Market valuations of cement companies in India are on the higher side, based on the enterprise value (EV) per tonne. The top four Indian cement companies are valued at US$150 and above, analysts say.
The Indian cement industry could witness an investment of around Rs 20,000 crore over the next one and a half years, as cement companies are adding capacities to meet huge demand in the world’s
Prominent figures urged local investors to purchase Mexico-based Cemex Asia Holdings’ 25.53 per cent stake in the country’s largest cement producer, PT Semen Gresik (SG), to avoid foreign
An inquiry into the sale of 145 acres of State land near Blessington, Co Wicklow, began at the tribunal yesterday. The Glen Ding woodland, containing sand and gravel deposits, was sold to Cement Roads
India’s largest cement maker Grasim Industries, along with its subsidiary UltraTech Cement, is planning to invest around Rs 6,000 crore to increase the total cement capacity of the company to 40Mt by
Indonesia’s PT Semen Gresik expects 2006 net profit to increase by up to 20% on year because of higher sales, its president said Friday.
Grasim said that cement prices will no longer ride north but stabilise at the present levels. “Going forward, I see the cement prices remaining at the present levels. Whatever hike in prices had to ha
Cemex has reportedly set its sights set on new business in four of the world’s largest nations – China, India, Russia and Brazil.
Lafarge announces that it is doubling its grey cement production capacity in Mexico with the inauguration of a state-of-the-art ceme
Agreement was reached between the Turkish Çimse-Iş Union and the Cement Producers� Employers Union (CMIS) at the collective bargaining me
Anhui Conch Cement Co said Wednesday it is aiming for an increase in cement sales of around 23% this year, despite China’s moves to curb cement production as part of efforts to cool overheated s
Siam Cement Plc, the country’s largest producer, expects domestic demand for cement to fall next year due to the government’s mega-
The Moscow Arbitration Court has scheduled for May 16 the preliminary hearings of a RUB 3.35bn lawsuit filed by US-based investment fund Russia Partners against Russia’s Eurocement Group, an off
Steep hike in the prices of construction material, especially of cement, has served a serious setback to the construction industry in Kerala. During the last couple of months, the price of cement has
Mexico’s Grupo Cementos de Chihuahua (GCC) announced the acquisition of 100% of the share capital of The Hardesty Company, Inc, doing business as Mid-Continent Concrete Company, and Alliance
The Cement Corporation of India Employees’ Union (CCIEU) has asked Chief Minister Y.S. Rajasekhara Reddy to take steps to revive the closed unit. "The Chief Minister out to protect the public se