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Can Pakistani imports solve India’s supply problems?Cement is an important ingredient of the construction sector. With the country in the midst of an infrastructure boom, including the real estate sector, the demand for cement has grown manifolds. ...News - 30 April 2007 |
Cement prices fall by Rs10 per bag, PakistanCement prices in Pakistan declined on Thursday by Rs10 per bag as the construction activities have slowed down due to shortage of workforce that is currently engaged in wheat harvesting in Punjab ...News - 27 April 2007 |
High-margin cement sector lures new players in IndiaA growing number of Indian companies from other industries are scrambling to set up cement plants, lured by high margins or for environmental reasons, but government price controls could prove a d...News - 27 April 2007 |
India gives US$20m funding for Djibouti cement plantIndia has provided additional funding of US$10m to Djibouti for a cement plant project at Ali Sabieh, raising the total funding to US$20m . This will be done through a Line of Credit (LOC) by...News - 27 April 2007 |
India Grasim 4Q Consol Net Profit +60.2%India’s Grasim Industries Ltd Wednesday said fourth-quarter consolidated net profit rose 60.2%, boosted by higher cement prices that was driven by continued buoyant demand. Taking advantage ...News - 26 April 2007 |
Cement imports: Ports agree to forgo rentals till clearanceThe Government’s effort to cool down cement prices is gradually paying off, with 525t of the commodity landing in Mumbai and port authorities joining in the efforts to contain inflation by agreein...News - 26 April 2007 |
Cement exports dive as building boom eats up supplySouth Africa’s cement exports plunged 34 per cent last year as the country’s construction and building boom accelerated. Cement exports now represent only one per cent of demand and only 156,...News - 25 April 2007 |
Govt can’t ban cement cartel: FMGovernment on Tuesday admitted to the presence of cement cartels and its inability to deal with them without effective competition law in the country. "...As Mr Dhall has said there are well know...News - 25 April 2007 |
Holcim ups stake in India’s Gujarat Ambuja Cement to 30.3 per centHolcim has hiked its holding in India’s Gujarat Ambuja Cement to 30.3 pct from 28.5 per cent following the purchase of a 1.84 per cent stake for about INR3bn, the Economic Times reported. Hol...News - 24 April 2007 |
India Ultratech Cement 4Q Net Profit Jumps 75% To INR2.31bnIndia’s Ultratech Cement Ltd said its fiscal fourth-quarter net profit jumped 75% to INR 2.31bn from INR1.32bn a year earlier, helped by firm prices, growing sales and a higher share of blended ...News - 23 April 2007 |