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HeidelbergCement sees improved results across the board for 3Q16In its first results that include the consolidation of Italcementi, HeidelbergCement reported a significant improvement in sales volumes, revenue and operating income in the third quarter of 2016....News - 09 November 2016 |
India: Sanghi Industries INR12bn expansionSanghi Industries Ltd is planning to further develop its capacity following the 1.2Mta expansion of its plant in Kutch district. Production capacity at the Kutch plant recently rose to 4.1Mta. ...News - 09 November 2016 |
India: Ramco sees 45.6% increase in 2QFY16-17 net profitRamco Cements reported a 45.6 per cent rise in net profit to INR2.07bn in the second quarter ended 30 September 2016 compared to INR1.42bn for the same quarter a year ago. The company’s income ...News - 09 November 2016 |
India: demand set to rise in Telangana and Andhra PradeshManufacturers in the southern Indian states of Telangana and Andhra Pradesh have said that they expect cement demand to increase by around 20 per cent over the next 2-3 years, reports The Hindu ne...News - 09 November 2016 |
India: Shree Cement Q2 net profit up 18%Shree Cement reported an 18.3 per cent YoY rise in its standalone net profit for the quarter ended 30 September 2016. Standalone net profit stood at INR2.91bn (US$43.7m) in the quarter compared to...News - 08 November 2016 |
India: My Home Industries to commission INR2.5bn plantMy Home Industries has announced that it will commission its 1.5Mta plant in Tuticorin, Tamil Nadu, in January 2017. The Tuticorin plant will represent a INR2.5bn (US$37.5m) investment and conside...News - 08 November 2016 |
India: Dalmia OCL mergerThe boards of Dalmia Bharat Ltd and OCL India have decided to merge the two entities, creating the fourth-largest cement manufacturer in India with a total capacity of 25Mta and annual revenues of...News - 07 November 2016 |
Ambuja Cement profits up 80% as Indian profits climb 40% overallAmbuja Cement has released its Q3 earnings, which show that net profits for the company were up by 80 per cent YoY at INR2.77bn (US$41.5m). Revenues were down slightly, falling by 4.3 per cent ...News - 04 November 2016 |
India: Dalmia Barat sees 20% volume growth in SeptemberDalmia Bharat managed 20 per cent volume growth in the July-September quarter compared with the industry's volume growth of two per cent. Due to higher demand, its market share in northeastern Ind...News - 04 November 2016 |
India: Telangana State Housing Corporation signs cement price MoUThe State Housing Corporation of Telangana has signed a memorandum of understanding with local producers to fix the price of supplied cement at INR230/bag (US$3.45), the New India Express reports....News - 03 November 2016 |