India cement news
Ramco Cements profits up in 4Q16 and YTD
Indian cement maker, Ramco Cements, saw its profits rise 28.4% in 4Q16 and 43.1% in the financial year from 1 April 2016.
Dalmia Bharat reports jump in pre-tax profits
Dalmia Bharat’s 4Q16 pre-tax profits were up 19% on rising sales volumes and falling costs, despite a challenging market conditions.
Shree and Dalmia in competition for Binani Cement
Shree Cement and Dalmia Bharat are both interested in buying Binani Cement, according to local media reports.
ACC announces increased profits
ACC has announced an increase in pre-tax profits in 2016 as cost-cutting measures and a focus on premium products offset falling sales.
New boss takes charge at ACC
Neeraj Akhoury has taken up the role of Managing Director and CEO and Indian cement producer, ACC.
ACC and Ambuja deny merger rumours
ACC and Ambuja Cements – both controlled by LafargeHolcim – have denied reports that the companies could merge.
JKLC announce higher sales in 4Q16
Indian cement producer, JK Lakshmi Cement, has announced an increase in production and sales in 4Q16, despite the impact of demonetisation.
Indian Cements releases positive 4Q16 results
Indian Cements released a positive set of results for 4Q16, despite the continuing impacts of demonetisation on Indian economic growth.
Shree Cement approves new plant
The directors of Shree Cement have approved construction of a new cement plant in the Indian state of Karnataka.
Greenbank opens office in India
UK-based engineering company, Greenbank Group, has opened an office in Kolkata, India.