Items filtered by date: Friday, 08 November 2024

Japan: Asahi Concrete Works raised its sales by 1% year-on-year from US$21.4m in the first half of 2023 to US$21.6m in the first half of 2024. This helped its net profit to grow by 22%, from US$1.50m to US$1.83m.

India: Environmental organisation Earth NGO has filed a public interest litigation petition for the closure of ready-mix concrete plants operated by Dev Infra, JSW Green Cement and Shri Lalit Nagpal in Mumbai’s Chembur and Govandi suburbs. The Free Press Journal newspaper has reported that Earth NGO alleges that the plants are failing to comply with air pollution rules, including by being situated close to residential buildings and a hospital.

The Maharashtra Pollution Control Board previously closed down one of the plants temporarily following protests in 2023. This reportedly led to a decline in pollution levels.

UAE: Fujairah Building Industries’ sales rose by 14% year-on-year to US$40.4m in the first nine months of 2024, from US$35.4m in the corresponding period of 2023. As a result, the producer grew its net profit by 39%, from US$3.31m to US$4.61m.