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India: JSW Cement to go public by FY19Parth Jindal, managing director of JSW Cement, has told the Deccan Herald newspaper that his company will issue its first public shares when it reaches 20Mta capacity. “We will go for IPO once ...News - 20 October 2016 |
DangoteDangote’s lawsuit against Ibeto Cement Co has been adjourned to 1 November 2016 pending a decision by the Court of Appeal on the matter. Dangote is claiming that Ibeto is enjoying an undue advanta...Corporate - 19 October 2016 |
India: UltraTech cement profits up 25%UltraTech Cement reported that for the quarter ending 30 September its profits rose 25.27 per cent YoY. A consolidated net profit of INR6.14bn (US$92.1m) was announced for the July-September 2016 ...News - 18 October 2016 |
Dangote Asian expansion?According to a Ghanaian news source, Dangote Cement is hoping to expand into the Asian market over the next decade. It is reported that the company plans to launch in southeast Asia and Latin Amer...News - 18 October 2016 |
India: JSW Cement capacity expansion by 2020JSW Cement announced plans to expand its production capacity to 30Mta by 2020. According to Director and CEO of JSW Cement, Anil Kumar Pillai, an investment of INR27bn (US$404.3m) has been allocat...News - 17 October 2016 |
J K Cement: Indian cement demand to grow 7% in FY17, 8% in FY18J K Cement expects the government’s infrastructure push to drive cement demand in India in the next two years. “We expect demand to hit seven per cent in FY17 and eight percent in FY18,” said t...News - 14 October 2016 |
India: OCL in talks to buy Shiva Cement's Orissa plantShiva Cement is in talks with OCL India among others to sell its integrated cement plant in Orissa, according to the Financial Express. Shiva Cement shares surged as much as 15.68 per cent and h...News - 13 October 2016 |
India: Sagar Cement reviews expansion plansSagar Cement is reportedly convening a meeting of its Board of Directors on 19 October. The meeting will address proposals for setting up a coal-based power plant at the company’s unit in Mattampa...News - 13 October 2016 |
India: Orient Cement will increase debt with acquisitionThe interest burden of Orient Cement is expected to increase following the acquisition of the cement assets of Jaiprakash Associates, valued at INR19.5bn (US$291.48m). The acquisition will, howeve...News - 11 October 2016 |
Visible cracksOver the last 18 months CDP has analysed sectors ranging from electric utilities and automotive manufacturing to extractives and has benchmarked how leading players manage climate risks and opport...Articles - 10 October 2016 |