The Association Of Bhutanese Industries reports that the shortage of railway rakes to carry raw materials from India to Bhutan is now affecting other industries with the ferroalloy and calcium carbide industries now hit. These industries import charcoal mostly from states in southern India, such as Tamil Nadu and Andhra Pradesh.
The delay has meant that raw materials are now taking up to 20 days to arrive against seven to 10 days previously. Bringing in raw materials by trucks is not an option because of frequent strikes and mechanical problems faced on the way.
“We’re expecting the government to take up the matter urgently as, irrespective of the status of the plant, the industrialist has to pay a fixed cost,” said the ABI secretary general, Letho. However there are fears amongst some industrialists that plants may have to close if the issue is not addressed.
Showing posts with label cacium carbide. Show all posts
Showing posts with label cacium carbide. Show all posts
Monday, February 22, 2010
Friday, January 22, 2010
China To Eliminate Outdated Production Capacity
The government will step up efforts to eliminate outdated production capacity, said a statement issued by the State Council on Wednesday.
Eliminating outmoded production capacity was imperative to transform the economic growth pattern, boost economic growth quality and fight the global downturn, said the statement issued after a State Council executive meeting chaired by Premier Wen Jiabao.
Eliminating outdated production capacity was also necessary to promote energy efficiency and emissions cuts and address global climate change, the statement said.
China had made positive progress in eliminating outdated production capacity, but the proportion of outdated capacity was still too high in certain key fields, said the statement.
The problems should be tackled through the law, economics, technology and necessary administrative methods.
The State Council discussed specific targets to eliminate outdated capacity in fields such as electricity, coal, coke, ferroalloy, calcium carbide, iron and steel, non-ferrous metals, construction materials and light industry and textile industry.
To realize the targets, efforts should be made to improve market admission requirements, use market mechanisms, strengthen law enforcement, promote stimulus mechanisms and step up supervision, according to the decision reached at the meeting.
Source: Xinhua
Eliminating outmoded production capacity was imperative to transform the economic growth pattern, boost economic growth quality and fight the global downturn, said the statement issued after a State Council executive meeting chaired by Premier Wen Jiabao.
Eliminating outdated production capacity was also necessary to promote energy efficiency and emissions cuts and address global climate change, the statement said.
China had made positive progress in eliminating outdated production capacity, but the proportion of outdated capacity was still too high in certain key fields, said the statement.
The problems should be tackled through the law, economics, technology and necessary administrative methods.
The State Council discussed specific targets to eliminate outdated capacity in fields such as electricity, coal, coke, ferroalloy, calcium carbide, iron and steel, non-ferrous metals, construction materials and light industry and textile industry.
To realize the targets, efforts should be made to improve market admission requirements, use market mechanisms, strengthen law enforcement, promote stimulus mechanisms and step up supervision, according to the decision reached at the meeting.
Source: Xinhua
Thursday, September 10, 2009
Indian Steel Downturn Hits Bhutan Carbide And Chemicals
Forty employees of the Pasakha-based Bhutan Carbide and Chemicals Ltd. (BCCL), started by the Tashi group of companies, are home on what should be a normal workday.
BCCL laid off these 40 employees recently, because the company is not doing well for the first time in almost two decades of its operation, according to BCCL chairperson, Tobgyal Dorji. “We had to downsize because the market situation after the global recession hasn’t improved.”
The company produces calcium carbide, which is used to manufacture acetylene gas for welding purposes, and silico manganese, an essential raw material for steel. Most of BCCL products go to steel industries in India, which have been severely hit by recession, with declining consumption and rising stocks at warehouses.
“Many Indian manufacturing companies that use our products aren’t producing at an optimum level,” said the chairperson. “No matter how efficiently we produce, the market prices aren’t moving up and our cost of production is shooting.”
He said downsizing was not the only issue that the company was dealing with. “At present, we’re looking very deeply into cutting costs in other areas, such as consumption, production and procurement, until the situation improves,” he said. “We’re selling the material at a loss.”
