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CRH reportedly in talks to sell stake in Indian joint ventureCRH is reportedly in talks to exit its joint venture with India’s My Home Group, according to VC Circle. In 2008, CRH acquired the 50 per cent stake in My Home Industries for around US$450m and th...News - 13 December 2019 |
Ban on new cement plants lifted for PunjabThe Provincial Minister for Industries & Trade, Mian Aslam Iqbal, has announced that the government for Punjab, India, has lifted a ban on the cement industry after 12 years. The minister revea...News - 13 December 2019 |
Sagar Cements records 27% fall in productionIndia’s Sagar Cements has seen the company's standalone cement production/purchase decline 27.4 per cent to 172,160t in November 2019, compared to 236,967t in the year-ago period. Consolidated cem...News - 09 December 2019 |
Imports into Bangladesh fall in FY20-19Imports of clinker and cement into Bangladesh fell from US$776m in FY17-18 to US$643m, according to the FY18-19 Financial Survey, released by the country's Ministry of Finance. However, the latest...News - 09 December 2019 |
JSW Cement will use UAE plant to growThis week, JSW Cement announced that its new 1Mta clinker production unit in Fujairah, UAE, is expected to be on-stream in January 2020. The project will enable JSW Cement to transfer clinker from...News - 06 December 2019 |
Cement export from Bangladesh falls in 5MFY19-20Bangladesh's cement industry has earned an export revenue of US$4.08m during July-November 2019, compared to US$4.92m earned in same period last year. This translates a fall of 17.1 per cent YoY. ...News - 06 December 2019 |
10Mta of new cement capacity to come on-stream in PakistanA big number of capacities will be added in Pakistan's cement industry, later this month and in early next year, according to market analysts. Current capacity projects are forecast to add around ...News - 06 December 2019 |
NCB International Seminar preview interview - Part 2In the second part of ICR's interview with Dr Bibekanana Mohapatra, NCB's head director, we discuss the current Indian cement market and the opportunities for trade. Indian Cement Sector Review...Articles - 05 December 2019 |
Indian delivered petcoke prices under pressure due to low demandPrices of delivered petcoke to India fell again as seaborne demand after the Diwali break remained subdued and cheaper alternatives could be found. Reliance Industries Ltd reduced its November d...News - 05 December 2019 |
All-India cement prices fall in NovemberAll-India cement prices have reportedly fallen two per cent MoM in November on the back of reduced demand, according to Centrum Broking. The all-India average cement price in October-November wa...News - 04 December 2019 |