Nepal exports of US$2m of clinker and cement in 1MFY23-24
Nepal exported cement and clinker with a total value of NPR234.98m (US$1.78m) in the first month of the current fiscal year, FY23-24. The country exported 9573t of cement with a...
Indian Subcontinent
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Crown Cement to purchase Matarbari fly ash
Bangladesh-based Crown Cement plc will buy fly ash from the Matarbari 2x600MW ultra supercritical coal-fired power plant as raw material for cement production, according to the ...
JK Cement's Aligarh plant boosts renewable energy
Ampln Energy Transition, an energy transition platform, has begun supplying 10MWp of solar power from its 30MWp solar plant in Mishrikh, Uttar Pradesh, India, to JK Cement’s Ali...
Sanghi Industries reports loss of income in June quarter
Sanghi Industries Ltd has posted total income of INR1702m (US$20.46m) in the quarter ended 30 June 2023. This compares to INR2270m in the previous quarter and INR3448.5m in the ...
Grasim Industries sees revenue improve 11%
Grasim Industries, which owns UltraTech Cement , has reported revenue of INR310,650m (US$3753m) in the quarter ended 30 June 2023, marking an 11 per cent improvement YoY. Net pr...
Burnpur Cement profits hit by higher costs
India-based Burnpur Cement Ltd has reported total income from operations of INR497.2m (US$6m) in the quarter ended 30 June 2023. This compares to INR469.7m in the previous quart...
Mangalam Cement reports fall in revenue
Mangalam Cement Ltd , part of BK Birla Group, has reported revenue from operations of INR4205.3m (US$50.8m) in the quarter ended 30 June 2023. This compares to INR4593.3m in the...
Adani Group updates expansion plans following SIL acquisition
The Adani Group has provided an update on its plans following the announcement of its acquisition of a majority stake in Sanghi Industries Ltd (SIL). According to The Telegraph,...
Orient Cement reports profit dip in June quarter
Orient Cement Ltd , part of the CK Birla Group , has reported revenue from operations of INR8251.8m (US$99.8m) in the quarter ended 30 June 2023, up from INR7139.3m in the same ...
Ambuja Cements to acquire Sanghi Industries
Ambuja Cements , part of the Adani Group , has agreed to acquire a majority stake in Sanghi Industries , reports Reuters News. According to sources close to the transaction, the...