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US$15m cement plan to ease crisis

Bahrain’s only cement manufacturer, Star Cement, is to invest US$15m (BD5.6m) to increase production and combat a critical shortage, it was revealed yesterday. The mill in Hidd has a capacity to ...
News - 11 August 2008

India: Nod for cement plant prospecting

Even as Himachal Pradesh government is making a case for earning carbon credits through an active green policy, the state cabinet on Friday gave its nod for exploring the possibility of setting up...
News - 11 August 2008

India cement prices to fall on surplus output

Indian cement producers feel their margins will remain under pressure for the next several quarters as excess capacity build up in the country is expected to keep prices from moving up. This is de...
News - 08 August 2008

HeidelbergCement affected by US and British housing

Helped by the consolidation of Hanson, HeidelbergCement’s turnover first half rose by 66.5% to EUR6927.7m and the EBITDA increased by 45.8% to EUR1276.5m. The trading profit improved by 36.8% to E...
News - 06 August 2008

India sees slowdown in cement consumption

The Indian cement industry is expecting a slowdown with the GDP growth rate on a slippery path yet over 70Mt of fresh capacities in the pipeline over the next two years. The industry added capaci...
News - 06 August 2008

Cement factory proposal welcomed in Pokot district, India

A proposal by the multinational Mehta Group of Companies to establish a cement manufacturing plant in Pokot district has been welcomed by the president Mwai Kibaki. The President said the establi...
News - 05 August 2008

Vicat moves into India

Vicat’s first half turnover declined by 2.5% to EUR1,054.8m, which represents a 0.2% reduction on a comparative basis, while the EBITDA declined 6.8% to EUR269.4m.  The net interest charge rose to...
News - 05 August 2008

Pakistan cement sales decline, exports grow

Local cement sales have witnessed a fall of 13 per cent from 1.95Mt in July 2007 to 1.69Mt in July 2008. The decline in local sales is primarily due to skyrocketing construction costs amid the inc...
News - 04 August 2008

Dalmia Cement to raise prices

The Delhi-based Dalmia Cement Bharat, like others, is  feeling the pinch of  surging input costs, inflation and rising interest rates and is ready to take some serious measures on the price fr...
News - 04 August 2008

Sri Lanka to give cement plant contract to Birla

Sri Lanka wants to give India’s Aditya Birla group a contract to revive a defunct cement plant in Kankesanturai, in the northern Jaffna peninsula, owned by the listed Lanka Cement, construction mi...
News - 04 August 2008