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India: Jaypee Group still needs to reduce its debt levelFor the promoters of Jaypee group, the aggressive expansion during the last decade has cost them dearly. The Delhi-based group had to sell profitable assets to remain afloat even as banks, alarmed...News - 21 June 2016 |
India: Loesche mill ordered for Sri Balaha ChemicalsSri Balaha Chemicals Pvt Ltd has placed an order for a vertical roller mill designed by Loesche for its Hindupur grinding plant at Andhra Pradesh, India. The mill designed for grinding granulated ...News - 20 June 2016 |
SE Asia towards oversupply?The southeast Asian cement market has seen rapid demand growth in recent years. Backed by favourable macroeconomic trends, it is likely to remain one of the fastest-growing cement markets. Many ce...Articles - 20 June 2016 |
India: KCP plans to double capacity at Muktyala plantSpeaking in an interview on CNBC-TV18, GN Murty, CFO of KCP has set out his company’s plans to expand its Muktyala integrated plant from 1.8Mta to 3.5Mta at a cost of INR4bn (US$60m). The new u...News - 15 June 2016 |
India: Parth Jindal appointed MD of JSW CementParth Jindal, son of the chairman of the JSW Group, has been appointed as managing director of its cement business, JSW Cement, the Hindu’s Business Line reports. He will take up his appointmen...News - 15 June 2016 |
LafargeHolcim plans further asset salesIt has been revealed that LafargeHolcim is under pressure to find further synergies for the newly-formed cement major. LafargeHolcim was created by a EUR41bn merger last year but is stepping up it...News - 13 June 2016 |
Indian producers line up for LafargeHolcim's Sri Lankan operationsA shortlist of potential buyers in the sale of LafargeHolcim's Sri Lankan operations have been named as Dalmia Bharat, Shree Cements along with Ramco after an initial round of screening. The globa...News - 10 June 2016 |
India: cement volume growthVolume growth in the Indian cement market increased by 12-18 per cent in the quarter ending March 2016 compared to the 4.7 per cent drop seen in the corresponding quarter last year. This level of ...News - 09 June 2016 |
A new dragon risesIt has been a protracted project to finally establish a commercially-viable 1.36Mta capacity cement plant in Bhutan. The development of Dungsam Cement was hit by several setbacks, but today it is ...Articles - 08 June 2016 |
Pakistan: cement dispatches rise 10.6% YoY in year to May 2016Cement dispatches in Pakistan totalled 35.5Mt in the period July 2015 to May 2016, up 10.55 per cent on the corresponding period of last fiscal year, the All Pakistan Cement Manufacturers Associat...News - 08 June 2016 |