India’s CREDAI urges government to reduce sand and cement prices
The Confederation of Real Estate Developers’ Associations of India has urged the government to bring down the prices of cement and sand in Andhra Pradesh.
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The Confederation of Real Estate Developers’ Associations of India has urged the government to bring down the prices of cement and sand in Andhra Pradesh.
Ramco Cements reported a decline in income from operations to Rs.815.93 crore in the three months ended 31 December 2014.
Paul Maxwell-Cook concludes his review of the major countries that are making the headlines in the Far East.
India’s JK Lakshmi Cement reported a 31% y/y increase in net profit to Rs.18 crore in the October – December 2014 quarter.
Star Cement received the Most Preferred Cement Brand of the Year 2014 award at the 5th North-East Consumer Awards in India.
India’s ACC, part of the Holcim group, has reported its financial results for 2014, including an improvement in sales, profit after tax, cement prices and volumes.
India’s Wonder Cement Ltd has announced plans to increase its production capacity from 3.25 million tpy to 6.75 million tpy. The company has also appointed a new Executive Director.
The Australian government will provide AUS$25 million in funding to the Cooperative Research Centre for Greenhouse Gas Technologies, which is running a carbon capture and storage project at its Otway site in Victoria.
The Indian cement producer reported a decline in net profit of 18.9% due to higher input costs.
India’s core sector growth slowed to 2.4% in December 2014, compared to 6.7% in November 2014 and 4% in December 2013.
Grasim Industries has increased production across the cement, VSF and chemicals businesses, bringing about a rise in revenues and PBIDT.
The new government has declared a price cut on state-owned cement producers, causing other manufacturers to follow suit.