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Binani revives stake sale plan in cement arm, India

Binani Industries has revived its plan to float 10.9 per cent equity of its cement arm Binani Cement Ltd through a public issue.   the company said it had withdrawn the draft prospectus filed wit...
News - 08 November 2006

JK Cement to start work for Karnataka plant by December

JK Cement today said it proposes to start construction work for its three million tonne greenfield plant at in Karnataka by the end of December this year.     "Currently the land for the propose...
News - 08 November 2006

Italcementi Q4 sales growth unlikely to exceed 10 per cent

Italcementi SpA managing director Rodolfo Danielli said sales growth in the fourth quarter is unlikely to exceed 10 per cent compared to a year earlier. ’I would be surprised to see another te...
News - 07 November 2006

HeidelbergCement 3Q sales €2.58B Vs €2.25B

HeidelbergCement AG - Heidelberg, Germany         3 Mos Sep 30                          2006             2005  Sales          EUR2.58 Bln      EUR2.25 Bln  Oper Pft           523 Mln         ...
News - 07 November 2006

HeidelbergCement makes solid gains

German cement maker HeidelbergCement AG said Monday it saw an 86% jump in its net profit in the first nine months of the year, owing largely to an acceleration of growth in Europe. HeidelbergCemen...
News - 06 November 2006

Cement prices up in Gujarat, & Maharashtra, India

Cement companies have raised prices by 5 rupees per 50kg bag in western states of Maharashtra and Gujarat from Nov. 1, an industry source said.     The price range for cement after the increase w...
News - 01 November 2006

Analysts see price downturn in FY08, India

 Domestic cement prices are unlikely to correct drastically in the second half of ’07-08 (FY08) and ’08-09 (FY09), according to foreign brokerage CLSA, due to likely delays in capacity addition co...
News - 31 October 2006

JK Cement net up more than six fold, India

Kanpur-based JK Cement Ltd today reported a more than six fold jump in its net profit at Rs 34 crore for the quarter ended September 30, 2006, as compared to Rs 4.9 crore in the year-ago period.  ...
News - 31 October 2006

Construction firms look East for cement imports as prices firm up

Construction companies in India are looking east for importing cement as domestic price of the building material is moving north. As cement prices have shown over 60 per cent increase in last one ...
News - 30 October 2006

Iron ore news dominates market trends

Iron ore developments have tended to dominate market discussions over the past fortnight especially with the merger process between Tata steel and Corus going one step forward this week, after Coru...
News - 30 October 2006