Lower profit margins with rising expenses have made dealers wonder if continuing in cement dealing is really a good business option. While some are shutting shop,...
With an objective to expand in four states, MP Birla group’s flagship company Birla Corp will invest around Rs 950 crore. The company will set up...
For July-September quarter, ACC’s consolidated net profit stood at Rs 118.90 crore, which is half when compared to last fiscal profit. Sluggish market conditions resulted in...
Cement stocks underperform Cement stocks have corrected sharply over the past couple of months, due to growing macro concerns over weakening GDP growth, low infra and...
Right from its inception in Kutch, Sanghi´s promoters have focused on developing the social infrastructure in the surrounding areas, where most villages suffered from lack of...
According to Cemsuisse, the Swiss cement association the domestic deliveries (including Liechtenstein) has increased by 3.4 per cent in the third quarter of 2013. The association...
Texas Industries reported rise in cement sales by 20% year-on-year to US$104m for the first quarter of its 2013 2014 financial year, compared to US$87.3m in...
Pakistan`s cement manufacturers have been compelled to hike cement prices in view of high electricity tariffs and other inflationary pressures. The rate hike was around PKR15-20/50kg...
Pretoria Portland Cement has signed a MOU with the Democratic Republic of Congo’s Barnet Group to build a US$230m cement plant. The greenfield project will involve...
Medcem greenfield cement plant have contracted ABB, automation specialists, with the task of developing holistic solutions and customised process strategies to improve energy efficiency. The company...
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