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Shree Cement expansion, IndiaShree Cement (SCL), the Kolkata-based firm will invest Rs 550 crore in the current fiscal. The company is building a waste heat recovery-based power plant of 10MW capacity in Ras (Rajasthan) with...News - 24 July 2008 |
India: 1Q cement sales riseDespite cement sales of leading Indian producers improving in the first quarter of 2008-09, the steep rise in input cost is expected to exert pressure on the bottom lines. Except for ACC and Ultr...News - 22 July 2008 |
Aditya Birla eyes coal minesIndia’s Aditya Birla Group Friday said the group is looking to buy coal mines overseas to lower input costs, just as one of the group companies, Ultratech Cement Ltd reported flat first quarter pr...News - 21 July 2008 |
Shree Cement sees steady margins in FY09India’s Shree Cement expects steady margins in FY09, managing director H.M. Bangur told local press. "A nominal price rise will be there after October but after that expectations of a supply surp...News - 21 July 2008 |
Pakistan cement exports hit record highPakistan cement exports after earning a historical level of US$435m foreign exchange during financial year 2007-08, is all set to touch US$1bn-mark by 2010, industry sources told Daily Times Thurs...News - 18 July 2008 |
India: ACC may invest in ready mix concrete businessesAssociated Cement Companies (ACC) plans to double its number of readymix concrete units to 46 this year. The ACC spokesperson confirmed the development, but declined to divulge the investment on t...News - 16 July 2008 |
Birla exects to inspect defunct cement plant in Sri LankaA team of officials from India’s Aditya Birla group is to visit Sri Lanka Wednesday with the aim of inspecting the site of a defunct northern cement plant the Indian group wants to invest in. "T...News - 16 July 2008 |
India cement-makers’ profits set to slumpThe Indian cement industry is set to see some tough times, according to the Business Standard of India, with margins likely to fall further in the June quarter. The industry’s profit may decline...News - 15 July 2008 |
India June cement shipments up 8.7 per cent YoYCement shipments in India rose 8.7 per cent in June from a year ago, data from the Cement Manufacturers’ Association showed. Sales rose to 14.79Mt in June, compared with 13.61Mt a year ago, whil...News - 11 July 2008 |
India Cements to set up four new plantsIndia Cements Ltd is poised for expanding its cement manufacturing facilities in northern part of the country by setting up four new cement plants at Himachal Pradesh, Rajasthan, Madhya Pradesh an...News - 10 July 2008 |