UltraTech Cement's Stock Underperforms Compared to Competitors UltraTech Cement Ltd. closed 670.30 rupees below its 52-week high of 10,522.65 rupees on Tuesday, underperforming compared to some of its competitors.
Yamama Cement's 2023 Profit Decreases by 14.5% Year-on-Year Yamama Cement Company reported a 14.49% year-on-year decrease in net profit to SAR 304.25 million in 2023 from SAR 355.79 million.
Ciments du Maroc and Heidelberg Materials Launch evoBuild® for Sustainable Construction Heidelberg Materials and its subsidiary Ciments du Maroc announce the launch of evoBuild®, a new brand for sustainable construction materials, following the global introduction of evoZero®, the first zero-net-carbon cement through carbon sequestration.
India's coal imports increased in December India's coal imports in December 2023 increased compared to the same period in the previous year.
Gamma Civic Ltd and Cemindo Gemilang Acquire Cementis Madagascar, Launching Alpha Ciment S.A In a significant move within the construction materials sector, Gamma Civic Ltd, in collaboration with Indonesian partner Cemindo Gemilang, has acquired Cementis Madagascar, marking a new era for the cement industry in Madagascar with the establishment of Alpha Ciment S.A.
CIMAF to Build a Cement Factory in Mali Ciments de l’Afrique (CIMAF) is expanding its presence in Mali with the construction of a new cement production unit in Natien, Sikasso region, marking a significant step for the Moroccan cement manufacturer.
South Korea: Hanil Cement's Operating Profit Soars by 109% in the Last Year Hanil Cement reports a significant increase in its annual operating profit, with a 109% rise to 246.6 billion won, attributed to price hikes and cost reduction efforts.