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Mangalam Cement reports 43% uptick in income in 1QFY23

Mangalam Cement has reported a 42.9 per cent YoY increase in total income to INR5181.7m (US$65.13m) in the 1QFY23, compared to INR3625.1m in the same quarter a year earlier. Over the same period...
News - 09 August 2022

Birla Corporation hit by escalating fuel costs

Birla Corp Ltd has reported a 25.2 per cent increase in revenue to INR22,180.6m (US$278.8m) in the first quarter of FY22-23, despite tepid cement demand. However, profitability was hit by rising...
News - 08 August 2022

CCI accuses Indian cement industry of antitrust violations

The investigations arm of the Competition Commission of India (CCI) has held top leadership of Holcim, ACC and Ambuja cement, market leader UltraTechCement   and 17 other firms,   such as Shree C...
News - 08 August 2022

Carbon Clean makes new sales appointments

Carbon Clean has boosted its global sales team with appointments that cover Asia, Europe and the Middle East.   Lim Beng Chong joins as sales director Asia-Pacific, based in Singapore. Federi...
News - 05 August 2022

Cemtech Europe 2022 Training Course

Practical steps for decarbonising cement production Cemtech presents a two-day in-person training course on the practical steps for decarbonising the cement production process, held a...
Events - 04 August 2022

India's carbon trading market to be announced this month

Anticipation is building that India is about to start a carbon trading market for major emitters in the energy, steel and cement industries. The clean energy initiative is expected to be announced...
News - 03 August 2022

Ramco Cements 1Q net profit falls 34%

Indian cement producer The Ramco Cements saw its revenue from operations expand by 44 per cent to INR17.72bn (US$225.5bn). The company reported a stand-alone net profit of INR1.127bn in the 1Q22...
News - 03 August 2022

Star Cement 1Q net profit drops 24%

India-based Star Cement has seen its net profit decline by 23.7 per cent YoY to INR413.2m (US$5.23m) in the first quarter of FY22-23 (ended 30 June 2022) when compared with a net profit of INR541....
News - 03 August 2022

Orient Cement profit hit by fuel costs

Orient Cement has recorded unaudited revenue from operations of INR7139.3m (US$90.1m) in the quarter ended 30 June 2022. This compares to INR6909m in the same period a year earlier. Total exp...
News - 01 August 2022

Vicat reports 13% rise in 1H sales but rising energy costs affect EBITDA

Vicat reported a 12.5 per cent increase in first-half sales to EUR1755m (US$1790.6m) in the January-June 2022 period when compared with the 1H21, when sales reached EUR1560m. At constant scope a...
News - 28 July 2022