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India Cement reports quarterly profit

India Cement has posted net profit of INR697.1m for the quarter ended September 30, 2011 as compared to net loss of INR336.3m for the quarter ended September 30, 2010. Total income has increased...
News - 14 November 2011

JK Cement plans UAE white cement plant

India’s JK Cement has announced plans to set up a 0.6Mta white cement plant in the UAE through a subsidiary. The new plant will be set up at the Fujairah Free Trade Zone and according to JK Ceme...
News - 14 November 2011

Shree Cement operating at higher utilisation rates

Shree Cement Ltd is operating at 84-90% capacity while the industry is working at 70-75%, Executive Director Mahendra Singhi told NewsWire18 today."Overall the cement sector is not working on full...
News - 14 November 2011

India’s October output and demand down YoY

India’s cement production declined over 1% from a year ago to 14 .78Mt October, while dispatches fell nearly 2% to 14.38Mt, the Cement Manufacturers Association said today.     However, on a mon...
News - 14 November 2011

October sees rise in domestic Pakistan sales

Pakistan cement sales in October 2011 stood at 2.94Mt against 2.92Mt recorded during the same period last year, analysts said on Thursday. The contribution of local sales in the overall sales mix...
News - 11 November 2011

Shree Cement net profit rises, India

Shree Cement Thursday registered a nearly three-fold rise in net profit to INR38.49 crore (US$7.7m) for the second quarter of the current fiscal. The cement-maker had clocked a INR10.53 crore net...
News - 11 November 2011

Indian utilisation expected to decline further to 75% in FY12

All-India cement demand is expected to grow by 4.5% in FY12E against 4.4% in FY11 and 10.2% in FY10, according to analysts at ICICIdirect. Cement demand has been subdued during the year and grew...
News - 11 November 2011

FLSmidth lowers 2011 world cement capacity outlook

FLSmidth on Thursday cut its full-year 2011 expectation for world cement capacity growth and narrowed its revenue outlook slightly towards the upper end of an earlier range. FLSmidth reported a f...
News - 10 November 2011

Pokot project on track, Kenya

Construction of the new Pokot cement works, being built by the Sanghi Cement group, will be completed in two years. The company said it is on course with all processes and that the project would t...
News - 09 November 2011

Indian cement prices may be set for further rises

Cement prices in India, which have been rising since September after a sluggish run during monsoon, may increase by another INR10/50kg bag across India barring southern region, as manufacturers ex...
News - 09 November 2011