Indian Subcontinent

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.

Asian Previous Minerals is to invest US$400 million to build a new cement plant in the province of Khyber Pakhtunkwha, Pakistan.

Cemex has been included in the RobeccoSAM Sustainability yearbook 2017.

Indian Cements released a positive set of results for 4Q16, despite the continuing impacts of demonetisation on Indian economic growth.

Loesche have received an order for a new vertical roller mill for a new cement production line at the Haria plant in Bangladesh.

The directors of Shree Cement have approved construction of a new cement plant in the Indian state of Karnataka.

UK-based engineering company, Greenbank Group, has opened an office in Kolkata, India.

UltraTech Cement has announced its unaudited results.