QNCC looks to export 3Mta of clinker to Africa, Asia and Kuwait
Qatar National Cement Co (QNCC) is now looking to export as much as 3Mta of clinker, particularly focussing on markets in Africa, Asia (including India) and Kuwait. "We are look...
India
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ACC shows 38% growth in profit for the 1Q19
India's ACC (LafargeHolcim group) has reported a 38 per cent YoY increase in profit after tax to INR3.46bn (US$49.51m) in the 1Q19, compared with INR2.5bn of the year-ago period...
UltraTech Cement records positive results for FY18-19
India’s UltraTech Cement (Aditya Birla Group) has reported a 9.6 per cent YoY increase in consolidated profit after tax to INR24.35bn (US$347.6m) for the year ended 31 March 201...
Shiva Cement announces net loss in the 4QFY18-19
India’s Shiva Cement has reported a net loss of INR51.2m (US$732,110) for the quarter ended March 2019, against a net profit of INR24.1m during the year-ago period. Sales declin...
Infrastructure projects lead to shift in Indian cement demand
The Indian government’s infrastructure drive is leading to a shift in demand for cement. The last few years have seen cement demand for the infrastructure sector advance by five...
GCCA welcomes new member companies
The Global Cement and Concrete Association (GCCA) has added cement companies from India, China, Peru and Mexico to its growing global membership base which now totals 36 member ...
Ambuja Cement launches 'Ambuja Plus Cool Walls'
Ambuja Cements Ltd (LafargeHolcim group) has launched 'Ambuja Plus Cool Walls' for Individual Home Builders (IHB) in Thane district, India. The product ensures maintenance of a ...
UltraTech
UltraTech Cement met with the Indian state government earlier this month to discuss spiralling cement prices in the southern state of Andhra Pradesh. Some cement companies have ...
The new Asian paradigm
This week CemNet news reported on the latest developments in LafargeHolcim's (LH) sale of Holcim Philippines Inc. Shares in the company have risen 50 per cent since January 2019...
Penna Cement enters freight LTTC with South Central Railway
India-based Penna Cement Industries signed a long-term tariff contract (LTTC) with South Central Railway (SCR) to transport freight at a fixed rate. The five-year scheme will pr...