Cement News tagged under: india
2Mta plant planned in Madhya Pradesh, India06 April 2012, Published under Cement NewsAbhijeet Cement, India, is planning an integrated cement plant in district Morena in Madhya Pradesh. The new project, located at Bhilampur, will consist of a 2Mta cement line and a 50MW captive power plant. The project is currently approval from the Ministry of Environment and Forests. |
Jaiprakash March dispatches rise 32%05 April 2012, Published under Cement NewsJaiprakash Associates' cement dispatches in March 2012 has increased by 32% at 2.08Mt, as against 1.57Mt in the same month of 2011. Jaypee's cement business operates under the Jaiprakash Associates arm, which has a cement capacity of 28Mt. Jaiprakash Associates reported a fall of 12% in its net profit of INR205 crore in the third quarter of the current fiscal, mainly on higher interest payments. The company had registered INR233 crore net profit during the October-December quarter of l... |
Indian majors report March gains04 April 2012, Published under Cement NewsThree of India's leading cement producers, UltraTech Cement as well as Holcim interests, ACC and Ambuja Cement, all reported healthy gains in their respective March 2012 figures. UltraTech despatched 4.01Mt cement in March, 6.28% higher from previous year, a company release today said. Cement production during the month rose 4.5% YoY to 3.92Mt. On a monthly basis, despatches and production rose 14% and 13%, respectively. Ambuja Cement sold 2.17Mt of cement in March this year, up 12.4... |
Pakistan eight-month export sales rise in value terms29 March 2012, Published under Cement NewsDuring the first eight months of the current fiscal (July 2011-June 2012), Pakistan cement exports have progressed in terms of value while the markets of Afghanistan, India and Saudi Arabia look promising. The eight month period (July 2011-February 2012) saw Pakistan export 5.855Mt of cement with a value of US$303.127m compared to 5.905Mt at US$290.852m in the corresponding period of last year. This shows that cement export fell slightly by 0.85 per cent in terms of quantity but were up... |
India cement oversupply to persist – BNP28 March 2012, Published under Cement NewsBNP Paribas has said that the oversupply situation in India is likely to persist while cement producers in the southern part of the country are optimistic on the demand outlook. The house says that while cement makers expect nationwide cement demand to grow 7- 8% in FY13, cement demand growth is likely to trend toward 10% levels in the longer run. "Producers hint at resumption of government spending on developmental projects and an increase in housing demand from the private sector," s... |
JK Lakshmi to commission new grinding unit, India26 March 2012, Published under Cement NewsJK Lakshmi will commission a new 500,000tpd clinker grinding unit at Jharli in the next 2-3 days, managing director Vinita Singhania, said. The new plant will help the company lower its transportation costs as it currently caters to this key market from its main plant in Rajasthan. The Delhi-based company spent INR1bn raised through internal accruals and debt over the last 18 months to set up the unit, Mr Singhania said. Production at the facility will gradually be increased to reach... |
Himachal sees capacity reaching over 22Mt by 201523 March 2012, Published under Cement NewsCement and clinker production in Himachal is expected to reach 22.37Mt by 2015 after the north Indian state commissions the 3.75Mt JP Himachal Cement plant, according to Minister Krishan Kapoor told local press. Speaking to local press, Mr Kapoor said ACC had set up two cement plants at Barmana and Bilaspur district with 7.7Mta capacity while an agreement has been signed with JP Cements for the establishment of a second unit at Bagha with a capacity of 3.75Mt in August 2010 and the plant w... |
India Cements to raise capacity in Tamil Nadu22 March 2012, Published under Cement NewsIndia Cements has begun the process to expand capacities at two of its plants in Tamil Nadu, according to reports from the Times of India. The company has applied to the Ministry of Environment and Forests to obtain the Terms of Reference (TOR) to expand capacities at its existing plants in Dalavoi in Ariyalar district and Padaveedu in Salem district. India Cements has seven plants all situated in South India with a total capacity of 15Mta. It recently commissioned a plant in Mahi, Rajast... |
Birla Corp starts trial production at Chanderia, India21 March 2012, Published under Cement NewsBirla Corporation Ltd. has commenced trial production of clinker from its 1.2Mt brownfield capacity expansion project at Chanderia in Rajasthan. The Indian Bureau of Mines has conducted an inspection and undertaken various tests regarding mining activities at Chanderia and a report has since been submitted to the Court. (Economic Research India Pvt. Ltd) |
Lafarge to expand Indian operations21 March 2012, Published under Cement NewsLafarge is expanding its operations in India but says it will do so organically and isn't considering any acquisitions at present, Chairman Bruno Lafont said Tuesday. "We will continue to grow, mostly through internal growth and by expanding our existing cement plants and growing through several greenfield plants," Lafont told reporters on the sidelines of an event. He said the company will continue with its program to increase production capacity in India by 2Mta but no completion da... |