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Competition Commission clears Shree acquisition of Jaiprakash unit

The Competition Commission of India (CCI) said it has approved a proposal of Shree Cement to acquire Jaiprakash Associates' 1.5Mta grinding unit in Haryana, saying the deal will not raise anti-com...
News - 19 November 2014

Holcim: 2015 expected to be "solid year"

Holcim expects 2015 to be a “solid year” for the group as it aims to achieve substantial improvement of its results. In a statement released ahead of today's Holcim Investor and Analyst Day 201...
News - 18 November 2014

KHD nine-month revenue down 4.6% YoY

KHD Humboldt Wedag reported a 4.6 per cent decline in revenue for the first nine months of 2014, with the group reporting an “unsatisfactory” order intake under its Capex segment during the period...
News - 14 November 2014

Holcim Awards 2014 winners for Asia Pacific

The winning projects of the Holcim Awards 2014 Asia Pacific have been announced in Jakarta, Indonesia, with a bird sanctuary in Thailand, a locally-adapted orphanage in Nepal and a community libra...
News - 14 November 2014

India Cements: back in the black

India Cements has reported a profit for the July-September quarter on higher income and lower expenses following a loss in the same period of the previous year. For the three months to the end o...
News - 13 November 2014

India Cements board to consider raising INR5bn, mulls MSE delisting

India Cements today said its board will consider a proposal to raise INR5bn (US$81.3m) from investors. "The Board of Directors at its meeting will, consider the following issue of QIP, FCCB, GDR ...
News - 12 November 2014

JK White Fujairah in full swing

Earlier this year, JK Cement Ltd commissioned its new dual 0.6Mta white/1Mta grey cement works in the UAE. The so-called ‘swing plant’ has effectively doubled the Indian cement producer’s overall ...
Articles - 12 November 2014

Venezuela: 600tpd cement works to be built in Yaracuy

To help alleviate Venezuela’s cement shortage a new cement plant, ‘Valeroso Peña’, will be built in Peña, Yaracuy. The 600tpd works will be constructed with assistance from India in an area that i...
News - 11 November 2014

Italcementi reduces nine-month loss

Italcementi's turnover declined by 3.1 per cent to €3,217.5m in the first nine months the year and the running EBITDA eased by 0.6 per cent to €469.3m. Very substantially lower re-organisation cos...
News - 10 November 2014

UltraTech acquires 51% interest in Omani mining firm

UltraTech Cement Middle East Investments, a subsidiary of UltraTech Cement, has acquired a 51 per cent interest in Omani mining company Awam Minerals LLC. Awam Minerals possess a licence for mini...
News - 10 November 2014