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Ssangyong Cement order fourth KHD Pyrorotor®Ssangyong Cement C&E Company Ltd has ordered another KHD’s Pyrorotor ® for its Donghae plant in South Korea. Ssangyong Cement C&E Company Ltd (Korea) awarded another supply and engineering ...News - 22 August 2022 |
Shiva Cement turnover down 88%India’s Shiva Cement has reported turnover for FY2021-22 of INR34.65m (US$433,491), down 88 per cent YoY, primarily due to the suspension of plant operations on the back of ongoing project activ...News - 22 August 2022 |
Indian cement's fuel strategy altersWhile the Ukraine-Russian war rages on, the impact on fuel prices can clearly be seen across the globe. Indian cement manufacturers are having to reconsider their strategies for energy consumption...News - 19 August 2022 |
JK Cement sees 33% increase in revenueIndia’s JK Cement has reported revenue from operations of INR21,664m (US$271.5m) in the quarter ended 30 June 2022. This compares to INR16,336m in the same period a year earlier. Net profit ...News - 19 August 2022 |
UltraTech Cement announces fresh capex plansUltraTech Cement 's chairman, Kumar Mangalam Birla, addressed shareholders at the company's 22 nd Annual General Meeting (AGM) stating that the company’s Board of Directors approved fresh capex ...News - 18 August 2022 |
Energy markets react to higher interest rates – coal demand surges to all-time high, petcoke now buyers’ marketBy Frank O. Brannvoll, Brannvoll ApS, Denmark Inflation keeps rising and while central banks have started aggressive interest rate hikes to curb it, these may be too late. The IMF has revised ...News - 18 August 2022 |
Indian producers turn to Venezuela for petcoke suppliesThe surge in global coal prices has prompted Indian cement producers to turn to petcoke instead with the country importing significant volumes from Venezuela for the first time. According to Live ...News - 17 August 2022 |
CCI approves Adani acquisition of Ambuja and ACC stakesThe Competition Commission of India (CCI) has approved the acquisition of Holcim ’s stake in Ambuja Cements Ltd and its subsidiary ACC Ltd by the Adani Group. The deal, which was initially e...News - 16 August 2022 |
Grasim Industries sees 41% YoY rise in revenue in 1QFY23Grasim Industries has reported a 41 per cent YoY increase in consolidated revenue in the 1QFY23. The three-month period saw revenue of INR280,420m (US$3518m), compared to INR199,190m in the 1QFY22...News - 15 August 2022 |
India Cements doubles 1Q net profitIndia Cements Ltd (ICL) reported that net profit for the 1QFY2023 more than doubled to INR760m (US$9.54m) over the year-earlier period. Revenue from operations rose by 41 per cent to INR14,46...News - 15 August 2022 |