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Gujarat Ambuja Q1 net lags forecast

India’s third-largest cement maker, Gujarat Ambuja Cements Ltd. reported a 7 per cent rise in quarterly profit on Wednesday, below street expectations as floods in its key market hit sales. With t...
News - 20 October 2005

Siam Cement Group expects sharp rise in export sales to Middle East

SCT Co, the international trading arm of the Siam Cement Group, expects sales in the Middle East to grow by 30 per cent next year from a record two billion baht this year to tap growing wealth in ...
News - 19 October 2005

Govt considering import of duty free cement from India

The Pakistani government is considering to allow the import of duty free cement from India as reconstruction of the quake-hit areas will need huge supply of cement, sources said here on Tuesday. So...
News - 19 October 2005

India Cements raises $100m

India Cements Ltd on Friday said it has raised US$100m (about Rs 450 crore) by issuing about 2.3 crore global depository shares (GDSs).  The GDSs, each representing two underlying equity shares of ...
News - 17 October 2005

India Associated Cement 2Q Net

Indian cement major Associated Cement Companies Ltd. said its fiscal second-quarter net profit jumped 154 per cent on year because of a one-time gain from the sale of its refractory business.  Net ...
News - 17 October 2005

Some more signs of winter rate rises

Despite rather normal volumes on the market this week people are getting a bit nervous as rates, however, have been on the rise, which could signal a stronger winter upturn than initially expected...
News - 14 October 2005

FLSmidth India wins Binani contract

FLSmidth has won a contract worth DKK 230m for the supply of a 2.2Mta cement production line for Binani Cement Limited. The production line is to be built in the western part of India in the state...
News - 13 October 2005

Italcementi eyeing acquisitions in India, Thailand

Italcementi SpA is eyeing acquisition opportunities in India and Thailand, said Giorgio Ghinaglia, managing director at the cement maker’s Egyptian unit Suez Cement.   "We want to grow in India and...
News - 12 October 2005

Import of cement via land route demanded

Abdul Rauf, president of the Pakistan Islamabad Chamber of Commerce and Industry (ICCI), has asked the government to allow the import of cement from India and Iran for the reconstruction of millio...
News - 11 October 2005

Cement exports surge on Gulf construction boom, India

The construction boom in the Gulf region has pushed cement exports from India to a new high of 0.5Mt in August ’05. Industry officials said that cement exports from India have shown a growth of 60...
News - 10 October 2005