Confidence Cement issues shares for two new projects
Bangladesh-based Confidence Cement is planning to issue convertible preference shares worth BDT1500m (US$14.2m) to invest in associate companies and to repay a portion of its lo...
Indian Sub-Continent
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Bestway Cement completes Punjab brownfield line
General Counsel and Company Secretary of Bestway Cement Ltd (BWCL), Hassan Niazi, informed Pakistan Stock Exchange (PSX) that the company has completed the construction and inst...
UltraTech Cement Co commissions new capacity in Hirmi and Cuttack
UltraTech Cement Co has commissioned 1.30Mta of brownfield cement capacity at Hirmi, Chhattisgarh and 2.80Mta of greenfield grinding capacity at Cuttack, Odisha. This forms part...
LafargeHolcim Bangladesh appoints new CEO
The Board of LafargeHolcim Bangladesh Ltd (LHBL) has announced the appointment of Mohammad Iqbal Chowdhury as the new CEO for the company. Iqbal Chowdhury will succeed Rajesh Su...
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...
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...
Domestic dispatches rise and exports fall in January
Pakistan's total cement industry dispatches increased by 1.2 per cent in January 2023 to 4.01Mt from 3.96Mt dispatched during the same month of last fiscal year. Local cement di...
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...