Asia & Pacific Rim

We report on an automation contract for ABB and a new terminal for Zuari Cements, as well as the quarterly results from India Cements.

India’s cement industry is making headlines again, as prices fall after cartel case, demand lags behind expansion, and acquisition rumours abound.

The World Business Council for Sustainable Development (WBCSD) Cement Sustainability Initiative (CSI) has announced its cooperation with the IFC on projects to reduce carbon emissions in the Indian cement industry.

India’s Ambuja Cement has reported a 34.9% y/y profit growth in 2Q12.

UltraTech Cement’s net sales increased to Rs.5075 crores over the last four months.

HAVER IBAU India has expanded its headquarters in Gujarat to increase space for stock and assembly areas.

Paul Maxwell-Cook provides a summary of the cement industry in Asia.

Holcim Vietnam discuss an essential part of its sustainability strategy: employee volunteer engagement projects.

The CCI has published an order against several Indian cement companies, including fines for ACC and Ambuja Cements (ACL).

Aditya Birla Group, which owns UltraTech Cement, has announced plans to open a cement plant in Karnataka.

Ludowici’s shareholders and Australian regulatory bodies have approved FLSmidth’s acquisition proposal.

Paul Maxwell-Cook provides news and updates on recent cement terminal projects around the world. This article is an abridged version of the full article, which appeared in the June 2012 issue of World Cement.

UltraTech Cement has released its financial results for FY12, indicating an increase in profits and net sales.

Straits Cement has awarded KHD a contract to build a new cement plant in Malaysia, with a capacity of 5000 tpd of cement.

PT Pelayaran Tonasa Lines and PT Dok & Perkapalan Surabaya sign contract to construct 11 new cement and coal shipping vessels.