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US$15m cement plan to ease crisisBahrain’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 prospectingEven 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 outputIndian 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 housingHelped 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 consumptionThe 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, IndiaA 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 IndiaVicat’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 growLocal 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 pricesThe 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 BirlaSri 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 |