Star Cement receives government subsidies to reduce debt
Star Cement has received INR2bn (US$29.7m) towards a subsidies claim from the central government. The company intends to use the amount to further reduce its debt.
Star Cement
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Star Cement records 10% rise in operating revenue
Star Cement Ltd has released its results for the third quarter of FY17-18, showing a growth in operating revenue of 10.1 per cent YoY. Adjusted for excise duty, this translates ...
Star Cement sells 3% stake through open market transactions
Star Cement has sold a 3.34 per cent stake in the company worth INR1.82bn (US$28.5m), according to Money Control. The sale was made through open market transactions by three pro...
Star Cement announces 90% net profit increase
Star Cement reported a standalone net profit of INR219.9m (US$3.37m) for the 2Q17 period ended 30 September 2017, a 89.9 per cent increase from the INR108m seen in the year-ago ...
Star Cement looking to increase capacity
Star Cement is reportedly looking to expand its clinker and cement capacity in India by investing in greenfield and brownfield projects. The Century Plyboards (India) Ltd subsid...
Domes of the Middle East
Geometrica designs some of the world’s largest free-span domes, trademarked as Freedomes®, as a solution for challenging architectural and logistical feats across the Middle Eas...
Star Cement exports clinker to Bangladesh via river route
India-based Star Cement said it has dispatched its first barge of clinker to Bangladesh via river. The company is aiming to export over 50,000t of clinker to Bangladesh every mo...
FLSmidth secures Kalina power plant contract in UAE
The Directors of Wasabi Energy have announced that the company's Kalina Cycle licensee, FLSmidth has secured a contract to install its second Kalina Cycle power plant utilising ...
UltraTech Cement to take control of Star Cement?
UltraTech Cement is looking to purchase its partner’s stake in Star Cement to take full control of the Dubai-based cement producer, sources familiar with the deal have said, add...