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Chettinad to acquire stake in Anjani Portland

Chettinad Cement Corp Ltd has entered into a share purchase agreement to acquire up to 61.74 per cent stake in Hyderabad-based Anjani Portland Cement Ltd for INR700m from the promoters of the comp...
News - 13 March 2014

Sonadih plant wins Safety, Health and Environment award, India

Lafarge India's Sonadih cement plant has been awarded the Safety, Health and Environment' (SHE) Award under the large-scale industry category by the Confederation of Indian Industries (CII), Easte...
News - 12 March 2014

Vicat: full-year turnover eases

Turnover at Vicat eased by 0.3 per cent in 2013 to EUR2286m and EBITDA came off by 2.4 per cent to EUR427m, while at unchanged parameters they would have risen by 2.9 per cent and 0.3 per cent res...
News - 11 March 2014

Jaypee reportedly in talks to sell Panipat grinding unit

Holcim, via its ACC arm, is in preliminary acquire the Jaypee Group’s grinding unit in Panipat, Haryana state, two sources familiar with the situation told the Economic Times of India. The move w...
News - 11 March 2014

Chettinad Cement in acquisition talks - report

Chettinad Cement is to acquire Anjani Portland Cement, according to local press reports. Citing sources familiar with the situation, Business Line India reported that the deal is expected to be f...
News - 10 March 2014

Reliance begins serving the Uttar Pradesh market

Reliance Cement has expanded its footprint in the Indian market by launching its products into Uttar Pradesh. Commenting on the developments, Arvind Pathak, CEO Reliance Cement, said: “Uttar Prad...
News - 10 March 2014

Italcementi: 2013 turnover declines 5.4%

Italcementi's 2013 turnover declined by 5.4 per cent to EUR4,235.4m while the underlying EBITDA way off by just 1.9 per cent to EUR631.0m. The depreciation charge declined by 6.5 per cent to EU...
News - 07 March 2014

Holcim

Holcim’s Indian subsidiary ACC Ltd has started up a new cement works at Padubidri in the state of Karnataka, using fly ash from a power station in Udupi and clinker from ACC's Wadi works. The plan...
Corporate - 06 March 2014

Lafarge

Lafarge's turnover declined by 3.9 per cent to EUR15,198m in 2013, having increased by 3.5 per cent in 2012. The EBITDA came down by 9.4 per cent to EUR3102m and the trading profit fell by 14 per ...
Corporate - 06 March 2014

HeidelbergCement

Preliminary figures from HeidelbergCement show turnover easing by 0.6 per cent to EUR13,936m, though on an underlying basis there was a 3.4 per cent increase. The EBITDA eased by 2.1 per cent to E...
Corporate - 06 March 2014