Cement News tagged under: coal
Oracle signs MoU with Thatta for coal supply, Pakistan12 November 2012, Published under Cement NewsOracle Coalfields PLC, the UK coal developer of a lignite mineral property located in the southeastern desert of the Sindh Province, Pakistan, signed a Memorandum of Understanding (MoU) with Thatta Cement Company Ltd for the proposed supply of coal from the mine that Oracle is developing in Block VI of the Thar Coalfield. The MoU, which is between Oracle’s 80 per cent-owned subsidiary Sindh Carbon Energy Limited and Thatta, will see Oracle supply dried coal to Thatta’s cement works. The rep... |
Muger Cement Enterprise plans coal conversion project, Ethiopia10 October 2012, Published under Cement NewsEthiopia’s Muger Cement Enterprises is considering proposals from two Chinese suppliers to award a turnkey project for converting the current Heavy Fuel Oil (HFO) clinker burning system to coal fired system. Declining to disclose the names of the companies, Mekonnen Zergaw, CEO of the Enterprise told Fortune that five companies had participated in the bid, of which one has been disqualified at the beginning while two companies did not pass the technical evaluation. The government instructe... |
BAML sees 4Q2012 crude prices strengthen01 October 2012, Published under Cement NewsA tightening market for oil sees upward pressure on prices while gas is expected to remain range-bound. The thermal coal glut is expected to need some time to improve, leaving prices at a low. Oil Although indications are for a weak recovery in the global economy, the emerging markets lead the way in improving momentum, creating demand for real assets such as oil. Meanwhile, spare productive capacity in the oil market remains low, making for a tight supply side. Outages in the Nort... |
New order for Gebr Pfeiffer in Malaysia07 September 2012, Published under Cement NewsGebr Pfeiffer SE has been awarded the contract by KHD to supply the vertical roller mills for grinding cement raw material and coal for Straits Cement new 5000tpd plant in Malaysia. The Gebr Pfeiffer MPS 4750 B raw mill is to have a design capacity of 300tph of cement raw material ground to a product fineness of 12 % R90µm. The coal mill of the type MPS 2800 BK will be capable of grinding 35tph of coal. Straits Cement is a subsidiary of Malaysian YTL Group. |
Vinacomin to sell coal to Vicem affiliate, Vietnam31 August 2012, Published under Cement NewsState-owned miner Vinacomin will sell 130,000t of coal to VICEM Materials Transport Cement Joint Stock Company, an affiliate of Vietnam Cement Industry Corporation (Vicem). The figure will include 55,000t of 3CHG coal dust, 45,000t of 4aHG, 15,000 tons of 4bHG and 15,000t of 5aHG. This is a part in a purchasing contract between Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin), the country’s biggest miner, and state-owed Vicem. Vinacomin is expected to deliv... |
ACC sees Indian demand rising 10 per cent YoY, India16 August 2012, Published under Cement NewsIndian cement major ACC has said cement demand may grow at a healthy rate of 10 per cent in 2012 but subdued capacity utilisation and higher raw material costs will keep prices under pressure. "The demand for cement is expected to grow at 10 per cent over 2011. A lower utilisation rate coupled with increase in cost of raw materials and increasing logistics costs are likely to keep overall prices under pressure in all regions," it said in its annual report. "Pressure on costs will continu... |
Malabar Cements seeks thermal coal supply, India14 August 2012, Published under Cement NewsMalabar Cements Ltd. is seeking to buy 12,000t of thermal coal, according to a document on its website.The state-owned cement maker based in Kerala is seeking coal with 5,500kcal/kg on an air-dried basis, 12 per cent maximum total moisture, 23 per cent maximum ash and one per cent maximum sulphur to be delivered at the port of Cochin, according to the tender document. Bids will be opened on September 5, Bloomberg reports |
HeidelbergCement: July '1203 August 2012, Published under Cement NewsThe Bosnian HeidelbergCement subsidiary Tvornica Cementa Kakanj is expecting a volume reduction of between 10-14 per cent this year. This would take consumption down to 40 per cent below the level seen in 2008. Domestic deliveries are expected to be some 15 per cent down on last year. Around 12 per cent of production is now exported, mainly to Croatia. HeidelbergCement's 1H turnover rose by 9.8 per cent to €6580.4m, while the EBITDA only advanced by 0.8 per cent to €911.6m as energy cos... |
Indian cement sector turns to US high-sulphur coal07 May 2012, Published under Cement NewsShree Cement and Ultratech have taken one cargo of US high-sulphur coal, with others set to follow suit, as the Indian cement sector seeks a cheaper alternative to the increasingly scarce petcoke. India's coal imports are set to grow rapidly to over 100Mt of thermal coal this year, most of it from Indonesia and South Africa destined for power generators. The cement sector is a smaller but significant consumer of imports. Some Indian end-users are likely to turn to the very high-sulphur Ill... |