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New appointments at Loesche India

Mr PC Abraham has been appointed Managing Director of Loesche India Pvt Ltd as of 1 October 2012. Mr Abraham joined Loesche India Pvt Ltd on 1 March 1995 and has been working as Executive Directo...
News - 21 December 2012

Lafarge looking to sell stake in Indian operations?

Private equity funds are in talks to buy a minority stake in Lafarge India as the cement company taps new ways to fund its expansion, the Economic Times of India reports. Carlyle, KKR, Temasek an...
News - 21 December 2012

Vicat Sagar joint venture plant begins production, India

The first line at the greenfield Vicat Sagar plant, a joint venture between France-based Vicat and Sagar Cements, has started production. Located in the north of Karnataka, the plant has a nomin...
News - 20 December 2012

KHD wins new order for 9000tpd ACC plant, India

KHD Humboldt Wedag International AG subsidiaries, Humboldt Wedag India, Pvt Ltd and Humboldt Wedag GmbH received an order from Holcim Group company ACC Ltd, India, for a new 9000tpd cement plant. ...
News - 19 December 2012

India cement sector to see recovery in FY13-14

India's cement industry is expected to see a sharp recovery in cement prices in FY13-14 with an improving supply and demand scenario, as well as government measures to fast-track infrastructure pr...
News - 18 December 2012

ACC awards contract for Jamul Cement plant construction, India

McNally Bharat Engineering has been awarded a contract by ACC Ltd for the construction and installation of a cement plant in the central Indian state of Chhattisgarh. "The company has received an...
News - 18 December 2012

BoA-Merrill upgrades India's cement stocks to 'buy'

Bank of America-Merrill Lynch upgrades its rating across cement stocks to 'buy' from 'neutral' or 'underperform', saying capacity will lag demand, while valuations are below previous up cycles. ...
News - 14 December 2012

Holcim Services (South Asia) signs fleet management deal, India

Holcim Services (South Asia) Ltd, a unit of the Holcim Group, will deploy the Trimble® trako Fleet Management and Visual Cargo solutions in their outbound logistics fleet that transports cement to...
News - 13 December 2012

Ambuja Cements wins water management awards, India

India-based cement producer Ambuja Cements has scooped three awards at the 9th National Award for Excellence for its work in the drought-prone state of Rajasthan. Ambuja’s two plants in Rajasth...
News - 12 December 2012

Jaypee/Aditya Birla talks advance, India

Talks between the Jaypee Group for its sale of its Gujarat based cement units to Aditya Birla have moved into the final stages, according to local media reports, adding that valuations of the deal...
News - 10 December 2012