Indian cement industry worries over diesel price increases
Alongside other problems, such as overcapacity issues, the cement industry must face an Rs.10/l rise in the price of diesel.
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Alongside other problems, such as overcapacity issues, the cement industry must face an Rs.10/l rise in the price of diesel.
Net sales increased y/y in the last quarter for India’s UltraTech Cement, although profit after tax fell.
In the wake of dangerously high pollution emissions, the Beijing Government has proposed limiting the construction of new cement plants.
Dalmia Cement has put in place an Rs.1800 crore investment plan to expand over the next two years.
The Minamata Convention will introduce a range of global controls to reduce mercury emissions, including those from cement plants.
Indonesian Cement Association reports have shown that cement market growth through 2012 was slower than that in 2011.
Once completed, the Rs.500 crore plant will have an output of 2 million tpa.
The expansion takes Heidelberg’s overall Indian capacity to almost 5 million tpa.
Loesche secures another Indonesian contract.
The past week’s pollution levels seem to have been a wake up call, with the media speaking out against the smog that has enveloped Beijing and many other northern cities.
FLSmidth has divested the Industrial and Infrastructure business units gained through its acquisition of Ludowici.
Inspections made by a Supreme Court team have revealed that the Meghalaya region’s cement plants may be in violation of Forest Conservation Act.