Cement News tagged under: indian subcontinent

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New CFO for Power Cement

05 April 2022, Published under Cement News

Power Cement Ltd has appointed Irfan Sikandar Bawa as CFO with effect from 4 April 2022, succeeding Tahir Iqbal, according to the company’s filing to the Pakistan Stock Exchange.

Birla's Mukutban plant begins clinker dispatch

31 March 2022, Published under Cement News

Birla Corp ’s newest cement plant, Reliance Cement Co ’s Mukutban integrated plant, has started dispatching clinker. The clinker is being delivered to the company’s nearest grinding unit at Butibori, Maharashtra. Shri Arvind Pathak, MD and CEO of Birla Cement Corp, flagged off the maiden consignment of the clinker-laden truck. The Mukutban plant near Nagpur has a clinker capacity of 2.68Mta and a cement capacity of 3.9Mta. Its captive thermal power plant has a generation capacity of 40MW...

Shiva Cement received environmental clearance for Orissa plant expansion

28 March 2022, Published under Cement News

India-based Shiva Cement , owned by JSW Cement , has received environmental clearance from the Ministry of Environment, Forest and Climate Change to expand its cement plant in Kutra, Orissa, to 3Mta clinker capacity and 2Mta cement capacity. The project includes the installation of a 12MW waste heat recovery power generation system. The company will mine limestone from the Khathurbahal North block with a production capacity of 1.6Mta limestone and 0.035Mta mineral reject, 0.033Mta of top...

Shree Cement starts trials at Chattisgarh clinker unit

17 March 2022, Published under Cement News

India-based Shree Cement has started trial run of its new clinkerisation unit (Kiln 3) at its integrated plant in Baloda Bazar, near Raipur in Chhattisgarh. The Baloda Bazar plant currently has a clinker capacity of 5.2Mta and a cement capacity of 3Mta. Alongside the kiln, the company has also installed a waste heat recovery power plant.

Lanwa Cement Corp inaugurates Hambantota plant today

07 March 2022, Published under Cement News

Sri Lanka’s President Gotabhaya Rajapaksa is expected to open Lanwa Sanstha Cement Corp (Pvt)’s 4Mta in the Mirijjawila Export Processing Zone of Hambantota today. The cement works includes a fully-automated stacker reclaimer yard and two bridge types of ship unloaders for efficient, waste-free and sustainable handling of cargo. Lanwa Sanstha Cement Corp will produce the full range of cement types, including ordinary Portland Cement, Portland composite cement and blended hydraulic cement...

Power Cement reports 82% YoY rise in 1H net profit

02 March 2022, Published under Cement News

Power Cement posted a 43.6 per cent increase in revenues to PKR5162m (US$29.1m) in the quarter ended 31 December 2021 (2QFY21-22), up from PKR3595m m in the 2QFY20-21. Operating profit saw a 37.3 per cent hike to PKR961m in the 2QFY21-22 from PKR700m in the equivalent period of the previous year. Net profit  advanced 96.7 per cent YoY to PKR471m in the 2QFY21-22 from PKR239.4m. Half-year results In the half year ended 31 December 2021, Power Cement saw its revenues increase by 35.7 pe...

Dewan Cement returns to profit in 2QFY21-22

01 March 2022, Published under Cement News

Pakistan-based Dewan Cement Ltd posted a turnover of PKR4149.6m (US$23.4m) in the quarter ended 31 December 2021 (2QFY21-22), up from PKR931.6m in the 2QFY20-21. In the 2QFY21-22, the company achieved an operating profit of PKR68.8m, an improvement when compared with the PKR334.5m loss in the 2QFY20-21. Net profit reached PKR130.7m, up from a loss of PKR266.6m in the equivalent period of the previous year.

India’s National Green Tribunal halts environmental clearances for Babarkot limestone mining

28 February 2022, Published under Cement News

The National Green Tribunal (NGT) in India has stopped environmental clearances for two limestone mining sites in Babarkat village, Jafrabad, Amreli. The step results in a significant delay for UltraTech Cement Ltd , which is part of the Aditya Birla Group .   The special bench of NGT ruled that the project fell under category A and was beyond the purview of the State Environment Impact Assessment Authority (SEIAA) to award environment clearances.The said mines dropped under cluster minin...

COVID-19 in southern Bhutan leads to cement shortage in Thimpu

18 February 2022, Published under Cement News

Builders in Thimphu are reporting cement shortages as cement agents in the town have depleted their stocks. Cement is currently stuck at the cement plants of Penden Cement Authority Ltd and Dungsam Cement Corp Ltd as the southern towns of Phuentsholing and Samtse are under COVID-19 lockdown and there is a further outbreak of the illness in Nglanglam, making transportation of cement impossible. In addition, cement distributors’ trucks are stranded at Dungsam Cement Corp Ltd as drivers h...

Private sector supports corruption case against Nepalese cement sector

02 February 2022, Published under Cement News

Three umbrella organisations representing the private sector have protested against the corruption case filed by the Commission for the Investigation of Abuse of Authority (CIAA) against the cement industry . They have complained that CIAA’s move discouraged the entire private sector. The Federation of Nepalese Chambers of Commerce and Industry, Confederation of Nepalese Industries and Nepal Chamber of Commerce  issued a joint statement Monday defending the industrialists and cement comp...