Cement News tagged under: Dalmia

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OCL India 2Q net profit up 154% to INR860m

27 October 2016, Published under Cement News

OCL India Ltd reported a 154 per cent surge in in net profit to INR857.1m from INR336.9m for the quarter ended 30 September 2016 as the company derived a higher income from operations. The total income from operations of the Dalmia Group company increased to INR7.192bn from INR6.138bn in the year-ago period. The total expenses increased to INR6,164bn over INR5.72bn in the corresponding quarter previous fiscal.

India: calls to assist cement plants in energy conservation

04 October 2016, Published under Cement News

Executive director of Dalmia Cement, R A Krishnakumar, has called for a special package of concessions, particularly in taxes, for cement factories in an attempt to encourage them to adopt energy conservation measures. Mr Krishnakumar said at the second ‘Energy efficiency technologies in cement and manufacturing sector’ conference organised by the Confederation of Indian Industry that there had been a marked improvement in the cement industry bringing in efficiency measures through the ad...

CRH and Dalmia expected to bid for Jaiprakash assets

04 February 2016, Published under Cement News

CRH and India's Dalmia Cement are likely to submit separate bids next month for the cement business of Indian infrastructure builder Jaiprakash Associates, two sources with direct knowledge told Reuters. The deal is likely to be worth about US$3bn, which is the total debt linked to the cement business, the sources said, adding that binding bids were due next month. Others possible bidders include the Indian unit of HeidelbergCement, Ultratech Cement Ltd and two private equity firms, one of ...

Dalmia's Belgaum plant set to lift group capacity to over 20Mta

03 March 2014, Published under Cement News

Dalmia Cement Bharat is set to commission its greenfield cement works in Belgaum, Karnataka, in five months, taking total group capacity to over 20Mta. The 2.5Mta plant, situated in Yadwad village, Gokak taluk, will cater to the Karnataka region, Business Line India, reports. “The new plant when commissioned will augment our overall manufacturing capabilities, and expand our annual production capacity from 17Mta to 21.8Mta,” the company said. To build the Belgaum plant, Dalmia Cement ha...