Economy & Market

West China Cement sales up

Published

4 years ago

October 14, 2021

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West China Cement has reported a revenue of RMB4167.8 million, up by 18.3 per cent from the RMB 3524.1 million reported in 2012. Strong demand coming from the Shaanxi Province and growing activity in the infrastructure sector has helped to push sales volumes 23.1 per cent higher y/y reaching 17.6 million t in 2013. Total clinker and cement sales volumes were 18.2 million. Gross profit was up by 8 per cent y/y to RMB 729.3 million.

The company is currently focused on a brownfield project in Xinjiang province with a production capacity of 1.5 million tpa, and a 1.8 million tpa brownfield project in Guizhou province. Expected to be completed in 2H14, both plants will boost the capacity to 27 million t which currently stands at 23.7 million tpa.

On the sustainability front, last year the company built a cement kiln waste sludge treatment facility at its Lantian plant. It will treat 210 000 tpa of industrial and municipal waste from the Xi’an and Xianyang area. The company has also setup residual heat recovery systems at 13 of the group’s 17 production lines. These plants have lowered the electricity consumption by around 30 per cent and CO2 emissions by around 20 000 t/million t of cement production.

Concrete

Shree Cement reports 2025 financial year results

Published

4 days ago

June 17, 2025

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

4 days ago

June 17, 2025

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

Concrete

India’s cement consumption set to rise

Published

4 days ago

June 17, 2025

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/