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UltraTech Cement

UltraTech Cement expects cement demand in India to grow by 4-6 per cent in the next fiscal, according to Managing Director, KK Maheshwari. Speaking to the Indian press, he said that housing, which...
Corporate - 15 June 2017

Nepal sees rise in cement imports from India

Cement imports from India to Nepal have doubled over the first 10 months of the current fiscal, according to a report in the Himalayan Times. The value of imports of cement arriving into Nepal...
News - 15 June 2017

New plants in the pipeline for Andhra Pradesh

Three Indian companies have proposed to set up new plants in the southern Indian state of Andhra Pradesh, Business Standard (India) reports. According to the state government, Chettinad Cement C...
News - 15 June 2017

Sagar eyes 18% rise in production

Sagar Cements is expecting around 18 per cent jump in its production to 2.6Mt in FY17-18 following the consolidation of a grinding unit acquired last year. Speaking during the company's earning...
News - 14 June 2017

Further slight recovery in EU 28 cement production

According to CEMBUREAU’s 2016 Activity Report published yesterday, European cement production in the EU 28 further slightly recovered in 2015 (167.2Mt), confirming the cautious upward trend starte...
News - 13 June 2017

India producers refute cartel allegations

Representatives from various cement companies on Friday denied that they formed a cartel to artificially hike prices, saying market dynamics decide the prices, not the companies. There have been...
News - 13 June 2017

Cement price recovery in western India

Cement prices in western India have recovered from the lows touched a year ago, and on a YoY basis have seen the highest improvement among all domestic regions. In June the price of cement stood...
News - 12 June 2017

Birla Corp reports strong 4QFY16-17

Cost efficiencies and good price realisations helped India-based Birla Corp post strong results in the final quarter of FY16-17. Revenue increased by six per cent YoY during the quarter driven b...
News - 12 June 2017

HeidelbergCement India expects 6-7% market growth

HeidelbergCement India expects cement demand to increase by 6-7 per cent in FY17-18, with the government’s focus on infrastructure being considered a key driver. The company also said that whil...
News - 07 June 2017

India: Ramco appoints PR Venketrama Raja as new CMD

Ramco Cements has announced the appointment of P R Vektrama Raja as its new Chairman and Managing Director. The appointment is for a five-year term, starting 4 June 2017, said Ramco in a Bombay...
News - 05 June 2017