Asia & Pacific Rim

Cement production grew in March in China, but the coal industry continues to face obstacles as economic growth slows and the government tackles emissions levels.

FLSmidth MAAG Gear has inaugurated an assemble and service unit in India.

Cement dispatches to Pakistan’s domestic market improved by 2.7% y/y in the first 10 months of the current fiscal year, with capacity utilisation reaching its highest point in five years.

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.