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UPCL to set up cement blending unit, India

Udupi Power Corporation Limited (UPCL) plans to establish a cement blending unit at its plant in Udupi district to overcome fly ash problem leading to environmental threat in the agricultural fiel...
News - 01 February 2012

Yemen: finding its feet

Yemen’s cement market is relatively young in terms of private company participation, but state-run factories have been actively supplying cement for almost 30 years. In the last three years new ce...
Articles - 31 January 2012

UAE: survival of the fittest

The property and construction sector slowdown continues to impact on UAE cement producers, driving utilisation levels and prices down when production capacity has increased to over 40Mt – well in ...
Articles - 30 January 2012

Bangladesh set for a boom

With its economy growing at a steady pace, and housing and infrastructure offering plenty of construction potential, Bangladeshi cement producers can look forward to the future despite one or two ...
Articles - 27 January 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 January 2012

Fitch affirms ACC rating, India

Fitch Ratings has affirmed India-based ACC’s National Long-Term rating at 'Fitch AAA(ind)'. The outlook is Stable. The affirmation reflects ACC's pan-India presence with around 10% market share ...
News - 26 January 2012

CMA announces Muthiah as new head, India

Mr MAMR Muthiah, managing director of Chettinad Cement Corporation has been announced as the new president of the Cement Manufacturers Association of India at its 50th annual meeting, according to...
News - 26 January 2012

Jaypee to launch open offer for Andhra Cements shares

Jaypee Development Corp is set to launch an open offer for the acquisition of INR7.63 crores shares of Andhra Cements at INR12/share, according to reports by the Economic Times on India. Existing...
News - 25 January 2012

UltraTech 3Q net profit rises 93% on improved demand

India’s largest cement producer, UltraTech Cement, reported a 93 per cent rise in 3QFY12 net profit thanks to a double-digit rise in cement demand but energy costs continue to weigh on the company...
News - 23 January 2012

Indian producers expected to post 3Q gains

Increased selling prices and improved sales volumes are expected to help Indian producers post a higher net profit for the October-December 2011 quarter. Aditya Birla is expected to report a 48...
News - 19 January 2012