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Improving outlook for Indian producer profitabilityRecent price hikes undertaken by cement manufacturers in India are expected to aid margin growth in the FY22, according to projections by brokerage house CLSA. Local producers have implemented co...News - 29 June 2021 |
Panyam Cement prepares to restart operationsIndia’s Panyam Cement, based in Andhra Pradesh, has received approval from the National Company Law Tribunal (NCLT) to begin operations once more. The NCLT approved the resolution plan for the d...News - 28 June 2021 |
thyssenkrupp Industrial Solutions India appoints a new CEORajesh Kamath will head thyssenkrupp Industrial Solutions India, the plant engineering group company of thyssenkrupp Industrial Solutions AG (BU Uhde) in India. Kamath takes over the rein...News - 25 June 2021 |
NCL Industries announces expansion plansIndia’s NCL Industries has announced an INR3bn (US$40.4m) expansion and modernisation plan to boost its total cement capacity to 3.6Mta by 2022. The project includes setting up a 0.66Mta grinding...News - 24 June 2021 |
Geocycle India to process plastic waste from river clean-upACC and Ambuja Cement’s waste management subsidiary, Geocycle India, will be joining Rekart Innovations in removing plastic waste from the Jojari riverbed in Pipar, Jodphur, Rajasthan. The first ...News - 22 June 2021 |
JSW Concrete is established in Mumbai with its first unitJSW Cement, a part of US$12bnn JSW Group, has announced its entry into ready-mix concrete business under the brand name 'JSW Concrete'. It has set up its first production unit in Chembur, Mum...News - 22 June 2021 |
India: further challenges aheadIndia’s cement demand declined by less than initially anticipated in 2020 and producer profitability was supported by a better-than-expected economic recovery, stable cement prices and greater cos...Articles - 15 June 2021 |
Cement prices rise in Tamil NaduCement prices in India’s state of Tamil Nadu have reportedly climbed over the past few months. Builders in the state have claimed a 13 per cent price hike from INR460 (US$6.27)/bag in May to INR52...News - 15 June 2021 |
Nuvoco Vistas Corp launch CorroSafeNuvoco Vistas Corp Ltd has launched Concreto CorroSafe, which is a corrosion-resistant concrete that extends the life of buildings. The advanced concrete mix design is reinforced with corrosion-re...News - 15 June 2021 |
JK Cement reports 39% rise in revenueIndia’s JK Cement has reported a standalone net profit of INR633.4m (US$8.65m) for the quarter ending 31 March 2021, compared to INR2.3m in the year-ago period. Net revenue also advanced 38.9 per ...News - 14 June 2021 |