Cement Update - jmbaxi.com

Monthly Report September 2021 | 1

Monthly Report - SEPTember 2021

Cement Update

J . M . B A X I . & C O .

M A R I N E S E R V I C E S


Disclaimer: The information contained in this market update is drawn from wide range of newspapers, business and trade magazines, government, company and industry association websites. While all possible care is taken to verify the correctness and authenticity of information contained in this compilation, no claim to independent authorship of articles is implied or intended. Readers are expected to make their own independent evaluation and verification of information for their use. While all information contained in this report are believed to be correct, the editors of this compilation or J. M. BAXI & CO. do not guarantee the quotes or other data.

TABLE OF CONTENTS

Odisha approves Jajpur cement projects

Indian cement prices down 4% MoM

Gujarat Sidhee Cement suspends Sidheegram cement plant’s clinkerproduction for maintenance work

Ambuja Cements launches Concrete Future Laboratories

Tamil Nadu government launches Valimai cement

JK Cement to invest US$410m to expand capacity to 23Mt/yr by 2023

Dalmia Cement to invest US$104m in new cement capacity in Jharkhand

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PORTANALYSIS

Cement Traffic at Indian Ports(Qty in Millions Tonnes)


CEMENT TRAFFIC AT INDIAN PORTS (QTY IN METRIC TONNES)

Port Name Apr - July 21 Apr- July 20 Variance Y-o-Y

BEDI 52602 0 52602

CHENNAI 2200 0 2200

COCHIN 337172 306889 30283

DHARAMTAR 182182 57400 124782

GOPALPUR 75000 25000 50000

JNPT 230511 99475 131036

KAKINADA 6300 156562 -150262

KANDLA 35000 1504 33496

KRISHNAPATNAM 440628 287800 152828

MANGALORE 120271 118500 1771

MUMBAI 15880 4608 11272

MUNDRA 103252 0 103252

PARADIP 131050 0 131050

PIPAVAV 502517 604791 -102274

PORBANDAR 16500 11500 5000

PORT BLAIR 13000 0 13000

Grand Total 2264064 1812909 451156


CEMENT IMPORTS - August 2021 (QTY IN METRIC TONNES)

Row Labels COASTAL SRI LANKA

AMBUJA CEMENT LTD. 33147

PENNA CEMENT INDUS. LTD. 25000

SANGHI CEMENTS LTD. 2330

ULTRATECH CEMENT LTD. 50629 7500

CEMENT EXPORTS - August 2021 (QTY IN METRIC TONNES)

EXPORTERS COASTAL MAURITIUS SRI LANKA Grand Total

AFCONS INFRASTRUCTURES LTD. 1391 1391

PENNA CEMENT INDUS. LTD. 50000 54900 104900

SAURASHTRA CEMENT LTD. 2150 2150

ULTRATECH CEMENT LTD. 68500 92000 160500

GRAND TOTAL 120650 1390 146900 268941


HIGHLIGHTSHIGHLIGHTS

• Odisha approves Jajpur cement projects

• Indian cement prices down 4% MoM

• Gujarat Sidhee Cement suspends Sidheegram cement plant’s clinker

• production for maintenance work

• Ambuja Cements launches Concrete Future Laboratories

• Tamil Nadu government launches Valimai cement

• JK Cement to invest US$410m to expand capacity to 23Mt/yr by 2023

• Dalmia Cement to invest US$104m in new cement capacity in Jharkhand


• The project represents an investment of INR6.5bn

The state government of Odisha, India, has approved the proposal of My Home Industries Pvt Ltd to set up a 3Mta cement grinding unit at

Odisha approves Jajpur cement projects

Badchana, Jajpur district. The project represents an investment of INR6.5bn (US$88.9m). Ramco Cements Ltd’s INR1.9bn project to expand its existing facility at Haridaspur, Jajpur district, with a 0.9Mta grinding plant was also cleared by the State Level Single Window Clearance Authority meeting.

Source: Cement News


• At an all-India level, cement prices fell four per cent MoM basis from INR369 (US$4.98)/50kg bag in July to INR356/bag in August, according to Kotak Institutional Equities.

Indian cement prices down 4% MoM

Central India was the least hit with a price correction of INR3/ bag in August, while some regions have recorded drops as steep as INR30/

bag. “Dealers in large states like Madhya Pradesh and Uttar Pradesh report a strong pick-up in trade sales in August after a weak July 2021 led by the monsoon. Dealer feedback for central also suggests improved rural demand, higher individual home building demand from incomplete projects and revival of infrastructure demand with the restart of government projects,” said Kotak Institutional Equities said in a report.

