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HeidelbergCement 1Q12 affected by harsh winter in Europe and Turkey

HeidelbergCement's first-quarter turnover increased by 7.6% to €2799.4m but the EBITDA declined by 15.5% to €213.7m and the trading profit fell by 77% to a €13.8m. The lower margins chiefly reflec...
News - 04 May 2012

ACC, Ambuja see spurt in cement production in April

Leading cement producers ACC and Ambuja Cement reported the growth in cement production for the month of April 2012. ACC and Ambuja Cements reported the production at 2.17Mt and 1.91Mt, respectiv...
News - 04 May 2012

India: cement prices falling pre-monsoon

Apart from in eastern India, cement prices are on a downward spiral across the country, suggesting the monsoon-time weak cycle has set in early this year. Dealers and industry sources said prices...
News - 04 May 2012

India: Malkhed plant receives government approval

The state government has, in principle, given approval to a proposal by Vasavadatta Cement, owned by Kesoram Industries Ltd, to establish a cement plant with a capacity of 4.5Mta with a provision ...
News - 04 May 2012

Vicat

Vicat's first quarter turnover declined by 5.4% after a very strong first quarter in the previous year. The cement turnover was off by 4.4% to €255m, with cement shipments declining by 5.6% to 3.7...
Corporate - 03 May 2012

Holcim

The leading Russian cement producer Eurocement has spent CHF100m (€83m) to increase its stake in Holcim from 10.1 to 10.8%. ACC Limited, the larger of Holcim's two main subsidiaries in India, ge...
Corporate - 03 May 2012

FLSmidth, at your service

Established in Denmark in 1882, FLSmidth is the market-leading supplier of integrated cement plants, with over 2000 kilns installed globally. ICR caught up with Group CEO Jørgen Huno Rasmussen at ...
Articles - 03 May 2012

India: cement closures called in Rayalaseema

The Rayalaseema Rashtra Samiti, an organisation based in Proddatur of Kadapa district, has given a closure call for all cement factories in the four Rayalaseema districts on 23 May if the price pe...
News - 02 May 2012

Credit Suisse sees “headwinds” for Indian cement sector

Credit Suisse sees near-term "headwinds" for the sector due to a slowdown in rural and urban housing, despite the "attractive long-term rural story. "The investment bank re-starts coverage of the...
News - 02 May 2012

India: cement prices have started to weaken

CLSA India says cement prices have started to drop across India, with dealers expecting more falls ahead, according to its India Reality Research survey. Cement prices have fallen by an average...
News - 02 May 2012