Indian cement prices struggle in July
All-India cement prices declined by one per cent to INR366/50kg bag (US$4.88/50kg bag) in July, according to Kotak Institutional Equities. Prices in southern India also declined...
Indian Sub-Continent
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India's capacity utilisation falls in the 2Q
The capacity utilisation of India’s top 10 cement producers fell to 52 per cent in the quarter ending 30 June, compared to 76 per cent in the year-ago period, according to The H...
Ambuja Cements reports 12% increase in net profit
India’s Ambuja Cements reported a 12 per cent YoY rise in consolidated net profit to INR5.54bn (US$73.73m) for the quarter ending 31 March, with sales volumes falling 10 per cen...
Bureau of Indian Standards issues first licence for microfine OPC production
The Bureau of Indian Standards (BIS) has granted the country’s first licence for the manufacture of microfine ordinary Portland cement and ultrafine ground granulated blastfurna...
DG Khan Cement wins export orders from the Philippines
DG Khan Cement Company Ltd has procured cement export orders from the Philippines. The order was confirmed by a Pakistan government adviser. "Congratulations to DG Khan Cement f...
UltraTech Cement's subsidiary to sell entire stake in Shandong Binani Rongan Cement
India’s UltraTech Cement has announced that its Krishna Holdings subsidiary will sell its entire stake in Shandong Binani Rongan Cement Co for a value of US$120m. "Krishna Holdi...
Cement exports from Bangladesh record a 12% fall in FY19-20
Bangladesh's cement industry has earned export revenue of US$9.14m in the FY19-20 (July 2019-June 2020), compared to US$10.41m bagged in 12MFY18-19, a significant contraction of...
ACC Ltd's net sales rise 6%
ACC Ltd (LafargeHolcim) held its 84th AGM on 6 July via video conference and reporting its net sales in 2019 increased by six per cent to INR153.43bn (US$2.04bn) and its premium...
Pakistan cement records a 2% uptick in dispatches in FY20
Pakistan’s cement industry during the FY19-20 (July 2019-June 2020) recorded a rise of two per cent to 47.81Mt in total cement dispatches from 46.88Mt in FY18-19. All Pakistan C...
JSW Group reportedly set to reduce imports from China
Parth Jindal, managing director of JSW Cement, has announced on social media that JSW Group plans to reduce its net imports from China. "The JSW Group have a net import of US$40...