ACC reports positive 3Q17 results
ACC seems to have blown away the post-demonetisation blues that had hit the Indian cement industry, reporting an almost doubling of net profits in 3Q17.
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ACC seems to have blown away the post-demonetisation blues that had hit the Indian cement industry, reporting an almost doubling of net profits in 3Q17.
China will drag down average cement consumption growth over the next five years, as the country continues to battle overcapacity, counterbalancing a rosier outlook elsewhere.
UltraTech’s Vikram cement plant was won a National Award for Excellence in Water Management 2017 from the Confederation of Indian Industry.
India’s northern and eastern regions are expected to drive demand for cement in the coming quarters.
Orient Cement will increase its capacity to over 12 million tpy this year, as it targets capacity of 15 million tpy in 2020.
India’s cement production was down in the first quarter of the current financial year, on weak demand from the real estate and housing sector.
FLSmidth is to deliver a new OK vertical cement mill to The India Cements Ltd, one of the leading cement producers in southern India.
The state government of Himachal Pradesh has approved the construction of a new clinker production line by Asian Concretes and Cements Ptv. Ltd.
Petron Engineering has received a letter of intent from JSW Cement for the civil and engineering work for a new grinding unit at Jajpur.
Petron Engineering had been awarded a contract for civil and engineering works at The Ramco Cements Ltd Kolghat grinding plant expansion project.
Sanghi Industries, a leading cement producer in Gujarat, India, has recorded a 33% rise in net profits in 1QFY18.
JK Lakshmi Cement has announced plans for new WHR and thermal power plants in Durg.