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7Mt of surplus cement by June-end, Pakistan

Pakistan’s cement industry is likely to produce 7Mt surplus cement by the end of current fiscal year ending June 2007, followed by another 12Mt surplus production during next fiscal year 2007-08. ...
News - 23 April 2007

India’s Gujarat Ambuja Cements Q1 net profit up, MD resigns

India’s third largest cement maker, Gujarat Ambuja Cements posted a 6.6 pct rise in first quarter net profit and said its managing director has resigned and will be replaced by AL Kapur. The comp...
News - 23 April 2007

India Cements Jan-Mar results beat forecast

Cements Ltd. posted a net profit of 1.4 billion rupees in January-March compared to 270.3 million rupees a year ago, riding on high volumes and cost efficiency, a senior official said on Friday.  ...
News - 20 April 2007

India ACC 1Q net up 54.9% boosted by higher prices

Indian cement maker  ACC Ltd Thursday said its fiscal first quarter net profit surged 54.9% on year, driven by higher cement prices.     The company, which is India’s largest standalone cement ma...
News - 20 April 2007

Above Rs 190, CVD will hit foreign cement

Turns out, imported cement may not be cheaper after all, if a government clarification to its own notification and the Finance Bill are anything to go by, according to DNA of India. The clarifica...
News - 19 April 2007

Govt urged to slash duty on cement

The Cement Manufacturers Association of India has said that the government should reduce the duty structure on cement so as to make it more affordable for the consumer. The duty at present is 70% ...
News - 17 April 2007

Cement sales at all-time high, India

Cement sales during the fiscal ended March 31, 2007 stood at an all-time high of 155Mt as against last fiscal’s 142Mt, recording a growth of 10%. Continuing its 100% capacity utilisation since Jan...
News - 17 April 2007

Barak Valley Cement eyes expansion, India

The ongoing wrangling over cement prices following the Budget proposals to contain them has had little effect on the North-East based cement company Barak Valley Cements Ltd (BVCL), which is all s...
News - 17 April 2007

Cement imports from Pakistan may not impact retail costs’

The import of cement from Pakistan may not bring in much relief in the retail price across different regions of the country and may fail to improve the supply scenario in a significant manner, acc...
News - 16 April 2007

Sri Lanka sees rich cement export potential from Jaffna plant

Sri Lanka has the potential to ship cement to South Indian markets across the Palk Straits if peace comes and a defunct plant in the northern Jaffna peninsular sitting on a rich limestone deposit ...
News - 13 April 2007