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Titan Group starts SCM venture in south Asia

Titan Group has entered the south Asian market through a new joint venture in India focussed on low-carbon building materials. The venture, formed in collaboration with Jaycee will operate under...
News - 13 February 2025

Bangladesh's cement industry earns US$7.71m in 7MFY24-25

Bangladesh experienced a 27.3 per cent YoY drop in cement export revenue to US$7.71m in the 7MFY24-25 (July 2024-January 2025) from US$10.61m in the same corresponding months of the previous year,...
News - 11 February 2025

ACC plant fails environmental compliance report

A joint committee of National Green Tribunal (NGT) has reported environmental compliance lapses at Adani Group ’s ACC Ltd Barmana cement Works (Gagal), Himachal Pradesh, India. The committee...
News - 10 February 2025

UltraTech Cement commissions new grinding capacity

UltraTech Cement has commissioned an additional 0.6Mta grinding capacity at its existing unit situated at Sonar Bangla , West Bengal, India. This additional capacity will help UltraTech to s...
News - 07 February 2025

Birla Corporation reports 71% fall in net profit for 3QFY25

Birla Corporation , the MP Birla Group ’s flagship company, has reported a 71.42 per cent YoY decline in its consolidated net profit to INR311.9m for the third quarter of FY25. This compares to ...
News - 05 February 2025

Indian cement demand slowed in 2024, but will rebound

Indian cement consumption expanded 6.2 per cent YoY in 2024, amounting to 444.2Mt, up from 418.1Mt in 2023. This is the slowest rate of expansion since the double-digit decline reported in 2020, d...
News - 05 February 2025

Union Budget praised for prioritising infrastructure expansion and affordable housing

The Cement Manufacturers’ Association (CMA) of India welcomes the Union Budget 2025-26, presented by the Honourable Finance Minister Smt Nirmala Sitharaman on 1 February. The CMA believes the Budg...
News - 04 February 2025

Indonesia announces 3 million housing boom raising cement demand

The Indonesian government’s plan to build three million houses annually is expected to increase the demand for cement and help address the excess supply of cement in the country. Hashim Djojoha...
News - 03 February 2025

Ambuja Cements announces volume growth of 17% in 3QFY25

Ambuja Cements Ltd has announced sustainable financial results for 3QFY24-25 (ended 31 December 2024) and 9MFY24-25. The Adani subsidiary announced cement sales volume growth in 3QFY24-25 of 1...
News - 29 January 2025

Nuvoco Vistas sees improving sales but EBITDA falls in 3QFY24-25

Nuvoco Vistas Corp announced its unaudited financial results for the 3QFY24-25, ended 31 December 2024, reporting a consolidated sales volume of 4.7Mt, up 16 per cent YoY.  Consolidated reven...
News - 28 January 2025