Displaying items by tag: India
Fake UltraTech website revealed
22 January 2020India: A 20 year old man has been arrested in Nalanda, Bihar for allegedly creating a fake UltraTech Cement website. The individual reportedly took payment for cement and then ceased contact, leaving genuine UltraTech Cement representatives in the state with angry enquiries. UltraTech then reported the site to police.
Police have stated that the arrested man, Rohit Kumar Balram Prasad, has been charged under sections 482 (using false property mark), 483 (counterfeiting a property mark used by another), 419 (cheating by personation) among others of the IPC and the Information Technology Act. They added that further arrests are expected.
India: France-based Imerys has announced the acquisition of calcium silicate producer Hysil by its subsidiary Calderys Indian Refractories from CK Birla Group for Euro10.1m. SeeNews has reported that the expansion to Imerys’ Indian operations is aimed at securing lower prices for raw materials for use in high temperature insulation in various industries, especially the cement sector.
Mangalam Cement installs 5.15MW WHR plant at Morak cement plant
16 January 2020India: Mangalam Cement has completed the installation of a 5.15MW WHR plant at its 1.0Mt/yr Morak cement plant in Adityanagar, Rajasthan. Accord Fintech newspaper has reported that a further 5.85MW expansion to the power plant will be commissioned in early 2020.
Chettinad Cement Corp. Pvt. Ltd. orders Gebr. Pfeiffer mill
16 January 2020India: Gebr. Pfeiffer has announced that it has received an order for one MVR 6000 C-6 roller mill for Chettinad Cement Corp. Pvt. Ltd.’s upcoming 2.0Mt/yr Vishakapatnam granulated blast-furnace slag (GBFS) and slag cement
Grinding plant in Andhra Pradesh. Gebr. Pfeiffer said the mill will grind slag and cement to a fineness of between 3000 and 3800 blaine at a rate of between 235t/hr and 340t/hr. It says the mill improves plant availability by the active redundancy of the grinding rollers, enabling mill operation with reduced rollers in the event of maintenance work or a malfunction.
Value of Bangladeshi cement exports falls by 13% year-on-year
15 January 2020Bangladesh: Producers exported US$5.03m-worth of cement and clinker from Bangladesh in the six months to 31 December 2019 - down by 13 from US$5.75m in the corresponding period of 2018 and 1.6% below the government’s target of US$5.11m. Arab News has reported that the recipients of Bangladeshi cement and clinker included India, Myanmar, Nepal, the Maldives and Sri Lanka.
India’s installed capacity set to exceed 500Mt/yr in 2020
15 January 2020India: Integrated cement and grinding plants expansions by companies including Dalmia Bharat, JK Cement and Aditya Birla subsidiary UltraTech of an additional 23Mt/yr are set to bring India’s total installed cement capacity to 508Mt/yr by the end of 2020. Business Standard newspaper has reported that steady prices year-on-year and ‘softening input costs’ have facilitated the expansions in spite of a ‘flattish trend in industry-wide volume growth.’
Village meeting to record public opinion of Dalmia Bharat mining expansion proposals
14 January 2020India: Dalmia Bharat has successfully lobbied the Sundargarh, Orisha district government to request the inclusion of the company’s proposed 446 acre expansion to its Lanjiberna limestone and dolomite mine in the agenda of a village meeting in Kukuda, in which public opinion and suggestions will be recorded. The New India Express Newspaper has reported that, due to the special status of Kukuda as a Scheduled Tribal area, the village meeting forms a necessary preliminary step prior to district government permission of planned works. In October 2018, villagers in nearby Jhagarpur successfully blocked construction of Dalmia Bharat’s proposed Industrial Training Institute. The Lanjiberna mine will serve Dalmia Bharat’s 2.3Mt/yr integrated Rajgangpur plant, which was completed in 2019 at a cost of US$281m and awaits commissioning.
India: The Confederation of Indian Industry (CII) has lobbied the government in its Pre-Budget Memorandum 2020-21 over customs duties. The body is suggesting a reduction on the customs duty on packaging for use in bagging cement to 5% from 10%. There is currently no import tax on cement and duties of 5% and below on various clinker constituents.
UltraTech Cement power plans cleared
13 January 2020India: The state government of Maharashtra has granted Aditya Birla Group subsidiary UltraTech Cement environmental clearance for a planned 16MW waste heat recovery (WHR) generator at its 3.6Mt/yr integrated Awarpur plant in Chandrapur district. Projects Today has reported that the state’s Environmental Impact Assessment Authority has also cleared the company’s plan to expand its Korpana coal-fired power plant in Chandrapur to 15MW from 10MW. The producer will place orders for construction contracts in February 2020.
Fortune Business Insights forecasts cement market growth
06 January 2020India: Market researcher Fortune Business Insights has forecasted market growth of 5.2% in the cement industry to US$463bn in 2026 from US$313bn in 2019. It conjectured that global improvements in road quality and investments in high-grade products will drive growing demand. The industry will meet this demand through advances in cement production and a reduction in the number of companies consolidating operations.
In India, the government’s ‘Housing for All by 2020’ scheme is set to kick-start consumption.
Fortune Business Insights' report is available here.