Indian Subcontinent

German engineering company, Loesche, is to supply two hot-gas generators to the Bangladesh market.

Capacity utilisation in Pakistan’s cement sector hit 90.88% as demand for the building material continued to boom.

Construction is on track for completion in 2Q17 at Pakistan’s first dry bulk terminal, with equipment onsite and in the process of being installed, tested and commissioning.

Research and Markets has released its latest report, which addresses the global construction chemicals market.

HeidelbergCement reports its best year since the financial crisis on the consolidation of Italcementi operations.

Indian cement maker, Ramco Cements, saw its profits rise 28.4% in 4Q16 and 43.1% in the financial year from 1 April 2016.

Cemex has reported an increase in net income.

Karachi-based Cherat Cement Co. is to build a new 7100 tpd cement production line at its existing site in Khyber Pakhtunkwa province, Pakistan.

Dalmia Bharat’s 4Q16 pre-tax profits were up 19% on rising sales volumes and falling costs, despite a challenging market conditions.

ABB has released its financial results for 4Q16 and FY16.

Shree Cement and Dalmia Bharat are both interested in buying Binani Cement, according to local media reports.

ACC has announced an increase in pre-tax profits in 2016 as cost-cutting measures and a focus on premium products offset falling sales.

Neeraj Akhoury has taken up the role of Managing Director and CEO and Indian cement producer, ACC.

ACC and Ambuja Cements – both controlled by LafargeHolcim – have denied reports that the companies could merge.

Indian cement producer, JK Lakshmi Cement, has announced an increase in production and sales in 4Q16, despite the impact of demonetisation.