Posts tagged with Cement

CREDAI Urges Govt to Control Steel, Cement Prices
Feb 2021 , by in ALLIED

Confederation of Real Estate Developers Association of India-AP State General Secretary K.Subhash Chandra Bose urged the Union and State governments to establish competent authorities to control cement and steel prices which had been skyrocketing for the last three months. He said that the cement... Read more...

UltraTech Doubles Profit On Sustained Cement Demand
Jan 2021 , by in ALLIED

UltraTech Cement Ltd. doubled profit in the three months ended Dec. 31 on sustained demand for housing, the company stated. Net income jumped to 15.8 billion rupees ($217 million) from 7 billion rupees a year earlier, beating analyst estimates, the unit of billionaire Kumar Mangalam Birla’s Adit... Read more...

Cement Prices Decline In Seasonally Strong Quarter
Jan 2021 , by in ALLIED

Cement prices across India corrected in January despite the ongoing demand recovery. The latest dealers channel check by Kotak Institutional Equities showed that on a pan-India basis prices fell by around 2% month-on-month (m-o-m) or by Rs 9/bag. One cement bag, which weighs 50 kg, costs Rs344 at pr... Read more...

Star Cement’s Rs 450 Cr Bengal Plant Ready
Jan 2021 , by in ALLIED

Century Plyboards India-promoted Star Cement’s two-million-ton greenfield cement plant in West Bengal is ready and commercial production will begin soon, company  said on January 10. The Rs 450 crore grinding unit has been set up in Jalpaiguri district in north Bengal. “The project is underg... Read more...

Star Cement Expansions in Eastern India
Jan 2021 , by in ALLIED

As the tide remains favorable for cement manufacturers, rising demand and realizations are prompting companies to expand capacities and diversify into new geographies. Star Cement, having a strong presence in the northeast, is expanding into eastern India with ongoing capacity expansion at Siliguri,... Read more...

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