Heidelberg Expands in Indian Cement Market

2006-12-06 00:00:00

     German cement giant Heidelberg Cement is tightening its grip on the Indian cement market. Heidelberg took a controlling stake in Mysore Cement in July. Recently, Heidelberg acquired two grinding stations in Kerala.
     Heidelberg Cement officials in India did not comment on the acquisition. "Although these mills are small in size, they help Heidelberg to consolidate its position in the southern Indian market," the market analyst said. This is a strategic behavior of Heidelberg Company. At present, the price of cement in Kerala is higher than in other parts of southern India, with an average of 5 to 7 Indian lira ( $0.11 to $0.15) per package.
     India has become a country with rapid economic development after China, and the demand for construction in society is also increasing. International building materials giants such as Holcim, Heidelberg and Lafarge have already set up cement companies in India. Analysts believe that India's cement production will continue to grow at a rate of 8-10% until 2010. < BR > (Please indicate the source for reprinting on China Cement Net)

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Correlation

Heidelberg Expands in Indian Cement Market

2006-12-06 00:00:00

CEMPI

102.52

+0.29 +0.28%

CONCPI

86.76

+0.11 +0.13%

CLKPI

105.87

+0.60 +0.57%

SPPI

42.11

+0.13 +0.31%

MORPI

71.86

+0.03 +0.04%

The net profit of Sanhe Pipe Pile in the first three quarters was 2.6621 million yuan, a decrease of 96.69% compared with the same period last year.

On October 23, Sanhe Pipe Pile (003037.SZ) released the third quarter report of 2026. In the first three quarters, the company realized operating income of 4.162 billion yuan, a year-on-year decrease of 7.17%; net profit attributable to parent company of 2.6621 million yuan, a year-on-year decrease of 96.69%; The net loss deducted from non-attributable parent was 12.8431 million yuan, and the basic earnings per share was 0.0045 yuan.