New analysis by CPI demonstrates that, with the right policies, India’s transition to a low carbon energy system could free up significant financial capacity over the next 20 years.
India Cements has recorded net profit of Rs.7.49 crore for the July – September quarter.
Cement sales volumes have risen in Pakistan, though there is regional disparity in terms of exports versus domestic sales.
Asia Cement (China) Holdings Corp has reported increased revenue and profit for the nine months to 30 September as sales volumes grow by 16%.
Sales and operating income were up for the Indian cement company, but higher operating expenses brought net profit down for the quarter ended 30 September.
As part of the new 2014 – 20 National Plan to Cope With Climate Change, the Chinese government will limit carbon dioxide emissions from the steel and cement industries.
The Australian construction industry expanded for a fifth consecutive month in October but its rate of growth eased from September's record high.
The latest Ai Group/ACA Construction Outlook survey has forecast a fall in total non-residential building work as well as employment as resource-related project activity winds down from its recent historically high levels.
Terra Cement Inc. has entered into a joint venture agreement with South Australia’s Ore Mines International Pty Ltd to form a new company – Terra Cement Australia Pty Ltd.
Malaysia’s Tasek Corporation Bhd recorded a 7.1% decline in profit in the quarter ended 30 September 2014 due to lower profit margins from its cement division.
According to local press, Taiwan Cement Corp. is to purchase China’s Sichuan Railway Group Cement Co. via its Hong Kong-based subsidiary TCC International Holdings Ltd.
Higher costs related to maintenance activities put a dent in the company’s margins, but net income rose 4.4% and gross revenue was up 18.2% in the quarter.
Ambuja Cements Ltd has reported an increase in net sales, operating EBITDA and net profit after tax for the July – September 2014 quarter.
Reporting on its results for the first quarter of its current financial year, Lucky Cement said that local sales grew to 0.965 million t and net sales revenue rose 12.2%.
ACC posted a 62% increase in net profit for the quarter ended 30 September 2014, which was attributed to better cost management and improved realisations.