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In support of the cement industryThe Guardian posted an article this week that attacked the cement industry for its impact on the environment, which drew a quick reply from the Global Cement and Concrete Association (GCCA). Cem...News - 01 March 2019 |
Dandot Cement declares loss of PKR177.51m in 1HFY18-19Dandot Cement Company Ltd (DCCL) has announced its financial results for the half-year ended 31 December 2018. It declared a loss of PKR177.51m (US$1.27m), as compared to loss of PKR320.95m report...News - 01 March 2019 |
Pakistan cement industry facing challengesA number of Pakistan cement companies have shown poor financial performance in 1HFY19, due to a combination of factors, including dwindling local demands and the rising cost of production. Accordi...News - 28 February 2019 |
UltraTechCement demand in India is expected to expand by 1.2 times the GDP growth rate over the long term, according to UltraTech. This will be driven by increased government spending on large infrastructu...Corporate - 27 February 2019 |
Bangladesh reports fall in cement export for 7MFY19Bangladesh's cement industry recorded a fall of 15.27 per cent in export revenue to US$6.55m during the first seven months of FY18-19 (July-January, 2019) compared to US$7.73m, earned in the same ...News - 25 February 2019 |
JK Cement announces two grinding projectsIndia's JK Cement is expected to invest around INR4.5bn (US$63.24m) to set up two cement grinding units. Approximately INR2.5bn will be spent on a 0.7Mta unit in Balasinor, Gujarat, while the re...News - 22 February 2019 |
Vicat's net underlying 2018 profits 12% aheadVicat's turnover edged ahead by 0.7 per cent in 2018 to EUR2582m and EBITDA eased by 2.2 per cent to EUR435m, while at unchanged exchange rates and other parameters the changes would have been +5....News - 20 February 2019 |
India raises cement import duties to stop Pakistan shipmentsPakistani exports of cement to India have been suspended, due to growing tension between Islamabad and Delhi over a recent terrorist attack in Pulwama, in Jammu and Kashmir, India. India has de...News - 20 February 2019 |
HeidelbergCement achieves 10% revenue growth in 2018HeidelbergCement has presented its preliminary, unaudited figures for sales volumes, revenue and result from current operations before and after depreciation and amortisation for the 4Q18 and th...News - 19 February 2019 |
Ambuja sees 188% 4Q net profit surgeAmbuja Cements' sales rose 6.7 per cent to 13.63Mt in the quarter ended 31 December 2018 from 12.78Mt in 4Q17. This resulted in a total income of INR68.552bn (US$959.7m) in the October-December ...News - 19 February 2019 |