Cement News tagged under: price rise

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Ramco Cements announces capex and price rise

09 June 2022, Published under Cement News

Ramco Cements has announced capex of INR12-13bn (US$154-167m) to expand its production capacity over the next two years. At its Kurnool plant, trial production of clinker is now underway and with this, clinker capacity has expanded to 13.65Mta. The cement grinding facility, 6MW waste heat recovery system (WHRS), and an 18MW thermal power plant (TPP) are due to be commissioned during 2QFY23, according to the Financial Express. An additional 1-1.5Mta of grinding capacity is also planned in K...

Kinshasa cement price increases

28 March 2022, Published under Cement News

The price of cement in Kinshasa, Democratic Republic of Congo, has increased to CDF22,000 (US$11.02) from CDF17,500 a week ago. The increase has been attributed to the strong demand in the market and localised shortages. In Kasai Central province the Kalamba Mbuji-Kananga road has become impassible and SNCC has seen operational challenges.

DR Congo sees cement price hike after reintroduction VAT

21 March 2022, Published under Cement News

The price of cement  in central Democratic Republic of Congo has increased from COF15,500 (US$7.70) to COF21,210 from 17 March, according to local news sources. The hike follows an agreement between the provincial division of the Ministry of Economy, representatives of three cement companies in central DRC and cement suppliers after days of discussions. Corneille Mukuni Mukuni, the head of the provincial division of the Ministry of Economy explained the price rise as the reintroduction of ...