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ACC targets ready-mix concrete sales

ACC has devised an action plan, including product innovation, to strengthen its ready-mix concrete business. The 77-year-old company has lined up a series of ready-mix concrete products to push sa...
News - 14 June 2013

FLSmidth to supply greenfield plant for Orient Cement

FLSmidth has received an order worth in excess of around US$35.7m from Orient Cement Ltd for the supply of main equipment for a greenfield cement plant to be located in the state of Karnataka, sou...
News - 14 June 2013

India: HeidelbergCement gets shareholders nod to raise up to INR20bn

HeidelbergCement said its shareholders have accorded approval for raising funds up to INR20bn (US$340m) through borrowings. The shareholders had approved the proposal at its annual general meeti...
News - 13 June 2013

SC refuses to interfere with COMPAT order against Indian cement firms

The Supreme Court declined to interfere with the order of the competition tribunal directing 10 cement firms to deposit 10 per cent of the penalty of INR63bn (US$1.08bn) imposed on them for allege...
News - 13 June 2013

Squeeze tightens on Indian cement

Muted volume growth and continuing cost pressures have put a further squeeze on the earnings of Indian cement companies with a disappointing 15 per cent YoY fall in EBITDA/t in Q4FY13. Among the l...
News - 13 June 2013

Pakistan: cement outlook is positive

Pakistan’s cement industry saw good performance during 9M FY2013. Local dispatches touched 20.74Mt, total exports were recorded at 6.923Mt and capacity utilisation 74.15 per cent. Pakistan cement ...
News - 12 June 2013

Holcim's Asian advance

It wasn’t until the 1990s that Holcim truly stamped its mark on the South Asian market. Since then it has rapidly increased its exposure there and now has extensive plans to boost its capacity as ...
Articles - 12 June 2013

Kenya: confidence running high for East African Portland Cement

Investors in East African Portland Cement Company saw the cement manufacturer’s share price rally to a 12-month high at the end of trading on Friday. Shareholders hope that the company will post a...
News - 10 June 2013

Iran plans 18.5Mta of cement exports

Iran plans to export 18.5Mt of cement in the current Iranian calendar year, which began on 21 March, Mehdi Ghazanfari, the Iranian deputy industry, mines and trade minister, said. The exports are ...
News - 10 June 2013

India Cements to restructure non-core assets

India Cements has said it will restructure its non-core assets, enabling the company to focus on core areas of its business and increase profitability. The company is expected to announce busin...
News - 07 June 2013