What to make of Holcim's Indian exit?
Holcim Group agreed to sell its Indian cement businesses this week for US$10.5bn in cash to the Adani Group. ICR reports on the deal and what this means for the Indian cement se...
Indian Sub-Continent
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Pakistan's government to conduct cement industry report
Pakistan’s government plans to conduct research reports on the cement, automobile and fertiliser sectors in Pakistan. The feasibility report will be conducted by Pakistan Indust...
UltraTech Cement opens second clinker line at Hirmi
UltraTech Cement , the country’s largest cement producer, has added 2.7Mta of capacity by commissioning a second clinker line at Hirmi Cement plant in Chhattisgarh. The company ...
Government looks to dispose of Adilabad cement plant
It may soon be the end for the Cement Corporation of India ’s Adilabad plant as the government has taken initial steps for its disposal. Online electronic bids are being invited...
Pakistan cements export plunges in April and 10MFY22
Pakistan's cement exports continued to fall in April alone and 10MFY22, in particular due to high freight costs and other local factors, according to Pakistan Bureau of Statisti...
Dalmia Cement (Bharat) Ltd will expand Belagavi cement plant
Dalmia Cement (Bharat) Ltd is expanding its existing manufacturing plant at Belagavi in north Karnataka by investing INR3000m (US$38.3m). The company expects the investment to c...
Dalmia Bharat Ltd records rising sales volumes of 22.2Mt in FY22
Dalmia Bharat Ltd reported its FY22, for the period ending 31 March 2022, with sales volumes reaching 22.2Mt compared to 20.7Mt in FY21. The company’s EBITDA totalled INR112,860...
Pakistan’s cement dispatches decline in April and 9MFY22
Pakistan's cement industry is facing weaker dispatches issues due to the unstable business and economic situation prevailing in the country. Even the Pakistan stock exchange wit...
Pakistan’s producers contend with soaring costs
In the first nine months of the current financial year (9MFY22), Pakistan’s cement producers sold 40.8Mt of cement, down 2.5Mt or 5.8 per cent on the same period a year earlier....
UltraTechCement Ltd reports consolidated sales of INR155bn in 4QFY21-22
UltraTech Cement Ltd has announced its financial results for the 4QFY21-22 and year ended 31 March 2022. The company reported consolidated net sales of INR155,570m (US$2035m) in...