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Star Cement sees 16% rise in net profit

India-based Star Cement reported a standalone net profit of INR550.8m (US$7.8m) for the quarter ended 30 September 2019, up 16.2 per cent YoY from INR474m in the year-ago period. The company’s n...
News - 07 November 2019

JK Cement’s Satha line expected to be ready in December

India-based JK Cement is setting up a clinker grinding unit in Satha village, Aligarh district, Uttar Pradesh. The INR2.664bn (US$37.6m) project will have a capacity of 2Mta and will be built on...
News - 07 November 2019

Birla Corp sees 450% rise in net profit

India's Birla Corp has seen a 450 per cent increase in net profit to INR880m (US$12.4m) in the 2QFY19-20, compared with INR160m in the corresponding period of the previous fiscal. Revenue advanced...
News - 06 November 2019

UltraTech Cement looks to divest Bangladesh asset

India's UltraTech Cement has stated that its plan to divest non-core assets in China, the UAE and Europe, is progressing well. It has also announced that it is looking to exit the Bangladesh marke...
News - 06 November 2019

ACC plans integrated works in Bilaspur, Chhattisgarh

ACC is planning to build an integrated cement plant at Masturi, Bilaspur district, Chhatisgarh, on 105ha of land. The project will represent an estimated investment of INR29bn (US$408.8m). The ne...
News - 06 November 2019

JK Lakshmi Cement records 6% rise in net sales

India’s JK Lakshmi Cement has reported a net profit of INR486.7m (US$6.89m) in the 2QFY19-20, compared with a net loss of INR50.2m in the year-ago period. Consolidated net sales increased 5.6 per ...
News - 05 November 2019

Shree’s sustainable path

India’s cement industry has introduced several initiatives to place it on a path towards more sustainable cement production. Shree Cement highlights the actions it has taken to integrate sustainab...
Articles - 04 November 2019

Tamil Nadu Cements inaugurates expansion project

India’s Tamil Nadu Cements Corp Ltd, owned by the government of the state, has expanded the capacity of its Ariyalur complex at an investment of INR8.09bn (US$114.4m). The project has seen the con...
News - 04 November 2019

Ramco Cements reports 47% 3Q profit rise

India-based Ramco Cements posted a 3Q19 profit of INR1.68bn (US$23.7m), up by 47 per cent when compared with INR1.14bn in the 3Q18. When compared with the quarter ended June, profit was down 12.5 ...
News - 01 November 2019

LafargeHolcim

LafargeHolcim has reported net sales of CHF7142m (US$7181m) for the third quarter of 2019, compared to CHF7362m in the same period a year earlier, marking a 4.9 per cent uptick on a life-for-like ...
Corporate - 28 October 2019