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Grasim 4Q Net profit up 58% on one-off gainIndia’s Grasim Industries Ltd said its consolidated net profit for the fiscal fourth quarter rose 58% from a year earlier, helped by a one-off gain. However, a drop in its operating margin dragg...News - 30 April 2008 |
Holcim to take total control of India’s ACILHolcim will take complete control of Ambuja Cements India Limited (ACIL) by buying the remaining 11 per cent from Ambuja Cements Ltd, a Holcim spokesman said on Monday. Holcim said the deal, wor...News - 29 April 2008 |
India’s cement prices seen stabilisingIndia’s cement prices are expected to stabilise, the junior industry minister told local press on the sidelines of a conference on Friday. "Post-ban on cement exports, the prices are bound to s...News - 25 April 2008 |
Financials under the spotlightAt the end of March 08, Cemex had a net debt US$18,813m disclosed, and a further undisclosed amount of debt in the form of perpetual notes that were lumped together with minorities. Cemex has not ...International Cement Review Editor's Blog - 24 April 2008 |
KHD wins major contract in IndiaDue to the booming market for cement in India, Jindal South West Group has decided to get into cement production with its subsidiary JSW Cement Ltd. by setting up 4.4Mta split located cement facil...News - 24 April 2008 |
Energy needs of cement industry may double in two years, IndiaAccording to Mr M Vasudeva director general of National Council for Cement & Building Materials, the energy requirement of cement industry is likely to go up by over 50% in the next 2 years and th...News - 23 April 2008 |
No cement export ban on supplies to SEZ units, IndiaCement supplies to units in special economic zones (SEZ) can continue unimpeded, with the Commerce Ministry now clarifying that the recently imposed ban on cement exports will not apply for such s...News - 21 April 2008 |
India March cement shipments up 8.5 per cent on YoYCement shipments in India rose 8.5 per cent in March from a year ago, the Cement Manufacturers’ Association’s Web site showed. Sales in March were 16.41Mt, compared with 15.12Mt in the year-ago p...News - 17 April 2008 |
Changes in the Board of Directors of Holcim LtdThe Board of Directors of Holcim Ltd will be proposing to the Annual General Meeting on May 7, 2008 that Christine Binswanger and Robert F. Spoerry be elected to the company’s most senior supervis...News - 16 April 2008 |
Pakistan cement exports to Middle East and African increaseHigh demand of Pakistan’s cement in the Middle East and African countries has enhanced significantly country’s exports by 80 percent in the three quarters of the current fiscal year to stand at 2....News - 15 April 2008 |