
Claudius Peters wins silo order from Semen Gresik
The order includes three cement storage silos for the new integrated plant in Rembang, Central Java.
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The order includes three cement storage silos for the new integrated plant in Rembang, Central Java.

A collection of news relating to quarterly results, growth forecasts, coal allocations and personnel news in India’s cement sector.

N Srinivasan reportedly rebuffed criticism from the building industry, saying that the cost of cement has little impact on builders’ profits.

Speaking at UltaTech Cement’s 14th Annual General Meeting, Mr Birla said that a CAPEX of approximately Rs.7,000 crore will go towards expansion projects, brownfield sites and grinding units.

Higher volumes and improved average selling prices boosted profits in the first half of this year.

Australia’s Adelaide Brighton is strengthening its market position through the acquisition of BM Webb Construction Materials and Direct Mix Concrete and Southern Quarries.

The Japanese and Indian companies offer complementary material handling systems for cement and other industries.

The European Bank for Reconstruction and Development has provided Mongolia’s Senj Sant with further funding for its new 3000 tpd cement plant.

Magnezit Group has commissioned the second unshaped refractories production line at its Chinese plant.

Cement sector growth reached double-digits in June; cement prices lead property developers to consider entering the cement industry; TNPL plans capacity expansion at cement plant.

Grasim Industries has reported a 20.14% decline in consolidated net profit for the April – June quarter.

The Pakistani company is gearing up for increased cement demand in the domestic market and a potential improvement in demand from Afghanistan.