Cement News tagged under: india
Shree Cement awards Gebr Pfeiffer with new order08 August 2019, Published under Cement NewsIndia’s Shree Cement has awarded Gebr Pfeiffer with an order to equip its grinding plant in Pune, Maharashtra. The MVR 6000 C-6 mill can alternately produce 300tph of OPC at a fineness of 3100 cm²/g according to Blaine, PPC containing as much as 35 per cent of fly ash to a fineness of 3500cm²/g, or 180tph of GGBFS at a fineness of 4500cm²/g. The unit will be equipped with a 6700kW drive. A previous MVR 6000 C-6 mill order for Shree Cement Gebr Pfeiffer SE will supply the core co... |
Sagar Cements records 22% rise in production for July07 August 2019, Published under Cement NewsIndia’s Sagar Cements has seen a 22.3 per cent increase in consolidated cement production to 281,597t in July 2019, compared with 230,193t in the year-ago period. Standalone production rose 21.2 per cent to 200,808t from 165,629t. Consolidated cement sales also surged 25.1 per cent to 274,822, against 219,748 in July 2018. |
Mangalam Cement posts record quarterly profit06 August 2019, Published under Cement NewsIndia’s Mangalam Cement has reported a record net profit of INR330m (US$4.66m) for the quarter ending 30 June, following an INR150m net loss in the year-ago period. Operational revenue surged 31 per cent YoY to INR3.33bn from INR2.55bn, while the EBITDA margin improved to 20.4 per cent from 1.9 per cent. |
JK Cement reports 212% increase in net profit05 August 2019, Published under Cement NewsIndia’s JK Cement has reported a 211.8 per cent YoY increase in standalone net profit for the quarter ending 30 June, rising to INR1.53bn (US$21.86m) from INR493.2m. Net revenue of the company rose 19 per cent to INR132.7bn from INR111.5bn. During the April-June quarter, operating expenses advanced 6.1 per cent to INR102.4bn from INR9.65bn. However, operating profit surged 102 per cent to INR30.3bn, compared with INR1.5bn in the year-ago period. |
Dalmia Bharat reports 192% increase in net profit02 August 2019, Published under Cement NewsIndia’s Dalmia Bharat Ltd has reported a 192.3 per cent YoY increase in consolidated net profit for the quarter ending 30 June, rising to INR1.52bn (US$21.82m) from INR520m. EBITDA was up 27.3 per cent to INR6.66bn from INR5.23bn. Total revenue advanced 7.1 per cent to INR25.81bn, compared with INR24.11bn in the 1QFY18-19. Cement sales volumes were fairly consistent with the year-ago period at 4.55Mt from 4.51Mt, with the flat YoY growth attributed to general elections spanning the first t... |
Wonder Cement completes third line at Nimbahera01 August 2019, Published under Cement NewsIndia’s Wonder Cement (RK Group) has launched the third line of its facility in Nimbahera, Chittorgarh, taking total capacity to 11Mta. The new capacity was built in one year at an investment of INR11bn (US$159.29m), taking the total cost of the three units to INR41bn. "This increases our overall capacity to 11Mta, which places us well on track to meet the burgeoning demand in the premium segment of the market. We have further expansion plans across the country soon," said Sanjay Joshi, ex... |
UltraTech31 July 2019, Published under Cement NewsUltraTech Cement’s merger with Century Cement will reportedly be completed by September this year. Century’s cement business consists of three integrated units, located in Madhya Pradesh, Chhattisgarh and Maharashtra, along with a grinding plant in Bengal. Once completed the deal will boost UltraTech’s cement production capacity to more than 117Mta. “The transaction gives us an opportunity to strengthen our presence in the highly-fragmented, but competitive and fast-growing eastern and ce... |
Orient Cement sees 249% rise in net profit30 July 2019, Published under Cement NewsIndia’s Orient Cement has reported a 7.5 per cent YoY rise in total income for the quarter ending 30 June 2019, rising to INR6.91bn (US$100.56m) from INR6.43bn. Net profit for the 1QFY19-20 surged 249.1 per cent to INR558.9m, compared with INR160.1m of the year-ago period. |
Ambuja Cement records 1.2% increase in standalone net sales29 July 2019, Published under Cement NewsIndia’s Ambuja Cement (LafargeHolcim) has announced a 1.2 per cent YoY increase in standalone net sales to INR57.59bn (US$834m) for the 1H19. EBITDA rose 2.9 per cent to INR11.62bn from INR11.29bn. However, sales volumes fell to 12.19Mt from 12.59Mt. In the second quarter, net sales declined 0.5 per cent to INR29.12bn against INR29.27bn in the year-ago period. However, EBITDA advanced 12.2 per cent to INR6.98bn from INR6.22bn. Sales volumes decreased to 5.82Mt from 6.37Mt in the 2Q18. "Am... |
Udaipur Cement Works sees 56% surge in revenue26 July 2019, Published under Cement NewsIndia’s Udaipur Cement Works has reported a 56.4 per cent YoY increase in total revenue for the 1QFY19-20 to INR2.02bn (US$29.3m), against INR1.29bn in the year-ago period. Net profit saw a considerable improvement to INR137m in the quarter ending 30 June 2019, when compared with its INR159m loss in the 1QFY18-19. |