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ItalcementiItalcementi's first half turnover declined by 5.1% to €2,455.1m and the running EBITDA by 12.6% to €434.5m. The trading profit fell by 16.8% to €197.9m and the net attributable profit virtually dis...Corporate - 31 July 2010 |
UltraTech to add capacity, 1Q disappointsUltraTech Cement, India’s biggest cement producer, aims to spend US$1.8bn to add 9Mt of new capacity over the next three years, The Economic Times of India reports. UltraTech, part of the diversi...News - 29 July 2010 |
Some improvements in dry bulk freights but...Freight rates for dry bulk carriers have continued to edge higher during the last week of July, with the industry’s main benchmark, the Baltic Dry Index (BDI) gaining some 2.16 per cent over the p...News - 29 July 2010 |
Samruddhi June quarter results, IndiaAditya Birla Group’s Samruddhi Cement today recorded a net profit for the June quarter of the current fiscal of INR 315 crore . The results of the company could not be compared, as it was d...News - 28 July 2010 |
Govt OKs Lafarge India mining in Meghalaya, BangladeshThe ministry of forest and environment (MoEF) on Monday told the Supreme Court that Lafarge Umiam could resume limestone mining in Meghalaya under the revised Conservation Plan and it had to pay u...News - 27 July 2010 |
Ultratech Cement gets nod for Samruddhi merger, IndiaIndia’s Ultratech Cement on Monday it has received the nod of the Bombay High Court and Gujarat High Court for a merger of Samruddhi Cement with itself. Last year, the boards of Ultratech Cement ...News - 27 July 2010 |
Birla Corp BoD clears expansion, IndiaThe Board of Directors (BoD) of Birla Corporation has cleared the proposal to increase clinker production capacity from 3600tpd to 6000tpd at its facility in Chanderia. It will also increase cemen...News - 27 July 2010 |
Further downturns noted in most freight sectors in JuneA second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the start of the week. The Capes fell by the larges...News - 26 July 2010 |
Birla Corp approves clinker expansion, IndiaThe board of Birla Corporation has approved expansion of the clinker production capacity at its Chanderia plant from 3600tpd to 6000tpd. According to a company press release, the corresponding cem...News - 23 July 2010 |
Pakistan cement exports fall, local dispatches up FY09-10The global financial crisis last year kept Pakistani cement industry under pressure as exports were down by minimal 0.89 per cent YoY to stand at 10.65Mt in the closing fiscal year, as compared to...News - 23 July 2010 |