Displaying items by tag: India
India: Sagar Cements has received approval to buy a cement grinding plant in Bayyavaram, Andhra Pradesh owned by Toshali Cements for US$8.9m. The sale is expected to be completed by 30 September 2016 subject to obtaining due diligence and other approvals.
Following the acquisition, Sagar Cements intends to increase the grinding plant’s production capacity to 3Mt/yr with an investment of up to US$0.89m. The new unit will enable Sagar Cements to reduce its logistical costs and introduce slag cement to markets in Visakhapatnam, Vizianagaram, Srikakulam and parts of Orissa.
India: Malabar Cements will restart operations at its Cherthala cement grinding plant following approval from the Kerala High Court. The cement producer says its has been granted permission to produce Portland Pozzolana Cement (PPC) using clinker, gypsum and fly ash at the plant. Previously the Bureau of Indian Standards objected to the cement producer manufacturing PPC.
Prism Cement secures coal contract from Coal India
01 July 2016India: Prism Cement has purchased 120,000t/yr of coal from South Eastern Coalfields, a subsidiary of Coal India. The cement producer successfully bid for the fuel in a recently held auction of coal linkages for the cement industry. The company said that it has secured part of its fuel requirement for the next five years and the allocation by Coal India has been made at the floor price.
Indian cement workers kidnapped in Nigeria
01 July 2016Nigeria: Two Indian cement workers for Dangote Cement have been reportedly kidnapped in Gboko, Benue State. Civil engineer Sai Srinivas and his colleague Anish Sharma were abducted while travelling in a convoy of cars to the local Dangote cement plant on 29 June 2016, according to The Hindu newspaper. Srinivas has worked for Dangote Cement for three years. Previously he worked for Aditya Birla group in Raipur, India.
JC Bhutani resigns from Burnpur Cement
28 June 2016India: Jagdish Chander Bhutani has resigned as a director of Burnpur Cement. The resignation takes effect from 21 June 2016.
Shree Cement completes grinding plant at Aurangabad
24 June 2016India: Shree Cement has completed the expansion of its cement grinding plant at Aurangabad in Bihar. The plant increased its production capacity to 3.6Mt/yr from 2Mt/yr.
India: Dalmia Bharat Cement has launched two new cement products in Odisha. The two new products - Dhalai Special Dalmia DSP Cement and Dalmia Cement – will be made available across 650 dealers and network partners in the state. Dalmia Bharat Group CEO Mahendra Singhi said that the product launch is expected to increase sales to US$221m from US$177m in the state, according to the Press Trust of India.
Dalmia Bharat Cement, which manages OCL India in Odisha, markets cement under the brand name of Konark. It has cement plants at Rajgangpur and Kapilas in the state. The group has set a sales target of about 75,000t/month for the two newly launched brands in Odisha. Its existing sales volumes across all product lines in the state are around 250,000t/month.
FLSmidth wins plant order in Tamil Nadu
24 June 2016India: FLSmidth has signed a contract with Larsen & Toubro Limited for engineering, procurement and supply of equipment for a complete cement production line with a capacity of 3000t/day. The plant will be located in Ariyalur, approximately 300km south of Chennai in the Indian state of Tamil Nadu. The end client of the project is Tamil Nadu Cement Corporation Limited (TANCEM), a wholly owned undertaking of the Government of Tamil Nadu, with whom Larsen & Toubro Limited has an EPC contract. The order will be delivered over the next 16 months.
The order includes a complete range of equipment from crushing to the packing plant: ATOX® 35.0 vertical mill for raw grinding, ATOX® 20.0 vertical mill for coal grinding, Pyro Processing System with low-NOx ILC calciner, FLSmidth Cross-BarTM CB10 x 40 cooler and a UMS 5.0 x 15.0 ball mill for cement grinding. FLSmidth’s supply also includes equipment from product companies of FLSmidth, such as planetary gear units for vertical mills from FLSmidth MAAG Gear, bag filters and an electrostatic precipitator from
FLSmidth Airtech, packing plant from FLSmidth Ventomatic, a control system and plant automation from FLSmidth Automation and weighing and metering systems from FLSmidth Pfister.
India: Kanodia Group has launched its new cement brand ‘Bigcem’ at Ghaziabad, Uttar Pradesh. The product will be targeted at markets in Uttarakhand and Western Uttar Pradesh to start with followed by expansion in Delhi and the National Capital Region, according to the Hans India newspaper. Gautam Kanodia, director of Kanodia Group, said that the product is expected to give 40% more strength than the general Bureau of Indian Standards standard.
Nepal: Cement producers in Nepal are upgrading their plants in preparation for the start of operation by a number of foreign owned cement companies. Dhruba Thapa, the president of the Cement Manufacturers' Association of Nepal (CMAN), said that the imminent ‘invasion’ by foreign cement producers has led to unease amongst local producers, in comments to the Kathmandu Post
Dangote Cement from Nigeria, Hongshi and Huaxin from China and Reliance Cement from India have all been granted clearance to start operations in Nepal. Their combined foreign direct investment amounts to US$1.45bn and their proposed output stands at 22,000t/day.
Local projects include Cosmos Cement’s plan to build its first clinker plant. It is expected to start production in the second half of 2016. At present the cement producer operates two cement grinding plants with a combined capacity of 800t/day. It is also upgrading the capacity of these plants to a total of 2000t/day.
Arghakhanchi Cement has announced that it will nearly triple its capacity to 3000t/day by the end of 2017. At present the plant has a production capacity of 1200t/day. Agni Cement Industry has planned to set up a new plant with a daily capacity of 1200t/day. Currently, its capacity is 300t/day.
Domestic demand for cement is 5.5Mt/yr and production is 4.6Mt/yr according to CMAN. Domestic cement manufacturers claim that they have become able to meet 80% of the country's requirement with a capacity utilisation of 50 – 60%. However, foreign investors have said that there is unexplored potential demand for cement in Nepal as infrastructure development grows. Local producers have countered this claim, saying that foreign direct investment has been promoted by offering foreign investors more tax incentives than what domestic producers receive.