Pakistan's cement sector saw impressive exports in 6MFY24-25
Pakistan's cement sector has shown impressive export performance in the first half of the FY24-25 (July-December 2024). According to the Pakistan Bureau of Statistics (PBS), exp...
Indian Subcontinent
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JK Cement to buy 60% stake in Saifco Cements
India-based JK Cement Ltd announced it will acquire a 60 per cent stake in Saifco Cements , located in Khunmoh, Srinigar. The INR1.74bn (US$20.1m) deal is expected to enable JK ...
Dalmia lays out US$120m capex plans
Dalmia Bharat is set to invest around INR10bn (US$120m) in capital expenditure in the quarter ending March 2025, bringing its total spend for the current fiscal year to INR30bn ...
Pakistan business people urge the government to facilitate construction and allied industry
Pakistan’s leading trade bodies have called on the government to support the construction industry, particularly the cement and related sectors. Syed Mazhar Ali Nasir, the forme...
Nepal Public Account Committee demands explanation for cement price rises
The House of Representatives' Public Account Committee has directed the Nepalese government to carry out an extensive study on the reason behind the hike in the price of cement ...
NCL Industries reports mixed performance for 3QFY24-25
NCL Industries has reported a mixed performance across its business segments for the third quarter of FY24-25, highlighting both gains and declines across its portfolio. Cement ...
Indian cement makers face pressure from pricing weakness in 3QFY24-25
Indian cement manufacturers are expected to report single-digit volume growth for the third quarter of FY24-25, while profitability is likely to decline due to continued pricing...
India's cement prices to pick up following improving demand forecast
India's cement producers are planning a INR7-10 (US$0.08-0.12)/bag price hike in January on the back of sustained demand improvement and the pick-up in construction activities, ...
Adani Group unveils major investments in Bihar, including INR200bn thermal power plant
The Adani Group has announced plans to invest INR 200bn (US$2.4bn) in an ultra-supercritical thermal power plant in Bihar, alongside expansions in cement, logistics, and energy ...
Pakistan’s economic indicators may positively impact the cement industry
The State Bank of Pakistan (SBP) announced that its Monetary Policy Committee (MPC) decided to cut the policy rate by 200 basis points to 13 per cent, effective 17 December 2024...