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Wonder Cement completes third line at NimbaheraIndia’s Wonder Cement (RK Group) has launched the third line of its facility in Nimbahera, Chittorgarh, taking total capacity to 11Mta. The new capacity was built in one year at an investment of I...News - 01 August 2019 |
UltraTechUltraTech Cement’s merger with Century Cement will reportedly be completed by September this year. Century’s cement business consists of three integrated units, located in Madhya Pradesh, Chhattis...Corporate - 31 July 2019 |
LafargeHolcim doubles net income and reports 4% net sales growthLafargeHolcim posted a like-for-like (LfL) net sales growth of 3.5 per cent YoY in the first half of 2019. Sales increased from CHF13.272bn (US$13.4bn) in the 1H18 to CHF13.059bn with gains in all...News - 31 July 2019 |
Kesoram Industries plans geographical expansionIndia’s Kesoram Industries (Birla Group) has announced that it will look to increase the geographical spread of its cement business across India. Currently, the company has 7.5Mta of capacity focu...News - 31 July 2019 |
Orient Cement sees 249% rise in net profitIndia’s Orient Cement has reported a 7.5 per cent YoY rise in total income for the quarter ending 30 June 2019, rising to INR6.91bn (US$100.56m) from INR6.43bn. Net profit for the 1QFY19-20 surg...News - 30 July 2019 |
Ambuja Cement records 1.2% increase in standalone net salesIndia’s Ambuja Cement (LafargeHolcim) has announced a 1.2 per cent YoY increase in standalone net sales to INR57.59bn (US$834m) for the 1H19. EBITDA rose 2.9 per cent to INR11.62bn from INR11.29bn...News - 29 July 2019 |
UAE cement prepares for Expo 2020This week CemNet reported on the cooperation agreement between two cement producers in the UAE – Al Ain Cement Factory (Arkan Group) and National Cement Factory. This is the latest of several tren...News - 26 July 2019 |
Udaipur Cement Works sees 56% surge in revenueIndia’s Udaipur Cement Works has reported a 56.4 per cent YoY increase in total revenue for the 1QFY19-20 to INR2.02bn (US$29.3m), against INR1.29bn in the year-ago period. Net profit saw a cons...News - 26 July 2019 |
HeidelbergCement looks back at 2018 sustainability achievementsHeidelbergCement has published its 2018 sustainability report in which it lays out its plans to produce CO2-neutral concrete by 2050 and its achievements in the area of sustainable cement and conc...News - 24 July 2019 |
Pakistan's cement exports rise but fall MoM in FY19Pakistan's cement industry recorded a growth of 21.9 per cent in earning of foreign exchange revenue, 40.4 per cent in terms of quantity and 49.7 per cent in terms of Pakistani rupee earnings from...News - 23 July 2019 |