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Indian cement sector consolidating 13 September 2024 the past decade, 18 mergers and acquisitions have reshaped the industry, transferring 195 million tons of capacity. From FY23 to mid-2024, 116 million tons were involved in deals, with more transactions likely on the horizon for an additional 60 million... Type: Article Category: Markets & Competition Aurizon earnings increase 14 August 2024 despite a decline in grain volumes. The Bulk segment posted an EBITDA of USD 229 million, a 7 percent increase from FY23, despite a 2 percent reduction in volumes. Aurizon’s Network segment saw a 14 percent rise in EBITDA to USD 930 million, while the... Type: Article Category: Markets & trade Melbourne port breaks grain export record 05 August 2024 major grains including wheat, barley, canola, cereals, and malted barley. Wheat led the exports shipped during FY24. From FY23 to FY24, the port saw a 5 percent increase in grain exports, solidifying grain as its top export commodity, constituting 30... Type: Article Category: Ports & handling Karachi port trust registers significant cargo growth 10 July 2024 of 31.4 percent, while liquid bulk cargo reached 11.4 million tons, indicating a moderate increase of 1.7 percent from FY23's figures. Export cargo handling particularly saw a remarkable upswing, closing at 18.8 million tons, a staggering 47.2 percent... Type: Article Category: Ports & handling Dalmia Bharat starts commercial production at Kadapa plant 04 July 2024 an investment of INR 207 crore. Despite a 10 percent growth in income from operations to INR 4,307 crore in Q4 FY24 over Q4 FY23, the company's consolidated net profit fell by 47.5 percent to INR 320 crore. The company's stock decreased by 0.43 percent,... Type: Article Category: Markets & Competition Haldia dock complex thrives with record cargo traffic 24 June 2024 fiscal by handling 49.54 million tons (MT) of cargo, marking a significant increase from its previous record of 48.608 MT in FY23. This success has been bolstered by the introduction of a volume-based rebate scheme aimed at enhancing dry bulk cargo... Type: Article Category: Markets & trade UltraTech becomes 5 times water-positive in FY24 04 June 2024 its premises and through community interventions. This represents an increase of over 20 million cubic meters compared to FY23. UltraTech's proactive approach to water conservation underscores its dedication to responsible resource management. By... Type: Article Category: Environment India: cement prices decrease in April 30 May 2024 contributed to the price correction in FY2024, following four years of price rises at a CAGR of 4 percent from FY20 to FY23. Cement volumes rose by 11 percent year-on-year in March 2024 to 41.7 million metric tons, and overall volumes in FY2024... Type: Article Category: Volume & Pricing APM Terminals Pipavav profit rises 27 May 2024 a consolidated net profit of INR 3,409.83 million for FY24, marking a 9 percent increase from INR 3,138.15 million in FY23, according to Manufacturing Today. The company's revenue for the year reached INR 9,884.29 million, an 8 percent rise from INR... Type: Article Category: Markets & trade APM Terminals Pipavav profit declines in Q4 23 May 2024 Terminals Pipavav reported a net profit of INR 342 crore, showing a growth of 9.21 percent compared to INR 313.14 crore in FY23. APM Terminals Pipavav serves as one of India’s prominent gateway ports, dry bulk cargoes, liquid bulk, and RoRo shipments.... Type: Article Category: Markets & trade Shree Cement's profits increase in Q4 FY24 16 May 2024 surge in standalone net profit to INR 2,468.44 crore, with revenue rising by 16.32 percent to INR 19,585.53 crore over FY23. The company's strategic expansion plans include the commissioning of its integrated cement plant in Guntur district, Andhra... Type: Article Category: Financial Decline in Indian coal imports 15 May 2024 plants have dropped by 32 percent in FY24, according to Hellenic Shipping News. The decline, from 35.10 million tons (MT) in FY23 to 23.92 MT in FY24, is largely due to the surge in domestic coal production, reaching 997.4 MT, marking an 11.67 percent... Type: Article Category: Markets & trade Adani ports aims for large cargo handling goal 14 May 2024 total cargo, witnessing a significant surge in total cargo volume by 24 percent to a record 419.9 million tons compared to FY23. In pursuit of this ambitious target, Adani Ports must vigorously pursue global expansion efforts, which include developing a... Type: Article Category: Ports & handling JK Cement registers profit increase in Q4 FY24 13 May 2024 jumping by 60 percent to INR 560 crore. EBITDA margin expanded to 18.5 percent in Q4 FY24 compared to 12.8 percent in Q4 FY23. JK Cement reported a commendable performance in both grey and white cement segments, with grey cement volume increasing by 13... Type: Article Category: Financial Myanmar cement production increases in FY23-24 06 May 2024 Domestic production meets growing construction needs (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Cement Network, Myanmar's cement industry is experiencing... Type: Article Category: Volume & Pricing Major ports experience growth in cargo volume 25 April 2024 ore, including pellets, experienced a remarkable increase of 32.68 percent, reaching 61.031 mt in FY24 from 45.997 mt in FY23. Similarly, raw fertilizer shipments rose by 13.56 percent to 9.406 mt, while coking coal and other coal movements grew by... Type: Article Category: Ports & handling Iran: cement and clinker exports reach 14 million tons during FY23 12 April 2024 The Secretary reported a gradual increase in exports, with 13 million tons exported in FY22, climbing to 14 million tons in FY23. The primary destinations for these exports include Iraq, Afghanistan, UAE, Pakistan, and Russia. Additionally, cement and... Type: Article Category: Markets & Competition Building materials giant secures major investment boost 10 April 2024 received additional capital investment to fuel growth, new market entry, and further merger and acquisition activities. With FY23 revenue surpassing GBP 650 million, IBMG's strategic partnership with Ares, Farallon, and founding sponsor Cairngorm... Type: Article Category: Construction Udaipur Cement works doubles production capacity 01 April 2024 UCWL reported a standalone net profit of INR 18.77 crore in Q3 FY24, significantly higher than INR 3.22 crore in Q3 FY23. Net sales reached INR 299.60 crore in Q3 FY23, marking a year-on-year growth of 25.8 percent. Despite these advancements, the... Type: Article Category: Volume & Pricing Cement capacity doubles 29 March 2024 Cement's bottom line, with Udaipur Cement Works already contributing over INR 50 crore at the profit before tax level for FY23. Looking ahead, despite potential disruptions during the election year, industry analysts foresee strong growth in the cement... Type: Article Category: Markets & Competition 1 2 3 Results 1 - 20 of 47 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? 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