DG Khan Cement sees profit soar 53% in 2Q
Strong demand growth and debt retirement saw Pakistan’s DG Khan Cement boost profits by 53% in 2Q and 128% in 1H.
Strong demand growth and debt retirement saw Pakistan’s DG Khan Cement boost profits by 53% in 2Q and 128% in 1H.
Cement sales and profit increased for the Indian cement manufacturer, as it invested in expansion projects.
Sri Lanka-based Tokyo Cement has set up a new subsidiary, Eastern Cement Company Ltd.
Domestic cement sales in Pakistan are increasing, while exports still falter.
The IFC might invest US$100 million into UltraTech Cement’s clinker capacity expansion project.
Laksme Khorana, Emerging Markets Direct, provides an overview of the SEA markets, as well as deeper insight into some of the larger cement producing nations. This is an abridged version of the full article, which appeared in the February 2013 issue of World Cement. Subscribers can view the full article by logging in.
Anuj Gupta and Peter Hopper, Strategic Decisions Group, provide some insight into the direction in which the smaller Southeast Asian markets are headed. This is an abridged version of the full article, which appeared in the February 2013 issue of World Cement. Subscribers can view the full article by logging in.
SCG Cement saw sales revenues increase by 25% y/y, with profits up 26% y/y.
Alongside other problems, such as overcapacity issues, the cement industry must face an Rs.10/l rise in the price of diesel.
Net sales increased y/y in the last quarter for India’s UltraTech Cement, although profit after tax fell.
In the wake of dangerously high pollution emissions, the Beijing Government has proposed limiting the construction of new cement plants.
Dalmia Cement has put in place an Rs.1800 crore investment plan to expand over the next two years.
The Minamata Convention will introduce a range of global controls to reduce mercury emissions, including those from cement plants.
Indonesian Cement Association reports have shown that cement market growth through 2012 was slower than that in 2011.
Once completed, the Rs.500 crore plant will have an output of 2 million tpa.