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Vicat eyes further growth in IndiaFollowing the announcement yesterday by Vicat that its new joint-venture project Sagar has started commercial production, local press have speculated that the France-based major is scouting for fu...News - 17 January 2013 |
Pakistan exports to India slowExports of cement over the northeast border of Pakistan to western India have slowed over the past week due to border tension between Islamabad and New Delhi. It has been alleged that tru...News - 16 January 2013 |
India Ratings revises outlook on cement sectorIndia Ratings has revised its outlook for Indian cement manufacturers from "negative" in 2012 to "stable to negative" for 2013, driven by limited downside risk for demand. The ratings agency als...News - 15 January 2013 |
Bangladesh: strike disrupts inland clinker transportAn indefinite strike by the Bangladesh River Transport Workers’ Federation has disrupted the transport of imported clinker from Chittagong Port to cement plants through inland rivers. No clinker h...News - 11 January 2013 |
JP Morgan cautious near term outlook on India cement sectorJP Morgan cautions the near-term outlook for Indian cement companies remains "hazy", in contrast with market consensus for a strong V-shaped recovery in infrastructure spending over the next 12 mo...News - 11 January 2013 |
Mixed bag of Q3FY13 earnings for Indian cement producersA weakness in cement prices and softening demand in the region is expected to hit Q3FY13 earnings of some of India’s cement producers. Only ACC and Ambuja are forecast to record a YoY earnings gro...News - 10 January 2013 |
Kenya: KES12bn Pokot cement factory to be completed next yearInvestors in the KES12bn cement factory in Pokot have pledged to complete the project next year after revising its implementation plan. The project was initially scheduled to end this year. CEO of...News - 10 January 2013 |
India: Reliance Cement marketing campaignReliance Cement, a 100% subsidiary of Reliance Infrastructure, is currently in the middle of a six-month campaign to better promote its OOH cement brand that was initially launched in 2007. One ...News - 10 January 2013 |
Tightening belts at CRHThe Irish building materials company CRH Plc plans to make €300m in savings between 2013-15 by focussing on reducing energy costs, rationalising capacity and continuing its acquisitions programme....Articles - 09 January 2013 |
ABG looks to sell minority stake in cement unit, IndiaIndia-based private sector ship builder ABG Group, is in talks to offload a minority stake in its cement business, a senior executive has told the Times of India. The cement business, which ope...News - 08 January 2013 |