HeidelbergCement’s profits tempered by rising costs
HeidelbergCement has reported a decline in second quarter operating income, due to rising energy costs.
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HeidelbergCement has reported a decline in second quarter operating income, due to rising energy costs.
Birla Corp has announced a lower Q1 net profit of Rs 111.88 crores, as compared to Rs 118.28 crores in the previous corresponding quarter. The results have been attributed to reduced ex-works realisation in the cement division.
Lafarge recently released its 2011 second quarter report, which showed strong cement volume growth in emerging markets in the context of a high cost inflation environment.
Risks associated with business energy use are increasing. npower, UK, presents an integrated energy management and procurement strategy.
Karanta Kalley, IHS Global Insight, USA, assesses the economic rebound in Sub-Saharan Africa.
A look at the seldom reported picture of Iraq’s recovery, its implications for infrastructure restorations, foreign investment and future outlook.
Orient Paper and Industries has announced its intentions to demerge its cement business in order to create a pure-play cement company. Orient’s shareholders will participate directly in the cement company.
UltraTech Cement has announced a rise in profit for the quarter ended 30 June 2011, but notes that its results were adversely impacted by a 30% increase in domestic coal prices.
MK Einat Wilf recently called on the country’s Prime Minister to open the cement market to competition in order to reduce housing and rental prices.
The PCA has forecast a marginal cement consumption improvement for the next two years. However, significant government policy risks could affect the near, long-range forecast.
Raysut Cement has added a second cement carrier to its fleet, with a capacity of 16 000 t.
Potomac Landfill, Inc. is using Powerscreen equipment to sort the recyclables from the waste at its construction landfill site in Virginia.