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CG signs global supply agreement for electrical motors with Lafarge

Avantha Group company CG has signed a global supply agreement with cement major Lafarge for electrical motors. "We are extremely pleased to have entered into this agreement and have CG as a pref...
News - 08 July 2015

JSW Cement plans to expand Indian footprint

JSW Cement is planning to expand its current 6.4Mta slag-based cement capacity in the coming years with entry into new areas beyond south India under consideration. “We are planning to go into a...
News - 07 July 2015

India: Dalmia expands footprint in western region

Dalmia Cement Bharat Ltd (DCBL), the flagship company of the Dalmia Bharat Group, has commenced operations at its greenfield cement plant in Belgaum district of Karnataka, India. The 2.5Mta ceme...
News - 06 July 2015

ACC suspends Chaibasa mining operations, India

ACC Ltd has suspended limestone mining operations at its Chaibasa facility in Jharkhand as it awaits further clearances from the state government of Jharkhand. ''The limestone mining operations a...
News - 06 July 2015

UltraTech Cement non-executive director resigns

UltraTech Cement Ltd has informed the Bombay Stock Exchange that Adesh Gupta, non-executive director has resigned from the Board of the Company with effect from 30 June 2015.
News - 06 July 2015

Sanghi Industries to inaugurate new mill, India

Sanghi Industries has installed a new 1.2Mta grinding mill at its plant located in Sanghipuram, Kutch district, taking total capacity to 4.1Mta. The company now proposes to commence work on a 1...
News - 03 July 2015

Birla Corp Ltd awaiting mining clearance ahead of joint venture project

Birla Corporation Ltd (BCL) said on Thursday said it is awaiting mining clearances from the Assam Mineral Development Corp (AMDC) to set up a joint venture in the state. The cement maker has plan...
News - 03 July 2015

Lafarge

As part of the joining up with Holcim, Lafarge is acquiring Baring’s 14 per cent stake in Lafarge India for EUR270m. Lafarge’s subsidiary Ashaka Cement reported a 53.5 per cent drop in first-qua...
Corporate - 02 July 2015

KKR backs SIMEC to invest in ABG Cement, India

Private equity firm KKR is teaming up with diversified trading and commodities group SIMEC to invest INR9bn (US$141.5m) to take over the cement business of debt-laden ABG Group. The funding will h...
News - 01 July 2015

India’s core sector growth rises to 4.4 per cent in May

Growth in India’s eight core sectors, including the cement industry, increased to 4.4 per cent in May 2015 versus a decline of 0.4 per cent in April. There growth level achieved in May is a six-mo...
News - 01 July 2015