Vicat grows in Asia
France-based cement major Vicat reported a 1.2 per cent rise in turnover in 2012 to €2292.2m, but the EBITDA declined by 10.9 per cent to €437.4m and the trading profit fell by ...
India
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Andhra Pradesh prices rise on new capacity additions, India
Cement prices in the Indian state of Andhra Pradesh have come down by about INR10-15/bag following the introduction of new capacity additions. The Business Standard of India rep...
UltraTech sales decline 6% in February
UltraTech Cement, India’s largest cement producer, has reported a six per cent decline in February 2013 sales, amid wider concerns of subdued demand across the domestic market.
UltraTech halts Awarpur operations due to action, India
UltraTech Cement has temporarily closed its 3.6Mta Awarpur plant in the state of Maharashtra due to a strike by workers.
HASLE Refractories opens India subsidiary
HASLE Refractories A/S, former FLSmidth company, has established a subsidiary in Hyderabad, India. HASLE Refractories India Pvt Ltd will be headed by Mr Sumanta Mukhopadhyay, wh...
Pakistan exports volumes fall, rise in value terms
Pakistan exports during the first seven months of the current fiscal year (FY12-13) fell 0.52 per cent to 5.076Mt, according to data released by Pakistan’s Federal Bureau of Sta...
India: cement industry worried over move on freight tariff
The Indian cement sector has expressed concern about the Railway Ministry’s proposal to pass on the rising costs of fuel on to the freight tariff. Apart from the potential to dr...
India’s COMPAT hears petitions on cartel ruling
India’s Competition Appellate Tribunal (COMPAT) has begun hearing the petitions filed by cement firms on a US$1.1bn penalty imposed on them by the Competition Commission of Indi...
Italcementi launches five-year bond, Italy
Italcementi, the fifth-largest cement producer in the world, has launched a five-year bond of EUR350m at an issue price of EUR99.477 and a coupon of 6.125 per cent, according to...
Zuari Cement recognised for marketing activities
Zuari Cement has won the 2012 Zee Business brand excellence award for Marketing Communications. This annual award is endorsed by the World Brand Congress & Asian Confederation o...