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ACC shuts Ghugus plant, India

ACC has shutdown its old plant in Ghugus MIDC area in accordance with Maharashtra Pollution Control Board (MPCB) directions on Monday midnight. The company will soon commission a new cement plant...
News - 03 March 2011

VIcat performs strongly in Switzerland, Turkey, India

In spite of its Asian expansion, Vicat has managed to retain a strong solid balance sheet with a gearing of 38.6% at the end of December, compared with 31.4% a year earlier. The net debt of EUR998...
News - 03 March 2011

Holcim: brighter prospects for 2011

Swiss cement major Holcim has reported a fall in 2010 net profit and looks to increase prices to offset rising input costs. However, for this year, the group expects a rise in sales across the boa...
News - 03 March 2011

India’s Jaiprakash Feb cement shipments up 36% YoY

India’s Jaiprakash Associates said on Tuesday cement shipments in February rose 36 per cent to 1.52Mt. The engineering and construction firm, which also has interests in hospitality and power, ha...
News - 02 March 2011

India’s UltraTech cement shipments up 4.3% YoY

India’s largest cement producer UltraTech Cement said on Tuesday cement shipments in February were at 3.33Mt, up 4.3 per cent from a year earlier. Production was up 2.9 per cent to 3.34Mt, the co...
News - 02 March 2011

Penna Cement plans packaging unit, India

Penna Cement Industries Ltd (PCIL), the cement manufacturer with a strong presence in South and North India, has now entered the western region with the launch of its cement products in Maharashtr...
News - 02 March 2011

CRH sees a further reduction in profits in 2010

CRH’s turnover declined by 1.2% in 2010 to €17,173m and the EBITDA came down by 10.4% to €1,615m. The trading profit fell by 26.9% to €698m and, after a net interest charge 16.8% lower at €247m, t...
News - 02 March 2011

Coal India’s price rise to hurt cement players

Several large cement producers are likely to be hit with Coal India announcing an increase in prices of coal effective 27 February. On an average, coal prices will move up by 12 per cent. The pric...
News - 02 March 2011

India Jan infrastructure output rises

India’s infrastructure sector output growth picked up in January, indicating industrial growth could be better in fiscal fourth quarter ending March compared with the three months to December. Ou...
News - 01 March 2011

Indian producers to hike prices by INR5/bag

Indian cement makers are likely to hike cement prices by around INR5/50kg bag from Tuesday and Wednesday to pass on the proposed effective hike in excise duty to consumers, dealers and stockists t...
News - 01 March 2011