Displaying items by tag: Nepal

Nepal: Data from the Nepal Rastra Brank shows that the value of cement imports have doubled year-on-year to US$155m in the first 10 months of the current financial year from US$77m in the same period in 2015 – 2016. The surge in imports has coincided with a fall in the capacity utilisation rate of most cement plants to 60%, according to the Himalayan Times newspaper. The fall in local production has been blamed on difficulties importing clinker, coal and other raw materials. Reduced electricity supplies have also affected production. The Cement Manufacturers Association of Nepal hopes that, if these impediments are reduced, the country could become self reliant in clinker within two years.

Nepal: Hongshi Shivam Cement’s Sardi cement plant project in Nalwalparasi is likely to be delayed due to slow progress by the government in building a road to a nearby limestone quarry. The project was due to start production in May 2017 but the slow rate of investment by the Chinese firm’s state partner has caused this completion estimate to be revised, according to the Kathmandu Post. Other infrastructure requirements for the project that are slowing it down include a 40km road to the site and an electricity substation.

Nepal: Arghakhanchi Cement has launched Arghakhanchi MP OPC Cement in new waterproof packaging. The cement producer says that the new packaging will protect the cement from moisture and prevent leakage of cement, according the Kathmandu Post. The new bags are also intended to ensure a standard weight for the product. The company plans to increase its production capacity from its plant at Mainahiya, Rupandehi to 60,000 bags/day from the end of 2017.

Nepal: Jagdamba Cement said that it has rebranded its Jagdamba Ultra Premium OPC Cement product with new packaging and appointed Bhusal Dahal as its brand ambassador. The cement producer added in a statement that its products can now compete with any international product available in Nepal, according to the República newspaper. It added that it has received NS 49, ISO 9001:2008, ISO 9001:2015/ISO 14001:2015 certifications as well as letter of appreciation 2014 and 2015 in NS Quality Awards.

Nepal: Data from the Trade and Export Promotion Centre (TEPC) has shown that the value of imports of clinker has increased by nearly six times year-on-year to US$84m in the first six months of the Nepalese fiscal year to mid-January 2017 from US$14m in the same period in the previous year. Dhurba Thapa, president of the local Cement Manufacturers Association, told the Kathmandu Post that the surge in clinker imports was due to a market correction following a ban on exports imposed by India in the previous year. He added that imports of clinker from India account for around 35 – 40% of Nepal’s total consumption.

Nepal: Government plans to grade domestic brands of cement have been delayed due to administrative issues at the Nepal Bureau of Standards and Metrology (NBSM). The NBSM prepared a draft for the certification in the autumn of 2016 but it has failed to approve it internally before forwarding it to the Nepal Standard Council, according to the Himalayan Times. The delay has been blamed on the busy schedule of NBSM employees. Under the plan, cement produced by local companies will be certified under three quality categories: 33-grade, 43-grade and 53-grade cement.

Nepal: The value of clinker imported from India into Nepal has risen by 674% year-on-year to US$60.5m in the first four months of the local financial year that started on 16 July 2016 from US$7.8m from the same period in the previous year, according to the Trade and Export Promotion Centre. Dhruba Raj Thapa, president of Cement Manufacturers Association of Nepal, in comments to the Himalayan Times attributed the surge to a lack of raw materials, including limestone, which has forced producers to import clinker from India. He added that government restrictions on opening new mines have restricted the local industry's ability to produce its own clinker.

Nepal: Residents of Jyamire are seeking ’fair’ compensation from a quarry that Hongshi-Shivam Cement is building. Villagers have prevented Chinese technicians from the Nepal-China joint venture from working near the village, claiming that the company has ignored their complaints, according to the Kathmandu Post. Around 32 households in the region will be displaced by the mining project. The villagers are seeking compensation in excess of the rate set by the government, which they say the cement company offered them initially.

Hongshi-Shivam Cement is building a cement factory at Sardi in Nawalparasi district. It has acquired a permit from the Department of Mines and Geology to extract limestone at Jyamire in Palpa. China's Hongshi Holding Group has invested US$330m and its local partner has contributed around US$140m towards the project. The plant will have a production capacity of 6000t/day when operational and it is expected to be opened in 2017.

Nepal: The government will start certifying domestic brands of cement with quality grades by early 2017. Cement produced by local companies will be certified under three quality categories: 33-grade, 43-grade and 53-grade cement, according to the Himalayan Times. At present both domestically manufactured Ordinary Portland Cement and Portland Pozzolana Cement are labelled as 33-grade cement as the government provision doesn't allow producers to label their brands higher than grade 33. However, large-scale projects require higher grades of cement that have to be imported.

"We are in the last stage of finalising the draft of quality certification for domestic cement brands," said Bishwo Babu Pudasaini, director general of Nepal Bureau of Standards and Metrology (NBSM). Once NBSM finalises a quality certification draft, it will be sent to Nepal Standard Council (NSC) for final approval.

Nepal: Hongshi-Shivam Cement is building a 36km road between Nawalparasi and Palpa to connect limestone reserves to a plant it is building. The China-Nepal joint venture is building a 6000t/day cement plant in Sardi, Nawalparasil that will be completed in 2017, according to the Kathmandu Post. The company plans to double the plant’s production capacity to 12,000t/day in the next four years. Limestone reserves at Palpa are expected to last 300 years.

Hongshi Cement has invested US$360m in the project which is the largest Chinese investment in the country’s cement industry. Investment Board Nepal (IBN) approved Hongshi's proposal in July 2015.