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CRH announces termination of negotiations in India

CRH plc announced that it has terminated negotiations with Indian cement producer Jaypee Cement Corporation (Jaypee) regarding the possible purchase by CRH of an equity stake in Jaypee’s Gujarat c...
News - 10 October 2012

Emerging major

Votorantim Cimentos, the Brazilian market leader, has consolidated its position as the sixth-largest multinational cement player, ahead of Buzzi Unicem, following the integration of much of Cimpor...
Articles - 10 October 2012

Nalanda Capital cuts stake in Shree Cement, India

Nalanda Capital has sold around half of its holding (3.25%) in Shree Cement. The fund sold around 1.61 per cent or 561316 shares for INR3800.84 per share, aggregating around INR213.33 crore throu...
News - 09 October 2012

Indian producers seen posting higher 2QFY13 figures

Indian cement manufacturing companies are expected to put up a robust performance this quarter owing to higher dispatches and lower raw material costs. The Economic Times of India reports that cem...
News - 05 October 2012

Ambuja Cements September sales and output climb, India

Indian producer Ambuja Cements said sales rose 4.73 per cent to 1.55Mt in September from 1.48Mt in the same month a year ago, the company said in a statement. The company reported growth of 6.85 ...
News - 04 October 2012

Andhra Pradesh hit by declining prices and demand, India

Cement producers operating in the Indian state of Andhra Pradesh continue to suffer due to lower prices and demand in the region, the Economic Times of India reports. Cement prices have corrected...
News - 04 October 2012

ACC September cement production up 9%, India

ACC Ltd, part of the Holcim Group, reported that its production in September rose by nine per cent to 1.82Mt from  1.67Mt in the same month of 2011. Dispatches reached 1.80Mt, compared with 1.73Mt...
News - 02 October 2012

Pakistan cement export volumes fall 20.8% YoY

During the first two months during FY12-13, Pakistan exported 1.154Mt of cement and earned US$91.356m compared to 1.457Mt at US$75.891m in corresponding period last year. This shows that cement ex...
News - 01 October 2012

BAI of India seeks government intervention for land acquisition process

The Builders Association of India (BAI) plans to seek government intervention to address pertinent issues such as land acquisition, environmental clearances and reforming the existing labour laws,...
News - 01 October 2012

Dalmia Bharat to buy Adhunik Cement for INR5.60bn

Dalmia Bharat Enterprises Ltd said Friday it has signed an agreement to acquire Adhunik Group's cement unit for about INR5.60bn (US$106.3m). Under the deal, Dalmia Cement Bharat Ltd. will acquir...
News - 28 September 2012