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Pakistan optimistic on 2011 prospects

The Pakistan cement industry is quite optimistic that 2011 will be more prosperous for the industry as new export markets/orders are being explored in East Africa, Middle East, Asia and the Far Ea...
News - 26 January 2011

UltraTech posts 36% fall in quarterly profit, India

UltraTech Cement Ltd, India’s largest cement maker by capacity, Tuesday posted a 36% fall in its third-quarter net profit. Net profit for the three months through December dropped to INR3.19bn (U...
News - 25 January 2011

Indian companies may rise prices by INR10/bag

India’s cement companies may raise prices by INR10 per 50kg bag in the western part of the country, owing to a shortage of railway wagons, said a dealer Monday. The hike will likely to take effe...
News - 24 January 2011

SAIL unit to start production in March, India

Bokaro Jaypee Cement Limited (BJCL), a joint venture company of Steel Authority of India Limited (SAIL), Bokaro Steel Plant (BSL) and Jaypee Associates Limited (JAL) has proposed to start its prod...
News - 24 January 2011

Demand, prices to boost India cement sales

India’s top cement companies are likely to post a rise in sales in October-December, helped by higher prices of the building material and an uptick in demand. But the companies’ profitability will...
News - 24 January 2011

JK Lakshmi appoints new director, India

JK Lakshmi Cement today said IDBI Bank’s executive director, RK Bansal, has been appointed as director on the company’s board. 
"... IDBI Bank has appointed Raj Kumar Bansal, Executive Director o...
News - 24 January 2011

India’s ACC to consider merging three units

India’s second-largest cement maker by capacity, Friday said its board will meet on February 3 to consider merging three subsidiaries with company. The subsidiaries are Encore Cement And Additive...
News - 21 January 2011

India’s Supreme Court directs flyash supply

India’s Supreme Court on Monday directed the Andhra Pradesh Power Generation Corporation (APPGC) to supply fly ash to cement firms Zuari Cement and India Cement at INR250/t (US$5.48). Allowing th...
News - 20 January 2011

FLSmidth signs contract with JK Lakshmi Cement

FLSmidth has signed a contract with JK Lakshmi Cement (JKLC) in India for the supply of equipment for a 4500tpd pyroprocessing system for its upcoming cement plant in Durg, Chhattisgarh in Central...
News - 20 January 2011

India calls for reduced VAT on cement

The cement industry last week submitted its pre-budget memorandum 2011-12 to the finance ministry, where it requested the government to bring the value-added tax (VAT) on cement on a par with othe...
News - 17 January 2011