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Pakistan export earnings rise in FY12-13

In the fiscal year ending 30 June 2013, Pakistan exported 9.073Mt of cement on revenues of US$577.73m compared to 8.748Mt at US$498.84m in the corresponding period of last year. These latest figur...
News - 25 July 2013

CRH likely to acquire Shriram Group cement business - report

Irish building materials major CRH is likely to acquire the cement arm of the Shriram Group, Sree Jayajothi Cements, three sources have told the Economic Times of India. The deal is likely to be...
News - 25 July 2013

Birla Corp to establish new plant in Madhya Pradesh, India

Birla Corp Ltd is planning to set up a new 2Mta cement plant in Madhya Pradesh, India. A source told local press that the company will spend INR25bn over the next three years to set up the new un...
News - 24 July 2013

Deutsche Bank downgrades Jaiprakash to “sell”, India

Deutsche Bank downgrades India's Jaiprakash Associates Ltd to "sell" from "hold", due to higher-than-expected debt. The bank says the company's consolidated debt of INR612bn (US$10.24bn) came in ...
News - 24 July 2013

Shriram Cement confirms talks on cement unit sale

India-based producer Shriram Cement has confirmed that it is in talks with investors over the sale of its cement business. The statement came following news reports that CRH is to buy Shriram's c...
News - 23 July 2013

Aiming for zero accidents

For the World Business Council for Sustainable Development’s (WBCSD) Cement Sustainability Initiative (CSI), the number-one priority for all its 24 member companies is safety. Revised guidelines p...
Articles - 22 July 2013

Exploring Asian advances

Cemtech Conferences and Exhibitions successfully held its annual event dedicated to Asian cement market developments over 24-27 June 2013 in Jakarta, Indonesia, one of the most active and dynamic ...
Articles - 19 July 2013

Votorantim to sell Shree Digvijay stake to meet SEBI norm, India

Shree Digvijay Cement on Thursday said Votorantim Cimentos will dilute a 0.27 per cent stake in the company to meet the minimum public shareholding norm. “The promoter/promoter group intends t...
News - 19 July 2013

HeidelbergCement India to raise capacity further by 2017

HeidelbergCement India plans to more than double cement capacity by 2017 by adding some 9Mta of new volumes. The Indian arm of the German cement major has a capacity of 6Mta following the expan...
News - 19 July 2013

Madras Cements to develop beneficiation plant, India

Madras Cements is developing a limestone beneficiation plant at Alathiyur in Tamil Nadu with a capacity of 400tpd. The company will set up this plant near its 3Mta  cement plant at Alathiyur. The...
News - 17 July 2013