Cement News tagged under: Indian subcontinent
Penna Cement receives approval for IPO19 October 2021, Published under Cement NewsIndia’s Penna Cement has received approval from the Securities and Exchange Board of India for its INR15.5bn (US$206.56m) initial public offering. The IPO includes a fresh issue of INR13bn and an offer for sale of up to INR2.5bn by promoter PR Cement Holdings, which holds a 33.41 per cent stake in the company. The fresh capital is expected to be used for the repayment of borrowings and to fund an expansion project. |
Power supply switching station ready for Huaxin Cement18 October 2021, Published under Cement NewsNepal Electricity Authority (NEA) has commissioned the switching station in Dhading district that will be supplying electricity to the Huaxin Cement plant that is under construction. According to the NEA, the switching station was charged on Friday by using the electricity supply from Marsyangdi-Syuchatar 132kV transmission line. The NEA will be supplying 20MW of electricity to the cement factory. As a result, NEA will be able to supply electricity locally through two transmission lines w... |
Rain Cements completes grinding expansion project15 October 2021, Published under Cement NewsIndia’s Rain Cements (Rain Industries) has completed a capacity expansion at its cement mill in Boincheruvupalli village, Kurnool District, Andhra Pradesh. The unit’s cement grinding capacity has now been increased from 2.033Mta to 2.795Mta. |
UltraTech Cement commissions 1.2Mta of new capacity13 October 2021, Published under Cement NewsIndia’s UltraTech Cement has commissioned 1.2Mta of new cement capacity, which is the first phase of the 19.5Mta capacity expansion project announced in December 2020. Additional cement capacity of 0.6Mta was commissioned at its Patliputra cement works in Bihar, which takes the unit’s capacity to 2.5Mta. The remaining 0.6Mta was put into operation at its Dankuni facility in West Bengal, taking its capacity to 2.2Mta. The company’s total cement manufacturing capacity in India now stands at ... |
Shree Cement orders equipment for new greenfield project12 October 2021, Published under Cement NewsIndia’s Shree Cement has contracted FLSmidth for a new greenfield project, including the world’s largest Cross-Bar ® Cooler, an OK TM cement mill and JETFLEX ® Burner. The new line will be located near Nawalgarh, Rajasthan, and encompasses a 11,500tpd pyroprocessing system with a six-stage preheater and three-support kiln. “It is great to further strengthen the collaboration with Shree Cement, not only on growing their business, but doing it in a sustainable way. The new line in Raja... |
JK Lakshmi Cement halts production at its Durg plant05 October 2021, Published under Cement NewsIndia’s JK Lakshmi Cement has suspended production at its 2.7Mta Durg plant in Chhattisgarh, due to a strike called by the state’s Cement Transport Association. Dispatches from the facility, which were substantially reduced from 19 September, have now been completely stopped, according to the company. However, industry-wide negotiations are being held with the state government and the company is hopeful of an amicable solution soon. |
Birla Corp plans to reach 30Mta of capacity by 202701 October 2021, Published under Cement NewsIndia’s Birla Corp is setting a new target of reaching 30Mta of production capacity by 2027. Its current capacity is 15.6Mta but this is expected to rise to almost 20Mta by the end of the fiscal year, when its 3.9Mta Mukutban plant is commissioned. Birla had previously set a target of reaching 25Mta by 2025. The details of the new expansion plan will be announced when it has been approved by the board, according to Harsh V Lodha, chairman of Birla Group. |
JK Cement commissions capacity upgrade at Nimbahera works30 September 2021, Published under Cement NewsIndia's JK Cement has completed a capacity upgrade project at its Nimbahera works in Chittorgarh, Rajasthan. The clinker capacity of Line 3 has been increased to 6500tpd from 5000tpd, with the works completed and commissioned yesterday. |
Dewan Cement sees 7% rise in turnover27 September 2021, Published under Cement NewsPakistan's Dewan Cement has announced a 7.3 per cent YoY rise in net turnover to PKR6.3bn (US$37m) for the year ended 30 June 2021, compared with PKR5.83bn in the year-ago period. The company also recorded a PKR666.4m loss for the FY20-21, which had contracted against the PKR1.32bn loss seen in the previous fiscal year. |
Askari Cement orders three new cement mills23 September 2021, Published under Cement NewsPakistan’s Askari Cement Ltd has ordered three MVR vertical roller mills from Gebr Pfeiffer for its plant in Nizampur. Two of the mills are MVR 5000 C-4 cement mills, which together grind 360tph of cement to a fineness of 3250cm²/g according to Blaine. The other is an MVR 5000 R-4 raw mill for grinding 520tph of raw material to a fineness of 12 per cent R90µm. A SLS V high-efficiency classifier will also be installed on all three mills. The order is being handled by China’s Hefei Cement Re... |