Asia & Pacific Rim

According to local reports, Dalmia Group is planning a merger of its two listed cement companies Dalmia Bharat and OCL India.

Boral reports underlying improvements in its Construction Materials and Cement division, with an EBIT contribution of AUS$277 million.

According to the Australian Bureau of Statistics, the value of total construction activity contracted by 1.5% y/y in the quarter ended 30 June 2014.

Sika has increased its presence in Asia-Pacific with the establishment of a subsidiary in Sri Lanka.

Shree Cements and Jaiprakash Associates have entered into an agreement over the latter’s 1.5 million tpa grinding plant in Haryana state.

The company is reportedly seeking approval for a new integrated cement plant and quarry in the state, as well as a separate grinding plant.

Fauji Cement has reported its results for the full year ending 30 June 2014.

Berkh Uul Coal Project has signed an initial non-binding MoU with KCLC.

Birla HomeTech executives have expressed an interest in setting up a new cement plant in Petnikota village, located in India’s Kurnool district.

Haver Technologies in Tianjin has a new office, bringing it closer to customers and decreasing delivery time.

Growth was recorded across three of the four Australian construction industry subsectors in July 2014.

The German company will supply two mills for raw meal and coal grinding.

Though the cement industry is looking more positive, the results coming in for 1Q15, the April – June quarter, are mixed.

PT Indocement Tunggal Prakarsa Tbk. has posted domestic sales volume of 8.97 million t in 1H14, 3% higher than the 8.73 million t sold in 1H13.

The Prime Minister expressed his hopes that the new cement plant will help improve access to cement and bring down prices.