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Construction & Infrastructure News

FLSmidth secures contract with Iraq Cement

December 2016

FLSmidth has won a contract worth over US$ 200 mn to construct a 6,000 tpd cement plant in Al Muthana province of southern Iraq....

FLSmidth, Equipment, Al Muthana, Cement Plant

Better profits for North cement makers

December 2016

According to the rating agency ICRA, an uptick in demand in north India followed by strong pricing discipline, resulted in a rebound in cement prices...

ICRA, Cement MAnufactures, North Indian

Telangana State Housing Corporation signs MoU to fix cement price

December 2016

The State Housing Corporation of Telangana has signed an MoU with local producers to fix the price of supplied cement at Rs 230 per bag. The rate inc...

Telangana State Housing Corporation, Transportation, Taxes, Cement

Higher cement prices to aid Ambuja Cements profitability

December 2016

Ambuja Cements' July to September quarter profit is expected to rise 59 per cent on a year-on-year basis to Rs 244 crore, according to estimates. For...

Ambuja Cements, Improvement, Profitability

Grasim net profit up by 51 per cent

December 2016

Grasim Industries has reported 51 per cent increase in consolidated net profit in the September quarter at Rs 846 crore due to higher viscose staple ...

Grasim Industries, Cement Business, Realisation, Viscose Staple Fibre, Taxes, Interest, Depreciation, Amortisation

Alternative fuels for Egypt's cement sector

December 2016

According to a new report by IFC, a World Bank Group company, Egypt's cement producers can save money and lower greenhouse gas emissions by using was...

IFC, World Bank Group

Cement firms with north or central exposure better off

November 2016

Cement companies having substantial exposure to northern and central India are expected to report stronger earnings in growth as compared to pan-Indi...

Cement companies, YoY, Kotak Institutional Equities report

UltraTech to hike cement prices

November 2016

UltraTech Cements plans to hike its cement prices due to subdued demand outlook and prospects of rising energy costs. Cement demand in the September ...

UltraTech Cements plans, Cement, Construction activities, Jaypee Cement
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