Cement News tagged under: indian subcontinent

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Pakistan's Ministry of Commerce proposes concessionary electricity rates

11 December 2020, Published under Cement News

Pakistan’s cement sector has approached the country’s Ministry of Commerce to request that the cement sector be declared a partial export industry. The sector also proposed incentivising electricity rates to the extent of the energy consumed for production of exportable quantities of cement and clinker. The Ministry is of the view that the supply of electricity to the cement industry at concessionary rates will help reduce the cost of production, thus rendering the industry competitive in...

CCP investigates offices of APCMA

23 November 2020, Published under Cement News

The Competition Commission of Pakistan (CCP), as part of an enquiry launched in May 2020 to investigate the possible anti-competitive activities of cement manufacturers, carried out a search and inspection of the offices of the chairman and vice chairman of the All Pakistan Cement Manufacturers Association (APCMA) in Karachi last Thursday. Two different teams entered and searched the offices and impounded the relevant records. The enquiry into the cement sector was based on information ga...

JK Cement WhiteMaxX is launched

20 August 2020, Published under Cement News

JK White Cement has launched a brand refresh and a new avatar that now reads 'JK Cement WhiteMaxX'. The new brand is designed to offer a contemporary and differentiated identity, while integrating a critical section of its product line under the ‘MaxX’ umbrella, according to the company. Niranjan Mishra, Business Head (White Cement Business), said: "JK White Cement has undoubtedly emerged as one of India’s most iconic and trusted brands, due to its focus on product excellence, customer orie...

Dalmia Bharat posts 4Q net profit of INR240m

16 June 2020, Published under Cement News

Dalmia Bharat reported a consolidated net profit of INR240m (US$3.2m) for the fourth quarter ended 31 March 2020. The company posted a net profit of INR2.63bn in the January-March quarter of the previous financial year, the company said in a regulatory filing. However, it cautioned against comparison of the latest results with the previous period as it has shifted to AS 116 standards from 1 April 2019. Dalmia Bharat’s revenues from operations was INR24.93bn in the 4QFY19-20, down from IN...