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India: Madras Cements eyes 20% growth

Buoyed by likely growth in demand for cement in south and the company's renewed focus this year on a few states in the east and west, Madras Cements expects a 20% growth in its top line in the cur...
News - 02 May 2012

Madras Cements sees 20 per cent growth in FY12-13

Madras Cements expects a 20 per cent growth in its top line in the current financial year (2012-13) buoyed by expected cement deman growth in the south and the company’s renewed focus this year on...
News - 01 May 2012

INC to import 80,000t of clinker, Paraguay

Industria Nacional del Cemento (INC) will rise this week to the Public Procurement website’s invitation to bid, with an auction to buy 80,000t of clinker imports. This is the second call for tend...
News - 30 April 2012

Bokaro Jaypee Cement Plant inaugurated, India

Chief Minster Arjun Munda on Friday inaugurated the Bokaro Jaypee Cement Plant (BOJCP) which has a capacity of 2.1Mta at Balidih Industrial Area of Bokaro Steel City. The project is a joint ventur...
News - 30 April 2012

Stable prices boost India Cements 4Q profit

India Cements reported a five per cent rise in net profit attributed to stable cement prices and improved realisations. Business Line India reports that for the quarter ended March 31, 2012, th...
News - 26 April 2012

Pakistan cement exports earn US$339m in 9MFY2011-12

During 9MFY2011-12 (July-March), Pakistan cement exporters saw recovery in cement exports in terms of value. In Pakistani currency, the export also rose by 6.06%. In addition, the average cement p...
News - 25 April 2012

India: collusion ruling looms large over cement makers

Indian cement makers’ stocks fell on fears that the Competition Commission of India (CCI) will rule against the sector as it deliberates on whether companies have colluded to push up prices. On M...
News - 24 April 2012

UltraTech Cement net profit rises 19% in 4Q to US$69.7m

UltraTech Cement posted a 19% rise in net profit at INR8.67bn (US$69.7m) in the fourth quarter ended 31 March 2012, as compared to INR7.27bn (US$138m) in the corresponding quarter last year. Net s...
News - 24 April 2012

India Cements: investors could consider on long-term basis

Chennai-based India Cements is a leading player in southern India and has benefited from strong cement prices, given production discipline amongst local producers over the past few quarters. Conse...
News - 24 April 2012

Myanmar: building bridges

Myanmar is in political and economic transition. The changes are opening opportunities and it is an important time for cement producers as competition will increase as cement demand rises. However...
Articles - 23 April 2012