Cement News tagged under: india
India Cements approves scheme of amalgamation26 February 2014, Published under Cement NewsIndia Cement has informed the Bombay Stock Exchange that its board of directors has approved a scheme of amalgamation of its subsidiaries Trinetra Cement (TCL) and Trishul Concrete Products Ltd (TCPL), effective 1 January 2014, subject to approval from the relevant authorities. |
Pakistan export volumes and revenues fall in 7MFY1425 February 2014, Published under Cement NewsPakistan’s export volumes fell 7.5 per cent YoY in the first seven months of the current Pakistan fiscal, while revenues were also down 13 per cent over the same period. During the July 2013-January 2014 period, the country exported 4.85Mt of cement on revenues of US$295.52m compared to 5,243Mt at US$340.57m in the comparative period of the year before. The average export price of cement fell by 6.18 per cent to US$60.93/t from US$64.94/t in the seven month period of the previous fiscal, ... |
India: UltraTech in talks to acquire further Jaypee assets – report21 February 2014, Published under Cement NewsUltraTech Cement is in preliminary talks to acquire the Jaypee Group’s cement assets in Solan, Himachal Pradesh state, according to local media citing two sources familiar with the situation. The assets include an integrated cement plant and a grinding and blending unit. Two European companies were also reported to be in the race to but talks have have failed, one of the two people, a senior executive at one of the companies, said. In September 2013, UltraTech acquired Jaypee’s cement as... |
India: Himachal Pradesh state revokes Jaiprakash MoU20 February 2014, Published under Cement NewsThe state cabinet of Himachal Pradesh (HP) has revoked the cement license granted to Jaiprakash Associates for a 2Mta cement plant for failing to get construction of the project off the ground, according to local press reports. The project was allotted to Jaiprakash in 2006. A memorandum of understanding (MoU) was signed on 1 February 2007 between the cement producer and Virbahadra Singh, the (then) chief minister of the state to establish the plant in Chamba district. Jaiprakash has si... |
Pakistan association calls for intervention on BIS renewals17 February 2014, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) chairman Mohammad Ali Tabba has urged the Indian high commissioner to intervene regarding the renewal of Bureau of Indian Standards (BIS) licences which he claims is impeding cement exports from Pakistan to India. In a letter to the high commissioner, Mr Tabba said APCMA members have been experiencing delays in the renewal /certification process for more than two years now due to security concerns by the BIS. BIS certification, ... |
ACC inaugurates blended cement facility, India11 February 2014, Published under Cement NewsACC has inaugurated a blended cement plant at Padubidri in Udupi district in the Karnataka state of India. The unit will use fly ash from Udupi Power Corporation’s thermal power plant in Udupi, PN Iyer, chief executive (South) of ACC Ltd, told those in attendance. Clinker from ACC’s plant at Wadi in Gulbarga district will be used for the production of blended cement. The new facility has a capacity of 30,000t per month and will cater for the cement requirements in coastal Karnataka and Ke... |
Dungsam Cement eyes northeast Indian markets11 February 2014, Published under Cement NewsBhutan-based cement producer Dungsam Cement is looking to market its cement in northeastern India. A wholly-owned subsidiary of the government’s Druk Holdings & Investments, Dungsam Cement operates a 1.36Mta cement works in Nganglam, southeast Bhutan, and close to India. Dorji Norbu, managing director of Dungsam Cement, told the Economic Times that given the relatively small size of the Bhutanese market, the company plans to export 70-80 per of its cement to India. The necessary licens... |
Southern Indian producers start shipments to Myanmar06 February 2014, Published under Cement NewsCement producers in southern India have begun exporting to Myanmar in a bid to boost utilisation rates as regional domestic demand remains subdued. According to reports by The Times of India, Chettinad Cements, India Cements, Dalmia Cements and Ramco Cement have started shipments to Myanmar in the past few months. Dalmia Cements began exporting cement last month with volumes amounting to 10,000-12,000t. Ramco Cements, meanwhile, has shipped around 40,000t cement from Karaikal Port, whic... |
India: Zuari Cement picks up 'Outstanding Company in Cement' award05 February 2014, Published under Cement NewsZuari Cement announced it won the "Outstanding Company in Cement Sector" Award as part of the Fourth EPC World Awards 2013. In a release, the company said it is a recognition for excellence. Now in its fourth year, the EPC World Awards is the foremost in its category that acknowledges the achievements of the companies and individuals from infrastructure, construction and real estate sectors. Zuari Cement (Italcementi Group) has a total cement manufacturing capacity of 6.2Mta in India, whi... |
South Indian cement makers start exports to Myanmar03 February 2014, Published under Cement NewsIt has been locally reported that Chettinad Cements, The India Cements, Dalmia Cements and Ramco Cements have started shipping cement to Myanmar in the past few months. Depressed market conditions for the second year running have forced cement makers in south India to look at different export markets. "We started shipments to Myanmar last month of about 10,000 to 12,000t. It is not very remunerative, but when the chips are down, we have to do something to stay afloat," said Vipin Agar... |