Construction activity to be disrupted in Andhra Pradesh
Construction activity in Andhra Pradesh, India is expected to face disruption after the cost of cement has risen by INR20-30 (US$0.3-0.4)/50kg bag. The price hike, which has tak...
India
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ACC releases 2017 results
ACC has released its consolidated financial results for the final quarter and full-year period ended 31 December 2017. Cement sales increased 14 per cent in 2017, to 26.21Mt fro...
Slow Tamil Nadu sales affect Ramco 3Q net profit
Ramco Cements has seen its 3QFY17-18 net profit dragged down on the back of lacklustre demand in its core market of Tamil Nadu, India. Net profit fell to INR1.227bn from INR1.51...
UltraTech to be supplied with alternative fuel
The Tiruchi City Municipal Corporation (TCMC) has set an agreement with an environmental organisation to supply alternative fuel (AF) processed from fresh dry waste to UltraTech...
India's shrewd consolidator
The Indian cement market is still caught in the grips of consolidation and Dalmia Bharat Cement Ltd (DBCL) is positioning itself to be a strong player going forward with the new...
Illegally imported cement seized by Nepal police
Cement illegally imported from India into Nepal, has been taken into police possession. During the transportation of the material to the District Police Office (DPO), local auth...
Indian demand to pick up by 2% in FY18
Indian cement demand has been forecast to increase by two per cent in FY18, according to a notice by ICRA. In the first eight months of FY18 cement production grew by 0.6 per ce...
Dalmia Bharat ready to acquire Kalyanpur Cement
Dalmia Bharat is set to acquire bankrupt Kalyanpur Cement after lenders have approved a debt resolution plan, reports the Economic Times. Dalmia outbid other companies like JSW ...
Orient Cement reports 12% increase in revenue
Orient Cement has seen a 12.1 per cent increase in revenue in the quarter ended December 2017, according to Money Control. The revenue rose to INR5.11bn (US$80.37m) from INR4.56...
Cement producers change clinker import route
Cement plants in the Bara-Parsa Industrial Corridor, Nepal, have started importing clinker from Narayanpur railway station in India after residents in Raxaul barred the transpor...