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ACC quarterly volumes lower on weaker demand

ACC reported a decline in sales volumes for the January-March 2015 period due to weaker cement demand from the infrastructure and the general construction sectors, India’s second-largest cement pr...
News - 15 April 2015

Fitch affirms Holcim at 'BBB'; Outlook Stable

Fitch Ratings has affirmed Holcim Ltd's (Holcim) Long-term and Short-term Issuer Default Ratings (IDR) at 'BBB' and 'F2', respectively. The Outlook is Stable. "The affirmation reflects Holcim's...
News - 15 April 2015

Nomura expects Indian demand recovery in FY16

Nomura expects Indian cement companies to see demand recover in the current fiscal year, after a weak ending to fiscal 2015 in March. The broker expects Indian cement companies' revenues and ope...
News - 13 April 2015

Mumbai Port Trust allots land for cement handling terminal

The Mumbai Port Trust has allocated allotted 25,000m2 of land at Petroleum Godown to UltraTech Cement for 30 years, to build a fully-automated cement handling terminal. The terminal will be used ...
News - 13 April 2015

Pakistan cement exports to Afghanistan down 25%

Pakistan cement exports to its main international market of Afghanistan have fallen by a quarter in the first nine months of the current fiscal, industry officials said on Wednesday. Pakistan ex...
News - 10 April 2015

Preview: 57th IEEE-IAS/PCA Cement Industry Technical Conference

The 57th IEEE-IAS/PCA Cement Industry Technical Conference and Exhibition will take place at the Sheraton Centre Hotel, Toronto, Canada, on 26-30 April 2015. This April, the North American ce...
Articles - 10 April 2015

Destination Dubai

Cemtech Middle East & Africa 2015 was held in the Grand Hyatt Dubai, UAE, on 8-11 February, with more than 270 delegates participating in this three-day conference and exhibition. Covering worldwi...
Articles - 07 April 2015

Expected second-quarter pick-up in Indian demand

Indian cement demand is expected to see a revival over the July-September quarter on the back of an increase in infrastructure spending. Consumption continued to remain tepid during March, leadi...
News - 07 April 2015

India: Rashmi Group to invest USD24m in new plant

Rashmi Group (India) intends to invest INR1.5bn (USD24m) to increase cement capacity at its 0.2Mta Jhargram grinding plant in West Bengal. The company is increasing its investment into steel prod...
News - 06 April 2015

Builders challenge cement price rise in southern India

The price of cement has gone up by INR100 per bag (USD1.61) over the last six months in Tamil Nadu, according to the Tiruchi branch of the Builders’ Association of India. The construction industr...
News - 06 April 2015