Cement News tagged under: indian sub-continent

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UltraTech Cement targets 100% renewables for electricity by 2050

24 September 2021, Published under Cement News

UltraTech Cement Ltd has announced its commitment to Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of this commitment, UltraTech targets to meet 100 per cent of its electricity requirement through renewables sources by 2050.   RE100, led by Climate Group in partnership with CDP, brings together the world’s most influential businesses committed to 100 per cent renewable electricity. UltraTech has set a 100 per cent renewable electricity target for its entire global o...

Pakistan is entering a new cement capacity expansion phase

17 September 2021, Published under Cement News

In a cement conference, conducted by AKD Securities Ltd CEO, Muhammad Farid Alam, on 15 September 2021, Pakistan's cement industry producers confirmed that the country has entered another expansion phase. The total installed capacity of the cement industry in Pakistan is currently at 69Mta, and a further 18Mta of capacity is in the pipeline. This will take total production capacity to 87Mta by FY24. Atif Kaludi, CFO of Lucky Cement Ltd, Muhammad Rehan, CFO at Attock Cement Pakistan Ltd, S...

The increasing trend in coal prices may hit Pakistan’s cement industry

17 September 2021, Published under Cement News

Pakistan’s top cement manufacturers termed the growing trend in coal prices detrimental to the county's cement industry. Its negative impact may dent the cement companies' profitability in the second quarter of this year if remedial measures such as an increase in prices of cement bags and relief in other inputs costs are not allowed or eased immediately.    The coal prices are hovering around US$170/t this month compared to US$75/t in July last year, reflecting a surge of 127 per cent ...

Cherat Cement Co kicks off Line 4 greenfield project

15 September 2021, Published under Cement News

Cherat Cement Co Ltd (CHCC), during a financial briefing on 13 September 2021 updated about its planned Line 4 greenfield expansion of 10-11,000tpd at DI Khan, Khyber Pakhtunkhwa province in Pakistan. The completion of the project is expected in three years. The expansion represents an investment of PKR34bn (US$202.1m). The financing structure includes 70 per cent of the total cost will be debt component and the remainder will be equity. The company has obtained PKR5bn for this cap...

Udaipur Cement Works starts clinker expansion project

15 September 2021, Published under Cement News

Udaipur Cement Works Ltd (UCWL) has started project activity for a brownfield expansion at its 1.6Mta site in Rajasthan. Due to the increasing domestic demand of cement and in view of government’s push towards infrastructure development, the company decided to double its clinker capacity.   UCWL received the environmental clearance for the project from India's Ministry of Environment Forest and Climate Change (MoEFCC) in January 2021 and since then has placed order for machinery and...

Harvested rainwater accounts for 80% of Udaipur Cement's water requirements

14 September 2021, Published under Cement News

Being an almost two times water-positive company, Udaipur Cement Works Ltd sources about 80 per cent of freshwater requirement from harvested rainwater stored in the mines pit located at a distance of 6km from the cement plant.   The unit pumps water from mine pit through an overhead pipeline along with its overland limestone belt conveyor. The company is a zero-wastewater discharging company and treats its domestic wastewater through existing sewage treatment plant. It uses the treate...

Coal handling capacity to increase at Port Qasim

13 September 2021, Published under Cement News

To coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qasim in Pakistan at a ‘marginal cost’ of up to US$70m over 2-3 years. The increase in demand for imported coal is primarily attributed to economic recovery driven by the relief measures taken by the Government of Pakistan (GOP) to mitigate the effects of COVID-19, which include a favourable package for construction, low...

Thatta Cement Co increases Sindh’s capacity

10 September 2021, Published under Cement News

Thatta Cement Co Ltd has completed its increases in clinker and cement capacities at its plant in Makli, Thatta district, Sindh province, Pakistan. The company shared this update with the Pakistan Stock Exchange Ltd about important material information earlier this week. The company has completed in-house modifications and improvements in the processes of the existing plant. Its technical team has completed the trials and testing process. Due to earlier changes and improvements, the ...

Odisha approves Jajpur cement projects

06 September 2021, Published under Cement News

The state government of Odisha, India, has approved the proposal of My Home Industries Pvt Ltd to set up a 3Mta cement grinding unit at Badchana, Jajpur district. The project represents an investment of INR6.5bn (US$88.9m). Ramco Cements Ltd’s INR1.9bn project to expand its existing facility at Haridaspur, Jajpur district, with a 0.9Mta grinding plant was also cleared by the State Level Single Window Clearance Authority meeting.

JK Cement plans 23Mta expansion by end of 2023

03 September 2021, Published under Cement News

JK Cement intends increase production capacity to about 23Mta in the next two years, from 15Mta now, by expanding its footprints in northern and central India. "We will maintain and grow our market share in the short term. Apart from the ongoing expansion in Panna, and now in Hamirpur, we already have plans for another 4Mt expansion," said Madhav Krishna Singhania, JK Cement’s CEO. "We have visibility of reaching around 23Mta by 2023." The company will be expanding its footprint in ...