Source: Cement News


• - Shut down of cement plant for 17 – 20 days

Gujarat Sidhee Cement suspends Sidheegram cement plant’s clinker production for maintenance work

Gujarat Sidhee Cement has shut down the kiln line of its Sidheegram, Gujarat, cement plant for 17 – 20 days. India InfoLine News Service has

reported that the company will carry out routine maintenance on the plant during the shutdown. It says that grinding and dispatch of cement will continue as usual.

Source: Global Cement News


• Eight laboratories across India will enable them to test various aspects of cement and concrete.

Ambuja Cements launchesConcrete Future Laboratories

Ambuja Cements has launched Concrete Futures Laboratories, a one-stop solution for the architecture, engineering and construction (AEC) professionals. Eight laboratories across India will enable them to test various aspects of cement and concrete. CEO Neeraj Akhoury said “Our strong credentials in research and development and

innovation have helped us develop new products and services tailored to our customers’ needs. We consistently work towards developing cutting-edge solutions for our stakeholders, and the Concrete Futures Laboratory is a testament to our efforts. We aim to create an ecosystem that is focused on collaboration and inclusive growth to build a better and sustainable tomorrow.”



• It is currently targeting a total cement capacity of 19Mt/yr with the establishment of a planned 10Mt/yr plant.

Tamil Nadu government launches Valimai cement

The state government of Tamil Nadu has announced the launch of a new cement, called Valimai, by one of its subsidiary cement producers. The United News of India agency

has reported that the government anticipates a drop in cement prices as a result of the launch. It is currently targeting a total cement capacity of 19Mt/yr with the establishment of a planned 10Mt/yr plant. On mid-June 2021, the state government asked cement producers operating locally to lower their prices.



• The company is in the process of establishing a 2Mt/yr integrated plant at Panna in Madhya Pradesh.

JK Cement to invest US$410m to expand capacity to 23Mt/yr by 2023

JK Cement plans to invest a total of US$410m in two new cement plant projects to expand its total production capacity to 23Mt/yr from 15Mt/yr. The Economic Times newspaper has reported that the company is in the process of establishing a 2Mt/yr integrated plant at Panna in Madhya Pradesh. It is in the process of establishing a second new integrated plant at Hamirpur in Uttar Pradesh, also with a capacity of 2Mt/yr. Both

plants are scheduled for commissioning in 2023. The investments aim to increase the company’s presence in the northern and central Indian cement markets. 12Mt/yr of its current capacity is located in the region, compared to 3.0Mt/yr in the south. Chief executive officer Madhav Singhania said “While the northern market is very attractive in terms of demand and capacity utilisation, we have the capabilities to become a market leader in the central region.” In 2020, JK Cement’s average capacity utilisation was between 75% and 80%.



• The producer’s plans consist of a US$68.5m upgrade and capacity expansion to its Bokaro cement grinding plant.

Dalmia Cement to invest US$104m in new cement capacity in Jharkhand

Dalmia Cement has signed three memoranda of understanding with the state government of Jharkhand. The memoranda provide that the Dalmia Bharat subsidiary will invest US$104m in expanding its cement operations in the state. The producer’s plans consist of a US$68.5m

upgrade and capacity expansion to its Bokaro cement grinding plant. The project will increase the existing production line’s capacity to 3.7Mt/yr and add a new grinding line, bringing the total plant’s capacity to 6.3Mt/yr. In addition the cement producer will spend US$34m towards building a solar power plant and the remainder will be spent on setting up a waste management facility.

Source: Global Cement New


Reports for September 2021

J. M. BAXI. & CO. Monthly Agri Products Update

J. M. BAXI. & CO. Monthly Automotive Logistics Update

J. M. BAXI. & CO. Monthly Cement Update

J. M. BAXI. & CO. Monthly Chemical Update

J. M. BAXI. & CO. Monthly Coal Update

J. M. BAXI. & CO. Monthly Container Update

J. M. BAXI. & CO. Monthly Cruise Shipping Update

J. M. BAXI. & CO. Monthly Edible oil and Extractions Update

J. M. BAXI. & CO. Monthly Fertilizer Update

J. M. BAXI. & CO. Monthly LNG & LPG Update

J. M. BAXI. & CO. Monthly Mineral and Metal Update

J. M. BAXI. & CO. Monthly Oil and Petroleum Update

J. M. BAXI. & CO. Monthly Port Update

J. M. BAXI. & CO. Monthly Project Cargo Update

J. M. BAXI. & CO. Monthly Seaferer Insight Update

J. M. BAXI. & CO. Monthly Steel Update


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Cement Update - jmbaxi.com

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