Cement News tagged under: india
Madras Cement to construct new grinding unit, India04 July 2013, Published under Cement NewsMadras Cement plans to build a grinding unit in the port city of Visakhapatnam, a port city on the southeast coast of India and the second largest city in the state of Andhra Pradesh. The company already operates two grinding facilities in Tamil Nadu and one in West Bengal. Output from the new milling unit will sold in coastal Andhra Pradesh (with Visakhapatnam being the main market) as well as in the neigbouring states of Orissa and Chhattisgarh. Completion is scheduled for the end of FY14... |
Orient Cement receives environmental clearance for new plant, India04 July 2013, Published under Cement NewsOrient Cement has received environmental clearance for its 3Mta greenfield plant in Chittapur in Gulbarga district, Karnataka, India. The plant is expected to be ready by the end of December 2015 and will increase the company’s capacity to 8Mta. Orient already operates a plant at Devapur in Adilabad district of Andhra Pradesh and a split-grinding unit at Nashirabad, in Jalgaon district of Maharashtra |
CCI approves sale of Lafarge India stake03 July 2013, Published under Cement NewsThe Competition Commission of India (CCI) has cleared the proposed 14 per cent sale of Lafarge India Pvt Ltd to Baring Private Equity Asia. "The combination is not likely to have appreciable adverse effect on competition in India and therefore, the Commission hereby approves the combination under... the (Competition) Act," CCI said in its order dated June 26. In May Baring Private Equity Asia, through its wholly-owned subsidiary Paris Cement Investment Holdings, agreed to acquire a 14.... |
Holcim to restructure Indian operations?03 July 2013, Published under Cement NewsHolcim is reportedly planning to restructure its Indian operations which could see the merger of its two local subsidiaries, ACC and Ambuja Cements. Citing various sources familiar with the situation, the Economic Times of India reported that the Swiss cement major has called on a global investment bank to evaluate various options on how the two operations could be combined. Holcim owns a 50.3 per cent stake in both ACC and Ambuja Cements, the second and third-largest cement producer in I... |
Nepal sees double-digit rise in imports03 July 2013, Published under Cement NewsCement imports to Nepal have increased by 15.5 per cent in the first 10 months of the year, according to data from the Trade and Export Promotion Centre. During the review period, Nepal imported NPR3.34bn compared to NPR2.89m in the same period of last year, despite seven new cement factories being established. According to Aatma Ram Murarka, former president of the Nepal Cement Manufacturers Association, imports rose due to ongoing development projects with foreign investors. "In the ... |
Pakistan export earnings up in 11MFY1302 July 2013, Published under Cement NewsDuring the first 11 months of fiscal FY12-3, Pakistan exported 8.013Mt of cement and earned US$524.68m, up 1.27 per cent and 17.43 per cent, respectively. These latest figures come from Pakistan’s Federal Bureau of Statistics also show that in terms of local currency, the value of exports surged by 27.51 per cent to PKR50.64bn during July 2012-May 2013. Average export prices also rose by 15.95 per cent to US$65.47/t over the 11 months of the current fiscal compared to US$56.46/t in the com... |
Sanghi Industries to invest in logistic improvements, debottlenecking, India01 July 2013, Published under Cement NewsSanghi Industries plans to invest in the upgrading of its logistics and removing bottlenecks at its Kutch plant to drive down debt. Company director Alok Sanghi said the company will invest INR150 crore to acquire ships and setting up new terminals. Meanwhile, INR125 crore will be spent on removing bottlenecks, according to reports by Business Line India. Mr Sanghi added that the company would focus on fuel cost reductions, improved logistics and debt reduction. The company is currently... |
JK Cement aims to double capacity in 5-7 years28 June 2013, Published under Cement NewsJK Cement Ltd is undertaking several expansion projects to cement its position in the domestic as well as international markets. The Kanpur-based Indian company is setting up a 0.6Mta white cement plant at Fujairah in the United Arab Emirates and plans to add 3Mta capacity at its existing facilities in India by September 2014. According to its annual report for 2012-13 (Apr-Mar), JK Cement will also expand wall putty capacity by 0.2Mta at its Gotan plant in Rajasthan by Septembe... |
India: Century Textiles to raise capacity to 12.8Mta by end-FY1427 June 2013, Published under Cement NewsBK Birla-led Century Textiles is ramping up cement capacity to 12.8Mta by end-FY14 even as it described the present over-capacity situation as a major concern for the sector. "The (Manikgarh Unit-II of 2.8Mta capacity) plant is expected to be operational by March 2014. After expansion, the company's total cement manufacturing capacity will stand increased to 12.8Mta," Century Textiles said in its annual report. The company has around 10Mta capacity now at its four existing plant locatio... |
HeidelbergCement India cement capacity boosted by Loesche mill25 June 2013, Published under Cement NewsHeidelbergCement Group's current production capacity in India has been boosted to 6Mta, a major contribution to which was the commissioning of a split-grinding plant at Jhansi in Uttar Pradesh. The Loesche mill type LM 53.3+3 C, which was guaranteed for 215tph, is already operating at 235tph, as demonstrated during the performance test in March 2013. The clinker for the cement grinding plant is supplied by HeidelbergCement's Narsingarh unit situated in the state of Madhya Pradesh. "The o... |