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News Nepali cement producers operated at below 30% capacity utilisation in mid-2021

Nepali cement producers operated at below 30% capacity utilisation in mid-2021

Written by Global Cement staff 06 September 2021
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Nepal: The Cement Manufacturers Association of Nepal (CMAN) recorded average capacity utilisation across the local cement sector below 30% following the start of a national coronavirus lockdown that started in late April 2021. Despite the end of the Clockdown over the summer, demand is currently low due to an economic slowdown, according to the Kathmandu Post newspaper. It reported that three or four of the country’s 64 cement plants have shut down.

CMAN president Dhruba Thapa said, “There is a huge gap in output and demand in the market currently. Nepal's cement industry has a production capacity of 22Mt/yr, and this will rise to 25Mt/yr in the 2022 financial year. Demand reached around 9Mt in the 2021 financial year."

Last modified on 08 September 2021
Published in Global Cement News
Tagged under
  • Nepal
  • Cement Manufacturers Association of Nepal
  • utilisation rate
  • coronavirus
  • lockdown
  • Plant
  • Closure
  • market
  • GCW522

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