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Italcementi

Italcementi's turnover for the first nine months of 2010 declined by 4.7% to €3,665.9m and the EBITDA fell by 16.2% to €660m. The trading profit fell by 25.1% to €303.4m and the interest charge ros...
Corporate - 02 November 2010

India: Essar to invest in new Madhya Pradesh unit

Diversified conglomerate Essar Group has firmed up plans to invest over INR2000 crore to set up a new cement and ferroalloy unit in Madhya Pradesh as part of its mega investment programme in the s...
News - 02 November 2010

JK Cement slips into the red, India

India-based producer JK Cement has slipped into the red with a INR21-crore loss in the quarter ended September 30, due to a stiff rise in costs of raw material, freight, and fuel. 

The company h...
News - 01 November 2010

India Cements launches operations in the north

Announcing its pan-India presence leading cement manufacturer India Cements today announced launch of its operations in North India. The newly-commissioned Mahi Cement Plant, with a capacity of ...
News - 01 November 2010

Nepal cement plant resumes production

Nepalese cement producer, Hetauda Cement Industry, has resumed production after a gap of one month due to maintenance work. The producer halted cement production for the last four weeks although ...
News - 01 November 2010

ACC October shipments rise

India’s No. 2 cement producer, ACC Ltd, said on Monday shipments in October rose 13.6 per cent from a year earlier to 1.92Mt. The company, in which Holcim holds about 46 per cent, said production...
News - 01 November 2010

China slowdown to put dampener on demand

China’s introduction of measures in April 2010 to avoid a potential housing bubble have precipitated a decline in global steel prices as the government attempts to control residential construction...
News - 01 November 2010

Markets remain fairly stable in late October

Markets were noted to be holding fairly steady in late October with the the Baltic Dry Index closing on Friday the 29th of October 2010 at 2678 points, with some small gains in the Panamax sectors...
News - 30 October 2010

UltraTech appoints additional director, India

The board of directors of UltraTech Cement Ltd. has appointed Adesh Gupta as an additional director with immediate effect in its meeting held on Oct. 26. Adesh Gupta is the CFO and a whole-time di...
News - 29 October 2010

Indian cement dispatches register monthly decline in September

Cement dispatches in India reached 12.56Mt in September, up seven per cent YoY from 11.74 in 2009, but down two per cent on the previous month of August. Year-to-date cement dispatches (April-Se...
News - 28 October 2010