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UltraTech set to acquire Century Textiles' cement businessUltraTech has announced plans to acquire the cement sector of Century Textiles through a share swap deal, which will further strengthen its presence in the eastern and central markets of India. ...News - 21 May 2018 |
UltraTech Cement secures Madhya Pradesh limestone reservesAditya Birla group firm UltraTech Cement said it has acquired the Deora-Sitapuri-Udipyapura limestone mining block in Madhya Pradesh (MP). UltraTech Cement said the land is in close proximity to i...News - 21 May 2018 |
The CMA calls on the government to lower tax on cementIndia's Cement Manufacturers' Association (CMA) has argued that cement should be brought under the lowest Goods and Services Tax (GST) slab. It currently attracts 28 per cent, the highest slab on ...News - 18 May 2018 |
JK Lakshmi reports 62% rise in standalone net profitJK Lakshmi Cement reported a 62.3 per cent YoY rise in standalone net profit to INR338.4m (US$4.99m) in the 4Q18. The company’s total income saw a slight decrease of 0.8 per cent to INR9.23bn, com...News - 17 May 2018 |
Mangalam Cement records 8% sales increase in FY18India’s Mangalam Cement Ltd has reported a one per cent YoY increase in net sales for the quarter ending 31 March 2018, rising to INR3.102bn (US$45.76m) from INR3.072bn. Net profit advanced 29.7 p...News - 16 May 2018 |
JK Cement doubles net profit to INR964.5mJK Cement's net profit more than doubled to INR964.5m (US$14.2m) for the fourth quarter ended March 2018. The company had posted a net profit of INR425.7m in the same quarter of the previous fisca...News - 15 May 2018 |
LafargeHolcim replaces 17km-long conveyorLafargeHolcim Bangladesh Ltd has completed the replacement of its 17km-long conveyor belt in an effort to reduce noise emissions. The belt was originally installed in 2004 and connects its limesto...News - 15 May 2018 |
Saudi Cement to use GE Power's Advanced Gas Path technologySaudi Cement has signed an agreement with GE Power for the upgrade of three GE 6B gas turbines at its Hofuf plant to increase power output and efficiency. This is the first GE Power's Advanced G...News - 15 May 2018 |
Positive expectations in reach despite mixed 1Q18 corporate resultsLafargeHolcim , HeidelbergCement and Martin Marietta Materials Inc all released 1Q18 results this week with some mixed performances. The regional strength of Asia and Africa is generating pr...International Cement Review Editor's Blog - 14 May 2018 |
Positive expectations in reach despite mixed 1Q18 corporate resultsLafargeHolcim , HeidelbergCement and Martin Marietta Materials Inc all released 1Q18 results this week with some mixed performances. The regional strength of Asia and Africa is generating pro...News - 11 May 2018 |