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India Cements to up IndoZinc stake

South-based India Cements is going to increase its stake in IndoZinc, the company where it has 69% stake. But the total stake will not exceed 90%, the company management said. IndoZinc has notifi...
News - 15 November 2010

HeidelbergCement India seeks coal supply partnerships

HeidelbergCement India Ltd is seeking to form joint ventures to secure coal supplies for a planned INR12bn (US$265m) expansion. The local unit of Germany’s Heidelberg AG plans to double capacity ...
News - 15 November 2010

Shree Cement 2Q net profit declines, India

Shree Cement Ltd Thursday reported a 96% plunge in second-quarter net profit, due to lower cement prices and higher input costs. For the July-September quarter, net profit fell to INR105.4m from ...
News - 12 November 2010

Re: Pet Coke

Dear Saddam,   These things are secondary. Foremost one is cost economy. Low TPH of coal is no problem if it is cost effective. In case of india, where fuel is imported coal and rising prices of...
Technical Cement Forum - 11 November 2010

Holcim third-quarter net profit falls

Holcim said its third-quarter net profit fell 19.2 per cent with the company saying its markets in the United States, Mexico, Eastern Europe and India suffered the biggest setback. The company s...
News - 10 November 2010

My Home Industries capacity expansion, India

Home Industries Ltd is planning to expand its cement capacity with an investment of Rs400 crore. The company intends to add a capacity of 1Mt at its plant in Visakhapatnam to take the capacity to ...
News - 09 November 2010

Italcementi incapable of meeting 2010 targets after 3Q – analysts

Some Italian brokers said on Monday they did not exclude the possibility that local cement producer Italcementi could make a notable cut in the 2010 and 2011 estimates after the group published di...
News - 09 November 2010

Lower European and Asian profits at Italcementi

Italcementi’s turnover for the first nine months declined by 4.7% to €3,665.9m and the running EBITDA was down by 16.2% to €660. The trading profit fell by 25.1% to €303.4m and the interest char...
News - 08 November 2010

Cement prices rise in East, South India

In a trend that suggests cement producers may be teaming up to see that prices do not come down, cement prices, pan-India, have been rising since September 2010. This is despite the fact that dema...
News - 08 November 2010

Rising costs may pinch JK Cement, India

JK Cement, which is focused on the northern Indian and Karnataka markets, has seen some investor interest over the past three months, despite a rather lacklustre performance in the September 2010 ...
News - 08 November 2010