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PT Semen Andalas inaugurates new packing unit, Indonesia

PT Semen Andalas Indonesia, a subsidiary of Lafarge, inaugurated its new cement packing unit and port terminal Thursday in Lhoknga, Aceh Besar regency, Nanggroe Aceh Darussalam province. The inau...
News - 29 January 2007

Cement prices add to realty overheating

NEW DELHI: Speculation and demand & supply gaps are sending real estate prices spiralling upwards. But prices of cement too are adding to the boom. In 2006, cement prices continued their journey t...
News - 29 January 2007

India Cements 9-month net up

With unabating buoyancy in cement demand, India Cements stayed itself firmly in the high profit zone. It posted a record net profit of Rs 79.78 crore in the third quarter ending December 31, 2006,...
News - 23 January 2007

India’s Grasim Q3 profit soars, beats forecast

Grasim Industries Ltd said its quarterly net profit more than doubled on higher sales, beating market expectations. Grasim said its net profit rose to Rs4.11bn ($93 million) in its fiscal third-qu...
News - 23 January 2007

Indian prices show no signs of relenting

After being range-bound for over six months, cement prices have once again started to rise across the country. In New Delhi, for instance, cement is now selling at over Rs 215 per bag of 50 kg, co...
News - 22 January 2007

ACC to enhance Wadi plant

India’a ACC plans to enhance capacity at its Wadi plant in Gulbarga district of Karnataka, as part of its overall expansion plans to meet growing demand for the material in the country. From the ...
News - 22 January 2007

OCL India Q3 net profit soars four-fold

Cement manufacturer OCL India Ltd today reported a more than four-fold jump in net profit during October-December 2006 to Rs 17.74 crore compared to Rs 4.04 crore in the year ago period. For the l...
News - 22 January 2007

India Cements plant in Himachal delayed by six months

The Chennai-based India Cements Ltd proposed plant in Himachal Pradesh has been delayed by at least six months as costs have gone up by Rs.2.5bn, officials here said.    India Cements and the Him...
News - 19 January 2007

Shree Cement reports 272.42 % rise in net profit

Shree Cement on Thursday reported a 272.42 % rise in net profit at Rs 104.13 crore for the third-quarter (Q3) ended December 31, 2006, compared to a Rs 27.96 crore net in the earlier corresponding...
News - 19 January 2007

JK Lakshmi Cement’s net profit growth of 386%

JK Lakshmi Cement Ltd., one of the top manufacturers of cement in North India has posted an exceptional growth for the quarter ended December 31, 2006. It recorded net sales of Rs 228.64 crore, a ...
News - 19 January 2007