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UltraTech MD to step down in DecemberKrishna Kishore Maheshwari will be appointed as UltraTech's first non-executive vice chairman as he retires from his managing director role on 31 December this year. Kailash Chandra Jhanwar, curre...News - 10 September 2019 |
Sagar Cements sees improvement in consolidated production in AugustIndia’s Sagar Cements has reported a 11.7 per cent YoY fall in its standalone production figures for August 2019, which declined to 182,891t from 207,008t. However, consolidated production climbed...News - 06 September 2019 |
Confidence Cement acquires Zodiac Power Chittagong LtdBangladesh's Confidence Cement has acquired a 51 per cent controlling share in Zodiac Power Chittagong Ltd. The new subsidiary is an independent power producer with a 54.36MW heavy fuel oil (HFO) ...News - 04 September 2019 |
Indian cement demand growth forecast to slow in FY20Growth in Indian cement demand is expected to slow to seven per cent in the FY19-20, against 13 per cent demand growth in the FY18-19, according to ICRA. However, average prices in the current fis...News - 03 September 2019 |
Cement prices in Punjab rise after trade suspensionAfter the suspension of trade between India and Pakistan on 10 August, the price of cement in Punjab has increased by almost INR100/bag (US$1.38/bag), according to the Hindustan Times. Therefore, ...News - 03 September 2019 |
Ramco Cements expects price hike in Indian statesIndia's Ramco Cements Ltd has stated that a cement price hike in Telugu states is imperative as prices are unviable for manufacturers. "Companies have to increase cement prices as current price...News - 30 August 2019 |
Gujarat requests producers to use more plastic wasteThe Gujarat Pollution Control Board has requested cement producers in the Indian state to use plastic in five per cent of their total fuel. The board is also expected to increase this mandate to 1...News - 29 August 2019 |
UltraTech CementUltraTech Cement, an Aditya Birla Group company, almost doubled its net profit in the quarter ending 30 June 2019, on the back of merger synergies and improved operational efficiency. Consolidated...Corporate - 28 August 2019 |
Votorantim: solid but flexibleBrazil’s largest cement producer and a key international player, Votorantim Cimentos embraces the concept of being a solid company that is responsive to change. New global CEO Marcelo Castelli spe...Articles - 28 August 2019 |
Bangladesh revises export target for cement in FY20The Bangladesh Export Promotion Bureau (EPB) has set an export target for cement industry at US$10.50m for financial year 2019-20 (July 2019-June 2020) compared to US$14m, earmarked for the previo...News - 27 August 2019 |