Cement News tagged under: indian sub-continent
Attock Cement's new line to start at end of FY2330 November 2022, Published under Cement NewsThe management of Attock Cement Pakistan Ltd (ACPL) has announced that its new 4000tpd (1.2Mta) line will come online by the end of FY22-23. Top managed disclosed this at an analyst briefing held to discuss the recent financial performance and give an outlook of the company in the future, according to a report of AHL Research. The total expansion cost at Balochistan is estimated to be over PKR15bn (US$66.82m) and will be financed with a combination of debt and equity. Earlier, ACPL ins... |
Ambuja Cements and ACC lead the way on water positivity30 November 2022, Published under Cement NewsAmbuja Cements and ACC are leading the way in water positivity, according to a report in Business Standard. Over the last 20 years both companies have put initiatives in place to not only address water conservation in their production processes but also tackle water scarcity across India. Globally, Ambuja Cements is the only cement producer that has been recognised for its leadership in water security in CDP 2021 with the best ‘A’ score, while both companies have scooped numerous awar... |
Bestway Cement's post expansion capacity will stand at 15.2Mta30 November 2022, Published under Cement NewsThe top management of Bestway Cement Ltd organised a corporate briefing earlier this month to discuss the company's 1QFY22-23 results and outlook. The company's CFO, Muhammad Amir Khan, and Head of Budgeting, Treasury and Reporting, Muhammad Danish Khan, of Bestway Cement Ltd announced that the start of commercial operation of 7200tpd clinker line at the Minawali location is expected in December 2022 and the 7200tpd clinker line in Hattar II will start up in March 2023. The post-expan... |
Bestway Cement receives Pioneer Award29 November 2022, Published under Cement NewsPakistan’s Bestway Cement has been awarded the ‘Carbon Neutralisation Pioneer Award’ by LONGi Green Energy Technology Co Ltd, the largest solar panel manufacturer in the world, in recognition of the cement producer’s commitment to renewable energy. Bestway is the country’s second-largest cement producer with a cement production capacity of 12.9Mta. Not only was it acknowledged for introducing a waste heat recovery (WHR) power plant at all its production facilities, Bestway also installe... |
UltraTech Cement to take excess RDF waste28 November 2022, Published under Cement NewsThe Manali Municipal Council (MC) has sent letters to the Kullu MC along with the Bhuntar and Banjar Nagar Panchayats, asking them not to send garbage to the waste treatment plant at Rangri in Manali, from 1 December, citing the excessive accumulation of waste at the local plant. Further, orders have also been issued to the company operating the plant not to accept rubbish from any other place than Manali. Manali MC Executive Officer (EO), Mr BR Negi, said even nearby panchayats had ... |
Aramit Cement Ltd posts loss in 1QFY2321 November 2022, Published under Cement NewsAramit Cement Ltd of Bangladesh has announced its financial results for three months (July 2022 to September 2022) on 14 November 2022. It posted a net loss of BDT89.5m (US$0.879m) during these three months compared to a loss of BDT66.4m in the corresponding period last year, says Company Secretary Syed Kamruzzaman. The company’s net sales decreased by 83.15 per cent to BDT50.17m from BDT297m, the top line recorded in the same quarter last year. Administrative expenses remained stag... |
Birla White wall care plant starts operations in Nathdwara21 November 2022, Published under Cement NewsUltraTech Cement has commenced the third Birla White wall care putty plant at Nathdwara, Rajasthan, India with a capacity of 4Mta at a total cost of INR1870m (US$22.8m). The existing two plants are situated at Kharia in Rajasthan and Katni in Madhya Pradesh. The company now has a wall care putty capacity of 13Mta, further strengthening its position in the markets. Along with its existing white cement manufacturing capacity in India and its investment in Ras Al Khaimah Co for Whi... |
India’s cement market evolution and path to net zero18 November 2022, Published under Cement NewsWith the Indian cement market changing rapidly, demand is not only soaring, but the applications for which it is used are changing. Findings from a study by Mission Possible Partnership’s Concrete Action for Climate initiative, conducted in collaboration with Boston Consulting Group, highlight that this evolution has substantial implications for the pathway to net zero, and decarbonisation plans must address the country’s present and future use of cement and concrete. By Yvonne Leung, World ... |
Cherat Cement's Line 1 BMR project to complete in January17 November 2022, Published under Cement NewsThe balancing, modernisation and replacement (BMR) project of Cherat Cement Co for Line 1 will complete on January 2023. Cherat Cement has stated that works would be completed by January 2023 on the BMR for Cement Line 1 and installing the main crusher at Lakrai village, Nowshera district, Khyber Pakhtunkhwa (KPK) province, Pakistan, according to the latest company report for the period ending on 30 September 2022. Last year, Executive Director and Company Secretary, Abid Vazir, informed ... |
Bangladesh earns cement revenue of US$2.77m in 4MFY2315 November 2022, Published under Cement NewsDuring the first four months (July and October) of FY22-23 (July-June), Bangladesh exported cement worth US$2.77m compared to US$2.44m in the same four months last year. This translated to a growth of 15.42 per cent but was down on forecast (-16.06 per cent ) to reach the target of US$3.3m set for these months of the ongoing fiscal year. The figure also includes a minor amount of salt, stone and related products, says the Bangladesh Export Promotion Bureau (EPB) data. Bangladesh has set a... |