recent price increases as a black market. We demand that this pr... |
LafargeHolcim03 January 2018, Published under Cement NewsThe 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing in a US$140Mta cement works that it is building in Nepal. Lafarge Malaysia’s turnover came down by some 13 per cent to US$409.5m in the first nine months of 2017, while a net loss of US$33.1m was incurred, compared with a US$10.5m profit for the same period last year. The company lost money in each of the quarters of this year and a return to profit is not expected until the middle of next year. LafargeHolcim A... |
Dangote Cement Nepal is denied mining licence02 January 2018, Published under Cement NewsDangote Cement Nepal Pvt Ltd has lost its attempt to win an open bid for a mining licence in Nepal. It has been technically disqualified for the detailed exploration of three limestone mines, after its proposal lacked details about the experienced hands needed for such work. However, Dangote group General Manager, Hikmat Thapa, said: “We are saddened by news that we are disqualified technically.” The Investment Board Nepal (IBN) had approved the investment in 2013 following an assessment... |
Nepal clinker and cement raw materials shortage continues02 January 2018, Published under Cement NewsImports of clinker to Nepal along the Parsa-Bara corridor from Raxaul, an Indian town located on Nepal-India border, have ceased since 22 December, after locals complained about air pollution and health hazards due to transportation of the crucial raw material used in production of cement. As an alternative, the Birgunj dry port had allowed traders to import clinker and other raw materials used in production of cement, but the government has since prevented this operation after locals of B... |
Cement prices in Nepal rise sharply due to clinker shortages29 December 2017, Published under Cement NewsThe tightening supply of cement amid a backdrop of increased demand has resulted in a sharp rise in cement prices in Nepal, with both cement manufacturers and retailers increasing prices in recent weeks. Cement prices in Chabahil, Kalopul, Gausala and Maitidevi have increased by NPR100 (US$0.97) per sack over the past week, according to a survey by The Himalayan Times. The price of a sack of Ordinary Portland Cement (OPC) rose by NPR100 per sack to NPR950 per sack. Meanwhile, a sack of Po... |
Huaxin to set up Nepal cement plant28 December 2017, Published under Cement NewsHuaxin Cement (China) has signed an investment agreement with the Investment Board Nepal (IBN) to invest US$140m to establish a 1Mta cement plant in the country, according to a report in the Himalayan Times. The agreement was signed by Maha Prasad Adhikari, CEO of IBN, and Liu Jianguo, overseas development director of Huaxin Cement. The IBN board, which is chaired by the prime minister, will now need to approve the agreement for the investment to be realised. The cement manufacturer has... |
Raxaul residents challenge clinker exports to Nepal20 December 2017, Published under Cement NewsIndian clinker exports to Nepal are facing a challenge from the residents of the border town of Raxaul. They have threatened to prevent Nepal-bound cargo trucks from passing through the customs point from 25 December unless the authorities find a solution to reduce the pollution caused by the transport of clinker. Most of the Nepali cement factories located in the Bara-Parsa industrial corridor, near Birgunj customs point, import 80-85 per cent of their clinker requirement from India. Cli... |
Hongshi Shivam Pvt Ltd employs local Nepalis for plant development19 December 2017, Published under Cement NewsThe development of the Hongshi Shivam Cement Pvt Ltd plant in Nepal has provided employment to more than 1000 Nepalis directly or indirectly, according to My Republica. The plant workers earn a minimum of NPR20,000 (US$194) per month and the company has spent NPR128m on the salary of local workers so far. A portion of the employees are currently building a resettlement site for 26 families displaced by the project’s mine. "This project will uplift socio-economic condition of locals of... |