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Zuari Cement breaks ground on new grinding plant, India

Italcementi group company Zuari Cement has launched the construction of a 1Mta grinding unit in Solapur, Maharashtra. The groundbreaking ceremony, held on Wednesday, was attended by Nabil Franc...
News - 31 October 2013

Pakistan September export volumes ahead

Pakistan achieved double-digit rises in both export volumes and revenue in September compared to the month before, data from the Bureau of Statistics shows. Exports during September 2013 totalle...
News - 28 October 2013

UltraTech Cement

UltraTech Cement’s performance in 3Q13 has fallen well below expectations with net profits tumbling 52 per cent YoY to INR2.6bn (US$42m). This marks the biggest drop in profit for the company sinc...
Corporate - 28 October 2013

Global demand growth outlook downgraded

A recent report by Morgan Stanley has lowered the growth outlook for global cement demand for 2013 to adjust for a changing economic landscape in emerging regions. Following economic updates by ...
News - 28 October 2013

ACC and Ambuja see slow return to growth

ACC and Ambuja Cements, both part of Holcim, have reported a decline in quarterly sales due to subdued demand and lower cement prices, and expect a slow return to growth as near term challenges pe...
News - 24 October 2013

Bangladesh sets next export revenue target

The government of Bangladesh has set an export revenue target of US$6.46m for cement, stone and salt over FY13-14 its export Promotion Bureau (EPB) has said. However, the country is facing a numbe...
News - 24 October 2013

Power supplies restored at Birla's Durgapur unit

Birla Corporation has resumed cement production at its Durgapur Cement plant as power has been restored after the severe Cyclone Phailin that hit eastern areas of the country earlier this month. ...
News - 24 October 2013

UltraTech Cement's quarterly profit falls 52% YoY

UltraTech Cement, India’s largest cement maker, posted a 52 per cent decline in net profit for the July-September quarter, mainly due to lower selling prices and subdued demand. The company rep...
News - 21 October 2013

CRH opens regional headquarters in Singapore

CRH announced the official opening today of its regional headquarters in Singapore, to oversee the expansion of its existing interests in India and China, and to pursue further development opportu...
News - 17 October 2013

HeidelbergCement India reports quarterly loss

HeidelbergCement India has reported a loss for the third quarter of 2013 due to higher finance costs and depreciation expenses. During the July-September period of 2013 the company reported a IN...
News - 17 October 2013