Joint-venture agreement signed for new Nepalese plant
China’s Hongshi Holdings Group on Tuesday signed a joint-venture (JV) agreement with Shivam Holdings Nepal to set up a NPR30bn (US$297m) cement factory.
Nepal
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Ghorahai works halts production
Nepal-based producer Ghorahai Cement Industry (GCI) has halted output at its cement plant in the Dang district as protests by tipper operators disrupt the flow of production. Th...
Nepal: Sarbottam Cement launches commercial operations
Sarbottam Cement, a newcomer to the Nepalese cement industry, has started commercial operations from its new greenfield plant. The project is promoted by local company Saurabh G...
Nepalese factory gets set to launch commercial production
Arghakhanchi Cement is set to start commercial production from its greenfield works next week.
Nepal: Reliance plant gets go-ahead
India’s Reliance Group, headed by Anil Ambani, has received clearance to build a cement plant in Nepal. The INR24.8bn (US$401.1m) cement works is expected to be constructed in c...
Nepal: moves to facilitate production
The government of Nepal has said it will expand access roads to 11 cement plants and supply electricity to eight factories during the current fiscal to facilitate cement product...
Kathmandu prices rise on higher production costs, Nepal
Prices of most building materials including cement have increased in the Kathmandu valley since last year, according to local traders.
Hetauda Cement hikes prices, Nepal
The board of Hetauda Cement Industries Ltd decided on Tuesday to raise the price of cement due to increased raw material costs.
Nepal: shareholders eagerly await Padma payments
Shareholders in Padma Cement, which is currently in the process of being liquidated, have expressed concern following the news that the liquidator's office will pay out dues of ...
Double-digit rise in Nepal cement sales
Nepal-based cement producers have reported a 10-15 per cent YoY increase in 2013 cement sales as the construction of dams, bridges and housing projects boosts demand.