Pakistan’s cement consumption -7.6% in 5M 2024
In the first 5 month of the calendar year 2024, Pakistan’s cement consumption declined by -7.6% to 15.247 Mt, after 16.503 Mt in the same period 2023 and 18.592 Mt the year before.
Tag South Asia
India’s Adani Group buys Penna Cement
India’s Adani Group will acquire Penna Cement for Rs 10,422 crore. The deal includes the purchase of 100% shares of Penna Cement Industries Ltd (PCIL) from its current owners, P Pratap Reddy and family. PCIL has an operational cement production…
Pakistan’s cement exports +32.2% in 5M 2024
In the first 5 months in calendar year 2024, Pakistan’s cement exports increased by 32.2% to 2.980 Mt, after 2.254 Mt in the same period in last year and 1.579 Mt the year before.
Pakistan’s cement dispatch on a recovery in 5M 2024
In the first 5M in calendar year 2024, Pakistan’s cement dispatch (production) still declined by -2.8% to 18.227 Mt, after 18.757 Mt in same period last year, but the May dispatch alone showed an YoY increase of +7.8% to 4.275…
India’s Sagar Cement will upgrade 3 cement plants
India’s Sagar Cement will upgrade three cement plants to increase its cement capacity from 10.5 Mt to 12.0 Mt mainly with upgrades and through debottlenecking. The Dachepalli plant which is part of subsidiary Andrah Cement (photo) will be expanded from…
India’s JSW Cement proposed new greenfield plant
JSW Cement intends to establish a new greenfield cement complex in Naguar in the North of India. The integrated plant shall have an initial capacity of 3.3 Mta. The exact timeline has not been given. JSW has a capacity of…
Pakistan’s cement exports with large increase by 4M 2024
From January to April 2024, Pakistan’s cement exports increased by +19.3% to 2.062 Mt, after 1.728 Mt in the same period last year and 1.408 Mt, two years before.
Pakistan’s local cement dispatch -9.0% 4M 2024
From January to April 2024, Pakistan’s local cement dispatch (which is a benchmark of the consumption) declined by -9.0% to 11.890 Mt, after 13.064 Mt in the same period last year. Two years before, the local dispatch has been 15.442…
India’s UltraTech Cement acquired Parli grinding unit
The Board of Directors of India’s UltraTech approved the acquisition of the Parli grinding unit in Maharashtra, from India Cements for Rs 315 crore. The unit has a capacity of 1.1 Mta along with a captive railway siding. Ultratech has…
India’s UltraTech with IKN’s 14th cooler installation
IKN India announced that they successfully commissioned the 14th cooler installation at UltraTech Cement. The IKN Pendulum clinker cooler (photo: cooler section) has been supplied to the Kukurdih greenfield cement plant in Sarkpar, Chhattisgarh, which has a capacity of 3.5…