India: further challenges ahead Premium
India’s cement demand declined by less than initially anticipated in 2020 and producer profitability was supported by a better-than-expected economic recovery, stable cement pri...
India
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Cement prices rise in Tamil Nadu
Cement prices in India’s state of Tamil Nadu have reportedly climbed over the past few months. Builders in the state have claimed a 13 per cent price hike from INR460 (US$6.27)/...
Nuvoco Vistas Corp launch CorroSafe
Nuvoco Vistas Corp Ltd has launched Concreto CorroSafe, which is a corrosion-resistant concrete that extends the life of buildings. The advanced concrete mix design is reinforce...
JK Cement reports 39% rise in revenue
India’s JK Cement has reported a standalone net profit of INR633.4m (US$8.65m) for the quarter ending 31 March 2021, compared to INR2.3m in the year-ago period. Net revenue also...
Star Cement reports 10% rise in revenue
India’s Star Cement has reported a 9.8 per cent YoY rise in revenue to INR6.03bn (US$82.53m) for the quarter ending 31 March 2021, compared to INR5.49bn in the year-ago period. ...
JSW Group links steel and cement for large project businesses
Following the successful integration of its retail trade across steel and cement into JSW One in the east, the US$12bn JSW Group and India's largest steel producer will now have...
Burnpur Cement posts net loss in the March quarter
India’s Burnpur Cement has seen an INR158.7m (US$2.17m) standalone net loss in the January-March quarter of 2021, compared to INR1.25bn in the year-ago period. However, net reve...
Tigers could halt greenfield Reliance cement plant
Birla Corp Ltd's greenfield plant for its Reliance cement subsidiary in Mukutban, Yavatmal district, India, has to wait for a four-member committee to pass wildlife clearance fo...
Dalmia Cement (Bharat) Ltd CEO to represent CPLC
Mahendra Singhi, managing director and CEO of Dalmia Cement (Bharat) Ltd has been invited to represent the prestigious Carbon Pricing Leadership Coalition (CPLC) as Carbon Prici...
Anjani Portland to acquire controlling stake in Bhavya Cements
India’s Anjani Portland Cement has entered into a share purchase agreement for the acquisition of a controlling stake in Bhavya Cements, at a price of INR51.53/share (US$0.7/sha...