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Corporate - 31 May 2010

Cimpor

Cimpor reported a 0.5% lower first quarter turnover at €479.4m ands the EBITDA declined by 8.7% to €123.5m. The strong growth in Brazil compensated for much of the weakness in some other major grou...
Corporate - 31 May 2010

CRH working on acquisitions

CRH said it is watching out for acquisitions of a larger nature as indebted companies sell assets. "We are working on quite a good number of opportunities at the moment but we are focused on gett...
News - 28 May 2010

Jaiprakash Associates 2011 outlook, India

Jaiprakash Associates (JAL) reported revenues Rs 10,355 crore, up 68% for FY10. The net profit before extraordinaries came in at Rs 1,920.3 crore versus Rs 897 crore, YoY. The company has met it...
News - 28 May 2010

Bangladesh: SC advises conditional clearance for Lafarge

The Supreme Court has advised the Ministry of Environment and Forests, Government of India, to consider a conditional clearance to Lafarge, to recommence mining operations in Meghalaya for supply ...
News - 25 May 2010

Madras Cement reports fall in net profit, India

Madras Cements reported a higher operating profit before interest, depreciation and tax at INR877.41 crore during the year ending March 31, 2010 against Rs 793.50 crore in the previous year. Howev...
News - 25 May 2010

JK Lakshmi Cement eyes acquisition, Egypt - report

JK Lakshmi Cement, a Delhi-based cement manufacturer and the flagship company of Hari Shankar Singhania Group, is in talks with an undisclosed Egyptian cement firm for acquisition. Local press rep...
News - 25 May 2010

India: cement price fall will hit first-quarter margins

The cement industry is facing a continuous downward spiral in prices and adding to its woes is the decline in growth figures for the last three months. Analysts who had estimated good first-quart...
News - 24 May 2010

Nepal: Dang cement factories to replace 60 per cent of imports

The two mega cement factories preparing to commence productions in Nepal within next one and a half years have said that they can replace more than 60 per cent of total cement imports once they st...
News - 24 May 2010

India: coal shortage slows down cement expansion

Expansion of cement production capacities in the southern states is likely to be slower than expected due to shortage in coal supplies, the main fuel. The backlog demand from cement plants for ad...
News - 21 May 2010