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CRH helped by acquisitionsCRH's turnover recovered by 5.3% last year to €18,081m and the EBITDA was ahead by 2.5% to €1656m. The trading profit rose by 24.8% to €871m and after other charges, including a net interest charg...News - 28 February 2012 |
Jaiprakash to hive off cement company, IndiaJaiprakash Associates will hive off its cement plants and other units of the company to wholly-owned subsidiary, Jaypee Cement Corporation, the Economic Times of India reports. "We are pleased t...News - 28 February 2012 |
Pakistan cement exports forecast to growPakistan cement exports in the first seven months (July 2011-January 2012) of the current fiscal year fell in terms of quantity but gained in price by US$4.33/t, data by the Pakistan Bureau of Sta...News - 27 February 2012 |
Cement's best friendThe aggregates industry is closely linked to the cement industry in several aspects. Not only are cement companies commonly diversified owners of downstream operations, but some of the aggregates...Articles - 27 February 2012 |
Jefferies starts India cement coverageJefferies has initiated coverage on the Indian cement industry with a buy rating on ACC, Grasim Industries, India Cements, UltraTech Cement, and hold rating on Ambuja Cements. "We believe India...News - 24 February 2012 |
2011 global consumption reaches 3.6bntGlobal cement consumption amounted to around 3.6bn tones in 2011 of which China accounts for approximately 2.0bn and India approximately 0.2bnt, according to FLSmidth in its latest annual report. ...News - 22 February 2012 |
Indian cement importers meet Pakistan exportersAn Indian trade delegation of over 120 business people, government officials and members of Federation of Indian Chambers of Commerce and Industry (FICCI) including cement importers visited Pakist...News - 22 February 2012 |
India January cement dispatches up 9.4%Indian cement dispatches during January 2012 increased by 9.4 per cent – the third straight month of high growth due to a low base effect (January 2011: +1.1 per cent). Dispatches in January 2012...News - 22 February 2012 |
Shriram EPC to enter cement business through acquisitionShriram EPC, part of the financial services major Shriram Group, is expected to enter the Indian cement sector by picking up a majority stake in Sree Jayajothi Cement, according to local press rep...News - 21 February 2012 |
High input costs impact HeidelbergCement India 4QHeidelbergCement India posted lower-than-expected results on the back of a sharp rise in input costs. However, the company’s exposure to the Central and Western regions, where demand remains stron...News - 20 February 2012 |