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UltraTech Cement receives approval for mining projectUltraTech Cement has received approval for its limestone mining project in Bhavnagar, Gujarat. The company plans to invest INR600m (US$9.4m) to mine a 632ha area, with a production capacity of 2.0...News - 01 February 2018 |
Dalmia Bharat ready to acquire Kalyanpur CementDalmia Bharat is set to acquire bankrupt Kalyanpur Cement after lenders have approved a debt resolution plan, reports the Economic Times. Dalmia outbid other companies like JSW Cement, JK Lakshmi ...News - 30 January 2018 |
Orient Cement reports 12% increase in revenueOrient Cement has seen a 12.1 per cent increase in revenue in the quarter ended December 2017, according to Money Control. The revenue rose to INR5.11bn (US$80.37m) from INR4.56bn seen in the year...News - 30 January 2018 |
Cement producers change clinker import routeCement plants in the Bara-Parsa Industrial Corridor, Nepal, have started importing clinker from Narayanpur railway station in India after residents in Raxaul barred the transport of clinker citing...News - 30 January 2018 |
ACC launches new cementNeeraj Akhoury, CEO, ACC Ltd, launched the company’s new F2R Superfast cement on Tuesday, according to the Business Standard. The product is the latest addition to the F2R range, designed to me...News - 26 January 2018 |
Pakistan exports fall 16% in 1HFY18The volume of cement exports from Pakistan fell by 16.04 per cent YoY in the first half of the current financial year (July-Dec 2017). Data released by the Federal Bureau of Statistics shows that ...News - 25 January 2018 |
Reliance awarded 468ha of Yavatmal forest for new cement plantIndia’s Maharashtra government has given the green light to the diversion of 467.5ha of reserved forest land for the construction of a cement plant in Zari Jamni, Yavatmal district. Reliance C...News - 25 January 2018 |
Ambuja Cement co-processes 12,500t of biomass at Rabriyawas worksLafargeHolcim-owned Ambuja Cement has co-processed more than 12,500t of biomass from farmers at its Rabriyawas plant in 2017, a considerable increase when compared with less than 800t in 2012. ...News - 22 January 2018 |
India becomes second-largest market for Pakistani cement exportersPakistan’s cement exports to India grew by 26.3 per cent in FY17. Since beginning in 2010, India has become the second-largest market for cement exporters, with a 27 per cent share of the total ex...News - 22 January 2018 |
Shree breaks into its first international marketThis week, Shree Cement made a bold move to buy a 93 per cent stake in Union Cement Co PSC (UCC) for an enterprise value of US$305.24m. It is a major transaction for the Indian company and sets ...News - 19 January 2018 |