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Pakistan looks to make India top cement market

Following relaxation of cement imports, Pakistan is planning to export 6Mt of the commodity to India annually. This means India will replace Afghanistan as Pakistan’s top cement export market.   I...
News - 25 October 2007

Cement output up 8.4%, West Bengal

Cement production in West Bengal grew by 8.4 per cent compared to an India average of 9.8 per cent during 2006-07.   Cement production in the state had registered 5.5 per cent rise during 2005-06....
News - 25 October 2007

Madras Cements net rises on better regional prices

Madras Cements Ltd of India posted a 34 per cent rise in its quarterly net profit riding better price realisations in the southern region and beating analysts’ estimate.     It has posted a net p...
News - 24 October 2007

Binani Cement Jul-Sep net at INR478.7m

Binani Cement Ltd has posted a net profit of INR478.7m for the July-September period on a net sales of INR2.14bn.   It is looking at a full-year net profit of INR3bn and hopes to save INR200m tow...
News - 24 October 2007

Indian cement industry to grow by 10 per cent in 2007-08

The demand for cement in India is expected to grow by 10 per cent in 2007-08 fiscal driven by housing sector, a senior industry official said.     "The kind of growth we are seeing in Indian econ...
News - 23 October 2007

India Cement Q2 net profit up 90%

India Cements Ltd’s July-September net profit rose 90 per cent to Rs 222.65 crore compared with Rs 117.32 crore in the same quarter of the previous year.    Total income for the September quarte...
News - 23 October 2007

AV Birla group to raise cement production capacity

The Aditya Birla Group today said it will increase its cement production capacity by almost 50 per cent to 46Mt in the next one year as it seeks to increase sales and gain higher market share.   ...
News - 23 October 2007

Pakistan’s Lucky Q1 net profit up 53 per cent

Pakistan’s biggest cement manufacturer, Lucky Cement, reported on Monday a 53 per cent rise in earnings for the quarter ending on Sept. 30, which analysts said was due to higher sales and cement p...
News - 23 October 2007

Holcim hikes Ambuja stake to 40 per cent

Holcim, the world’s second largest cement maker, has scaled up its shareholding in Ambuja Cements (ACL) by 3.15 per cent to nearly 40 per cent for Rs 714 crore through open market operations.   In...
News - 23 October 2007

ACC 3Q Net Profit +30% On Higher Cement Prices, Sales

Indian cement manufacturer  ACC Ltd said its third-quarter net profit rose 30% on higher cement prices and sales volumes, and analysts expect robust growth on strong demand for the commodity for t...
News - 19 October 2007