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Pakistan's cement prospects

Over the course of the 9MFY21-22 Pakistani producer profitablity has been supported by price retention and local demand, but falling exports and rising commodity prices are a cause for concern. Mo...
Articles - 15 August 2022

Margins squeezed for Indian cement producers

India remains one the fastest-growing economies at 7.4 per cent GDP growth in 2022, according to the IMF. Cement demand has also risen and is forecast to rise by 7-8 per cent in the FY22-23 to ar...
News - 12 August 2022

Bangladesh expects a 15% growth in cement exports in FY22-23

Bangladesh has set an export target for the cement industry at US$11m during the 12 months of the ongoing financial year, ending 31 June 2023, compared to US$9.57m earned in FY21-22. This translat...
News - 12 August 2022

Keerthi Industries reports revenue fall

India-based Keerthi Industries Ltd, formerly Suvarna Cements Ltd, has reported unaudited revenue of INR571.67m (US$7.2m) in the quarter ended 30 June 2022, compared to INR714.18m in the same perio...
News - 12 August 2022

KHD signs package of contracts with UltraTech Cement

Humboldt Wedag India Private Ltd, a subsidiary of KHD Humboldt Wedag International AG, has signed a package of contracts with UltraTech Cement Ltd. According to Dow Jones Newswires, the package...
News - 12 August 2022

Sanghi Cement reports a loss as power costs soar

Sanghi Cement has posted unaudited revenue of INR3391.4m (US$42.67m) in the quarter ended 30 June 2022, up from INR2819m in the same period a year earlier. Compared to a profit of INR223.2m i...
News - 11 August 2022

Deccan Cements posts fall in revenue for June quarter

India’s Deccan Cements Ltd has reported unaudited revenue of INR1940.16m (US$24.4m) in the quarter ended 30 June 2022, compared to INR2242.36m in the same period a year earlier. Profit for th...
News - 11 August 2022

Sagar Cements to submit acquisition plan for Andhra Cements

Sagar Cements will submit a resolution plan for its acquisition of Andhra Cements before 18 August 2022. According to The BusinessLine, the company hopes to receive the necessary clearances by Oct...
News - 11 August 2022

Dalmia Bharat Ltd reports revenue of INR33,020m in 1QFY22-23

Dalmia Bharat Ltd reported its consolidated financial results for the quarter ending 30 June 2022 (1QFY2023) with revenue totalling INR33,020m (US$414.8m) compared to INR25,910m in the 1QFY2022....
News - 10 August 2022

thyssenkrupp wins pyroprocessing orders in India

thyssenKrupp Industrial Solutions India have been awarded contracts by Shree Cement and Hills Cement . The orders comprise the planning, engineering and supply of pyroprocessing plants, each i...
News - 09 August 2022