23rd June, 2011: Binani Cement Factory Limited confirms that it is awaiting the verdict of the Environment Appeal Tribunal to set up its Greenfield cement grinding and packaging factory in Mauritius. According to the communiqué, the company has complied with various land laws and obtained all due permissions including the Environment Clearance Licence from the EIA to commence the project. Interestingly, the licence the company obtained from the EIA is still valid.
23rd June, 2011: Binani Cement Factory Limited confirms that it is awaiting the verdict of the Environment Appeal Tribunal to setup its Greenfield cement grinding and packaging factory in Mauritius. According to the communiqué, the company has complied with various land laws and obtained all due permissions including the Environment Clearance Licence from the EIA to commence the project. Interestingly, the licence the company obtained from the EIA is still valid.
23rd June, 2011: The Mauritian cement market will be liberalized on the 1stJuly. The Mauritius Competition Commission (CCM) will issue its recommendations to the government.
29th June, 2011: The cement industry is booming. With the liberalization of the market, the Indian giant Binani Cement states that their company is ready to start the construction of its factory. The company is waiting for its EIA which was contested by a local producer in front of the Environmental Court.
The setting up of the factory is therefore stuck. But Rajesh Kumar Bagri, director of Binani Cement Mauritius is confident.
“We do not have much to worry about on this subject but we hope that these problems will be resolved soon so that we can concentrate on our production. For any project, the production time is very important. We believe in mass production”, says Mr. Bagri.
Binani Cement intends to produce 1.5 million tons of cement annually for the Mauritian and the African Market. The consumers will always have “quality product”, “fresher” and “larger value added varieties”. The investment of the Indian giant is estimated at Rs 1, 2 B.
“Our equipments are ready to be embarked, our expertise is here and our team has already been constituted. For example, if this legal problem is resolved tomorrow, we can immediately start the construction of the factory. The production can then start in 15 months.
The director of the Indian company added that the company will respect all the environmental protection conditions like it always did. This new cement factory will be within standards with regards to the international and local practices.
29th June, 2011: Binani Cement Factory (Mauritius) Limited is proposing to set up a state of art Greenfield clinker grinding unit on a total area of 605 hectares in the port area. Speaking to The Independent, the director of Binani Cement Mauritius, Rajesh Kumar Bagri stated that for the first time Mauritius is being seen as a manufacturing hub. The estimated cost of the project is $ 30 million, it is expected to have a production capacity of 1 million tons of cement annually.
The Binani group exists since 139 years in India and is engaged in glass fibre and cement activities. We wanted to expand and look at the markets in Africa and the Indian Ocean. We thought if Mauritius as manufacturing hub because it has a conductive environment, stable government, good governance and is culturally close to India.
Air and water are needed for life but for civilisation, we need construction, which means cement, Mauritius is a growing economy and it will have to grow to sustain and survive. If it grows, we will be part of the growth, we will be part of the growth.
The more there is competition, the healthier is the situation. Competition is a sign of advancement and it makes you perfect.
We have received all governmental clearances, accepted the conditions laid by the environment authorities. We have assured to follow the best practices and the local laws. We are very environment friendly.
Yes, because we have submitted all documents. We have given assurance that we will adhere to all the guidelines.
Immediately, we will start sending the equipment and people to start the activity. It will take 1518 months to implement the project but there should not be others delays.
The best technologies will be used to minimize it and the plant is located in an isolated location. All requirements will be adhered so that the plant can safeguard the interest of everybody.
28th June, 2011
28th June, 2011
27th June, 2011: The Mauritian cement market will be liberalized on the 1stJuly. The Mauritius Competition Commission (CCM) will issue its recommendations to the government.
27th June, 2011: The Competition Commission fears arise in the price of cement while waiting for the arrival of new operators on the market.
26th June, 2011: During the Prime Minister’s Question Time (PMQT), the inquiries lead by the competition commission was in the limelight, and in the midst, the anticipated reports on there cent cement controversies.
25th June, 2011: The liberalization of the cement market will enhance the quality of the product, but does not guarantee better prices, says Dr. Sean F. Ennis, executive director of the Competition Commission. The latter remains vigilant in case of risk of cartel in the cement market.
25th June, 2011: The operators of the industry and consumer representatives, present yesterday at a public hearing organized by the Competition Commission, fear arise in the price of cement.
25th June, 2011: The total liberalization of the importation of cement as from the 1st of July gives rise to questions and apprehensions. A lot of questions have been raised on Friday during the Competition Commission of Mauritius’ (CCM) workshop focused on this subject.
25th June, 2011: The cement market will be officially liberalized this Friday 1st July. In addition to Holcimand Lafarge, three other operators namely Oriental, Binani and MCFI will penetrate the market which will contribute to the improvement of quality of cement.