Cement News tagged under: coal
Pakistan: good news for coal industry12 September 2016, Published under Cement NewsThe Pakistan International Bulk Terminal, which is currently under construction at Port Qasim, is expected to commence operation by the end of the year. The terminal will have the capacity to handle 12Mta of coal imports and 4Mta of cement and clinker exports. The project cost is estimated at US$225m and is funded by a local company in partnership with the World Bank and International Finance Corporation. Meanwhile, coal importers from the private sector have sought government permission ... |
Sumitomo Osaka 1.4Mt coal consumption in 201502 September 2016, Published under Cement NewsJapanese cement manufacturer Sumitomo Osaka Cement reported that it had consumed 1.41Mt of coal for the fiscal year 2015 (year end 31 March 2016). This figure is a 2.7 per cent YoY decrease from the fiscal year 2014, when consumption reached 1.44Mt. Petcoke consumption for the same period was 0.1Mt, up 19 per cent from 0.08Mt from fiscal year 2014. |
UltraTech Cement24 August 2016, Published under Cement NewsUltraTech’s plans to construct a new 1.5Mta plant in Bokaro, Jharkhand, have received the backing of the district authorities, according to local press reports. Bokaro is also home to two steel factories, which have reportedly responded positively to the possibility of a local cement works. Meanwhile, the company has secured 129,000t of coal from Gevra Road mines in Maharashtra and 138,200t from New Kusmunda mines in Chhattisgarh. With both locations landlocked, UltraTech has helped miti... |
Philippines: Republic Cement confident despite environmental crackdown17 August 2016, Published under Cement NewsRepublic Cement has vowed to continue with its expansion plans and has said that it is "ready" to face an environmental audit from the Filipino government, ABS-CBN News reports. The Department of Environment and Natural Resources has recently handed out suspensions to 10 mining companies over safety violations and has challenged the country’s largest coal mining firm, Semirara, to make the case for allowing its operations to continue. Republic’s president, Rentao Sunico, said he was co... |
Nigeria: Dangote Cement to switch to using coal09 August 2016, Published under Cement NewsDangote Cement has announced plans to begin its own coal mining operations as it switches away from gas as a means for powering its plants. The company will begin producing coal at the Ankpa mines in Kogi State from 4Q16. Previously, Dangote had used natural gas as a fuel for its plants, but interruptions to supply and the revaluation of the naira have caused the company to seek alternatives. Group CEO Onne van der Weijde stated: "We decided two to three years ago to diversify and re-r... |
Myanmar: protestors vow to continue fight against MCL09 August 2016, Published under Cement NewsLocal protestors in Kyaikmaraw in southeast Myanmar have reacted angrily to the publication of a report into the building a new coal-fired cement plant, Burma News International reports. The report, which follows a consultation on the building of the plant, was seen as being biased towards the Mawlamyine Cement project. The US$400m plant, which is being built as a joint venture between SCG and Pacific Link Cement, is to come online in mid-2016 and will have a capacity of around 1.6Mta.... |
India: UltraTech purchases more coal linkages27 July 2016, Published under Cement NewsUltraTech Cement has won an auction for 95,000t of coal from Junadhi Mines in Chhattisgarh. The rights to use the coal are being sold off as part of a wider exercise within the Indian coal industry. UltraTech will pay INR1050/t (US$15.60/t) for the coal. |
India: Shree Cement wins bid for 80,000t of coal19 July 2016, Published under Cement NewsShree Cement has announced that it has won a bid to be supplied with 80,000tpa of coal from state-owned firm South Eastern Coalfields Ltd (SECL), reports the Economic Times. The deal will see Shree pay INR970/t (US$14.45/t) for the grade 11 coal – in line with the prevailing prices charged by SECL. Earlier this month, UltraTech agreed a deal to pay over INR1500/t for coal to supply cement plants in Maharashtra. That today’s deal is lower-priced reflects the lower energy density of the ... |
India: UltraTech wins two coal mines in auction08 July 2016, Published under Cement NewsUltraTech Cement, one of the largest cement manufacturers in India, has secured two coal linkages for its cement plants in Maharashtra. The company had participated in the auction of coal linkages for cement sector and won Penganga OC mines and Mana Incline mine in the State. The company has won the Penganga OC mine for a basic floor price of INR1510/t (US$22.4/t) and a premium of INR20/t (US$0.29/t). The bid price for the Mana Incline mine was at a basic floor price of INR2060/t. Fu... |
India: Prism Cement secures fuel supplies30 June 2016, Published under Cement NewsAfter a successful bid, Prism Cement Ltd is set to receive 120,000tpa of coal from South Eastern Coalfields (SEC), a subsidiary of Coal India Ltd (CIL). In a filing to the BSE on 29 June 2016, Prism Cement said, “The company has successfully bid for 120,000 tonnes per annum of coal from South Eastern Coalfields Limited (a subsidiary of Coal India Limited) in a recently held auction of coal linkages for the cement industry… The company has secured part fuel requirement for the next 5 years... |