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Sagar Cement to invest US$22m in new capacityIndia-based cement producer Sagar Cement has announced that it plans to spend INR1.45bn (US$22m) over the next two years to expand its operations, the Hindu reports. The sum includes INR660m (US$1...News - 18 August 2016 |
India: reason for optimism?The first quarter of 2016 provided some basis for optimism for India’s cement producers as the sector reported double-digit expansion. However, in the months ahead, the monsoon season and the pere...Articles - 17 August 2016 |
India: JK Lakshmi to expand Rajasthan mineJK Lakshmi Cement has received environmental clearance for expansion of its limestone mine output in Rajasthan, entailing an investment of INR1.20bn (US$17.94m). The mined limestone will be suppli...News - 17 August 2016 |
New BOPP film for extra bag protectionCosmo Films, a speciality films manufacturer, has launched a special biaxially oriented polypropylene film (BOPP) to provide extra protection for cement bags. The BOPP film has a 100 per cent poly...News - 17 August 2016 |
Denmark: FLSmidth 2H16 revenues fall 19%FLSmidth's revenue decreased 19 per cent to DKK4135m (US$620.7m) in 2Q16 (2Q15: DKK5093m or US$764.5m). The revenue improved sequentially from 1Q16 but was nevertheless lower than expected in 2Q1...News - 16 August 2016 |
Germany: KHD suffers 1H16 revenue fall by 25.5%KHD's 1H16 revenue amounted to EUR66.6m, considerably lower than the figure for the previous year (EUR89.4m). Reasons for the decrease of 25.5 per cent are the relatively low order backlog at the ...News - 16 August 2016 |
India: Shree Cement profits hit US$76m in 1QFY16-17In its trading results for the first quarter of FY2016-17, Shree Cement has seen its profits improve to INR5.1bn (US$76m). This represents an increase of 388 per cent on the same period last year....News - 15 August 2016 |
Nepal: Arghakhanchi Cement to expand capacity to 1MtaArghakhanchi Cement is to spend NPR4.13bn (US$38.6m) expanding the output of its cement plant from 1200tpd to 3000tpd, giving it a nominal capacity of around 1Mta. The Kathmandu Post reports that ...News - 15 August 2016 |
India: Birla Corporation sees Q1 cement profits rise 441%Birla Corporation has released its quarterly financial results for the three months to the end of June 2016. During this period, Birla’s profits from its cement operations rose by 441 per cent com...News - 11 August 2016 |
India: Mangalam Cement conducts new milling trialMangalam Cement has undertaken a trial run of its new 0.75Mta grinding unit, located at Aligarh in Uttar Pradesh. The new unit brings Mangalam’s capacity up to 4.0Mta.News - 11 August 2016 |