Cement News tagged under: CMA
India's CMA welcomes Interim Budget 2024-2507 February 2024, Published under Cement NewsIndia’s cement producers have applauded the country’s government for its sustained focus on infrastructure development in its latest Interim Budget 2024-25. Under the budget plan, investment in infrastructure will increase by 11.1 per cent YoY in 2024-25, equivalent to 3.4 per cent of GDP. Three major economic railway corridor programmes, namely the energy, mineral and cement corridor, as well as the port connectivity corridor and high traffic density corridor, are to be implemented t... |
India's CMA appoints new president19 July 2023, Published under Cement NewsIndia’s Cement Manufacturers’ Association (CMA) has appointed Neeraj Akhoury, managing director at Shree Cement Ltd , as its new president, and Parth Jindal, managing director of JSW Cement Ltd , as its vice-president. Mr Akhoury brings with him more than 30 years of experience in the steel and cement industries, having worked in various leadership roles in India and other emerging markets. "As a future direction, the Indian cement industry would like to reiterate its commitment to bein... |
CMA highlights positive sector prospects and continued sustainability drive26 June 2020, Published under Cement NewsIndia’s cement industry is providing self-sufficiency and is well-placed to cater to the existing and future demand of cement, according to Marendra Singhi, CMA president, in the opening session of Green Cementech’s 2020 virtual conference on 24-26 June. He highlighted the considerable growth prospects of the country’s cement sector in view of the country’s need for infrastructure and housing programmes. In terms of the sector’s sustainability, Mr Singhi emphasised that the country operate... |
CMA receives award for reducing single-use plastic campaign21 November 2019, Published under Cement NewsThe Cement Manufacturers Association (CMA) atteneded at an event organised by the Department of Drinking Water and Sanitation, Government of India, on 19 November 2019, in New Delhi where an award was presented to Mahendra Singhi, President, CMA and Aparna Dutt Sharma, Secretary General, CMA, by the Ministry of Jal Shakti. In his Independence Day speech on 15 August 2019, the Prime Minister spoke of the need to reduce single use plastic in the country. Subsequently, the Ministry of Jal Sh... |
CMA commits to waste management01 October 2019, Published under Cement NewsIndia's Cement Manufacturers Association (CMA) has expressed its commitment towards disposal of wastes and plastics and use of alternative fuels and raw materials. Addressing the 'CONSERVE 2019' conference on alternative fuel and raw materials in the cement industry, CMA President, Mahendra Singhi, said: "The Indian cement industry has been able to use almost 75Mt of waste as a replacement of raw materials and fuels." Industry veterans present at the conference said that the cement manufac... |
CMA hold meeting with Singareni Collieries Co Ltd15 August 2019, Published under Cement NewsIndia's Cement Manufacturers Association (CMA) has held a constructive interaction with Singareni Collieries Co Ltd (SCCL). The meeting organised by the CMA with the senior officials of SCCL in Hyderabad saw a commitment on both sides to work towards improving offtake of coal by the cement industry. CMA felt extremely reassured by the positive response received from Dr J Allwyn, executive director (Coal Movement), SCCL and N V Rajasekhar Rao, deputy general manager (Marketing), SCCL. The s... |
CMA agrees wage pact with unions30 January 2019, Published under Cement NewsMembers of the Cement Manufacturers' Association (CMA) of India and the federation of major trade unions have signed a Memorandum of Understanding (MoU) for a wage pact that could raise gross pay, dearness allowance and service weightage. Some 21 cement companies in India accounting for 60 per cent of the cement capacity authorised the CMA to negotiate with the trade unions on their behalf. The current MoU from 1 April 2018 -31 March 2022 allows INR5000/month (US$70.22) gross pay of cement ... |
Indian cement industry commits to a low-carbon future14 January 2019, Published under Cement NewsA summit for the Indian cement industry, “Concreatech 2018 – Sustain to Gain”, was held at the ITC Maurya, New Delhi, on 29 November 2018. Organised by the Cement Manufacturers’ Association (CMA), industry leaders and over 400 delegates met to discuss the cement sector’s role in national development and commitment to low-carbon industrial development. Shri Hardeep Singh Puri, Minister of State of Housing and Urban Affairs, delivers the conference’s keynote address The Indian cem... |
Breedon to find remedies with CMA to conclude Tarmac quarry deals26 April 2018, Published under Cement NewsBreedon Group Plc's proposed phase 1 acquisition of certain assets from Tarmac, in exchange for a number of ready-mixed concrete plants and a cash payment, as announced on 13 December 2017 has been reviewed by the Competition and Markets Authority (CMA). The CMA has cleared Breedon's acquisition of four quarries from Tarmac but has concluded that there is a realistic prospect of a substantial lessening of competition in three local areas in England and Wales in relation to the supply of r... |
CMA launches Breedon and Tarmac asset swap enquiry01 March 2018, Published under Cement NewsThe Competition & Markets Authority (CMA) has launched Phase 1 of a merger inquiry into the anticipated acquisition by Tarmac of certain assets of Breedon Group. The initial period of the CMA’s merger inquiry began on 28 February, with the deadline for a decision on whether to refer the merger for a Phase 2 investigation currently scheduled for 26 April 2018. In a statement issued on 1 February, the CMA explained that it was "considering whether it is or may be the case that this transact... |