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India’s growth in production rises

Growth in India’s cement production rose to a four-month high of 5.5% on year in February to 14.69Mt, the Cement Manufacturers’ Association said.     February output was marginally lower than 14...
News - 11 March 2011

Cement prices in Gujarat to rise, India

The price of cement in Gujarat is likely to increase by INR6-8 within the month due to input cost pressures. Prices have already risen in the range of INR10-12 per bag at the beginning of March af...
News - 11 March 2011

Five pakistan producers report losses

Five leading Pakistan producers have announced their financial results for the six months period ending 31 December 2010. Each incurred losses due to a fall in sales plus increases in administrativ...
News - 11 March 2011

Sagar & Amareswari Cements merger, India

Sagar Cement’s Scheme of Arrangement for the proposed merger of Amareswari Cements has been by the equity shareholders and unsecured creditors of the respective companies at meetings held on March...
News - 09 March 2011

India: cement dispatches to log 5-7% growth in February

Cement deliveries grew marginally in January this year by 1.4% YoY and are expected to rise 5-7% YoY in February, according to experts. This upturn comes after a 3% YoY decline in December and 6% ...
News - 08 March 2011

India: HeidelbergCement – cement price hike to counter rising coal rates

The cement space has been at the receding end of investor selling. One of the reasons is the recent hike in the raw material prices. Talking about the hike in coal prices, Ashish Guha, managing di...
News - 08 March 2011

Cement industry expects staggering growth in India

According to RNCOS’ recent research report “Indian Cement Industry Forecast to 2012”, the cement industry in India has emerged as a potential investment hub for international cement giants during ...
News - 07 March 2011

India: Supreme Court challenges High Court order in Sundernagar cement plant case

The Supreme Court has issued notice to the state Environment and Forest department and private respondents on a petition challenging the Himachal Pradesh High Court’s order quashing the environmen...
News - 07 March 2011

Dry bulk markets improve against backdrop of Middle East conflicts

With markets understandably rather unpredictable as a result of the continuing Middle East troubles, shipowners will be cheered by the upward swing in rates for all dry bulk sectors over recent da...
News - 05 March 2011

Cimpor: boosted by Brazil

Cimpor increased turnover by 7% in 2010 to €2239.4m, boosted by strong performances in Brazil, Turkey and China, but partially offset by the decline in Spain. The EBITDA advanced at a slower pace,...
News - 04 March 2011