UltraTech secures bauxite raw material supplies from Hindalco
Hindalco Industries Ltd, India's premier aluminium and copper producer, has won an order to supply 1.2Mta of bauxite residue to UltraTech Cement as a raw material for cement pro...
Indian Sub-Continent
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Burnpur Cement sees net revenue down 2% YoY
India’s Burnpur Cement has reported a standalone net loss of INR163.9m (US$2.19m) in the first quarter of FY20-21, compared to an INR18.4m loss in the year-ago period. Net reven...
Bangladesh's cement sector sees signs of recovery in demand
Premier Cement of Bangladesh has reported that the cement sector has been showing some signs of recovery for the last two months, despite the coronavirus pandemic. The sector ha...
NTPC begins the bulk supply of fly ash from new unit
NTPC, India’s largest energy conglomerate, has begun the bulk supply of fly ash to cement plants from its new Rihand project in Uttar Pradesh. "NTPC Ltd has developed an infrast...
JK Lakshmi Cement reports 6% dip in net profit
India’s JK Lakshmi Cement saw a 5.8 per cent YoY decline in consolidated net profit to INR506.3m (US$6.76m) for the June quarter, against INR537.5m in the year-ago period. Reven...
Ramco Cements aims to be debt-free in three years
India’s Ramco Cements has announced plans to become debt-free in three years, while noting that FY20-21 will be a challenging year for the company. "While the initial few months...
Chairman reflects on tough period at UltraTech Cement's AGM
Kumar Mangalam Birla, chairman of UltraTech Cement (Aditya Birla Group), opened the 20th Annual General Meeting on 12 August 2020, via video conferencing and reflected on the co...
Pakistan cement production witnessed a mixed trend in FY19-20
The output of Pakistan's large-scale manufacturing industries (LSMIs) declined by 10.2 per cent in the previous fiscal year, FY19-20, compared to FY18-19, as almost all of the m...
Star Cement reports 36% fall in total income
India’s Star Cement has reported a 36.4 per cent YoY fall in total income to INR2.98bn (U$39.77m) in the first quarter of the FY20-21, compared with INR4.68bn in the year-ago pe...
Shree Cement sees 14% fall in net profit
India’s Shree Cement has seen a 13.5 per cent YoY fall in net profit to INR3.3bn (US$44.17m) for the June quarter of FY20-21, compared with INR3.82bn in the year-ago period. Rev...