Cement News tagged under: petcoke

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India: falling demand and rising petcoke prices threaten profits

08 December 2016, Published under Cement News

The Economic Times reports that petcoke prices – which have risen by over 36 per cent since the start of the year – are likely to put a squeeze on cement company profits. This comes on top of the disastrous impact that the withdrawal of higher denomination rupee notes has had on the economy. The Reserve Bank of India’s failure to provide enough new-style notes has had a profound and negative effect in a country where 98 per cent of all transactions are carried out via cash. An analyst ...

Sumitomo Osaka 1.4Mt coal consumption in 2015

02 September 2016, Published under Cement News

Japanese cement manufacturer Sumitomo Osaka Cement reported that it had consumed 1.41Mt of coal for the fiscal year 2015 (year end 31 March 2016). This figure is a 2.7 per cent YoY decrease from the fiscal year 2014, when consumption reached 1.44Mt. Petcoke consumption for the same period was 0.1Mt, up 19 per cent from 0.08Mt from fiscal year 2014.

India: Birla Corporation sees Q1 cement profits rise 441%

11 August 2016, Published under Cement News

Birla Corporation has released its quarterly financial results for the three months to the end of June 2016. During this period, Birla’s profits from its cement operations rose by 441 per cent compared to those from a year earlier, standing at INR1.1bn (US$16.3m). Cement revenues were also up, albeit not as spectacularly. In 1QFY16-17 total revenues were INR8.3bn (US$125m), an increase of 17 per cent YoY. Cement volumes were also higher, with 2.17Mt dispatched as compared to the 1.96Mt...

Tunisia: petcoke shortage risks near-doubling cement price

13 May 2016, Published under Cement News

Tunisia’s Industry Ministry is looking into to alternatives to alleviate the petcoke shortage in the country. Importing petcoke is proving to be difficult as El Fouledh port, temporarily tasked with importing the fuel, is not able to receive the ships and volumes required for the cement industry. At present, works at the port of Ciment de Bizerte prevent petcoke imports at that location. The petcoke shortage risks the closure of several cement plants in Tunisia unless they can successfully...

HeidelbergCement: July '12

03 August 2012, Published under Cement News

The Bosnian HeidelbergCement subsidiary Tvornica Cementa Kakanj is expecting a volume reduction of between 10-14 per cent this year. This would take consumption down to 40 per cent below the level seen in 2008. Domestic deliveries are expected to be some 15 per cent down on last year. Around 12 per cent of production is now exported, mainly to Croatia. HeidelbergCement's 1H turnover rose by 9.8 per cent to €6580.4m, while the EBITDA only advanced by 0.8 per cent to €911.6m as energy cos...

Indian cement sector turns to US high-sulphur coal

07 May 2012, Published under Cement News

Shree Cement and Ultratech have taken one cargo of US high-sulphur coal, with others set to follow suit, as the Indian cement sector seeks a cheaper alternative to the increasingly scarce petcoke. India's coal imports are set to grow rapidly to over 100Mt of thermal coal this year, most of it from Indonesia and South Africa destined for power generators. The cement sector is a smaller but significant consumer of imports. Some Indian end-users are likely to turn to the very high-sulphur Ill...