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Floods and sand shortages force cement price cut in northern IndiaCement producers in northern India are forced to cut cement prices by INR2-3 (US$0.01-0.03)/50kg bag every week due to lower demand, particularly in flood-prone states such Uttar Pradesh, Bihar an...News - 15 September 2017 |
Emami plans to lift capacity to 6MtaEmami Cement Ltd plans to raise its total production capacity to 6Mta as its 2Mta plant being set up in Odisha's Jajpur district is likely to be commissioned by March 2018. Presently, Emami Cem...News - 14 September 2017 |
Sanghi Cements plans floating cement terminalSanghi Cements is considering setting up a floating terminal at Kochi Port as part of expanding its coastal movements to south Indian markets. A team from the company is scheduled to travel to Ko...News - 12 September 2017 |
CRHCRH's first-half turnover improved by 2.4 per cent to EUR12,997m and EBITDA was ahead by 4.9 per cent to EUR1175m. The underlying trading profit rose by 10 per cent to EUR647m. After a net inte...Corporate - 11 September 2017 |
Star Cement looking to increase capacityStar Cement is reportedly looking to expand its clinker and cement capacity in India by investing in greenfield and brownfield projects. The Century Plyboards (India) Ltd subsidiary is planning t...News - 05 September 2017 |
Emami expects to break even in FY16-17India-based Emami Cement expects to break even by the end of FY17-18 and bank a profit by the next financial year. The company’s bottom line will be driven primarily by value and volume of sales...News - 01 September 2017 |
Jaiprakash Associates to sell stake in Bhilai Jaypee cementJaiprakash Associates has decided to sell its entire 74 per cent stake in Bhilai Jaypee Cement to Orient Cement for INR14,500m (US$226.6m), while raising another up to INR20,000m by issuing securi...News - 01 September 2017 |
Boral sees benefits flowing from US Headwaters acquisitionBoral's turnover in its financial year to the end of June 2017 edged up by 1.8 per cent to AUD4388m (EUR2919m/US$3466m) and EBITDA improved by 11.6 per cent to AUD720m (EUR479m). The trading pr...News - 31 August 2017 |
UltraTech CementAugust marks the official launch of UltraTech Cement in the Andhra Pradesh market, following the acquisition of Jaypee Cement’s assets earlier this year. “This move is essentially for geographical...Corporate - 30 August 2017 |
Monthly advance in Pakistan export revenuesPakistan's cement export revenue during July 2017 increased by 25.02 per cent compared to the previous month but declined by 0.94 per cent on YoY basis, according to data released by the country's...News - 30 August 2017 |