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UltraTech Cement appoints two additional independent directors

UltraTech Cement Ltd, India's largest cement producer, on Monday said it has appointed Renuka Ramnath and Sukanya Kripalu as additional independent directors on its board. The appointments are ef...
News - 14 October 2014

UltraTech reportedly eyeing further Jaypee units

UltraTech Cement is believed to be looking at possible acquisition of Jaypee Group's three cement plants in Madhya Pradesh, according to local press reports. While investment banking sources inv...
News - 08 October 2014

Century Textiles Manikgarh unit starts production

Century Textiles & Industries has commenced production and started cement dispatches from its Manikgarh Cement Unit No II as of 26 September 2014. The new facility, which is an expansion of the M...
News - 07 October 2014

Senior appointments at Gujarat Sidhee Cement, India

VR Mohnot has been appointed as Chief Financial Officer & Company Secretary of Gujarat Sidhee Cement effective 1 October 2014. In addition,. Anupama Pai has been named Compliance Officer, the comp...
News - 07 October 2014

India: Reliance Infrastructure looks to triple capacity

Reliance Infrastructure plans to nearly triple its cement generation capacity to 15Mta over the next three years. The company's capacity currently stands at 5.8Mta from its plants in Madhya Prade...
News - 03 October 2014

JK Cement starts commercial production at Rajasthan unit

JK Cement has commenced production and dispatch of cement from its new cement manufacturing facilities at JK Cement Works, Mangrol, Chittorgarh district, in the state of Rajasthan. In a filing to...
News - 02 October 2014

Reliance Infrastructure plans to triple capacity to 15Mta by 2017

India’s Reliance Infrastructure plans to nearly triple its cement capacity to 15Mta over the next three years. The current capacity at the company, led by Anil Ambani, is 5.8Mta as the cement prod...
News - 01 October 2014

Zuari Cement hosts groundbreaking for Gulbarga plant

Through its Gulbarga Cement Ltd (GCL) subsidiary, Zuari Cement plans to build a 3.23Mta cement works in Gulbarga, Karnataka, India. In addition, the company will be setting up a 50MW captive power...
News - 01 October 2014

India: infrastructure boost to reduce supply-demand gap

A significant increase in infrastructure investment under India’s new government is expected to raise cement demand and reduce the current oversupply in the country’s cement market. India’s presen...
News - 30 September 2014

UK: Votorantim interest in Tarmac

Votorantim is understood to be planning a bid for a package of businesses being offloaded by Holcim and  Lafarge, in an effort to seal a GBP32bn mega-merger that would include Tarmac, one of Brita...
News - 29 September 2014