Cement News tagged under: Sri Lanka
Contractor wins LKR1m worth of Insee Sanstha cement10 January 2018, Published under Cement NewsThe grand prize of the ‘Athek Barata Cementhi’ campaign by Insee Cement has been won by a contractor based in Meerigama, Sri Lanka. Chandika Rajapakshahas has received the prize of LKR1m (US$6,501) worth of Insee Sanstha cement in a competition designed to reward loyal customers, reports the Daily Mirror. Alongside this, 45 other winners received LKR50,000 worth of Insee Sanstha cement in a daily draw. "INSEE Sanstha is blended cement with a long-standing legacy. One in every three houses ... |
Rise in cement consumption prompts expansion plans in Sri Lanka05 January 2018, Published under Cement NewsCement consumption in Sri Lanka increased by 25.3 per cent YoY in 2016, to 7.99Mt from 6.37Mt. While local cement production also rose by 17.8 per cent to 2.69Mt from 2.28Mt in 2015, imports increased 29.5 per cent to 5.29Mt from 4.09Mt in 2015. This growth in consumption has prompted an expansion plan by Tokyo Cement Company Lanka Plc. In 2017 the company invested over LKR7.3bn (US$47.6m) to increase domestic production by 1Mt. Although no time frame has been announced, the company is al... |
Insee Cement launches competition23 November 2017, Published under Cement NewsInsee Cement has launched a competition for customers who buy Sanstha Cement. The ‘Jumbo’s weight of cement’ competition offers the chance to win LKR50,000 (US$325) worth of Sanstha Cement in a daily draw. The grand prize is an ‘elephant’s weight of cement’, worth LKR1m according to the Daily Mirror. The daily draw will be open for 45 days. "People from lower and middle income families of the individual house builders segment of the consumer segment often find it financially difficult to e... |
Insee Cement wins two green awards16 November 2017, Published under Cement NewsInsee Cement (Siam City Cement group) secured two prizes for fostering green production processes and a culture of environmental sustainability, at the Presidential Environmental Awards 2017. Insee Cement’s Ecocycle received a Bronze award in the solid waste management category and the Puttalam cement plant also was awarded the Bronze in the Chemical Industry Sector. Siam City Cement (Lanka) Ltd CEO, Nandana Ekanayake, said: "We are delighted that Insee has been recognised by the Centra... |
Tokyo Cement makes settlement over brand name24 October 2017, Published under Cement NewsTokyo Cement Company (Lanka) PLC agreed to a settlement over a suit filed against Ruhunu Lanka Cement (Pvt) Ltd in the Commercial High Court of the Western province, Sri Lanka. Tokyo Cement alleged infringement with regard to the similar trade names of the brands that the two companies distributed under. The plaintiff’s company, Tokyo Cement, distributes under various brands including Tokyo Super, Mitsui and Nippon. The company stated that it was in joint venture with Japan’s Mitsui Mining... |
INSEE lay foundation stone for Galle grinding station29 September 2017, Published under Cement NewsThe foundation stone has een laid for INSEE Cement's new vertical mill that will be the main part of the company's US$14m grinding plant in the port of Galle, Sri Lanka. INSEE Cement CEO, Nandana Ekanayake, said: "The new plant will be the first vertical cement grinding plant in the southern province and also for the company. It is the company’s first big investment since the acquisition in Sri Lanka by Siam City Cement Public Company. This is another milestone in our ambitious mission to... |
Loesche receives compact grinding plant order from Siam City Ltd (Lanka)28 September 2017, Published under Cement NewsLoesche is supplying a Compact Cement Grinding (CCG) plant for Siam City Cement Ltd (Lanka) which will be used in the Galle harbour area on the southern tip of Sri Lanka, as part of an expansion of the Ruhunu cement plant. A wide variety of cement types can be produced with the 0.5Mta CCG plant, which consists of a vertical roller mill. With this mill, clinker and granulated blast furnace slag are ground into Portland limestone cement and Portland slag cement with a throughput of up to 60t... |
INSEE Cement opens its first executive leadership programme21 July 2017, Published under Cement NewsInsee Cement in Sri Lanka recently joined up with the country's Postgraduate Institute of Management (PIM), to launch its first Executive Leadership Development Programme (ELDP). The inauguration was held at the PIM education buildings, attended by the CEO and Directors of Insee Cement and PIM, faculty members of PIM and the selected participants of Insee Academy’s ELDP. The objective of the ELDP programme is to transform Insee Cement’s functional leaders into business leaders. This mean... |
Ube Industries increases stake in Tokyo Cement28 June 2017, Published under Cement NewsJapan-based Ube Industries' Singapore subsidiary Ube Singapore Holdings has acquired a further 10.62m shares in Sri Lanka-based Tokyo Cement Company Lanka Plc, for LKR764.6m (US$5m), a stock exchange filling said. As at 31 March 2017, Ube Singapore Holdings held a share of over two per cent (4.4m shares) in Tokyo Cement. With this new acquisition its shareholding has increased to over 10 per cent. |
Vietnam April exports up 6.7%19 May 2017, Published under Cement NewsVietnam exported more than 1.9Mt of cement and clinker, reflecting an export value of US$67.4m, according to the country’s Customs Department. This represents a YoY increase of 6.7 and 7.6 per cent, respectively. In the first four months of the year, the country exported 6.7Mt of cement and clinker, up 12.8 per cent YoY. In terms of value a 7.9 per cent rise to US$235m was reported. Bangladesh and the Philippines were the largest importers, accounting for 37 and 32 per cent, respectively o... |