Shree Cement is latest to report a decline in quarterly profit
The company has recorded an almost 25% reduction in profit after tax, attributed to increased financial and ‘other’ costs.
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Indian Builders Association act against increase in cement prices
The Builders Association of India (BAI) has called upon the state to intervene in rising cement prices, as construction projects all over the region are cut short due to high costs.
Cleaning Up in China Part Two: Technology and Emissions Reduction
China, the world’s largest cement industry, are updating technology and reducing emissions as part of a plan to curb pollution.
Cleaning Up in China Part One: Environmental Concerns and Alternative Fuels
China, one of the largest greenhouse gas emitting nations, is conducting research into alternative fuels as a way of reducing environmental pollution. Katie Kouchakji reports in this abridged article from the November 2013 issue of World Cement.
Cement companies in India release 3Q13 results
Major Indian cement companies Ambuja and ACC have announced disappointing results for the third quarter of 2013.
Lafarge Pakistan posts 86% decline while Fauji records 61% increase in profit after tax
Pakistani cement producers are reporting mixed fortunes for the quarter ended 30 September, with some showing increased earnings and others declines in profitability.
Pakistan’s major cement companies announce 1Q14 results
Cement prices are expected to rise as Pakistan’s major cement producers publicise their 1Q14 results.
Siemens win contract for power distribution in Thailand
Thai cement producer TPI Polene Public Company Limited enter contract with Siemens for engineering and supply of the power distribution to introduce a new clinker production line in Saraburi, Thailand.
UP tax rebate found to be discriminatory
In India, the Supreme Court has ruled that a tax rebate offered by the state government of Uttar Pradesh is discriminatory and unconstitutional.
JK Lakshmi reports 80% decline in quarterly net profit
The company becomes the latest Indian cement manufacturer to report a poor July – September quarter.
Nepalese plant resumes operations following kiln shutdown
The Hetauda cement plant has resumed operations following a technical problem in the kiln.
Siam Cement considers growth in the Philippines
Siam Cement Group is reportedly looking into the possibility of setting up a fibre cement board factory in the Philippines.
Low prices and a prolonged monsoon season affect UltraTech Cement’s quarterly results
The Indian cement manufacturer’s net sales and profits decline y/y in the quarter ending 30 September 2013.
Quarterly losses for Indian cement manufacturers
Both HeidelbergCement India and Gujarat Sidhee Cement have reported losses in the July – September quarter.
Training course in China on cement-related technology and engineering
China launches training programme for recipients of foreign aid in Asia, Africa and Latin America.