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Cemex details plans to raise EBITDA to US$4.7bn by 2016At its 2013 Cemex Day, Cemex set out its ambitious target to increase its EBITDA from US$2.6bn in 2012 to US$4.7bn in 2016 as the company charts its recovery. The plans of the Mexico-based cement ...News - 15 February 2013 |
India Cements looks to construct new line in RajasthanIndia Cements is studying the possibility of expanding capacity in Rajasthan to cater for growing demand in the neighbouring states of Gujarat and Madhya Pradesh. Mr N Srinivasan, vice chairman...News - 15 February 2013 |
Temasek Holdings in line for Lafarge India stake?Temasek Holdings is reportedly among those shortlisted by Lafarge as a potential buyer for a minority stake in its Indian arm. Lafarge India plans to sell a 20-30 per cent stake to raise INR132...News - 14 February 2013 |
Railway projects arouse interest from Indian cement producersWith Indian railways showing a renewed focus on private partnerships, Jindal, Adani and a consortium of cement companies (UltraTech, Prism and Madras Cement) have been linked to several port conne...News - 13 February 2013 |
Shiva Cement's wins Sedimentation & Water Management awardShiva Cement's Khatkurbahal Limestone Mines has been awarded first prize in Sedimentation & Water Management for FY12-13 under the aegis of the Indian Bureau of Mines. Shiva Cement is engaged in ...News - 13 February 2013 |
HeidelbergCement to set up waste heat recovery power generation plantHeidelbergCement India has received an approval for setting up waste heat recovery power plant at its cement plant in Narsingarh, Damoh district, Madhya Pradesh. The proposed plant will produce...News - 12 February 2013 |
India: Ambuja Cement Q4 net down by 30%Ambuja Cement, India's fourth-largest cement maker, slipped considerably in its latest quarterly performance. The Holcim-owned cement major's profitability for the December quarter declined far be...News - 12 February 2013 |
India: Orient Paper & Industries' Cement sales at 317,065t in January 2013Orient Paper & Industries Ltd has reported that the operational performance of the company's cement division for January 2013 was 315,997t, while domestic cement sales for the month were at 317,06...News - 12 February 2013 |
ACC sees 49 per cent drop in quarterly profitIndia’s second largest cement producer ACC reported a 49 per cent YoY drop in net profit for the third quarter of the current fiscal. The company, in which Swiss cement major Holcim owns a 50.3...News - 08 February 2013 |
Lafarge India plans bond issue – reportLafarge India plans to raise INR500 crore through a bond issue, the Economic Times (ET) of India has reported. "The company will raise the bonds in tenors of two-three years," two people familia...News - 08 February 2013 |