Search Results

HeidelbergCement announces 7% rise in EBITDA for 3Q17

HeidelbergCement has announced for the third quarter of 2017 a seven per cent YoY rise in EBITDA from its current operations to EUR1058m on a comparable basis (adjusted for currency and consolidat...
News - 08 November 2017

Ramco reports 2Q17 net profit of US$26m

Ramco Cements has reported a drop in net profit during the 2Q17-18, due to tough local market conditions in Tamil Nadu and increasing operating costs driven by increasing power, fuel and transport...
News - 03 November 2017

Orient Cement reports 2Q17 net profit of US$1.57m

Orient Cement (CK Birla group) reported a net profit of INR101.5m (US$1.57m) in the second quarter ended 30 September. The company had reported a net loss of INR293.9m in the year-ago quarter...
News - 03 November 2017

MOU signed for Shree Cement to investigate potential new plant in Jharkhand

The Jharkhand government has signed MoUs with Mineral Exploration Corporation Ltd (MECL) for undertaking mineral exploration to identify prospective mineral blocks with Shree Cement for setting up...
News - 02 November 2017

UltraTech Cement

For the quarter ending 30 September 2017, UltraTech Cement has recorded net sales in excess of US$1bn. The Aditya-Birla Group company saw its net sales for the three-month period come in at INR68,...
Corporate - 01 November 2017

Petcoke ban in NCR expected to raise fuel costs and cement prices

Cement producers in northern states of India can expect rising fuel costs on the back of the Supreme Court's ban on petcoke use in the National Capital Region (NCR) from 1 November 2017. The Su...
News - 31 October 2017

Shiva quarterly net loss deepens

India’s Shiva Cement has reported a deepening net loss of INR86m (US$1.33m) in the July-September 2017 quarter when compared with a net loss of INR26.3m in the year-ago quarter. Sales fell 41.8...
News - 30 October 2017

Ambuja Cement's strategy pays off

This week the 3Q17 results have been flooding in for Indian cement manufacturers with Lafarge-Holcim-owned ACC and Ambuja Cement reporting their results and seeing net profits rise to nearly dou...
News - 27 October 2017

LafargeHolcim's cement volumes increase by 4.7 per cent in 3Q17

LafargeHolcim announced cement volumes were up 4.7 per cent in 3Q17 and 1.8 per cent for the year to date. Globally, cement prices improved by 5.6 per cent in the quarter compared to the prior yea...
News - 27 October 2017

India: glimmers of hope

The Indian cement sector appears to have shrugged off the impact of demonetisation but 1QFY18 figures suggest recovery will be slow. However, confidence is starting to build on the back of a pick-...
Articles - 26 October 2017