Shree Cement resignation
India’s Shree Cement has announced that Prakash Narayan Chhangani has resigned as whole-time director of the company. His resignation is effective from 13 February 2023. Accordi...
India
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Burnpur Cement losses continue
India-based Burnpur Cement Ltd has reported total income of INR349.3m (US$4.24m) in the quarter ended 31 December 2022. This compares to INR330.2m in the previous quarter and IN...
Shree Cement YoY profit hit by fuel expenses
Shree Cement Ltd has reported total income of INR42,300.2m (US$513m) in the quarter ended 31 December 2022. This compares to INR39,374.9m in the previous quarter and INR36,618.9...
Power and fuel costs hit profits at Ramco Cements
Ramco Cements Ltd has reported revenue of INR20,180.9m (US$244.3m) in the quarter ended 31 December 2022. This compares to INR17,932m in the previous quarter and INR15,558.8m in...
US production and consumption increased in 2022
The US produced an estimated 95Mt of Portland and masonry cement in 2022, according to the US Geological Survey (USGS), up from 93Mt in the previous year. Cement was produced at...
Ambuja Cements reports 11% QoQ revenue rise
Ambuja Cements Ltd , part of the Adani Group , has reported an 11 per cent QoQ increase in revenue in the quarter ended 31 December 2022. Net revenue for the three-month period ...
JK Lakshmi Cement signs solar power agreement
JK Lakshmi Cement on has signed an agreement with Amplus Solar to set up a 56MWp solar power plant for its Durg facility , located in Chhattisgarh. This will form part of the co...
UltraTech commissions 1.5Mta Odisha unit
UltraTech Cement (part of the Aditya Birla Group ) has commissioned a 1.5Mta brownfield cement grinding unit in Jharsuguda , Odisha, expanding the existing works, according to T...
The India Cements Ltd sees revenue slip MoM
The India Cements Ltd has reported revenue from operations of INR12,194m (US$147.3m) in the quarter ended 31 December 2022. This compares to INR12,546m in the previous quarter a...
JK Cement reports revenue rise
JK Cement Ltd reported total revenue of INR23,097.8m (US$279.5m) in the quarter ended 31 December 2022. This compares to INR21,646m in the previous quarter and INR19,667.8m in t...