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JK Cement sees continued revenue growthJK Cement has reported total income of INR28,199m (US$339.12m) in the three months ended 31 December 2023. This compares to INR25,984m in the previous quarter and INR23,581m in the same quarter ...News - 25 January 2024 |
NCCB appoint new chairmanNeeraj Akhoury, president of the Cement Manufacturers’ Association and MD of Shree Cement Ltd, has been appointed as the chairman of the National Council for Cement and Building Materials (NCCBM) ...News - 25 January 2024 |
Shree Cement begins production at Nawalgarh plantIndia’s Shree Cement has commenced commercial production at its 4.2Mta cement plant in Nawalgarh . The facility, which is located at Village Gothra, Nawalgarh Tehsil, Rajasthan, began productio...News - 23 January 2024 |
Energy complex continued lower with petcoke seeing new lows and higher discountsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The energy complex fell further in December but recovered by the end of 2023. In geopolitical terms, the Israel-Gaza conflict has seen increa...News - 23 January 2024 |
UltraTech Cement records consolidated net sales of INR164bnUltraTech Cement Ltd ( Aditya Birla Group ) has released its financial results for the quarter ended 31 December 2023, reporting consolidated net sales of INR164,870m (US$1.983bn) compared with ...News - 22 January 2024 |
High volatility in USG Supramax/Ultramax marketsBy Brannvoll ApS, Denmark The first half of the month went very well for the Supramax/Ultramax owners in USG. The market was strong with levels increasing considerably as demand remained health...News - 22 January 2024 |
Adani Group ponders new cement plant in GoddaAdani Group is considering to build a cement plant in Santhal Pargana, having set up a 1600MW thermal power plant in Godda that will come on-stream mid-2024. A company spokesperson said: “In ke...News - 22 January 2024 |
Ambuja Cements to invest INR14bn in 6Mta Telangana plantAmbuja Cements will invest INR14bn (US$168.3m) in the construction of a 6Mta cement plant in Telangana, India. The plant will be built on a 70-acre plot, said the company in a regulatory filing....News - 18 January 2024 |
UltraTech invests in renewable energy specialistUltraTech Cement has entered into a share subscription and shareholders’ agreement to acquire a 26 per cent stake in Amplus Ages Pvt Ltd, a specialist in the generation and transmission of renew...News - 15 January 2024 |
Sika posts record sales in 2023Sika reports record sales of CHF11.24bn in 2023, up 7.1 per cent YoY in Swiss franc terms and 14.5 per cent in local currency terms. There was a high negative foreign currency effect of -7.4 per c...News - 12 January 2024 |