Bestway Cement's post expansion capacity will stand at 15.2Mta
The top management of Bestway Cement Ltd organised a corporate briefing earlier this month to discuss the company's 1QFY22-23 results and outlook. The company's CFO, Muhammad Am...
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Shree Cement targets improved distribution
Shree Cement , India's country’s third-largest cement group, plans to increase its share in its existing markets by offering varied products based on requirements of different c...
Dalmia Bharat Ltd announced INR90,000m capex spending
Dalmia Bharat Ltd has said that the government's continued focus on the infrastructure and housing sectors builds ‘optimism’ for the cement industry and the company has committe...
Titan Group invests US$37m in Norfolk import terminal
Titan Group is expanding its effective capacity in the USA with a new US$37m investment in its Norfolk import terminal in Virginia. The investment will upgrade Titan’s import ca...
AdBri makes positive revenue and environmental progress in 2021
This week AdBri announced earnings of AUD1569.2m (US$1135m) in 2021 and might have performed even better had it not been for variable demand, due to temporary Australian governm...
Ambuja Cements targets rapid expansion
Having recently released its 2021 financial results this week, Ambuja Cements has announced expansion plans as it looks towards reaching 50Mta of cement capacity. ICR Research i...
East African Cement Co looks to DR Congo for increased cement sales
East African Portland Cement Co (EAPCC) is looking to target cement sales in the Democratic Republic of Congo (DRC). “In the past 10 years, EAPCC has been missing from the infra...
Sri Lanka back on track for growth?
This Week, Tokyo Cement Co (Lanka) laid the first foundation stone for its 1Mta modernisation project at its Trincomalee factory, commissioning in early 2023. ICR reviews local ...
UltraTech Cement records net sales of INR117,430m 2QFY22
UltraTech Cement Ltd, an Aditya Birla group company, announced its financial results for the quarter ended 30 September 2021. Consolidated net sales was INR117,430m (US$1558m) c...
Pakistan is entering a new cement capacity expansion phase
In a cement conference, conducted by AKD Securities Ltd CEO, Muhammad Farid Alam, on 15 September 2021, Pakistan's cement industry producers confirmed that the country has enter...