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ACC Q2 net profit soars

Associated Cement Companies (ACC) posted a sharp growth in net profit for the second quarter as firm prices and gains from a non-operating transaction boosted the profitability of India’s second l...
News - 20 July 2006

PIL seeks closure of cement plants

A PIL filed by a law student seeking closure of cement plants in and around Khrew of south Kashmir’s Pulwama district has put the Wildlife Department, the Pollution Control Board and other concern...
News - 20 July 2006

Taking a longer-term view

Now, apparently is the time to negotiate period business and the larger contracts of affreightments (coa). This trend has been widely driven by the recent upturn of most commodity prices even if o...
News - 20 July 2006

Cement companies to post robust Q1 results, India

Cement companies are likely to report impressive June quarter results, driven by continuing demand growth and a sharp rally in cement prices. The analysts said that the April-June 2006 period cou...
News - 19 July 2006

Heidelberg to buy Mysore Cement, India

Barely four months after entering India through a joint venture with Indorama Cement, HeidelbergCement is set to consolidate its presence through acquisition of a majority stake in Mysore Cements....
News - 18 July 2006

India Cements posts record net profit

India Cements Ltd has posted a net profit of Rs 112.59 crore for the quarter ended June 30, 2006, which figure, it says, "far exceeds even the highest ever annual profit registered by the company ...
News - 18 July 2006

Cement cos to claim carbon credits under Kyoto Protocol

The cement sector is set to become one of the major gainers of the clean development mechanism (CDM) under the Kyoto Protocol Agreement, which enables developing countries like India to trade carb...
News - 17 July 2006

SAIL, Jaypee may team up for Bokaro cement plant

The Jaypee group is leading the race to become the strategic partner in Steel Authority of India’s (SAIL) proposed cement plant at Bokaro. As per the plans, SAIL is to hold 26% stake in the joint ...
News - 14 July 2006

Cement prices may go down, India

Cement prices appear to be steady despite the monsoon having set in and Mumbai experiencing heavy downpour. But the lowering of the prices, though marginally, is on the cards.   While prices of so...
News - 12 July 2006

Expectations of impressive SCC’s 2Q06 earnings, Thailand

Siam Cement (SCC) is expected to announce net profit of around Bt8,381mn (EPS of Bt6.98) down 12% qoq and 4% yoy.  SCC will announce their 2Q06 earnings results on July 26.   If SCC does report e...
News - 11 July 2006