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India to add 23Mt of fresh capacity next fiscalThe Indian cement industry, already experiencing an oversupply situation, is expected to add 23.3Mt of capacity in 2011-12 with the southern region accounting for a lion’s share of 9.2Mt. The Ea...News - 22 February 2011 |
JK Cement reports 96% drop in profits, IndiaJK Cement reported a marked drop in standalone net profit for the quarter ended December 2010. During the quarter, the profit of the company declined 96.06% to INR18.30m (US$0.4m) from INR464....News - 22 February 2011 |
Pakistan exports declineIn the first seven months of the current fiscal (July 2010-January 2011) Pakistan exported 4.74Mt of cement and earned US$244.53m compared to 5.98Mt at US$289.27m between July-January 2009-10. Thi...News - 22 February 2011 |
Binani may succeed in bourse exitBinani Cement, a part of the Braj Binani group, may succeed in delisting its shares from Indian bourses with public shareholders tendering nearly 80 per cent of their shares in response to a recen...News - 21 February 2011 |
New kiln capacity contracts rose in 2010, FLSmidth announcesIn 2010, FLSmidth announced in its annual report that optimism and customer interest gradually returned after a marked slowdown in customers’ investment plans in 2009. In cement, India was the pr...News - 17 February 2011 |
Jaypee sees capacity utilisation improving, IndiaJaiprakash Associates today said the capacity utilisation of the industry in general will be around 75-85% in next fiscal with the company at the upper end. "The demand for cement is likely to gr...News - 16 February 2011 |
GEI Industrial Systems to supply two Indian producersGEI Industrial Systems, one of the leading manufacturers of air cooled heat exchangers (ACHE) and air cooled vacuum steam condensers (ACSC), today announced that it has received orders from two In...News - 15 February 2011 |
India Cements says Indonesia mine buy delayedIndia Cements, the South-based cement major which had initially planned to start mining from its Indonesian coal mine by May 2010 is still awaiting environmental clearances from the government the...News - 15 February 2011 |
JK Cement targets 18% increase in turnover, IndiaJK Cement Ltd, one of the leading cement manufacturers in the country, has set a turnover target of around INR20bn (US$439m) the current financial year. This would be a growth of 17.64 per cent o...News - 14 February 2011 |
Djibouti cement project receives loanExport-Import Bank of India (Exim Bank) has extended a Line of Credit (LoC) of US$14m as additional amount to the government of Djibouti for completing a cement plant project in Djibouti. It has e...News - 14 February 2011 |