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Pakistan exports decline in 10MFY13-14Pakistan export volumes and revenues have continued to decline in the first 10 months of the current fiscal, mainly due to a decline in shipments to Afghanistan. On a more positive note, despite t...News - 28 May 2014 |
India Cements post fourth-quarter lossIndia Cements has swung to a loss in the final quarter of the current fiscal compared to a profit last year on weak demand and overcapacity in southern markets. The Chennai-based company reporte...News - 28 May 2014 |
UltraTech CementIndia's biggest cement producer, UltraTech Cement, is reportedly looking to buy the local assets of Holcim and Lafarge as both companies proceed with their merger plans and plan to sell off unwant...Corporate - 27 May 2014 |
India Cements to merge with subsidiaryIndia Cements is planning to merge with its subsidiary Trinetra Cement to consolidate its operations. N Srinivasan, vice chairman and managing director of India Cements, said the merger will brin...News - 27 May 2014 |
Australia's changing dynamicsAs rising energy costs and the introduction of the carbon tax impose plant rationalisations, Australian cement producers look overseas for their clinker supply. While the country’s cement consump...Articles - 27 May 2014 |
Orient inks project finance for greenfield plantKhaitan & Co has advised Orient Cement on loan facilities worth US$200m from a syndicate of lenders led by State Bank of India. The loan is to finance the development of a 3Mta greenfield integr...News - 21 May 2014 |
Chettinad purchases shares in Anjani PortlandChettinad Cement Corporation Ltd has purchased approximately 20.58% of shares of Anjani Portland Cement Ltd from shareholders. Chettinad Cement has reportedly acquired 3784.014 shares through of...News - 21 May 2014 |
Change in the senior management of HolcimOnne van der Weijde, area manager for India until April 25, 2014, and member of Holcim senior management, leaves Holcim effective 1 June 2014, the company said in a statement. Member of the Holc...News - 14 May 2014 |
1Q14 turnover declines for Italcementi, while EBITDA recoversItalcementi's first quarter turnover declined by 3.3 per cent to EUR932.9m while the running EBITDA staged a 10.2 per cent recovery to EUR95.5m. The trading loss was reduced by 74.6 per cent to EU...News - 09 May 2014 |
India: cement firms need solutions to gypsum shortageAccording to a research report jointly published on 30 April by lobby group Confederation of Indian Industry and consulting firm AT Kerney, India has a scarcity of gypsum resources, which does not...News - 09 May 2014 |