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Cement Industry News

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Tried and tested', Anacon to get national award on Sept 2
Friday 26th Aug 2011    1353
Tried and tested', Anacon to get national award on Sept 2
 
Nagpur : Nagpur | Aug 26, 2011, 02.39PM IST:NAGPUR: Dattatraya Garway, managing director of Analytical Consultancy or Anacon Laboratories Pvt Ltd, started the lab with an investment of Rs 3 lakh....
 
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IIFL on Cement: Demand growth to gain pace post monsoon
Friday 26th Aug 2011    1350
IIFL on Cement: Demand growth to gain pace post monsoon
 
Mumbai : Mumbai Aug 26, 2011:According to the dealers, cement demand is sluggish in the current month, after remaining strong in July as monsoon has intensified.

IIFL Institutional Equities, a part....

 
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Cement makers profit may fall to 10-year low: Crisil
Wednesday 24th Aug 2011    1348
Cement makers profit may fall to 10-year low: Crisil
 
New Delhi : Cement makers profit may fall to 10-year low: Crisil Huge demand-supply mismatch might bring down cement manufacturers' profitability to the decade's lowest levels by 2012-13, Crisil Research said today.

The magnitude....

 
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Cement: Sell now, buy later
Thursday 25th Aug 2011    1352
Cement: Sell now, buy later
 
Mumbai : Ambuja Cements Ltd,ACC Ltd:Static prices and cost push may halve the industry’s margin to 10% in 2012-13. The pressures on the cement industry — be it rising raw material costs....
 
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Political impasse hurts cement demand
Tuesday 23rd Aug 2011    1349
Political impasse hurts cement demand
 
Chennai : CHENNAI: Cement consumption in India fell for the first time in nearly two decades during the April-June quarter as political impasse in large consumer states holds up infrastructure and....
 
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Cement prices may recover post-monsoon
Tuesday 23rd Aug 2011    1351
Cement prices may recover post-monsoon
 
New Delhi : Cement prices are expected to recover after the monsoon ends due to a likely pick-up in construction activity, the Centre for Monitoring Indian Economy has said. "We expect cement prices....
 
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Housing slump, monsoon may hit India Cements this quarter
Tuesday 23rd Aug 2011    1351
Housing slump, monsoon may hit India Cements this quarter
 
Chennai : Chennai-based India Cements benefited from curtailed output among players in the South in the June 11 quarter. In addition, there was a strong improvement in realisations on a per-tonne....
 
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Back Volumes drive top line growth in June quarter
Monday 22nd Aug 2011    1350
Back Volumes drive top line growth in June quarter
 
Mumbai : To sustain market share and ensure demand wasn’t hit, firms opted for calibrated increase in prices, despite cost inflation. Higher volumes, rather than pricing gains, played an important role in....
 
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Nalco plans to invest Rs 58k cr on expansion by 2020
Sunday 21st Aug 2011    1374
Nalco plans to invest Rs 58k cr on expansion by 2020
 
New Delhi : State-owned aluminium producer Nalco plans to invest Rs 57,903 crore by 2020 on expansion, including the setting up of two large aluminium smelters in India and abroad. The Navratna firm....
 
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JP Associates: Risky business
Friday 19th Aug 2011    1350
JP Associates: Risky business
 
Mumbai : Analysts cautious as interest costs bite, sluggishness in cement may hit profits.

Jaiprakash Associates is a classic example of an evolving infrastructure play with equal amount of risk. The company....

 
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