China approved four coal mines in a single day on Tuesday as part of its effort to boost its ailing economy, with the combined output capacity equal to the United Kingdom’s entire coal consumption for 18 months. The four projects in the north of the country, two in inner Mongolia and one each in Xinjiang […]
Spain: Cementos Molins’ turnover fell by 8.9% year-on-year to Euro588m in 2018 from Euro646m. It blamed the falling sales on currency depreciation in Argentina and a decrease in sales in Mexico. Its net income decreased by 4.2% to Euro85.3m from Euro89.1m. Its cement sales volumes rose by 7.5% to 6.05Mt from 5.6Mt but its concrete
Cementos Molins suffers from markets in Latin America in 2018 Read More »
Domestic cement demand is expected to register a modest growth of 6-8 percent in fiscal 2020 mainly driven by the diminishing base effect, increased thrust on infrastructure by the Central government and the affordable housing segment, the report said. Maintaining a stable outlook for the sector, India Ratings report said that cement manufacturers are poised
Domestic cement sector to see modest growth in FY20: India Ratings- Read More »
