Asia & Pacific Rim

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.

Anglo American plc has announced that it has entered into a conditional agreement to sell its interests in five undeveloped coal assets in Australia for A$580 million (approximately US$500 million) in cash.

Following constructive discussions with the mining industry, Australia's newly appointed prime minister, Julia Gillard, has moved to scrap the controversial Resource Super Profits Tax (RSPT), replacing it with a Mineral Resource Rent Tax (MRRT).

Indian cement manufacturers have released their shipment and production figures for June. A range of results – both increases and decreases – have so far been reported.

Cement production in India is forecast to increase by 10% this fiscal year, reaching 300 million t.

The strongest stock market in the Asia-Pacific region in global terms is not China or India, but Indonesia.

15 000 t of clinker has left the Cam Pha plant in Vietnam, bound for the Middle East.

Cement prices in India are expected to drop 8 – 10% by the end of the week as producers feel the effects of weakening demand in the nation.

China Shuangji has secured a US$3.7 million loan that will be used to complete construction of its new plant.