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HeidelbergCement India sees 88% slump in profit

HeidelbergCement India Ltd has reported a 12.2 per cent YoY decline in revenue in the quarter ended 30 September 2022. Revenue for the three-month period came in at INR5060m (US$61.5m), compared...
News - 18 October 2022

GCCA report highlights 22% reduction in CO2 emissions

In October 2021 the global cement and concrete industry launched its roadmap to achieving net zero CO 2 emissions by 2030. Major producers from across the world, representing 80 per cent of total...
News - 18 October 2022

ACC Ltd records cement volume growth of 4%

ACC Ltd (ACC) (Adani Group) has announced the financial results for the quarter ended 30 September 2022, recording a cement volume grew of four per cent as compared to the same quarter last yea...
News - 18 October 2022

Shree Cement reports 67% profit drop

Shree Cement Ltd has reported standalone revenue of INR37,810m (US$458.8m) in the quarter ended 30 September, 2022. This compares to INR32,058m in the same period a year earlier, representing an...
News - 17 October 2022

Indian profits forecast to decline

India’s cement producers are expected to report a decline in profits for the July-September 2022 quarter, according to Mumbai-based brokerage house KR Choksey. The brokerage predicts poor results...
News - 14 October 2022

Imerys extends capacity in India

France-based Imerys, a world leader in mineral-based specialties, is planning to extend its capacity to meet rising demand from India’s cement and steel sectors. According to The Hindu, the compa...
News - 13 October 2022

JSW Cement announces 5Mta of new capacity

Just hours after acquiring a 100 per cent stake in Springway Mining from India Cements , JSW Cement has announced plans to invest over INR32,000m (US$388.8m) in an integrated greenfield plant i...
News - 12 October 2022

UltraTech Cement receives EPD certificates for four products

UltraTech Cement has been granted Environmental Product Declaration (EPD) certificates for four of its cement products – ordinary Portland cement (OPC), Portland pozzolana Cement (PPC), Portlan...
News - 12 October 2022

Petcoke stops fall

By Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report, the energy markets are fearing an upcoming recession due to higher rates to curb inflation. Oil has fallen b...
News - 12 October 2022

WCA annual conference prompts MENA region to decarbonise

The fifth World Cement Association (WCA) annual conference took place between the 25-28 September in Dubai, UAE, allowing industry leaders and stakeholders to have an open discussion and honest a...
News - 12 October 2022