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India: government approval for new UltraTech plants at Nawalgarh and JaitaranThe Jaipur government cleared the construction of a new 3.3Mta cement unit at Nawalgarh (Jhunjhnu) by UltraTech Cement Ltd. "Investment of worth INR3000 crore [INR30bn/US$451m] will be made and...News - 28 April 2016 |
New projects push Indonesia towards overcapacityIndonesia's dynamic market has attracted both foreign and local cement companies to invest in new cement plants, intensifying competition for existing producers and tipping the industry towards ov...News - 27 April 2016 |
Pakistan: Exports fall 24% in first nine months of 2015/16Pakistan’s cement exports fell during 9MFY2016 on a YoY basis dropping by 24.4 per cent in volume terms and 28.9 per cent in US dollar values. Figures released by the Pakistan Bureau of Statist...News - 26 April 2016 |
UltraTech profits rise 10% in 1Q16, operational costs cutUltraTech Cement, India reported a 10 per cent YoY rise in consolidated profit after tax for the quarter ended March. The company reported a consolidated net profit of INR7230m (US$108.52m) agains...News - 26 April 2016 |
Event Preview: 2016 IEEE-IAS/PCA - Dallas, Texas, USAThe 2016 IEEE-IAS/PCA Cement Industry Technical Conference and Exhibition is taking place at the Gaylord Texan Resort and Convention Centre, Grapevine, Dallas, Texas, USA from 15-19 May. The t...Articles - 25 April 2016 |
Morgan Stanley: cement consumption to grow 4% YoY to 2020New research from Morgan Stanley predicts that worldwide cement demand excluding China has turned a corner and will grow at an annualised rate of four per cent between 2016 and 2020. The invest...News - 25 April 2016 |
India: Jaypee reduces northern cement supplyDebt-laden Jaiprakash Associates Ltd has withdrawn itself from some of its cement markets in north India as part of streamlining its operations even as lenders continue to prod the firm to shed as...News - 22 April 2016 |
India: Piramal invests US$38m in Gujarat cement companyPiramal enterprises has invested US$38.4m in Sanghi Industries, a Kutch-based cement company with 4.1Mta capacity and plans to add a further 4Mta. Earlier in the month, Sanghi exited its corpor...News - 22 April 2016 |
Mobile cement app launched by OCL IndiaDealers of OCL India Limited, the makers of Konark Cement, can now place cement orders through mobile phones. The Suvidha app has been launched as an android app in Bhubaneswar. Using Suvidha de...News - 22 April 2016 |
India: Beumer supplies ACC with world's highest bucket elevatorACC Ltd, part of the LafargeHolcim Group, has expanded the capacity of its factory in Wadi in the south Indian state of Karnataka to 13,000tpd. The Beumer Group as main (EPC) contractor has go...News - 21 April 2016 |