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Exports from Pakistan during 7MFY19 improveThe Pakistan cement industry is facing a domestic drop in cement demand, but export data for 7MFY19 show overseas sales have been strong. Experts believe that with domestic demand experiencing a d...News - 19 February 2019 |
Saurashtra Cement reports net loss of INR6.7mIndian cement producer Saurashtra Cement saw its net profit fall to INR6.7m (US$93,790) in the quarter ended December 2018 when compared with INR33.2m in the year-ago period. Sales rose 11.3 per...News - 18 February 2019 |
KCP starts commercial production at Muktyala IIIndia-based KCP has started commercial production on the second line of its plant in Muktyala, Andhra Pradesh, according to the company’s notification to the Bombay Stock Exchange. Some minor wo...News - 18 February 2019 |
Pakistan exports of cement to India expected to fallPakistan cement exports to India are likely to be affected following the Indian government's announcement to scrap the 'Most-Favoured Nation' status to Pakistan, after an attack on Indian forces i...News - 18 February 2019 |
Ambuja Cements announces plant expansion projectIndia’s Ambuja Cements Ltd is planning to expand manufacturing capacity from 2.4Mta to 3.4Mta at its Jala Dhulagori facility in West Bengal. While the company is awaiting environmental clearance,...News - 15 February 2019 |
Deccan Cements sees four-fold 3Q net profit surgeIndia-based Deccan Cements reported a near four-fold hike in its net profit for the third quarter ended 31 December 2018. Net profit surged to INR329.9m from INR89.5m in the 3QFY18-19. Total inc...News - 14 February 2019 |
Cement prices rise 36-44% in Tamil NaduThe price of a bag of cement in Tamil Nadu, India, has increased 36-44 per cent in the past week, rising from INR250 (US$3.54) to INR340-360. R Radhakrishnan, trustee and former national president...News - 14 February 2019 |
India cement GST cut on the agendaIndia’s General Sales Tax (GST) Council will consider a proposal to slash the tax on cement from 28 to 18 per cent at its meeting on 20 February, along with a ministerial panel report that propose...News - 13 February 2019 |
JSW Cement completes Dolvi expansionIndia’s JSW Cement has announced the completion of its expansion project at its plant in Dolvi, Maharashtra. The project has increased capacity from 1Mta to 2.2Mta, thereby lifting the company’s i...News - 13 February 2019 |
JK Lakshmi Cement reports 72% profit growthIndia's JK Lakshmi Cement has recorded a 71.7 per cent increase in standalone net profit to INR147.5m (US$2.07m) for the third quarter ended 31 December, compared with INR85.9m of the year-ago per...News - 12 February 2019 |