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BAI calls for regulatory authority to investigate cement price hikesMr V Sivarajan, president of the Builders' Association of India (BAI)'s Coimbatore branch, has hit out against recent price rises established by India's cement sector. The retail price of a 50kg b...News - 03 June 2019 |
Sri Chakra Cement closes FY18-19 with INR55.9m net lossSri Chakra Cement reported a net loss of INR35.8m (US$515,506) in the quarter ended March 2019 compared to a net profit of INR16.9m in the year-ago quarter. The company’s sales increased 65.5 pe...News - 03 June 2019 |
Ramco Cements to invest INR35bn in expansion programmeIndia’s Ramco Cements has confirmed plans to invest INR35bn (US$501m) to expand its production capacity from 12Mt to 20Mt by 2020, following the conclusion of the country’s general election. "The...News - 31 May 2019 |
UltraTech Cement disposes of 5000t of waste from railway workshopIndia’s UltraTech Cement has safely disposed of 5000t of non-hazardous waste from Golden Rock railway workshop in Tiruchi, Tamil Nadu. Phase I of the project, which began in January 2017, has now ...News - 29 May 2019 |
Time for a Brazilian adventure?Following the entry of Titan Cement into Brazil in 2016, fellow multinational cement producers Vicat and Buzzi Unicem have recently stepped into the local cement market despite the country’s falli...Articles - 28 May 2019 |
Raysut Cement targets expansion outside Gulf regionRaysut Cement Co aims to build on its recent acquisition of Sohar Cement by expanding into Africa and India. Raysut Cement's Chief Executive, Joey Gosh, signalled that further expansion for the Om...News - 28 May 2019 |
India Cements Jan-Mar quarter net profit advances 23% YoYChennai-based India Cements has reported a 23 per cent increase in its net profit for the quarter ended March 2019. Higher prices, a recovery in cement demand and improved capacity utilisation led...News - 28 May 2019 |
Dungsam Cement reduces losses in 2018Bhutan’s Dungsam Cement Corp Ltd (DCCL) has reported the narrowing of its losses to BTN30m (US$430,624) in 2018 from BTN720m in the previous year. The company has attributed the improved results t...News - 24 May 2019 |
JK Lakshmi Cement shows 28% net profit growthIndia’s JK Lakshmi Cement has reported a 27.8 per cent YoY rise in net profit to INR432.5m (US$6.2m) in the final quarter of FY18-19, against INR338.4m in the corresponding period of the previous ...News - 24 May 2019 |
Ramco Cements sees 50% advance in net profitIndia’s Ramco Cements has reported a 50 per cent YoY increase in net profit to INR1.65bn (US$23.68m) for the 4QFY18-19, while revenue advanced 21 per cent to INR15.43bn. For the full fiscal year...News - 23 May 2019 |