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Pakistan firms see profits in exports to AfghanistanPakistan’s cement exports are being geared up due to increase in Afghan export prices to US$50-55/t from the previous level of US$39-45/t.??According to informed sources, the improved export price...News - 15 February 2012 |
India: Jaypee Cement comes to cityJaypee Group this week launched its brand Jaypee Cement in Hyderabad with the creation of a wide network to make the cement available state-wide through more than 1100 dealers. With an installed...News - 15 February 2012 |
Jaiprakash Associates 3Q net profit down 12%Jaiprakash Associates' net profit fell by 12% to INR2.05bn (US$41.6m) in the third quarter of the current fiscal, mainly on higher interest outgoings. The diversified company, having interest in...News - 15 February 2012 |
Pakistan: FY12 cement sales helped by local dispatchesFY12 has been witnessing a drop in Pakistan’s export sales, whereas domestic cement dispatches have been rising. The latest numbers released by the All Pakistan Cement Manufacturers Association (...News - 14 February 2012 |
India: JK Lakshmi Cement 3Q profits zoomJK Lakshmi Cement posted a net profit of INR492.4m (US$9.99m) for the quarter ended 31 December 2011 as compared to net profit of INR46m (US$0.9m) for the same period last year, representing stee...News - 14 February 2012 |
ACC and Ambuja optimistic on year aheadHolcim’s Indian interests, ACC and Ambuja Cements both have an optimistic outlook for domestic cement demand this year, the Wall Street Journal reports. ACC said though economic growth during th...News - 10 February 2012 |
Jaypee Cement set to launch new Andhra Pradesh plant, IndiaJaypee Cement’s new 5Mta cement plant, situated in Krishna District, Andhra Pradesh, will commence next month, Business Line of India reports. The new facility will cater mainly to the southern ...News - 10 February 2012 |
HeidelbergCement ahead in 2011, but margins narrowThe preliminary figures from HeidelbergCement show a 9.7 per cent advance in turnover last year to €12,902m, but the EBITDA was improving at a more modest 3.6 per cent to €2,321m. The trading prof...News - 09 February 2012 |
Action against cement companies delayed, IndiaAction against the eight cement companies alleged of flouting the forest and environment norms in the Jaintia Hills district of Meghalya, India has been further delayed. Local press report that...News - 09 February 2012 |
Pakistan cement industry pin hopes on MFN status to IndiaPakistan and India are likely to discuss the issue of Most Favoured Nation (MFN) during a visit this week by an India trade delegation, headed by its Commerce Minister Anand Sharma, visits Pakista...News - 08 February 2012 |