Nepal’s cement and clinker export triple to NPR3.85bn
Cement and clinker exports from Nepal tripled to NPR3.85bn (US$28.7m) in FY23-24 when compared with exports in the previous year. According to Department of Customs data export ...
Indian Subcontinent
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Saurashtra Cement publishes increase in revenue
Saurashtra Cement Ltd has reported consolidated revenue from operations of INR17.65bn (US$210m) in FY23-24 (ended 31 March 2024), up from INR16.45bn (seven per cent YoY). EBITDA...
Road spending to boost Indian cement demand
India’s cement companies are expected to benefit from a boost in road infrastructure spending. In her Budget 2024 speech, Nirmala Sitharaman, India’s Union Finance Minister anno...
UltraTech sees sales increase in 1QFY24-25
UltraTech Cement Ltd , part of Aditya Birla Group, has reported consolidated net sales of INR178,790m (US$2.14bn) in the first quarter of FY24-25 (ended 30 June 2024). This comp...
Cochin Port opens fourth terminal
A new cement terminal has entered operation on a 1.14ha plot at Ernakulam Wharf, Kerala, India. The Cochin Port Trust launched the port’s fourth terminal, which is expected to h...
Oriana Power awarded INR1.55bn solar plant order
Oriana Power received a new order for a 40MWp solar plant in Rajasthan, India. The INR1.55bn (US$18.5m) contract was awarded by an undisclosed cement producer and includes the e...
CCP hosts session on the disclosure of material information on cement bags
On Thursday, 11 July, Pakistan’s Competition Commission of Pakistan (CCP) held a stakeholder engagement session regarding the ‘Manufacturing/Packaging' and 'Expiry/Best Before’ ...
Continuing domestic weakness weighing on Pakistan cement
Total cement dispatches in Pakistan dropped 12.6 per cent YoY to 3.552Mt in June 2024 from 4.063Mt a year earlier, according to the All Pakistan Cement Manufacturers Association...
Sri Lanka considering price control for cement
Sri Lanka’s Trade Minister Malin Fernando said the country was considering the introduction of price controls on cement. The step followed cement companies’ announcement that th...
Dalmia Bharat Cement targets 130Mta
India’s Dalmia Bharat Cement plans to reach 110-130Mta of cement production capacity by 2031. The company has also announced an interim target of 75Mta by 2027. According to the...