India: Cement Production Growth Declines in First 10 Months of Fiscal Year

2007-03-16 00:00:00
< DIV > NEW DELHI-India's cement industry experienced supply side constraints in the first ten months of the fiscal year (2006.4-2007.1), resulting in a slowdown in cement production growth.
< DIV > Cement production in the first ten months of this fiscal year (2006.4-2007.1) reached 131.88 million tons, an increase of 9.5%, according to a data released yesterday. Cement production grew by 11.4% in the same period last fiscal year.
< DIV > In January 2007, the growth of cement production declined to only 6.8%, which was less than half of the 15.4% growth in the same period of 2006. Data show that cement production reached 14.5 million tons in January 2007, 13.57 million tons in January 2006 and 117,600 tons in January 2005.
In the first ten months of this fiscal year, the growth of cement production declined in five months. Including January 2007, the growth of cement production also declined in May, June, August and December 2006, with the most obvious decline in August. In the same month, affected by the rainy season, cement production increased by only 2.3%, compared with 19.3% in the same period last year.
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Correlation

Data from the Ministry of Commerce and Industry show that India's cement production in the first half of 2019 increased by 6.3% year-on-year to 至1.78 million tons, compared with 167 million tons in the same period in 2018. On a monthly basis, production declined by 1.5% to 28.3 million tonnes in June 2019 from 2.88 million tonnes in June 2018.

2019-08-02 10:57:30

As an energy-intensive industry, the cement industry accounts for 5% of global carbon dioxide emissions, requiring up to 4.7 million BTU of energy per ton of clinker, equivalent to about 180 kilograms of coal. This is the key reason why it needs to always be alert to its destructive role in the environment.

2018-12-03 10:11:11

Recently, 11 cement companies in India were punished by the country's Competition Commission for their cartelization (that is, the formation of a cartel). Ten of them have appealed to the court for adjustment.

2012-09-14 00:00:00

UltraTech Cement, India's largest cement producer, has appealed to the Indian government to help its cement industry out of trouble. It is reported that India's cement industry has entered a challenging era due to soaring operating costs and slowing demand.

2012-09-06 00:00:00

India Cements, the largest cement producer by sales in southern India, has received approval from the country's environment department to expand the production capacity of its two cement plants.

2012-06-21 00:00:00

On June 15, local time in India, Jaypee Group announced on the same day that it planned to raise funds by diluting a minority stake in Jaypee Cement Company to support the expansion and maturing debt of a private equity company.

2012-06-19 00:00:00

Jaiprakash Associates, a cement subsidiary of India's Jaypee Group, is preparing to sell its stake to investors including Singapore's Temasek Holdings to raise funds to repay its debts. According to Reuters, Jaypee Group has been in contact with several potential investors about selling its stake in Jaiprakash.

2011-11-09 00:00:00

On September 26, Reuters reported that due to large stocks at ports, Indian users are expected to receive several tenders and inquiries for imported spot thermal coal at low prices. India has stockpiled more than 12 million tons of thermal coal, and at least 7 million to 8 million of the final imports will not be sold, the country's leading import trader said last week.

2011-09-27 00:00:00

ACC, India's second largest cement producer, announced Monday that its cement loading in July rose 28% from last year to 2 million tons, Reuters reported.

2011-08-02 00:00:00

India's western regions will face higher prices for cement, and Indian cement companies have planned to raise the price of 50 kilograms of cement by 10 rupees from February 1 due to the lack of railway freight cars.

2011-01-30 00:00:00

2008-01-28 00:00:00

CEMPI

94.8

0 0%

CONCPI

88.80

-0.64 -0.72%

CLKPI

97.46

0.00 0.00%

SPPI

44.52

-0.26 -0.58%

MORPI

73.32

0.00 0.00%

On June 15, the launching ceremony of 2026 Hubei Energy Conservation Publicity Week was held in Han. Deng Xikun, Director of Cement Business of Huaxin Building Materials and Secretary-General of Provincial Cement Association, read out the Proposal for Energy Conservation and Carbon Reduction on behalf of Huaxin. As a benchmark enterprise of green low-carbon development in building materials industry, Huaxin will further cultivate carbon reduction technology, iterate green products, export industry standards, and promote the green transformation of the whole chain of building materials.