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Lafarge CEO to visit Bangladesh

Bruno Lafont, Chairman and CEO of the Lafarge Group, is set to arrive in Dhaka, Bangladesh, today to review operations of its local subsidiary Lafarge Surma Cement. An official of the Lafarge Gr...
News - 21 March 2012

Birla Corp starts trial production at Chanderia, India

Birla Corporation Ltd. has commenced trial production of clinker from its 1.2Mt brownfield capacity expansion project at Chanderia in Rajasthan. The Indian Bureau of Mines has conducted an inspect...
News - 21 March 2012

Lafarge to expand Indian operations

Lafarge is expanding its operations in India but says it will do so organically and isn't considering any acquisitions at present, Chairman Bruno Lafont said Tuesday. "We will continue to grow,...
News - 21 March 2012

Indian government notes signs of cement sector recovery

The Indian government has noted a recovery in the cement sector and announced adjustments to the excise duty in its Union Budget 2012-13. While presenting the Union Budget 2012-13 (April-March)...
News - 19 March 2012

Bangladesh cement exports rise

Bangladesh manufacturers and exporters of cement, salt and stone have reported YoY growth of 46.33 per cent in the first eight months of FY2011-12 (July-February). Of these three items, cement acc...
News - 19 March 2012

Ambuja Cements investment update, India

Ambuja Cements, part of the Holcim Group, plans to invest INR18bn (US$358m) by December 2013 to increase capacity. The investment will be funded through internal accruals. As of the quarter end...
News - 16 March 2012

Jaiprakash Power Ventures to enter cement business, India

Jaiprakash Power Ventures Ltd has planned to raise up to INR3500 crore to fund its expansion projects and is also entering the cement sector. Its board of directors has authorised raising of fu...
News - 16 March 2012

Jaiprakash Power Ventures to enter cement business, India

Jaiprakash Power Ventures Ltd has planned to raise up to INR3500 crore to fund its expansion projects and is also entering the cement sector. Its board of directors has authorised raising of fu...
News - 16 March 2012

Fitch rates Rain Commodities at 'Fitch A-(ind)'; outlook stable

Fitch Ratings has assigned India's Rain Commodities Limited (RCOL) a National Long-Term rating of 'Fitch A-(ind)'. The Outlook is Stable. However, ratings are constrained by volatility in cement p...
News - 15 March 2012

Pakistan industry first-half profitability improves

A number of Pakistan cement manufacturers and exporters have posted profits after tax for the first six months of the current fiscal year against losses reported in 1HFY2011. The rise is attribute...
News - 14 March 2012