As a result of positive first half results and encouraging signs for strong demand in the second half of the year, cement sales in the Philippines may increase faster than the predicted rate of 4 – 6%.
Adhunik Cement is looking to augment production to 10 million t in the next few years.
China is targeting heavy industries, including cement, in order to reduce its energy intensity and meet national targets.
China Shuangji Cement Ltd forecasts adjustments within the cement industry that will provide a new level of growth for the industry.
Ambuja and ACC see declines in July shipments y/y, while India Cements reports a poor Q1 performance.
India’s largest cement manufacturer is set this week to purchase an 80% stake in the Dubai – based ETA Star Group
Samruddhi Cement has just recorded a net profit for the quarter ended June 2010 as it prepares to merge with UltraTech.
Siam Cement Group (SCG) is hoping that 11 suspended projects will be allowed to start operations within five months.
Binani Cement is ensuring energy conservation by installing captive power plants and other new generation energy efficient measures.
Birla Group boosts capacity, and Indian companies look for alternative fuel options.
ACC Ltd, India, recorded a 2.8% drop in Q2 sales, and a 26% reduction in profit.
Cement producers in the Philippines are to request that the 5% duty on imported cement be restored.
Orient Paper and Industries is planning to invest Rs 1500 crore in the construction of a 4 million t cement plant in Karnataka, India.
Prosperity Minerals Holdings releases financial results for year ending 31st March 2010.
Holcim has revealed that it wants to modify plans for its proposed plant at Oamaru, New Zealand, and will maintain cement prices in the Philippines.