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UltraTech Cement seeks shareholders approval for NCD issue, India

The board of UltraTech Cement Ltd has sought shareholder approval to raise up to INR90bn rupees via issue of non-convertible debentures (NCD) on a private placement basis, the company said in a re...
News - 03 August 2015

Exchange rate helps Lafarge’s 6% EBITDA increase

Lafarge's first-half turnover improved by 5.3 per cent to EUR6319m while EBITDA advanced by 5.9 per cent to EUR1223m. The trading profit moved ahead by 7.7 per cent to EUR813m. At the net attribut...
News - 31 July 2015

Holcim's profits hurt by the strength of the Swiss currency

Holcim's cement deliveries declined by two per cent to 67.6Mt in the first six months, and the underlying advance was 2.1 per cent. Shipments of aggregates rose by 3.4 per cent to 72Mt and ready-m...
News - 30 July 2015

Lafarge EBITDA up EUR52m in 1H15

Lafarge's cement volumes for the second quarter of 2015 were down three per cent due to a fall in export sales as the two per cent volume rise in domestic markets could not entirely offset the dec...
News - 29 July 2015

Nepal: IBN approves Chinese investment in cement plant

Investment Board Nepal (IBN) has approved a foreign direct investment (FDI) proposal worth NPR36bn (US$352m) made by Hongshi Holding Group of China. Hongshi Holding Group's proposal to invest i...
News - 29 July 2015

Ambuja cement 2Q15 profit declines 45%

Ambuja Cements Ltd reported a 45 per cent drop in net profit for the quarter ended June on account of a lower operating profit and a INR220m (US$3.4m) depreciation charge. The company posted a n...
News - 28 July 2015

India: UltraTech-Century merger talk heightens

UltraTech Cement Ltd and Century Textiles & Industries Ltd are in talks with their respective dealers to synchronise their cement distribution network, trade sources told Cogencis.     UltraTech ...
News - 28 July 2015

India: pollution draws protesters onto streets in Khrew

Demanding an end to pollution from cement factories and illegal mining in the area, hundreds of residents of Khrew in Pulwama district protested and held a strike for a third consecutive day. The...
News - 28 July 2015

Cemtech Asia

Cemtech Asia 2015 conference and exhibition was held at the Grand Hyatt Bangkok, Thailand, on 21-24 June. Tapping into southeast Asia, one of the world’s fastest-growing economic regions, Cemtech ...
Articles - 27 July 2015

HeidelbergCement clarifies reports on Lafarge's Indian assets

Following local press reports, HeidelbergCement has said it is not buying Lafarge’s assets in eastern India. The Bombay Stock Exchange had sought clarification from HeidelbergCement India Ltd w...
News - 24 July 2015