BCCL has 440 employees and is considered one of the most profitable companies in the country today. Tashi group holds 52 percent equity in BCCL, the rest is held by financial institutions and the public. In 2004, BCCL was said to have invested Nu 1,000m to produce new products such as low carbon silico manganese. BCCL started commercial production in mid-1988.
“The company was doing exceptionally well for the past many years but, after the recession, our performance hasn’t been good. We’re taking these actions to make the company more efficient and productive,” said Tobgyal Dorji.
BCCL contributed Nu 13.703m as corporate income tax for the 2008 income year. Which means that the company had made a profit of about Nu 45.677m that year.
In 2007, the company had made a profit of about Nu 21.3m. The company is among the top five taxpayers in Phuentsholing, said a revenue and customs official.
“This year the company is looking at a loss. But the exact figure and situation would be known during a board meeting this month,” said chairperson Tobgyal Dorji. “The Indian manufacturers have reduced their tonnage and we’re unable to sell our products. It’s difficult to operate until the market turns around.”
Source: Kuensel
BCCL laid off these 40 employees recently, because the company is not doing well for the first time in almost two decades of its operation, according to BCCL chairperson, Tobgyal Dorji. “We had to downsize because the market situation after the global recession hasn’t improved.”
The company produces calcium carbide, which is used to manufacture acetylene gas for welding purposes, and silico manganese, an essential raw material for steel. Most of BCCL products go to steel industries in India, which have been severely hit by recession, with declining consumption and rising stocks at warehouses.
“Many Indian manufacturing companies that use our products aren’t producing at an optimum level,” said the chairperson. “No matter how efficiently we produce, the market prices aren’t moving up and our cost of production is shooting.”
He said downsizing was not the only issue that the company was dealing with. “At present, we’re looking very deeply into cutting costs in other areas, such as consumption, production and procurement, until the situation improves,” he said. “We’re selling the material at a loss.”
BCCL has 440 employees and is considered one of the most profitable companies in the country today. Tashi group holds 52 percent equity in BCCL, the rest is held by financial institutions and the public. In 2004, BCCL was said to have invested Nu 1,000m to produce new products such as low carbon silico manganese. BCCL started commercial production in mid-1988.
“The company was doing exceptionally well for the past many years but, after the recession, our performance hasn’t been good. We’re taking these actions to make the company more efficient and productive,” said Tobgyal Dorji.
BCCL contributed Nu 13.703m as corporate income tax for the 2008 income year. Which means that the company had made a profit of about Nu 45.677m that year.
In 2007, the company had made a profit of about Nu 21.3m. The company is among the top five taxpayers in Phuentsholing, said a revenue and customs official.
“This year the company is looking at a loss. But the exact figure and situation would be known during a board meeting this month,” said chairperson Tobgyal Dorji. “The Indian manufacturers have reduced their tonnage and we’re unable to sell our products. It’s difficult to operate until the market turns around.”
Source: Kuensel
Thursday, July 23, 2009
Calcium Carbide Cartel Fined 61 Million Euros
European Union antitrust regulators have imposed a combined fine of 61 million euros ($87 million) on nine companies for forming a calcium carbide cartel in breach of EU rules.
The cartel fixed prices and share markets for calcium carbide powder and granules and magnesium granulates in a large part of the European Economic Area between 2004 and 2007, the European Commission said in a statement on Wednesday. The companies are Almamet, Donau Chemie, Ecka Granulate, Holding Slovenske elektrarne, which formerly owned TDR Metalurgija), Novacke chemicke zavody and its former parent 1.garantovana, German steel industry supplier SKW Stahl-Metallurgie and its former parent companies Evonik Degussa and Arques industries.
Calcium carbine powder and magnesium granulates are used in the steel industry for desulphurisation or deoxidation purposes. Calcium carbine granulates are used for the production of acetylene, a welding gas.
Paint company Akzo Nobel was not fined because it blew the whistle on the cartel. Evonik Degussa saw its fine rise by 50 percent because of similar infringements in the past.
SKW Stahl-Mettalurgie was given a 13.3 million euro fine. It shares were down 5.6 percent to 12.84 euros in mid-day trading. Akzo was 0.47 percent off at 33.73 euros.
