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India: Jaypee vice chairman and director resignsJaiprakash Associates Ltd (JAL) said its vice chairman, Sarat Kumar Jain, has resigned from the Group. Jain had been associated with the Jaypee Group for over 50 years. "He is presently 78 years...News - 08 June 2016 |
India: Prism Cement acquires stake in BLA PowerPrism Cement has agreed to acquire 15.23 per cent equity stake for approximately INR210m (US$3.14m) in BLA Power, which is in the sole business of generating thermal power. The company will ente...News - 07 June 2016 |
India: Kanodia Cement plans Bihar grinding unitKanodia Cement plans to set up a cement grinding unit with a capacity of 1.2Mta in Kuradi village, Durgawati, in Bhabhua district of Bihar. The estimated cost of the project is INR2000m (US$...News - 07 June 2016 |
India: UltraTech commissions Pataliputra plantUltraTech Cement has commissioned its 15th cement grinding unit at Pataliputra cement works, Maksudpur Pargana, dist. Patna, Bihar in 1Q16. The unit will cater to the markets of Eastern India. ...News - 06 June 2016 |
India: Ambuja Cement to expand Rupnagar grinding plantAmbuja Cement has announced that it plans to upgrade the capacity of its grinding plant in Rupnagar in Punjab by 0.9Mta, taking its output to 3.4Mta. The project, which is estimated to cost jus...News - 06 June 2016 |
India: Talavadi Cement plans new plantTalavadi Cements, a subsidiary of Birla Corporation, is planning an integrated cement plant at Bari village, district, Satna, Madhya Pradesh. The plant will manufacture 2Mta of clinker and 3Mta...News - 06 June 2016 |
HeidelbergCementHeidelbergCement's first-quarter turnover was virtually unchanged (-0.1 per cent) at EUR2835.3m while EBITDA improved by 7.2 per cent to EUR320.9m and the trading profit rose by 19.9 per cent to ...Corporate - 02 June 2016 |
VotorantimVotorantim saw its first quarter turnover decline by 5.9 per cent to BRL6718m (EUR1672m) while the EBITA dropped by 39.8 per cent to BRL845m (EUR210m). The trading profit fell by 42.6 per cent to ...Corporate - 02 June 2016 |
Pakistan cement exports 5Mt in FY15-16During first 10 months of the current FY15-16, the Pakistan cement industry exported 5.05Mt of cement and earned export revenue of US$274.34m compared to 6.64Mt at US$382.39m in July 2014-April 20...News - 02 June 2016 |
India: Five bidders still in running for LafargeThe Financial Express reports that Lafarge India has reduced the number of bidders vying to acquire its assets to a shortlist of five: Cemex, Anhui Conch Cement, JSW Cement, Piramal Enterprises an...News - 01 June 2016 |