Displaying items by tag: Andhra Pradesh

India: LafargeHolcim and HeidelbergCement have joined a bidding war for Emami Cement. LafargeHolcim is reported to have submitted an expression of interest via its subsidiary Ambuja Cement, according to the Hindu newspaper. HeidelbergCement has submitted its bids through HeidelbergCement India. Emami Cement has an expected value of around US$845m. Nuvoco Vistas Corporation, Shree Cement and Dalmia Bharat have also been linked to the sale.

Emami Cement operates a 2.5Mt/yr integrated plant at Risda in Chhattisgarh and a 2.5Mt/yr grinding plant at Panagarh in West Bengal. It acquired a 0.6Mt/yr grinding plant at Bhabua, Bihar in September 2018. In addition, the firm has mining assets in Guntur in Andhra Pradesh and near Jaipur in Rajasthan. Its main markets are in West Bengal, Chhattisgarh, Odisha, Jharkhand, Bihar, Maharashtra and Madhya Pradesh. It markets its products under the Double Bull brand.

India: CARE Ratings has identified Telangana, Andhra Pradesh, Odisha, Rajasthan, West Bengal and Uttar Pradesh as the key states expected to lead cement production capacity additions over the next decade to 2030. In a sector report the credits agency forecast growth of 120Mt in this period. It noted that Rajasthan, Karnataka, Madhya Pradesh, Tamil Nadu, Andhra Pradesh and Telangana were among the top states in installed capacity at present. It said that the southern region led with highest installed capacity of 33% followed by the North, East, West and Central regions. Rajasthan, Karnataka, Telangana, Madhya Pradesh and Maharashtra are among the states with highest limestone resources.

India is the world’s second largest second producer but its per capita consumption is low, at 210kg. This is well below the global average of around 575kg/capita.

India: Larsen & Toubro (L&T) has been awarded an order to build a cement plant in Kurnool, Andhra Pradesh. The end client was not named but UltraTech Cement said in mid-June 2019 that it had received approval from the environment ministry to build a 6Mt/yr integrated cement plant in the same location. The plant will have a 60MW captive power plant and a 15MW waste heat recovery-based power unit. No value for the order has been disclosed.

India: UltraTech Cement has received approval from the environment ministry for a US$360m project in Andhra Pradesh, in which it will set up a 6Mt/yr integrated cement plant at Petnikote village in Kurnool district. The plant will have a 60MW captive power plant and a 15MW waste heat recovery-based power unit.

The company has already acquired 432 hectares of land for the project, which UltraTech says will generate employment for 900 people. The company still has to get 'consent to establish and operate' from the Andhra Pradesh Pollution Control Board.

India: Penna Cement has received approval from the Securities and Exchange Board of India (SEBI) for a US$220m initial public offering (IPO). The company intends to use the funds to pay off debts and for general corporate purposes, according to the Hindu newspaper. The cement producer operates four integrated plants and two grinding plants in Andhra Pradesh, Telangana and Maharashtra that share a total production capacity of 10Mt/yr.

India: Chandrababu Naidu, the chief minister of Andhra Pradesh, has laid the foundation stone for Ramco Cements’ new 3.15Mt/yr integrated plant at Kalavatala, Kolimigundla Mandal in Kurnool District. The project has an investment of nearly US$210m. The plant will include a waste heat recovery (WHR) unit and a captive power plant. A 25km railway line from Samjamala has also been proposed to support the plant. Once the required statuary clearances are obtained the plant is expected to take 15 months to build.

Other new projects the cement producer has scheduled include an upgrade at its Jayanthipuram plant in Krishna District to 4.6Mt/yr from 3.1Mt/yr with a 27MW WHR unit. The project has a cost of just over US$100m and it is expected to be commissioned in March 2020. The company is also upgrading the grinding capacity of its Vizag plant to 2Mt/yr from 0.9Mt/yr. This project has an investment of around US$25m and is also expected to be commissioned in March 2020. Once these three projects are completed Ramco Cements says that it will become the largest producer in Andhra Pradesh with a production capacity of nearly 10Mt/yr.

In the east of the country Ramco Cements us building a new 0.9Mt/yr grinding plant in Odisha with a railway terminal for around US$70. This is expected to be commissioned by September 2019. In West Bengal the company is upgrading the grinding capacity at its Kolaghat plant in East Midnapore district to 2Mt/yr from 0.9Mt/yr for around US$60m. This project also includes a railway terminal and it is scheduled for commissioning in April 2019. Altogether the company plans to reach a cement production capacity of 20Mt/yr by 2020 across the country.

India: Rain Industries has approved an upgrade project on a cement mill at Rain Cement’s Boincheruvupalli Village plant in Andhra Pradesh. The project is approved up to a cost of US$5.9m, funded through internal accruals. It is expected to be completed by 30 June 2019. After the upgrade the plant’s grinding capacity will increase from 2.0Mt/yr to 2.8Mt/yr.

India: Bharathi Cement plans to build new plants in Vizag and Mumbai. The new units are intended to meet market demand in the east and west of the country respectively, according to the Economic Times newspaper. The company hopes to raise its national market share to 5% from 4% at present with the new plants and from new products.

India: Ramco Cement has ordered three vertical roller mills from Germany’s Loesche. It has ordered two LM 41.2+2 CS type mills with two grinding rollers and two support rollers with a power range of 3000kW and a capacity of 130t/hr for two of its cement plants to grind the Portland Pozzolana Cement (PPC). The first mill will be installed at Kolaghat, West Bengal, where Ramco Cement is upgrading a grinding plant to 2Mt/yr from 0.95Mt/yr. The second mill will be used at a grinding plant in Gobburupalam, Visakhapatnam in Andhra Pradesh.

A third mill has been ordered for a newly-built plant at Haridaspur in Odisha. Here, a LM 46.2+2 CS type mill with a capacity of 3750kW will be used to grind PPC with a throughput of 165t/hr. This order also includes mill fans, bag-type filters and further auxiliary equipment. It will all be delivered by the end of 2018.

India: Larsen & Toubro has won an order to build cement plants in Odisha and Andhra Pradesh. The end client has not been named and no value has been disclosed. The cement plant orders were announced as part of a wider set of orders worth over US$590m, including government construction projects.