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Investing, improving and incidents

This month is a round-up of global port news, beginning in India. Penna Cement has begun operations at its terminal and bagging plant at Cochin Port, Kerala. Marking an investment of US$8m, the te...
News - 06 December 2018

India Cements to acquire Springway Mining

India Cements has entered into a share purchase agreement to acquire the entire shareholding of Springway Mining in a phased manner. On 3 December 2018 the company purchased the controlling stak...
News - 05 December 2018

Votorantim

The Votorantim Cimentos nine-month turnover improved by 20.2 per cent to BRL3787.9m (US$985.9m). The trading profit jumped from BRL149.4m to BRL560.9m. The net interest charge declined by 43.3 per...
Corporate - 04 December 2018

CRH

In its autumn trading statement, CRH said that its underlying turnover in the first nine months improved by one per cent in Europe, by four per cent in the Americas and by three per cent in Asia, ...
Corporate - 04 December 2018

HeidelbergCement

HeidelbergCement’s turnover improved by 7.4 per cent to EUR13.375m (US$15.2m), with the third quarter rise being 9.9 per cent to EUR4943m. EBITDA were off by 1.6 per cent to EUR2,227m but improved...
Corporate - 04 December 2018

Raysut Cement to acquire stakes in Indian cement producers in 1Q19

Raysut Cement of Oman plans to invest US$700m in the Indian cement market by 2022. The cement producer intends for approximately US$200m of this total to be invested in acquiring majority stakes i...
News - 04 December 2018

Emami Cement improves power supply

Emami Cement Ltd at Kalinga Nagar Industrial Area in the Indian state of Odisha has improved its power supply following its connection to the inter-state 400/220kV New Duburi grid of Odisha Power ...
News - 03 December 2018

Dalmia produces new modified cement in Tamil Nadu

India-based Dalmia Bharat Cement has developed a new, chemically-modified cement for infrastructure projects. “We have come out with engineered cement, chemically modified and targeted at high p...
News - 03 December 2018

Cement leaders meet in Delhi for industry summit

Industry leaders met in New Delhi yesterday for 'Concreatech 2018 – Sustain to Gain', a summit organised by the Cement Manufacturers' Association (CMA), to discuss the cement sector's role in nati...
News - 30 November 2018

Mission accomplished

Last year saw the successful completion of ACC’s new 9000tpd clinker line at its Jamul works in India, expanding capacity at the plant by 3Mta. With stringent design criteria and timelines, main s...
Articles - 28 November 2018