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CRH helped by acquisitions

CRH'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, India

Jaiprakash 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 grow

Pakistan 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 friend

The 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 coverage

Jefferies 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 3.6bnt

Global 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 exporters

An 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 acquisition

Shriram 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 4Q

HeidelbergCement 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