Cement News tagged under: coal

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Indian cement companies amongst bidders for coal blocks

10 September 2019, Published under Cement News

India’s UltraTech Cement, ACC Cement and Reliance Cement are amongst the prospective bidders for the auction of 27 coal blocks. To attract investors, the government has allowed the sale of up to half the output to Coal India at a notified price, while a further 25 per cent can be sold in the open market. However, block operators have to consume at least 25 per cent of their produce in their own plant, according to The Economic Times. The Coal Ministry has also increased the time limit for...

CMA hold meeting with Singareni Collieries Co Ltd

15 August 2019, Published under Cement News

India's Cement Manufacturers Association (CMA) has held a constructive interaction with Singareni Collieries Co Ltd (SCCL). The meeting organised by the CMA with the senior officials of SCCL in Hyderabad saw a commitment on both sides to work towards improving offtake of coal by the cement industry. CMA felt extremely reassured by the positive response received from Dr J Allwyn, executive director (Coal Movement), SCCL and N V Rajasekhar Rao, deputy general manager (Marketing), SCCL. The s...

Keystone Cement to switch to natural gas

22 July 2019, Published under Cement News

USA-based Keystone Cement has announced that its application for a US$320,950 state grant to extend a natural gas line to its plant in East Allen Township, Pennsylvania, has been approved. The company is looking to phase out coal in favour of natural gas as its primary fuel source, according to The Express Times. "The gas line will fuel the Portland cement rotary dry-process kiln and the preheater tower manufacturing equipment," stated the Pennsylvania Department of Community and Economic D...

Kawasaki to capture CO2 in Wyoming

19 July 2019, Published under Cement News

The Wyoming Infrastructure Authority (WIA) and the Japan Coal Energy Center have signed an MoU to research solid sorbent capture technology with the twin-goals of reducing emissions and producing cement with inputs from the coal sector. The research will take CO 2 captured from coal-burning power plants and mix it with calcium-containing coal ash and industrial waste to make calcium carbonate (CaCO 3 ) to be used in cement production and ultimately concrete. The agreement will see Kawas...

Demand for coal from India's cement sector rises in FY18-19

27 June 2019, Published under Cement News

India’s coal demand increased 9.1 per cent YoY to 991.35Mta during the fiscal year ended March 2019, according to the country’s Coal Minister, Pralhad Joshi. However, India’s supply shortfall more than doubled to 23.35Mt. This has been attributed to Coal India’s inability to meet demand from the cement and sponge iron industries. Demand from the cement sector surged 70 per cent to 37.22Mt in the FY18-19. In the FY18-19 coal imports rose 12.9 per cent YoY to 235.24Mt from 208.27Mt. Mr J...

Are lower coal prices what the cement industry needs?

29 April 2019, Published under Cement News

This week ICR takes a look at the downward trend in coal prices and discusses whether cement producers will benefit from the drop in prices or whether the cement sector should be looking more at sustainable long-term fuel options. Coal prices cool Morgan Stanley reports that April's data of Newcastle and Atlantic Basin prices has seen thermal coal retreat by 23-30 per cent YoY, as evidenced by the key contract between global mining company Glencore and Japan's Tohoku Electric Power, end...

Are lower coal prices what the cement industry needs?

26 April 2019, Published under Cement News

This week ICR takes a look at the downward trend in coal prices and discusses whether cement producers will benefit from the drop in prices or whether the cement sector should be looking more at sustainable long-term fuel options. Coal prices cool Morgan Stanley reports that April's data of Newcastle and Atlantic Basin prices has seen thermal coal retreat by 23-30 per cent YoY, as evidenced by the key contract between global mining company Glencore and Japan's Tohoku Electric Power, end...

Pakistan cement industry facing challenges

28 February 2019, Published under Cement News

A number of Pakistan cement companies have shown poor financial performance in 1HFY19, due to a combination of factors, including dwindling local demands and the rising cost of production. According to local media, the government has not only slashed Public Sector Development Programme (PSDP) spending, but private sector commercial and housing construction spending has also cooled, leading to lower cement sales, particularly in the northern zone. For northern players that export to Afghan...

Payra Port Authority reschedules pre-bid meeting for coal/bulk terminal

28 February 2019, Published under Cement News

Payra Port Authority (PPA), under the Bangladesh Ministry of Shipping has issued a  notice to reschedule a pre-bid meeting for development of a coal/bulk terminal at Payra Port ,Kalapara, Patuakhali, in southern Bangladesh. The pre-bid meeting will now be held on 12 March 2019, says the port authority. The port authority earlier announced it was seeking the expertise of international experts or consortium to participate in proposed project. The successful bidders/consortium will design, bu...

Payra Port Authority plans coal/bulk terminal

14 February 2019, Published under Cement News

Payra Port Authority (PPA), under the Ministry of Shipping, Government of Bangladesh, intends to develop a coal/bulk terminal at Payra Port, Kalapara, Patuakhali, Bangladesh, via a public-private partnership (PPP).   The port authority announced it was seeking the expertise of international experts or consortium to participate in proposed project. The successful bidders/consortium will design, build, finance, operate and maintain the coal/bulk terminal and subsequently transfer the termina...