Cement News tagged under: petcoke
The ‘magic’ of magnesium17 January 2019, Published under Cement NewsWhile petcoke is a less expensive fuel option, its use can lead to operational challenges for the cement plant, such as the formation of kiln rings and build-ups in the lower cyclones of the preheater. To optimise combustion and avoid these issues, Nuh Çimento has trialled a magnesium-based chemical additive that helps control the impact of high-sulphur fuels. By Seyda Arikan, Nuh Çimento, Turkey, and Jose Hernandez, EES Services, Mexico. Figure 1: vanadium oxide complexes and their ... |
INC awards US$7m petcoke contract09 January 2019, Published under Cement NewsParaguay's Industria Nacional de Cemento (INC) has awarded the Sanfil GT consortium, represented by Christian Harrison Paleari, the contract for the supply of 24,000t of petcoke at a price of US$299/t. Delivery of the US$7m contract will be in two shipments of 12,000t each with the first shipment due for delivery by 5 February and the second by 15 March. The contract covers four months of petcoke supply for the cement plant, which uses around 6000tpm. The contract was negotiated and agre... |
Increase in seaborne coal and petcoke prices impact producers28 September 2018, Published under Cement NewsSeaborne thermal coal and petcoke prices rose by 16-24 per cent YoY during the 1H18 period, eroding almost four per cent of the aggregate EBITDA of LafargeHolcim and HeidelbergCement, according to a Morgan Stanley report. However, this is expected to slow or reverse into next year. Prices of seaborne thermal coal are anticipated to fall 15 per cent in 2019 compared to 1H18, with petcoke following a similar trend. This is due to lower seaborne demand from China and Japan alongside capacity ... |
Supreme Court exempts cement industry from petcoke import ban01 August 2018, Published under Cement NewsIndia’s Supreme Court has finalised a ban on petcoke imports with exemptions for some key industrial users, including the cement sector. In a ruling released this weekend, the court agreed to put into place recommendations from the court-appointed Environment Pollution Prevention & Control Authority (EPCA) to limit imports only to those industries using coke as a feedstock or in the manufacturing process, not as a fuel. The EPCA had listed those industries as cement, lime kilns, calcium c... |
Landed petcoke prices could increase by 6% in India11 April 2018, Published under Cement NewsIn India the landed cost of petcoke could increase by 5.6 per cent as a result of the import duty hike, reports Nirmal Bang Institutional Equities. The import duty on the fuel was raised in December 2017, increasing from 2.5 to 10 per cent. The price of petcoke imported from the US reached a multi-year high of US$117/t in March 2018 and is expected to rise further. The increased prices may not significantly change the demand for petcoke, since alternatives are equally expensive. Howeve... |
Imported petcoke prices rise to a multi-year high in March19 March 2018, Published under Cement NewsThe price of petcoke imported to India has risen to a multi-year high in March. This has been attributed to both increased demand and a supply shortage because of maintenance work undertaken by refiners, reports Mint. "Indian demand for petcoke is around 23-24Mta, while domestic supplies total up to around 14Mta. Suppliers are not in a rush to sell into the Indian market for there is some healthy demand from other regions like Latin America," said Deepak Kannan, managing editor of Asia The... |
UltraTech reports rise in net sales18 January 2018, Published under Cement NewsUltraTech Cement Ltd has announced that its net profit decreased by 25 per cent YoY to INR4.21bn (US$65.98m) in the October-December quarter of 2017. However, net sales of the company rose 35 per cent to INR75.8bn in the same period, according to Bloomberg. EBITDA increased by 13.9 per cent to INR12.6bn in the 3QFY18, when compared to the corresponding period of the previous financial year. "The quarter witnessed an increase in variable costs attributable to the rise in pet coke and coa... |
Turkish petcoke imports uncompetitive compared to domestic producers04 January 2018, Published under Cement NewsTurkish petcoke imports are uncompetitive due to lower prices being offered by domestic producers and high freight rates. The domestic price of petcoke in Turkey is approximately US$107-108/Mt, a lower price than imported petcoke once US$8-10 has been added to cover the added import costs, according to S&P Global Platts. A S&P Global Platts assessment saw Supramax petcoke freight rates from Houston to Aliaga at US$21/Mt on Wednesday, a decrease of 25 cents when compared to the highest pri... |
ENERGY – OPEC consolidates oil while India shakes petcoke, coal high20 December 2017, Published under Cement NewsPrices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6.5% 40HGI FOB US$72.50 USGC 6.5% 40HGI cf ARA US$91.00 In November the US dollar was supported by the US tax reform, which could see US firms repatriating profits. The lack of German government for... |
Indian cement prices to increase by January20 December 2017, Published under Cement NewsCement prices in India are expected to increase by INR3-4/bag by mid-January as the government has decided to hike the import duty on petcoke from the current 2.5 to 10 per cent. The rise in duty is expected to increase production costs by INR50-60/t and sector analysts predict the increase will be passed on to customers. "In case they are not passing it on, their EBITDA is likely to get affected and under the current scenario, no company will wish for it", an analyst with stockbrokin... |