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Improving outlook for Indian producer profitability

Recent 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 operations

India’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 CEO

Rajesh 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 plans

India’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-up

ACC 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 unit

JSW 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 ahead

India’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 Nadu

Cement 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 CorroSafe

Nuvoco 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 revenue

India’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