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Shree Cement commissions New Bihar cement plant

Shree Cement has commissioned a 2Mta grinding plant called the 'New Bihar cement plant', which is located at Aurangabad in the state of Bihar, India. The company has recently commissioned its Ban...
News - 20 February 2018

UltraTech and Dalmia Bharat highest bidders in Binani Cement deal

UltraTech Cement and Dalmia Bharat-Bain Piramal Resurgence Fund consortium are leading the bids for Binani Cement, according to Indiainfoline. Both partieshave submitted bids of approximately INR6...
News - 19 February 2018

Shree Cement commissions grinding unit

Shree Cement has commissioned a new grinding unit in Sri Ganganagar, Rajasthan. The new facility has a capacity of 3.6Mta. In the 3Q17 the company reported a net profit increase of 41.6 per cent...
News - 15 February 2018

Indian cement sees growth in industrial production table

The Indian cement industry shows recovery in production during the current financial year contrary to last financial year. According to the Indian Economic Survey 2017-18, which tracks output of t...
News - 15 February 2018

CCI finds six companies have formed a cartel

In a preliminary investigation, the Competition Commission of India (CCI) has found that six cement companies have formed a cartel. Although this enquiry focussed on the northeast region it will w...
News - 14 February 2018

Prism Cement posts increase in net profits

Prism Cement has posted its results for the quarter ended 31 December 2017. The company reached a net profit of INR148.5m (US$2.31m), compared to a loss of INR470m in the year-ago period. The to...
News - 14 February 2018

Mangalam records 8% revenue increase

India-based Mangalam Cement has submitted its results for the quarter ending December 2017, which feature a 46 per cent YoY decrease in net profit to INR27m (US$420,126) from INR58.5m. However, re...
News - 13 February 2018

India Cement cracks down on fixed costs

India Cements reported a net profit of INR152.4m in the quarter ended 31 December 2017, which represents a 35.6 per cent decrease QoQ from INR236.7m, according to the Business Standard. In 3QFY16-...
News - 13 February 2018

Bold Bulandshahr

Shree Cement Ltd (SCL) has expanded rapidly over the last decade, from just 5Mt in 2007 to 29.3Mt cement capacity in 2017, making it the third-largest cement producer in India, after UltraTech and...
Articles - 12 February 2018

Birla reports 13% rise in revenues, sees net loss narrow in 3QFY16-17

Birla Corp reported a consolidated net loss of INR-218.4m (US$-3.4m) for the quarter ended 31 December 2017, when compared to INR-412.9m in the equivalent period a year ago. Revenue from its op...
News - 12 February 2018