
India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment
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29.06.2022UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino, the document showed. It cites an invoice dated June 5 that values the cargo at 172,652,900 yuan ($25.81 million).
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28.05.2012Since 2010, Syria's imports of thermal coal to make cement and fuel captive power plants have risen from almost nothing to around 1 million tonnes a year. A cement plant operated by France's
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08.07.2022There is no suggestion that the purchase, the particulars of which have not previously been reported, in any way breaches sanctions imposed on Russia in the wake of its invasion of Ukraine - Business Standard - Fact Check and Transparency Report (India)
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29.06.2022UltraTech Cement is importing a cargo of Russian coal and paying using Chinese yuan. 3 min read . Updated: 29 Jun 2022, 03:22 PM IST Sudarshan Varadhan, Aftab Ahmed, Nupur Anand, Reuters
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08.07.2022According to the invoice dated June 5 and a source familiar with the matter, HDFC Bank backed cement maker Ultratech's purchase of Russian coal from producer and trader SUEK for 172.7-million
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UltraTech Cement is paying for Russian coal using Yuan, a rare payment method that traders say could become more common as Russia explores options amid US sanctions against it. Representational image.
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10.11.2020Korean-based SungShin Cement has chosen the HOTDISC solution for two of its production lines as the company transitions from coal to alternative fuel.. In a new EP contract with SungShin Cement, will deliver two HOTDISC Combustion Devices to their kiln lines 3 and 6 in 2021 - the first is expected to be commissioned in mid-2021 and the
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The Syradasayskoye coal field is located 105-120 km south-east of the village of Dikson on Taimyr, field reserves are estimated at more than 5 billion tons. The first 200 thousand tons of coal are planned to be shipped in 2021. In 2022, it will produce 1.25 million tons of coal. Initiator: Severnaya Zvezda. Investment: about 100 billion RUB
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29.06.2022India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment method that traders say could become more common. UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on
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29.06.2022UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino, the document showed. It cites an
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29.08.2021According to calculations, a large amount of energy from coal is used to produce cement, of which it takes about 200 kg of coal to produce one ton of cement and about 300-400 kg of cement to produce one cubic meter of concrete. In addition to being a fuel, industrial coal also contributes to being one of the raw materials involved in the
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08.04.2022The EU imports 20 Million euros of Russian coal daily, a fraction of what it pays for Russian oil and gas. Measures also include an import ban for Russian timber, cement and vodka, prohibits entry for Russian ships to EU ports and a full transaction ban on four key Russian banks.
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30.06.2022The cement maker purchased 157,000 tonnes of coal from Russian coal miner SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino, with the value amounting to 172,652,900 yuan ($25.81 million), showed in an invoice dated June 5 in the document. Two market sources said that this cargo was
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08.03.2022Today, President Biden will sign an Executive Order (E.O.) to ban the import of Russian oil, liquefied natural gas, and coal to the United States – a significant action with widespread
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At present, most cement plants use coal as the main fuel in the clinker production process. The standard coal consumed by the new dry process for producing 1 ton of cement clinker is usually between 100 kg and 130 kg, and the fuel cost accounts for about 15% of the cement production cost.
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10.08.2022Quick Summary. The yuan accounted for 31% of the non-US dollar payments for Russian coal in June and the Hong Kong dollar for 28%. In one of those three deals, Jindal Steel and Power Ltd imported 79,721 metric tons of so-called PCI coal in the vessel Zheng Kai from Russia's Ust-Luga port using yuan, according to the two sources.
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27.04.2022The coal embargo is included in the fifth package of EU sanctions against the Russian Federation. It will come into effect from August 2022. Russia supplies coal to EU countries for 8 billion euros annually and there is no alternative. Against this background, Moscow plans to increase exports to markets in the Asia-Pacific region. Source: Riafan
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07.07.2022According to the invoice dated June 5 and a source familiar with the matter, HDFC Bank backed cement maker Ultratech's purchase of Russian coal from producer and trader SUEK for 172.7 million yuan
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10.08.2022It has depended on Russia for around 45% of its coal imports, according to Commission data, with Germany, Poland and the Netherlands the biggest buyers. Almost 70% of its thermal coal, which
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30.06.2022UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino, the document showed. It cites an invoice dated June 5 that values the cargo at
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08.07.2022Citing an invoice dated June 5 and a source familiar with the matter, Reuters reported that HDFC Bank backed cement maker Ultratech's purchase of Russian coal from producer and trader SUEK for 172.7 million yuan ($25.74 million). The HDFC Bank's Mumbai branch of Andheri East issued the letter of credit for the deal, according to the
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02.02.2022Update on Russia, February 2022. Written by David Perilli, Global Cement 02 February 2022. Print. Russia made imports easier last week. At the end of January 2022 an order from Rosstandart, the national standisation agency, relaxed inspection controls allowing for simpler imports from countries outside the Eurasian Economic Union (EAEU).
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infojcement.ru. +7 (812) 242-11-24. PetroCem is a major event in the global cement industry. The conference welcomes leading cement producers, equipment manufacturers, sales and engineering companies, logistics enterprises, bankers and analysts. The conference brings up the most relevant topics in the modern cement industry for the
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29.06.2022NEW DELHI, June 29 (Reuters) - India's biggest cement producer, UltraTech Cement ULTC.NS, is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs
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29.06.2022India's biggest cement producer is to pay for a $26 million cargo of Russian coal with Chinese yuan. In what could be a groundbreaking move, UltraTech Cement's purchase could help insulate Moscow from the effects of western sanctions imposed on Russia over its invasion of Ukraine if others follow its lead. It could also bolster Beijing's
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30.06.2022But, in yet another example of the far-less-unified-than-Biden-claims new world order, it appears Indian industrialists have no problem dealing with Putin for their key materials.. The latest example comes from India as Reuters reports that UltraTech Cement – India's biggest cement producer – is importing a cargo of Russian coal and paying for it using Chinese Yuan.
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27.04.2022"The new restrictive measures include large-scale sanctions on the supply of goods, including coal imports, as well as goods (timber, cement, seafood, caviar), which are an important source of income for Russia. The Swiss Federal Council said that the export to Russia of goods that help strengthen Russia's industrial potential (for example, industrial robots and
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The Argus Russian Coal service is a weekly English-language report covering coal exports from Russia. The publication features a detailed overview of the Russian coal export market including price assessments, netbacks, coal production data, transportation, actual shipments broken down by port and producer, exclusive market news and much more.
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30.06.2022Updated Jun 30, 2022 | 01:21 PM IST UltraTech Cement is importing a cargo of Russian coal and the payment for the same will be made in Chinese yuan. UltraTech is bringing in 1,57,000 tons of coal from Russian producer SUEK. The company is buying Russian coal at $164/Tonne and the value translates to a $25.81 million payment.
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30.06.2022UltraTech Cement is importing a cargo of Russian coal and the payment for the same will be made in Chinese yuan. UltraTech is bringing in 1,57,000 tons of coal from Russian producer SUEK. The company is buying Russian coal at $164/Tonne and the value translates to a $25.81 million payment. The deal price is a 50% discount on South African coal
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