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UltraTech Cement holds profits as energy costs mount

25 April 2019

India: UltraTech Cement’s net sales rose by 20% year-on-year to US$5.24bn in its 2019 financial year from US$4.35bn in the 2018 reporting period. Its profit after tax grew by 10% to US$347m from US$317m. Its power and fuel costs increased by 33% to US$1.20bn from US$903m.

The cement producer said that production stabilised at its integrated plant in Manavar, Madhya Pradesh, reaching a clinker production capacity utilisation rate of 100% in the quarter that ended on 31 March 2019. It worked on the plants of its UltraTech Nathdwara Cement subsidiary to reach a production utilisation rate of 72% in March 2019. Both plants were acquired from Binani Cement in late 2018.

The plants it acquired from Jaypee Associates in 2017 are running at a capacity utilisation rate of 82%. A planned shutdown was undertaken at its Bela plant in Madhya Pradesh plant for cost improvements. The company intends to install waste heat recovery (WHR) units at these plants. Work on the 4Mt/yr Bara grinding unit is on track and the first phase of the expansion is expected to be commissioned during the first quarter of its 2020 financial year.

Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Results
  • Aditya Birla
  • Binani Cement
  • UltraTech Nathdwara Cement
  • Madhya Pradesh
  • Jaypee Group
  • Plant
  • Capacity utilisation
  • Waste Heat Recovery
  • grinding plant
  • GCW402

Colacem’s Spoleto plant idled as unions await business plan

25 April 2019

Italy: Colacem’s Spoleto cement plant has been idled. The kiln has been shut down and quarrying work suspended, according to La Nazione newspaper. The integrated plant was acquired by Colacem from Cemitaly in early April 2019. Union representatives from the plant have asked Colacem what its business plans and staffing levels will be. Currently the plant employs 80 people.

Published in Global Cement News
Tagged under
  • Italy
  • Colacem
  • Plant
  • Union
  • Shutdown
  • GCW402

Ukrainian cement production rises by 23% to 1.53Mt in first quarter of 2019

25 April 2019

Ukraine: Data from the State Statistics Service shows that cement production grew by 23% year-on-year to 1.53Mt in the first quarter of 2019. Production accelerated in March 2019, according to the Ukrainian News Agency. Annual cement production fell by 1% to 8.93Mt in 2018.

Published in Global Cement News
Tagged under
  • Ukraine
  • data
  • Production
  • GCW402

Cementos Argos breaks production record in the Dominican Republic

25 April 2019

Dominican Republic: Cementos Argos says it had broken its production record at its 0.54Mt/yr Najayo grinding plant. The plant produced 50,194t in one month, its highest rate in 20 years. The Colombian company operates two ready-mix concrete plants and a cement grinding plant in the country.

Published in Global Cement News
Tagged under
  • Dominican Republic
  • Cementos Argos
  • grinding plant
  • record
  • Production
  • GCW402

Cement shortage in Senegal due to breakdown at SOCOCIM plant

25 April 2019

Senegal: The Ministry of Commerce says that a shortage of cement should be averted by the end of April 2019. A breakdown in the clinker production line at the SOCOCIM plant in Rufisque has led to reduced supplies, according to Senegal Direct. The subsidiary of France’s Vicat is arranging imports of clinker in the meantime.

Published in Global Cement News
Tagged under
  • Senegal
  • Sococim
  • VICAT
  • Plant
  • breakdown
  • Import
  • Shortage
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