ACC and Ambuja Cements pass vote to pay Holcim fee
ACC and Amuja Cements have agreed to pay a technology and know-how fee to parent company, Holcim.
ACC and Amuja Cements have agreed to pay a technology and know-how fee to parent company, Holcim.
Expansion projects in Central India have increased the company’s cement production capacity in the country to 6 million tpa.
Semen Indonesia plans to construct a new cement plant in Java, while CMS discusses increasing its grinding capacity in Malaysia.
ACC Ltd has released its full year 2012 results, reporting a rise in sales turnover and operating EBITDA.
Boral’s Construction Materials division picks up but Cement recorded a y/y fall in earnings.
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.