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India Cements seeks mine lease

India Cement is seeking mining leases in Madhya Pradesh, Chattisgarh and Rajasthan to meet coal requirements as it looks to expand beyond the south. The company expects to raise capacity to over ...
News - 10 May 2010

Italcementi sees continued short term price pressures

Italcementi’s first quarter turnover was off by 10.7% to €1,072.5m, while the running EBITDA fell by 28.2% to €135.7m and the trading profit dropped by 63.0% to €23.9m.  At the pre-tax level, ther...
News - 10 May 2010

UP cement market pegged at 22Mt

The annual cement market in Uttar Pradesh, India, has been pegged at about 22Mt thanks to a large number of infrastructure and housing projects underway, both at the institutional and retail level...
News - 10 May 2010

Lafarge to raise China capacity

Lafarge said it would increase its cement production capacity in China by 80Mt in the period from 2010 to 2011, sources reported. The company plans to add 177Mt of cement production capacity in e...
News - 10 May 2010

Vicat’s first quarter cement shipments marginally ahead

Vicat’s first quarter turnover declined by 6.2% in absolute terms and by 5.6% on a comparative basis to €398m.  In cement, the turnover was off by 3.4% to €214m, while cement volumes edged ahead b...
News - 06 May 2010

ACC April cement production declines, India

ACC announced that the cement production for the month of April declined to 1.79Mt from 1.84Mt in April 2009. The cement despatches for the month edged down to 1.79Mt from 1.8Mt in the year ago mo...
News - 05 May 2010

Bhilai Jaypee Cement project faces government block, India

The Chhattisgarh government has refused to grant permission to Bhilai Jaypee Cement Ltd as the company had allegedly violated norms while constructing structures for its plant in the Durg district...
News - 05 May 2010

Ambuja Cements reports higher April shipments

Ambuja Cements, India’s No. 3 cement maker, reported April shipments rose 15.6 per cent from a year ago to 1.9Mt. The company, in which Holcim holds about 46 per cent, said production in April ro...
News - 04 May 2010

Weak prices drag India Cements Jan-Mar net 59 per cent

A sharp fall in cement prices in south India hit India Cements, with its Jan-March net profit falling 59% YoY to INR383.2m. Revenue for the quarter rose 8.7% YoY to INR9.64bn led by robust volum...
News - 04 May 2010

Holcim posts loss, hit by harsh winter, weak economy

Holcim reported a first-quarter loss on slumping demand in Europe and North America. Net loss reached SwFr68m (EUR47m) for the first three months of the year, as the group was hit by a one-off cha...
News - 04 May 2010