Displaying items by tag: India
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.
Dungsam Cement waiting for Indian market to pick up
21 June 2016Bhutan: Dungsam Cement is waiting for the market to improve in India following announcements of infrastructure development from the government. The latest budget in the neighbouring country is expected to boost demand for cement and steel in the north-eastern region of India and in Bhutan. The cement producer made a loss of US$10.9m in its last financial year, according to the Bhutan Broadcasting Service.
“We are eagerly waiting for the release of the development budget. We have 593 hours worth of cement silos full and waiting to be dispatched in the northeast,” said Dungsam Cement’s CEO, Dorji Norbu.
India: All options are being considered by the state government for the Mawmluh Cherra Cement plant in Meghalaya including handing the plant over to private investors. Chief minister Mukul Sangma refused to rule out the option when asked about the state owned cement plant, according to the Indian Telegraph.
"In the process of trying to turn any public sector undertaking of the government into a profit-making body, the authorities concerned have been asked to consider all options. Let them come up with the options and then the best one will be considered," said Sangma.
The cement plant stopped production in 2014. It has since been dogged by high staff costs. In early June 2016 the Meghalaya government approved a voluntary retirement scheme for 145 of the plant’s 445 employees.
India: Parth Jindal has been appointed as Managing Director of JSW Cement. He will assume the position in July 2016 and will be assisted by Anil Kumar Pillai as CEO, according the Business Line.
Jindal is the son of Sjjan Jindal, the chairman of JSW Group. The 25-year old has worked previous as an Economic Analyst for JSW Steel amongst other positions in the group. He is also the chief executive of the group's sport company, which owns Bangalore Football Club.
KCP to expand production at Muktyala cement plant
10 June 2016India: KCP plans to expand the production capacity of its cement plant at Muktyala in Andhra Pradesh to 3.5Mt/yr from 1.8Mt/yr. The company said in a statement that the upgrade is expected to cost US$60m. KCP operates two integrated cement plants in Andhra Pradesh.
Sarat Jain resigns from Jaiprakash Associates
08 June 2016India: Sarat Kumar Jain, vice chairman of Jaiprakash Associates, has resigned from the group with immediate effect. Jain had been associated with the Jaypee Group for over 50 years. The firm said in a statement that the 78 year old had cited health reasons as his reason to resign.
Shivam Cement receives Indian export certificate
08 June 2016Nepal: Shivam Cement has received an ISI certificate, allowing it to export cement to India. The company said in a statement that it is now one of the few cement producers in Nepal that can export cement to India.