Indian cement's fuel strategy alters
While the Ukraine-Russian war rages on, the impact on fuel prices can clearly be seen across the globe. Indian cement manufacturers are having to reconsider their strategies for...
Ramco Cements
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Indian producers turn to Venezuela for petcoke supplies
The surge in global coal prices has prompted Indian cement producers to turn to petcoke instead with the country importing significant volumes from Venezuela for the first time....
Margins squeezed for Indian cement producers
India remains one the fastest-growing economies at 7.4 per cent GDP growth in 2022, according to the IMF. Cement demand has also risen and is forecast to rise by 7-8 per cent in...
Ramco Cements reports rise in revenue in 2021-22
The Ramco Cements Ltd has reported revenue of INR60.1bn (US$752.3m) in the FY21-22, compared to INR53.03bn in FY20-21. Net profit over the same period has advanced from INR7.61b...
Ramco Cements announces capex and price rise
Ramco Cements has announced capex of INR12-13bn (US$154-167m) to expand its production capacity over the next two years. At its Kurnool plant, trial production of clinker is now...
Ramco Cements to commission Kurnool clinker plant in February
Ramco Cements Ltd is expected to bring online its 2.25Mta clinker plant in Kurnool, India, in February. The 1Mta cement grinding unit, 12MW waste heat recovery system and 18MW t...
Ramco Cements sees 59% fall in 3Q net profit
India-based Ramco Cements Ltd reported a 59 per cent decrease in standalone profit after tax at INR830m for the quarter ended 31 December 2021 (3QFY21-22). In the 3QFY20-21 stan...
Ramco Cements commissions WHR system
India’s Ramco Cements has commissioned a new waste heat recovery system for the third line of its Jayanthipuram plant in Andhra Pradesh. Out of the two boilers in the WHR system...
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...
No stopping India's cement capacity rise
India is the second-largest cement market in the world with an increasing population and high development needs. Consequently, the prospects for long-term cement demand growth a...