Fecto Cement appoints chairman and chief executive
Pakistan’s Fecto Cement has appointed Aamir Ghani and Mohammed Yasin Fecto as chairman and chief executive, respectively, with effect from 1 November 2021. The appointment has b...
Indian Subcontinent
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Tokyo Cement Co (Lanka) sees revenue up 4%
Tokyo Cement Co (Lanka) has reported a four per cent YoY increase in revenue to LKR11.88bn (US$58.96m) in the third quarter of 2021. However, net profit fell 94 per cent to LKR1...
INSEE Cement adds import vessels to address cement scarcity in Sri Lanka
INSEE Cement has added two more import vessels to its operations in order to increase cement supply across Sri Lanka, according to the Daily Mirror. "INSEE Cement continues to o...
Dalmia Cement plans new 2Mta plant
India’s Dalmia Cement is planning to set up a new 2Mta grinding plant in Bokaro, Jharkhand, according to the state’s government. The company is expected to invest INR5.77bn (US$...
Star Cement posts 3% revenue increase
India’s Star Cement has posted a standalone net profit of INR229.4m (US$3.07m) in the quarter ending 30 September, falling 39.8 per cent YoY from INR381.2m in the same period of...
Lanwa Sanstha Cement to begin operations in 2022
Sri Lanka's Lanwa Sanstha Cement is now expected to commence operations in January 2022, when it opens a US$80m plant in the Mirijjawila Export Processing Zone, Hambantota. The ...
Dalmia Bharat sees 11% climb in revenue
India’s Dalmia Bharat has reported a 10 per cent decline in net profit to INR2.09bn (US$27.93m) during the September quarter of FY21-22, compared with INR2.32bn in the year-ago ...
Tokyo Cement Co (Lanka) outlines measures taken to address cement shortage
Sri Lanka’s Tokyo Cement Co (Lanka) has taken several immediate measures to address a cement shortage in the market, according to Dr Harsha Cabral PC, company chairman. Tokyo Ce...
Ramco Cements announces 19% increase in revenue
India’s Ramco Cements has posted an 18.7 per cent YoY increase in consolidated revenue to INR15.03bn (US$200.1m) in the quarter ending September 2021. The company was reportedly...
Orient Cement records 28% YoY revenue increase
India’s Orient Cement has recorded a consolidated revenue of INR6.13bn (US$81.63m) in the 2QFY21-22, up 28.4 per cent YoY from INR4.78bn in the comparable period of the previous...