Search Results
GCCA releases its Cement Industry Net Zero Progress Report 2023The Global Cement & Concrete Association (GCCA) has released its Cement Industry Net Zero Progress Report 2023 providing an update on global action and progress by the GCCA and its member companie...News - 04 December 2023 |
UltraTech Cement to acquire Kesoram Industries Ltd's demerged cement businessKesoram Industries Ltd has decided to demerge its cement business and has approached UltraTech Cement Ltd in relation to the same. The Board of Directors of UltraTech, after considering the ...News - 01 December 2023 |
Burnpur Cement Ltd acquisition increases UltraTech Cement's capacityUltraTech Cement has acquired a 0.54Mta cement grinding assets of Burnpur Cement Ltd, located at Patratu in Jharkhand, India, at a consideration of INR169,790m. This investment marks the company...News - 30 November 2023 |
Pioneer Cement still to decide on greenfield or brownfield expansionPioneer Cement has yet to select a green or brown option for expansion in the Punjab. Topline Securities hosted a corporate briefing session (CBS) for Pioneer Cement Co Ltd (PIOC) on 24 November...News - 27 November 2023 |
UltraTech Cement eyes up Kesoram IndustriesUltraTech Cement has reportedly expressed an interest in acquiring Kesoram Industries and is already carrying out due diligence on the company. According to CNBC, UltraTech is exploring two op...News - 27 November 2023 |
Freight rates rise again on increased petcoke and grain demandBy Brannvoll ApS, Denmark The USG Supramax spot freight market finished the month on a positive note with rates continuing to increase as tonnage supply appears tight, while demand remains heal...News - 27 November 2023 |
Russian cement producers warn of escalating costsLeading cement producers in Russia have warned domestic regulators of a 17-30 per cent rise in production costs next year, caused by continually increasing costs related to logistics, energy and p...News - 22 November 2023 |
Suitors line up for Vadraj CementJSW Cement , the Adani Group , and the ArcelorMittal Group are among the entities expressing an interest in acquiring India’s Vadraj Cement , according to Construction World. Vadraj Cement, whi...News - 22 November 2023 |
India: riding the growth waveIndia, the world’s second-largest cement market, has demonstrated strong resilience and recovery since the COVID-19 pandemic. The country is now on course for a higher, sustainable demand trajecto...Articles - 21 November 2023 |
Shree Cement pledges to boost share of premium productsShree Cement plans to expand the share of premium products as part of its total sales to 12 per cent over the next six months. This compares to just 9.5 per cent in the 2QFY23-24. According to t...News - 16 November 2023 |