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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

Vietnam's cement output rises 11% YoY in 1Q16

Vietnam is estimated to have produced 11Mt of cement in the first quarter of this year, rising one per cent from a year earlier, the government-run General Statistics Office said. In March the ...
News - 29 March 2016

India: trucker workers’ dispute leads to plant stoppages

A dispute between two trucker workers’ unions in Kashmir, India, has led to the four cement plants in the region cutting output, resulting in a loss of production of around 2500tpd. According t...
News - 29 March 2016

India: Dalmia Bharat wins go ahead for amalgamation

Dalmia Bharat has received approval from its Board of Directors for amalgamation of OCL India and Dalmia Cement East 'Bokaro' with Odisha Cement (OCL). The board has approved amalgamation of Adh...
News - 29 March 2016

India: Shree Cement set for more expansion

Shree Cement, the fourth largest domestic cement company, is looking to ramp up capacity by another 10Mta in the coming three years. The cement producer  has lined up a capital expenditure of IN...
News - 28 March 2016

India: Emami Group to build Panagarh grinding plant

Chief minister Mamata Banerjee, on Saturday, in Panagarh, laid the foundation stone for Emami Group's new  INR5000m (US$74.8m) grinding plant project that will be located in Panagarh. The Emami G...
News - 28 March 2016

Lafarge India initiates sale of cement units

French cement-maker Lafarge's India arm has initiated the process of sale of its India business with the appointment of two investment bankers. The business comprising cements plants with a produc...
News - 22 March 2016

HeidelbergCement's refinancing for Italcementi acquisition reduced

HeidelbergCement priced a eurobond issue under its EUR10bn Euro Medium Term Note (EMTN) programme with an issuance volume of EUR1bn and a maturity date of 30 March 2023. The bond was issued at the...
News - 22 March 2016

Ambuja Cement prepares for 6-7% growth in 5 years

India’s second-largest cement producer, Ambuja Cement, expects cement demand to grow by 6-7 per cent in the next five years as the Indian government ramps up infrastructure investment. In 2015 the...
News - 22 March 2016

ACC forecasts 6% demand growth in 2016

India’s ACC predicts domestic cement demand to rise by six per cent in 2016 as spending on housing and infrastructure increases. The company’s clinker and grinding facilities in Jamul and Sindri...
News - 22 March 2016