
Sagar Cements reports a third quarter loss in sales and profit
Indian cement producer Sagar Cements Ltd has reported a net loss of Rs.8.39 crore in the third quarter of the current fiscal year.
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Indian cement producer Sagar Cements Ltd has reported a net loss of Rs.8.39 crore in the third quarter of the current fiscal year.

As China battles pollution, there is talk of setting up a fund to help transfer some of the industries with surplus capacity overseas.

Kazakhstan’s Steppe Cement sees its revenue rise by 9% y/y in 2013.

Pakistani cement manufacturer Attock Cement Pakistan Ltd (APCL) has reported a 9% fall in profit in 1H14 compared to 1H13.

Cement production capacity in Nigeria is expected to reach 39 million tonnes this year, while Dangote looks at opportunities in Asia and South America.

Turnover and production in Turkey’s construction sector increased in 3Q13 and the building construction cost index rose by 1.2% in 4Q13.

Enugu State Government has signed an MoU with China’s Goalmark Group for the establishment of an industrial park, which will include cement and coal facilities.

PCA Chief Economist Ed Sullivan is forecasting 8% growth in cement production this year, driven by residential, nonresidential and public construction.

Exports in the northern region of Pakistan remained relatively stable in 1H14 while those in the southern region are set to experience sudden growth.

Carib Cement has received a US$1.69 million cheque from the Jamaican government to cover the 100 000 t of clinker to be supplied to Venezuela under the PetroCaribe Agreement.

According to the CIF, a number of factors will boost the value of Ireland’s construction activity to €11 billion in 2014 and generate an additional 10 000 jobs.

Highlights from Eurostat’s latest estimates on production in construction figures in the euro area and EU28.