Pakistan’s cement dispatch -7.8% in 9M 2024
In the first 9 months of 2024, Pakistan’s cement dispatch (local and exports) declined by 7.8% to 31.695 Mt, after 34.382 Mt in the same period last year and 35.056 Mt in the year before.
Tag South Asia
Bangladesh’s Confidence Cement to install 1.8 Mta plant
Bangladesh’s Confidence Cement is building a new 1.8 Mta cement grinding plant at Narsingdi to meet future demand in Dhaka. The CCDL plant is under construction and shall be operational beginning of next year. The costs for the plant are…
India’s Adani Group invests in standardized plants
India’s Adani Cement Group plans to expand its capacity from 88.9 Mta (incl. Penna Cement) to 140 Mta by 2028. In the company’s roadmap, out of the total expansion 81% shall be with greenfield projects, while only 19% shall be…
India’s Ambuja joins decarbonisation alliance
India’s Ambuja Cement, part of the diversified Adani Group, has joined the Alliance for Industry Decarbonization (AFID) – a global platform which aims to accelerate the net zero transition in energy-intensive sectors, like cement, in accordance with the Paris Agreement.…
Pakistan’s cement consumption -11.4% in 8M 2024
In the first 8 months of 2024, Pakistan’s cement consumption declined by -11.4% to 23.541 Mt, after 25.569 Mt in the same period last year and 28.367 Mt in the year before.
Pakistan’s cement dispatch -7.9% in 8M 2024
In the first 8monrths of 2024, Pakistan’s cement dispatch (production) declined by -7.9% to 28.155 Mt, after 30.578 Mt in the same period last year and 30.772 Mt in the year before.
India’s Adani Group plans more split grinding units
Ambuja Cement, which is part of India’s diversified Adani Group, announced a 6.0 Mta split grinding plant in Bihar for a Rs. 1600 Cr investment. The Warisaliganj cement grinding unit will be implemented in three phases with the first phase…
India’s JK Cement expands its capacity by 6.0 Mta
India’s JK Cement has 4 projects to expand its cement capacity by 6.0 Mta. After setting-up the Prayagraj grinding unit (we reported 26. June 2024) the company ordered the main machinery for the 3.3 Mta clinker production and 1.0 Mta…
India’s UltraTech has raised a US$ 500m ‘green’ loan
India’s UltraTech Cement, which is part of the Aditya Birla Group, has raised $500 million (about ₹4,000 crore) through a sustainability-linked loan. Lenders for the financing procedure include Sumitomo Mitsui Banking Corporation (SMBC), SBI, BNP Paribas, DBS, MUFG and Mizuho.…
India’s Adani Group sells 2.8% of its share in Ambuja
Last Friday, India’s Adani Group sold 2.84 % of its equity capital in Ambuja Cement, which has a value of about US$ 500m. After the deal, the Adani family will still own 67.5% of the shares of the company. US…