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Northern India prices rebound as demand strengthensCement prices in northern India have risen by around 25 per cent YoY in the period April-July 2016, driven by rising demand, according to the Economic Times. This performance stands in contrast...News - 30 August 2016 |
India Cements to develop Coromandel limestoneIndia Cements has proposed the development of the Coromandel limestone mine in Chilamkur and Kalamalla, Mandal Yerraguntla, Andhra Pradesh. The project represents an investment of INR1650m (US$24....News - 26 August 2016 |
CRH more than doubles EBITDA to EUR1.12bn in 1H16CRH plc announces that its 1H16 sales increased by 35 per cent to EUR12.7bn and EBITDA more than doubled on the same period a year ago to EUR1.12bn. Building material sales rose on a proforma basi...News - 25 August 2016 |
From coal to petcoke grindingWhen ACC decided to replace coal with petcoke as the main fuel for its kilns at the Gagal works, the vertical E-mills required a high power input as they ran for extended periods. To reduce grindi...Articles - 24 August 2016 |
India: Assam property developers concerned over cement price riseThe Assam Real Estate and Infrastructure Developers Association (Areida) has said that a proposed rise in cement prices is “unreasonable”, the Times of India reports. Following intervention by ...News - 24 August 2016 |
Birla completes acquisition of Reliance CementBirla Corporation announced that is has completed the acquisition of Reliance Infrastructure subsidiary, Reliance Cement. The deal was valued at about INR48bn (US$715.6m). Reliance Cement becomes ...News - 23 August 2016 |
Kenya: dispute over stalled cement plantLocal politicians in Kenya’s West Pokot county have clashed over delays which have seen the construction of a proposed cement plant make little progress for years, the Daily Nation reports. Des...News - 22 August 2016 |
India Cements: 1Q16 EBITDA edges up to INR2.05bnIndia Cements saw its net sales slip to INR12.02bn in April-June 2016 from INR12.12bn in the corresponding period of the previous year. The company's EBITDA for the quarter rose to INR2.05bn from ...News - 19 August 2016 |
Nepal: higher-grade cements to be certified soonTo date Nepal has been unable to certify cement produced in the country that is higher than grade 33, but as the Nepal Bureau of Standards and Metrology (NBSM) is preparing to certify grades 43 an...News - 19 August 2016 |
India: 10 Gebr Pfeiffer mills for Shree CementKolkata-based Shree Cement, one of Gebr Pfeiffer’s best customers, has placed an order for 10 mills. This deal will support the Shree Cement’s continuing expansion strategy, which aims to distribu...News - 18 August 2016 |