Source: Reuters
The cartel fixed prices and share markets for calcium carbide powder and granules and magnesium granulates in a large part of the European Economic Area between 2004 and 2007, the European Commission said in a statement on Wednesday. The companies are Almamet, Donau Chemie, Ecka Granulate, Holding Slovenske elektrarne, which formerly owned TDR Metalurgija), Novacke chemicke zavody and its former parent 1.garantovana, German steel industry supplier SKW Stahl-Metallurgie and its former parent companies Evonik Degussa and Arques industries.
Calcium carbine powder and magnesium granulates are used in the steel industry for desulphurisation or deoxidation purposes. Calcium carbine granulates are used for the production of acetylene, a welding gas.
Paint company Akzo Nobel was not fined because it blew the whistle on the cartel. Evonik Degussa saw its fine rise by 50 percent because of similar infringements in the past.
SKW Stahl-Mettalurgie was given a 13.3 million euro fine. It shares were down 5.6 percent to 12.84 euros in mid-day trading. Akzo was 0.47 percent off at 33.73 euros.
Source: Reuters
Tuesday, January 20, 2009
NRDC To End Preferential Power Tariffs
Interfax China has reported that China's top economic planner, the National Reform and Development Commission, is planning to put an end to preferential power prices that several regions have offered to heavy power consuming industries.
According to the report, between October and December 2008, local governments of the Inner Mongolia and Ningxia Hui autonomous regions as well as Qinghai and Yunnan provinces lowered power prices for certain sectors including those that manufacture aluminum, iron alloy, polysilicon, and calcium carbide.
Mr Li Jianwei head of the Shanxi Electric Power Association said it is reasonable for the NDRC to reverse such policies as they do not conform with China's plan for sustainable development. He said that although the economy has run into to some difficulties, "we cannot risk encouraging the over development of such heavy energy consumption industries."
At the end of December, NDRC officials said that these policies were understandable, but went against the country's industrial policy, which was implemented to curb the growth of such heavy power consuming industries.
Source: Steel Guru
According to the report, between October and December 2008, local governments of the Inner Mongolia and Ningxia Hui autonomous regions as well as Qinghai and Yunnan provinces lowered power prices for certain sectors including those that manufacture aluminum, iron alloy, polysilicon, and calcium carbide.
Mr Li Jianwei head of the Shanxi Electric Power Association said it is reasonable for the NDRC to reverse such policies as they do not conform with China's plan for sustainable development. He said that although the economy has run into to some difficulties, "we cannot risk encouraging the over development of such heavy energy consumption industries."
At the end of December, NDRC officials said that these policies were understandable, but went against the country's industrial policy, which was implemented to curb the growth of such heavy power consuming industries.
Source: Steel Guru
Thursday, January 15, 2009
Gansu Targets Industry In Environment Drive
Reports from China suggest that the Gansu province in the northwest of the country is to remove 3.75 million tonnes of obsolete industrial capacity in 2009 to fulfill its energy conservation and carbon emission targets.
Industries targetted include iron smelting, steel making, ferroalloy, calcium carbide, cement and paper making.
Heavy industry takes up 83% of the province's energy consumption.
The drive is part of the province's goal to cut energy consumption per CNY 10,000 GDP by 5.2%, and to control the emission of sulphur dioxide and oxygen demand to under 0.523 million tonnes and 0.17 million tonnes respectively. The provincial government has taken a number of measures in recent years to accelerate the elimination progress. These include the implementation of key environmental protection projects and higher power costs for inefficient producers.
Sources: Alibaba, MySteel
Industries targetted include iron smelting, steel making, ferroalloy, calcium carbide, cement and paper making.
Heavy industry takes up 83% of the province's energy consumption.
The drive is part of the province's goal to cut energy consumption per CNY 10,000 GDP by 5.2%, and to control the emission of sulphur dioxide and oxygen demand to under 0.523 million tonnes and 0.17 million tonnes respectively. The provincial government has taken a number of measures in recent years to accelerate the elimination progress. These include the implementation of key environmental protection projects and higher power costs for inefficient producers.
Sources: Alibaba, MySteel
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