Ramco Cements records a decline in quarterly income
Ramco Cements reported a decline in income from operations to Rs.815.93 crore in the three months ended 31 December 2014.
Ramco Cements reported a decline in income from operations to Rs.815.93 crore in the three months ended 31 December 2014.
Paul Maxwell-Cook concludes his review of the major countries that are making the headlines in the Far East.
India’s JK Lakshmi Cement reported a 31% y/y increase in net profit to Rs.18 crore in the October – December 2014 quarter.
Star Cement received the Most Preferred Cement Brand of the Year 2014 award at the 5th North-East Consumer Awards in India.
India’s ACC, part of the Holcim group, has reported its financial results for 2014, including an improvement in sales, profit after tax, cement prices and volumes.
India’s Wonder Cement Ltd has announced plans to increase its production capacity from 3.25 million tpy to 6.75 million tpy. The company has also appointed a new Executive Director.
The Australian government will provide AUS$25 million in funding to the Cooperative Research Centre for Greenhouse Gas Technologies, which is running a carbon capture and storage project at its Otway site in Victoria.
The Indian cement producer reported a decline in net profit of 18.9% due to higher input costs.
India’s core sector growth slowed to 2.4% in December 2014, compared to 6.7% in November 2014 and 4% in December 2013.
Grasim Industries has increased production across the cement, VSF and chemicals businesses, bringing about a rise in revenues and PBIDT.
The new government has declared a price cut on state-owned cement producers, causing other manufacturers to follow suit.
Paul Maxwell-Cook presents another review of the major countries that are making the headlines in the Far East, in this abridged article from World Cement's February 2015 issue.
The regional report in World Cement’s February 2015 issue includes an infographic on China and the Far East.
Dalmia Cement’s Ariyalur plant in Tamil Nadu, India, has been awarded the FICCI 'Safety Systems Excellence Awards 2014 for the Manufacturing Sector'.
Sales grew more than 7% for the Pakistani company in the July – December period.