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Nuvoco Vistas sees improvement in first quarterIndia’s Nuvoco Vistas Corp has recorded a consolidated net profit of INR1.14bn (US$15.58m) in the first quarter of the fiscal ending 30 June 2021, compared to an INR913.8m net loss in the year-ago...News - 07 September 2021 |
Gujarat Sidhee Cement to shut clinker line for maintenanceIndia’s Gujarat Sidhee Cement is planning to shut down the clinker line at its Sidheegram plant for annual maintenance, which is expected to take a period of 17-20 days to complete. However, ce...News - 07 September 2021 |
India’s recovery derailed?India’s 550Mta cement sector had hardly emerged from the impact of the first wave of COVID-19 when a second, more devastating wave dented future growth prospects. Initial estimates have projected ...Articles - 07 September 2021 |
Odisha approves Jajpur cement projectsThe state government of Odisha, India, has approved the proposal of My Home Industries Pvt Ltd to set up a 3Mta cement grinding unit at Badchana, Jajpur district. The project represents an investm...News - 06 September 2021 |
JK Cement plans 23Mta expansion by end of 2023JK Cement intends increase production capacity to about 23Mta in the next two years, from 15Mta now, by expanding its footprints in northern and central India. "We will maintain and grow our ...News - 03 September 2021 |
Pakistan anticipates rise in cement exports to AfghanistanOn 15 August the Taliban took over Kabul and declared their rule over Afghanistan. Taliban spokesperson Zabihullah Mujahid said at his first press conference that the Taliban would continue tradi...News - 26 August 2021 |
Indian cement prices down 4% MoMAt 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. Central India was the...News - 24 August 2021 |
KJS Cement records 36% advance in profitIndia’s KJS Cement has seen a 36.4 per cent YoY rise in profit to INR654.4m (US$8.83m) for the year ended 31 March 2021, against INR479.6m in the FY19-20. EBITDA was up 5.5 per cent to INR1.99bn. ...News - 24 August 2021 |
Nuvoco Vistas Corp sees lukewarm bourse startIndia-based cement producer Nuvoco Vistas Corp entered the bourses with a weak start as its shares were listed at up to 17 per cent discount to its issue price. However, by the end of the day, the...News - 24 August 2021 |
Ambuja Cements begins trial production at Marwar facilityIndia’s Ambuja Cements has begun trial production at its Marwar cement works in Nagaur district, which will increase the company’s clinker capacity by 3Mta. The plant was built with an investme...News - 23 August 2021 |