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Indian cement prices rise 1% in March

Indian cement prices rose MoM in March to INR290-295 (US$4.37-4.44)/bag as demand led by construction activity in north and central India improved slightly, acording to Cogencis Information Servic...
News - 05 April 2016

Vicat

Vicat’s turnover improved by 1.5 per cent in 2015 to EUR2457.9m and EBITDA was up by the same percentage to EUR448m, while at unchanged parameters there would have been declines of 4.4 and 4.3 per...
Corporate - 04 April 2016

Sanghi exits corporate debt restructuring

India's Sanghi Industries announced it had exited from the corporate debt restructuring (CDR) mechanism and repaid its INR2.56bn debt as well as raised funding via non-convertible debentures of IN...
News - 04 April 2016

The start of Cemtech’s 25th anniversary celebrations

Cemtech Middle East & Africa 2016 welcomed nearly 300 delegates from 35 countries to its annual meeting in Dubai, a record attendance for this regional event and an auspicious start to Cemtech’s 2...
Articles - 04 April 2016

India: UltraTech confirms US$2.4bn purchase of Jaypee assets

UltraTech Cement has reached a definitive agreement in its deal to buy 21.2Mta of production capacity from Jaiprakash Associates (JAL) at a cost of INR159bn (US$2.4bn).  India's Telegraph newsp...
News - 01 April 2016

OCL invests in West Bengal's first solar power plant

OCL India, part of the Dalmia Bharat Group, has inaugurated West Bengal’s first and largest solar power plant. The 5.5MW photovoltaic plant will deliver power to its grinding unit at Godapiasal In...
News - 01 April 2016

India: UltraTech purchase of 22.4Mta capacity set to be announced

UltraTech Cement, already India's largest cement producer, is expected to confirm its purchase of Jaiprakash Associates' cement business. A report by CNBC-TV18 states that the deal will be offi...
News - 31 March 2016

India: railway holds talks with cement industry

Ravindra Gupta, general manager of South Central Railway (SCR), met with the domestic cement industry to assure them of all possible help from the railways to improve the movement of cement by rai...
News - 30 March 2016

UltraTech Cement

The Indian government has agreed to amend the mines and minerals law (MMDR Act) regarding the transfer of captive mines after it impeded at least two cement industry deals in the last 12 months. T...
Corporate - 29 March 2016

LafargeHolcim to target emerging markets

LafargeHolcim Ltd is confident that a rally will continue in emerging markets this year. Higher cement buying in countries such as India, Indonesia, the Philippines and Vietnam is offsetting slowe...
News - 29 March 2016