Delayed monsoon could impact cement industry in India
Construction projects requiring water have been banned in Aurungabad while the city concentrates on preserving water for drinking.
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Construction projects requiring water have been banned in Aurungabad while the city concentrates on preserving water for drinking.
ACC has reported a 4% increase in sales volumes thanks to increasing demand, but also alludes to the challenges of increasing manufacturing and distribution costs.
In its second quarter results, India’s Ambuja Cements reports growth in volumes, sales and profits.
Cement continues to do well in the Philippines where reconstruction efforts and increased infrastructure spending are driving cement demand.
According to local reports, Chettinad Cement Corporation has increased its stake in Anjani Portland Cement to 66.08%.
Lafarge Pakistan Cement Ltd has been acquired by the UK-based Bestway Group, which already has cement operations in Pakistan.
Bangladesh’s only fully integrated cement producer has reportedly signed a supply deal with Metrocem Cement.
Despite a slower second quarter, Thailand’s second largest cement company saw a 10% increase in sales in the first half leading to net profit of THB3.38 billion.
The demand outlook for FY15 appears more favourable in India, while Pakistani exports to Afghanistan fell by around 9% in July – December of FY14.
The Australian cement company has bought the Penrice limestone quarry located near to its Angaston plant.
Loesche’s LM 63.3+3 mill attained a new record product rate of 255 tph of blastfurnace slag meal after only a short period of operation in Taiyuan, northern China.
Siam Cement (Lampang) and three Siam City Cement plants have achieved Green Industry Level 5: Green Network status, marking them as actively achieving and promoting environmentally friendly practices.