Lafarge seeks government nod for limestone approval, India
Lafarge has warned that it could be forced to shut its Indian flagship plant in Chhattisgarh as limestone reserves are fast running out. The cement major is now urging the gover...
India
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Pakistan 1H export volumes and revenue down
Pakistan exports declined both in terms of volume and value in the first six months of the current fiscal, data from the Bureau of Statistics shows. Cement exports totalled
India Ratings maintains 'stable negative' outlook on cement sector
India Ratings has maintained a ‘stable negative’ outlook for the domestic cement sector in FY15 given the slowdown in construction and infrastructure sectors.
UltraTech quarterly profit hit by subdued demand
UltraTech Cement, the leading cement producer in India, reported a 38.43 per cent decline in net profit for the last three months of 2013 as sluggish demand leads to a weaker pr...
UltraTech director elected as new CMA president
Mr OP Puranmalka, Ultratech Cements whole-time director, has been elected as the new president of the Cement Manufacturers' Association (CMA) of India for the 2013-14 term. Mr P...
Pakistan exports fall in 5MFY13
During the first five months of FY13-14, Pakistan exported 3.749Mt of cement on foreign exchange revenues of US$225.30m, down 0.44 and 8.03 per cent YoY in terms of volume and v...
Zuari Cement’s commitment to India’s long-term potential
Zuari Cement is pressing ahead with new capacity plans in three Indian states despite current market challenges, citing huge long-term potential for domestic cement consumption....
HeidelbergCement completes the sale of Raigad grinding unit
HeidelbergCement India has completed the sale and transfer of its cement grinding facility situated at Raigad in state of Maharashtra to JSW Steel, as a going concern on slump s...
Indian cement recovery under pressure in 2014
Indian cement sales in 2014 are expected to remain under pressure on the back of slower government spending as fiscal deficit concerns mount, and a slow recovery in the capital ...
Pakistani cement exports to India down 11%
Pakistan’s cement exports to India posted a fall of 11 per cent during Jul-Nov of this fiscal year compared to the same period last fiscal year, according to the Pakistani Busin...