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UltraTech quarterly profit hit by subdued demandUltraTech Cement, the leading cement producer in India, reported a 38.43 per cent decline in net profit for the last three months of 2013 as sluggish demand leads to a weaker pricing environment. ...News - 20 January 2014 |
CRHCRH spent a total of EUR960m on acquisition and development during 2013. In addition to the previously-announced acquisitions in Ukraine and India, the 26 per cent-owned associate Yantai Group Bui...Corporate - 16 January 2014 |
Myanmar: a new frontier marketResource-rich Myanmar is undergoing a dramatic transformation, with massive economic and political reforms heralding a new era for this Southeast Asian nation. A plethora of joint ventures with fo...Articles - 15 January 2014 |
Iran exports rise 36.2% in first nine monthsIran exported 14.425Mt of cement and clinker in the first nine months of the current Iranian calendar year, representing a rise of 36.2 per cent YoY. Total exports comprised 11.164Mt of cement a...News - 13 January 2014 |
UltraTech director elected as new CMA presidentMr OP Puranmalka, Ultratech Cements whole-time director, has been elected as the new president of the Cement Manufacturers' Association (CMA) of India for the 2013-14 term. Mr Puranmalka will r...News - 10 January 2014 |
CRH full-year development spendCRH announced a total of seven acquisitions and investment initiatives in the second half of 2013, taking full-year development activity to EUR0.69bn. The company invested EUR0.22bn in the six mo...News - 07 January 2014 |
Pakistan exports fall in 5MFY13During the first five months of FY13-14, Pakistan exported 3.749Mt of cement on foreign exchange revenues of US$225.30m, down 0.44 and 8.03 per cent YoY in terms of volume and value, respectively....News - 07 January 2014 |
Global cement 2014 outlookNew year, new challenges. As the cement industry looks into 2014, what will the New Year bring? By Yuri Serov, Morgan Stanley, UK. Challenges and outlook for the global cement industry in 2...Articles - 06 January 2014 |
Zuari Cement’s commitment to India’s long-term potentialZuari Cement is pressing ahead with new capacity plans in three Indian states despite current market challenges, citing huge long-term potential for domestic cement consumption. The Italcementi ...News - 06 January 2014 |
HeidelbergCement completes the sale of Raigad grinding unitHeidelbergCement India has completed the sale and transfer of its cement grinding facility situated at Raigad in state of Maharashtra to JSW Steel, as a going concern on slump sale basis. JSW St...News - 06 January 2014 |