Asia & Pacific Rim

ACC is planning to upgrade its Jamul cement plant and add a grinding unit in Jharkhand, while UltraTech is reportedly keeping an eye on the Lafarge-Holcim divestment activity.

From health and safety to 1Q14 results, here are some of the key stories from the cement industry this week.

The Japanese Ambassador has commended Tokyo Cement Company for contributing towards Sri Lanka’s economic development through joint business partnership between Sri Lanka and Japan.

While cement output remained unchanged and electricity generation increased, growth in India’s other core sectors slowed in March 2014.

Indian cement producer Orient Cement posted sales of Rs.396 crore and a net profit of Rs.26.34 in the quarter ended 31 March 2014.

The Confederation of Indian Industry (CII) outlines its vision for the Indian cement industry in 2025.

Thailand’s SCG has released its 1Q14 results and confirmed plans to establish a cement plant in Laos.

DG Khan has made public its interest in acquiring 100% of Lafarge S.A.’s stake in Lafarge Pakistan Cement Limited.

JK Lakshmi Cement is planning its next move and Kesoram Industries reports a negative quarter in 'challenging' conditions

Sinoma, with its subsidiary LNVT, has signed the last part of its Shree Digvijay contract in India and provides news on cement plant contracts in Iraq and Congo.

Pakistani cement producer DG Khan recorded a 7% y/y decline in profit in the first nine months of the current fiscal year.

Expenditure offsets rise in sales for Shree Cement in January – March 2014, leading to a 19% y/y decline in profit.

Cement sales in the Philippines increased by 8.6% y/y in the first quarter of 2014, driven by reconstruction and rehabilitation efforts in the wake of Typhoon Yolanda.

Pakistani cement manufacturer Lucky Cement recorded a profit after tax of Rs.8.19 billion for the first nine months of the current fiscal year.

Pakistan International Bulk Terminal will handle 12 million tpa of coal, 5 million tpa of cement and 2 million tpa of clinker when it is completed in two years.