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Nepal: Hetauda cement factory halts production

The lingering fuel crisis in Nepal is all set to affect the construction sector as the Hetauda Cement factory has completely shut down production since early this week, as petroleum could not be s...
News - 01 August 2008

Ambuja Cements, UltraTech to increase exports

Ambuja Cement Ltd, India’s second largest cement producer and UltraTech Cement Ltd, an Aditya Birla Group Company, have plans to increase cement exports taking the advantage of demand in the Middl...
News - 31 July 2008

Birla Corp to set up cement plant in Madhya Pradesh, India

MP Birla Group’s flagship company Birla Corporation, now controlled by R S Lodha, today announced its plan to set up a 3Mt cement plant in Madhya Pradesh at an investment of 1,200 crore.   The new...
News - 31 July 2008

India Cements 1Q net profit INR1.42bn

India Cements Ltd said Wednesday its fiscal first-quarter net profit fell 22% from a year earlier.   Net profit for the April-June quarter declined to INR1.42bn from INR1.83bn in the same quarter ...
News - 30 July 2008

Binani Cement plans international arm

Binani Cement, the Braj Binani-backed cement manufacturer, will set up an international subsidiary for its overseas operations and may list it at the London Stock Exchange’s Alternative Investment...
News - 29 July 2008

Indian Railways to help boost cement import from Pakistan

Indian Railways is planning to scale up transport of cement from Pakistan to help raise local supplies and tame price pressures, the state-run utility said in a statement on Friday.   "In a move t...
News - 28 July 2008

Sri Lanka Kankasanthurai factory to reopen soon

Moves are under-way to reopen the Kankasanthurai Cement factory as a step to cater to the local cement demand, Lanka Cement Limited Chairman Sisira Paranagama said. He said a sustainable solution...
News - 28 July 2008

Malaysia: cement price likely to rise on higher costs

An increase in the price of cement is possible due to higher operation and transport costs following the hike in petrol and diesel prices early last month. The Master Builders Association of Mala...
News - 28 July 2008

Sri Lanka seeks partners to revive plant

Sri Lanka’s industrial ministry plans to revive a defunct cement plant in Kankesanturai, in the northern Jaffna peninsula, through a joint venture, a government spokesman said.   Industrial Develo...
News - 25 July 2008

India: ACC Q2 net profit falls 27%

ACC Ltd, India’s largest cement producer, on Thursday announced that the company has reported a fall of 26.92% in its net profit to Rs 255.08 crore for the second quarter ended June 30, 2008 as ag...
News - 25 July 2008