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ACC and Ambuja place merger on hold

ACC Ltd and Ambuja Cements Ltd have placed their proposed merger on hold due to constraints related to the transfer of mines under current laws, reports the Hindustan Times.  "The current regim...
News - 27 February 2018

Duraton Cement distributes its first cement

Asian Fine Cements Ltd has has launched its own flagship brand, Duraton Cement, having invested in a 1.5Mta greenfield cement plant in Rajpura, Punjab, India. Duraton Cement dispatched its firs...
News - 27 February 2018

Birla Corp to increase availability of premium product

Birla Corp is planning to roll-out its premium-brand product, Perfect, across all regions of India apart from the South. The cement is manufactured at Reliance Cement Company’s Maihar plant, which...
News - 27 February 2018

Pakistan exports fall in 7MFY17-18

Pakistani cement exports during the first seven months of current financial year, July 2017-January 2018, recorded a fall of 15.4 per cent in volume and 18.7 per cent by value in dollars, says...
News - 23 February 2018

Plans for new Jajpur plant result in protests

Ramco Cement Ltd’s plans to establish a new cement plant in Jajpur district, Odisha, India, have resulted in 1500 local villagers organising a protest. The villagers demanded that the project be s...
News - 23 February 2018

UltraTech Cement

UltraTech is investing INR600m (US$9.4m) in a new limestone mining project in Bhavnagar district, Gujarat, India. The project, which received the go-ahead from the Environment Ministry earlier thi...
Corporate - 22 February 2018

LafargeHolcim's Ambuja Cement to build new 3.1Mta Rajasthan plant

LafargeHolcim will strengthen its presence in India with the construction of a new cement plant in Marwar Mundawa, in the state of Rajasthan. The CHF200m (US$213.4m) investment will serve customer...
News - 21 February 2018

Ambuja Cements Ltd posts 89% leap in 4Q17 profits

Ambuja Cements Ltd (LafargeHolcim Group) has reported an 89 per cent jump in quarterly profit, helped by higher cement sales volume. Stand-alone profit rose to INR3.38bn (US$52.2m) in the fourth...
News - 21 February 2018

HeidelbergCement announces 4Q17 and FY17 preliminary results

HeidelbergCement's preliminary results for the 2017 financial year highlighted a significant rise for cement and clinker sales volumes, due to consolidation, increasing by 22 per cent to 126Mt, co...
News - 20 February 2018

Vicat's 2017 profits lower at pretax, but higher at net level

Vicat's turnover improved by 4.5 per cent in 2017 to EUR2563.5m while EBITDA eased by three per cent to EUR444.2m, while at unchanged exchange rates and other parameters the changes would have bee...
News - 20 February 2018