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India's Cement Sector Outlook
China's Three Policies to Revive Housing and Steel Markets
Cement Sector: FY25 Capacity Surge and Consolidation Trends
Landamp;T Expands Middle East Role, Eyes Infrastructure Growth
Latest Market News Of Building & Construction
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Insights
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Uttar Pradesh: State government to invest Rs 45,000 crore to expedite...
3 days ago
Building & Construction
News
Chini Mandi
Uttar Pradesh government plans a Rs 45,000 crore allocation for highway and tertiary road infrastructure in FY25, improving intrastate passenger and cargo movement. The public works department will utilize Rs 34,000 crore of this budget.
3
215
Sluggish Construction Sector Drives Bearish Price Trend for Glyoxal in Europe and USA
4 days ago
Building & Construction
News
CHEMANALYST
April 2024 saw a drop in European Glyoxal prices due to weakened construction sector demands, particularly in Germany, experiencing a 1.5% monthly decline. The downward trend is projected to continue, says the German Building Materials Association.
4
133
Indian Cement Industry Faces Pressure Due to Low Sales and Pricing; What’s Next?
5 days ago
Building & Construction
Insights
OfBusiness
The Indian cement industry, including major players like UltraTech and Ambuja, faces challenges with slow sales and pricing pressures in Q4 FY24 and in the beginning of FY25. Uncertainties, including elections and impending monsoon, contribute to cautious market sentiments.
16
202
JK Cement expands Panna cement plant
8 days ago
Building & Construction
News
Global Cement
JK Cement has doubled the capacity of its Panna cement plant in Madhya Pradesh to 6.6Mt/yr from 3.3Mt/yr, following a substantial investment. This will facilitate ‘growing demand’ in Central India, Uttar Pradesh, and Bihar.
15
78
Huaxin Cement sees revenue advance 7% YoY
8 days ago
Building & Construction
News
Cemnet
In Q1 2024, Huaxin Cement reports a 7% Year-on-Year revenue increase, hitting CNY7.08bn ($977m). However, net income fell by 28% over the same period, to CNY177.5bn.
4
189
Orient Cement commissions Phase 2 of Chittapur cement plant waste heat recovery plant
8 days ago
Building & Construction
News
Global Cement
Orient Cement has commissioned Phase 2 of the waste heat recovery (WHR) plant at its Chittapur facility in Karnataka, elevating the plant's WHR power capacity to 10.1MW.
7
144
UltraTech Cement raises sales and income in 2024 financial year
8 days ago
Building & Construction
News
Global Cement
UltraTech Cement reports a 12% annual sales growth reaching US$8.5bn for the fiscal year 2024, with a substantial 38% increase in net income, amounting to US$840m.
2
172
UltraTech Cement and JSW Cement named among potential bidders for Vadraj Cement
8 days ago
Building & Construction
News
Global Cement
UltraTech Cement and JSW Cement emerge as potential acquirers for Vadraj Cement. New finances worth US$959m gathered through loans to facilitate this potential acquisition.
9
223
Ambuja Cement Q4 Preview: Robust demand, Sanghi buyout to boost revenue, but pricing to hit profit
8 days ago
Building & Construction
News
Money Control
Ambuja Cement expects Q4 boost due to strong demand and the Sanghi acquisition, despite potential profit hits from price changes.
10
177
India's infrastructure output slows down to 5.2% in March as against 7.1% in Feb
9 days ago
Building & Construction
News
The Economic Times
The growth rate of eight core sectors in India increased by 5.2% in March on an annual basis, the Ministry of Commerce & Industry said on Tuesday.
16
164
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