India’s petcoke ban to benefit Pakistani cement industry
The recent ban on the use of petcoke in India’s National Capital Region (NCR) is expected to have beneficial impact on Pakistan’s cement industry.
India
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Jammu & Kashmir government plans co-processing of plastic waste
In India, the Jammu and Kashmir government is considering the use of polythene and plastic material waste, which accounts for around 20 per cent of waste collection, to fire cem...
How has Binani Cement ended up facing insolvency?
The interest in the insolvency-stricken Binani Cement has been mounting since the summer and large investors are now lining up to bid for the portfolio of cement plants in India...
Pakistan sees 31% YoY rise in exports in October 2017
The export revenue of the cement industry in Pakistan fell 18.57 per cent YoY throughout the July-October 2017 period, to PKR9.05bn (US$85.97m) from PKR11.12bn. The volume of ce...
Sanghi Industries sees fall in fuel cost
Sanghi Industries Ltd has seen a fall in fuel and power cost in the September quarter, contradicting the trend of rising fuel prices across India.
Petcoke ban drives India's North American coal imports to new heights
Fears that the Indian government may extend the current ban on petcoke use in the New Delhi Capital Region to the entire country has led to a surge in coal imports from North Am...
Binani Cement sale attracts multinationals and local producer interest
Binani Cement has attracted interest of as many as 15 bidders, say senior officials at the comapny, including CRH, Lafarge and Heidelberg Cement as well as local players India C...
Indian cement companies expected to raise prices
Indian cement companies are expected to raise cement prices in reaction to the recent ban on petcoke and furnace oil, which came into effect in Uttar Pradesh, Haryana and Rajast...
South India cement prices fall INR16 per bag
Cement prices in South India have fallen for the second consecutive month, according to The Hindu. The price dropped by INR16 (US$0.24) per bag in October and is currently aroun...
Prism Cement sees rise in 2Q17 EBITDA
Prism Cement has posted a 50.4 per cent YoY rise in EBITDA for the 2Q17 period ended 30 September 2017 to INR376m (US$5.78m). The resulting EBITDA margin for the second quarter ...