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Nuvoco Vistas Corp sets water and energy consumption goalsJayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp Ltd, announces new sustainability goals for the company on World Environment Day On the occasion of 'World Enviro...News - 05 June 2020 |
Birla Corp subsidiary opts for ABB Ability Expert OptimizerBirla Corp subsidiary RCCPL will employ ABB Ability™ Expert Optimizer and other digital technologies to maximise production at its new cement plant at Mukutban in Maharashtra, India. ABB will sup...News - 03 June 2020 |
Sagar Cements sees 17% fall in revenueIndia’s Sagar Cements has reported a 94 per cent decline in consolidated net profit to INR11.8m (US$156,598) in the final quarter of FY19-20, compared to INR187.5m in the corresponding period of t...News - 03 June 2020 |
Impact of COVID-19 on global cement marketsOver the course of just a few months the impact of the COVID-19 pandemic has changed the global cement market landscape completely and, as the situation continues to unfold, visibility is low. Wit...Articles - 01 June 2020 |
Prism Johnson sees 61% fall in net profitIndia’s Prism Johnson Ltd, formerly known as Prism Cement, has reported a 61 per cent fall in standalone net profit to INR564.5m (US$7.47m) in the FY19-20, compared with INR1.46bn in the previous ...News - 29 May 2020 |
Cement exports from Pakistan drops due to COVID-19 in 10MFY20The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on the cement industry...News - 28 May 2020 |
Birla Corp posts 52% rise in net profitIndia’s Birla Corp has posted a 52 per cent YoY surge in net profit to INR1.95bn (US$25.76m) in the quarter ending 31 March 2020, while total income was down 9.4 per cent to INR17.18bn. Capacity u...News - 26 May 2020 |
Bangladesh opens new ports of call with India to increase tradeBangladesh and India have added five more ports of call to its existing six and two Indo-Bangladesh Protocol (IBP) water routes. The move would help reduce transport cost in exporting bulk amount...News - 26 May 2020 |
CCI approves acquisition of Emami CementThe Competition Commission of India has approved the 100 per cent acquisition of the total issued and paid-up share capital of Emami Cement Ltd by Nuvoco Vistas Corp. Emami had entered into an ...News - 22 May 2020 |
Petcoke market sees prices slumpHit by the coronavirus, petcoke prices fell as the Mediterranean market contracted. Demand declined as the cement and construction sectors reduced their output amid lockdown restrictions. A Spai...News - 22 May 2020 |