Oman Cement Co has posted a 36.7% increase in its net profit for full-year 2012 to OR17.5m, compared with OR12.8m in the previous year, Muscat Daily has reported. "The growth in net profit is mostly volume driven with some recovery in local ...
Tags: Oman Cement, cement, construction, cement price
Cement stocks have fallen sharply this week. In an interview to CNBC-TV18, Deep Mukherjee of India Ratings says he expects the cement sector to grow in the range of 5-8 percent for calendar year 2013. Below is the edited transcript of ...
Tags: Cement stocks, India, cement, cement industry
(Muscat, Oman) -- On the back of increased government spending on infrastructure and mega projects, demand for cement is expected to grow at higher pace this year. In the Oman budget for 2013, RO 600 million has been earmarked for roads ...
Tags: Cement, Cement Demand, Further Rise
Cement prices in India have dropped around 6% since June this year. The dip in cement prices can be attributed to a slowdown in construction and the Competition Commission of India (CCI) order that penalized 11 cement companies, accusing ...
Tags: cement prices, India, June, dip
August 13,2012--India's cement industry is one of the largest in the world.In-line with the country's economic growth,the cement industry is witnessing boom.Growth in cement industry in India is backed by strong demand from retail,housing ...
According to a report of All Pakistan Cement Manufacturers Association, the News reported that Pakistan cement sales have depicted a growth of 3% on YoY basis to 13.12 million tonnes during the first 5 months of the current fiscal year. ...
Tags: Cement, Cement prices, local sales
Economic Times reported that cement prices in November saw corrections in most of the regions with central, eastern and northern regions bearing most of the brunt. Hyderabad surprisingly was an exception to the fall in price. Cement ...
Tags: flat MoM cement, cement, Economic Times, sand
JSW Cement is all set to double its production capacity by March 2013 as it commissions two more mills that have already been installed. “The commissioning of the plants will help us increase production from 2 lakh tonnes per ...
Tags: cement to double capacity, cement production, increase production
Egypt s cement market has witnessed an increase that has caused resentment among wholesalers. "Since before the Eid holiday, cement producers have been pressing to increase price per tonne, " cement wholesaler, Khairy El-Batrawy said. ...
Tags: market view, cement
Developers across the country get into outburst mode when cement manufacturers increase prices. They blame the cement cartel of pushing up construction costs. While manufacturers have insisted that cement price hike has only a marginal ...
Tags: industry trends, cement
Despite hawkish stance of Competition Commission of Pakistan and an oversupply of around 13 million tons in the sector,the Kohat Cement Company Limited(KOHC)has been aggressively pre-paying its long-term loans,which is not only decreasing ...
Tags: Kohat Cement capacity utilisation, Service, Construction&Decoration
India s largest cement maker, UltraTech Cement, has sought Government assistance for the cement industry to help it come out of the challenging times posed by soaring operational cost and slowing demand. Kumar Mangalam Birla, Chairman, ...
Tags: market view, cement
In July, cement prices headed north in most States. Now they are heading south. The slide is marked in Andhra Pradesh, where a 50-kg bag has lost between Rs 20 and Rs 25. If the prices touched Rs 300 a bag in Hyderabad and Rs 320-330 in the ...
Tags: market view, cement, price
In recent years, the Saudi government has put greater emphasis on the development of healthcare, education and public services, resulting in a massive drive to develop the underlying infrastructure. The government has also announced the ...
Tags: market view, cement, demand
The average price of cement across China last week fell 0.83 percent week-on-week to 336.25 yuan per ton, reports Shanghai Securities News. According to the report, the price of cement has been falling for several weeks since the end of ...
Tags: market view, cement, price