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Birla to set up plant in Assam, India

Birla Corporation Limited, the flagship company of the MP Birla Group, Thursday signed a pact with the Assam Mineral ...

Pollution Control Board reverses ACC decision

ACC has resumed production on Tuesday at its old plant, which had been closed down recently following directives from...

JP Morgan upgrades Anhui Conch

JPMorgan upgrades Anhui Conch of China to Overweight from Neutral after the company issued a profit alert earlier thi...

Lafarge India outlines plans for new plant

Lafarge India Eastern, which is a wholly owned arm of Lafarge India, has chalked out an ambitious plan to set up a 1....

Vietnam demand forecast to rise to 56Mt

Vietnam is forecast to use 56Mt of cement in 2011, up nine per cent from a year earlier.

Binani to set up Greenfield plant in Gujarat

Binani Cement Limited has signed a memorandum of understanding (MoU) with Gujarat State Government to set up a greenf...

Credit Suisse hikes Swiss Holcim’s price target

Credit Suisse increased today the share price target on Holcim to CHF 64 (EUR49.9) from CHF58 but did not change the ...

Saudi Cement sales rise 13%

Cement sales in Saudi Arabia rose 13% last year, as the emergence of residential, commercial and

Ancap to increase production by 50%, Uruguay

Uruguay’s state oil company Ancap will invest US$70m during 2011 to reach cement production of 1Mta

Gresik upgrades strategies and boosts production

As part of its preparation for the increased demand, Indonesia’s Semen Gresik has upgraded its sales and market...

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