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Cement and clinker market in Vietnam predicted to develop in 2021


Cement and clinker market in Vietnam predicted to develop in 2021
11:24 | 14/06/2021
Outlook for the domestic cement market is rather positive
Given weakened domestic demand and the rise in fuel costs, listed cement manufacturers recorded deteriorating average earnings before interest, taxes, depreciation and amortisation (EBITDA) from 17.0 per cent in 2019 to only 15.8 per cent in 2020.
Domestic cement consumption reached 62.1 million tonnes in 2020, declining by 5.6 per cent on-year due to a negative impact of COVID-19. By region, sales in the north and the south contracted by 8.2 and 6.5 per cent, respectively, while Central Vietnam recorded a slight increase by 1.8 per cent thanks to the rebuilding and reconstruction after the heavy storms in the summer 2020 and a boost in the construction of industrial parks. ....

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Adani Enterprises incorporates new subsidiary for cement business


Adani Enterprises incorporates new subsidiary for cement business
SECTIONS
Last Updated: Jun 14, 2021, 01:41 PM IST
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Synopsis
Adani Enterprises Ltd. incorporate a new subsidiary, Adani Cement Industries Limited that will deal in all the cement related businesses. It is yet to start its operations.
Reuters
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ACIL), to manufacture all types of cements.
In a filing to BSE, the company said it incorporated the wholly-owned subsidiary on June 11, 2021 and the subsidiary company yet to commence its business operations.
The new company will carry on business as manufacturers, producers, processors of all types of cements.
ACIL is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on 11th June, 2021, and is yet to commence its business operations. ACIL has an authorised share capital of Rs 10 lakh and a paid-up share capital of Rs 5 lakh, Adani Enterprises said. ....

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Construction initiatives boost cement sales by 49.86pc

LAHORE: Initiatives for the construction industry boosted cement sales by 49.86 percent in May 2021 with total dispatches recorded at 3.947 million tonnes compared to 2.634 million tonnes in the. ....

Pakistan Cement Manufacturers Association On , All Pakistan Cement Manufacturers Association , அனைத்தும் பாக்கிஸ்தான் சிமென்ட் உற்பத்தியாளர்கள் சங்கம் ,