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JK Lakshmi posts 59% drop in income in 3QGY24-25

JK Lakshmi Cement Ltd reported unaudited consolidated revenue from operations for the three months ended 31 December 2024 (3QFY24-25) of INR14.968bn (US$172.9m), down 12.1 per cent from INR17.02...
News - 18 March 2025

Dalmia Bharat starts commercial production at Lanka plant

India based Dalmia Bharat Ltd announced in a regulatory filing that Dalmia Cement (North East) Ltd has commenced commercial production at its newly expanded 2.4Mta grinding unit in Lanka, Hojai ...
News - 18 March 2025

Tamil Nadu government proposes limestone levy

The government of Tamil Nadu, India, has proposed a levy of an additional INR160/t (US$1.84) on limestone with effect from 20 February 2025. It follows the introduction of an INR25/t tax on limest...
News - 13 March 2025

Bangladesh's cement exports continued to decline in 8MFY2024-25

Bangladesh experienced a 28.7 per cent YoY drop in cement export revenue, totalling US$8.88m in the 8MFY24-25 (July 2024-February 2025), down from US$12.46m during the same period the previous yea...
News - 11 March 2025

Kima Process Control supplies advanced process control and AI systems to Saurashtra Cement Group

KIMA Process Control GmbH has received a new order from Saurashtra Cement Group Ltd (SCL) for the supply of two state-of-the-art MILLPILOT autonomous mill control systems along with the innova...
News - 07 March 2025

CCI approves Ambuja 73 per cent shareholding acquisition of Orient Cement

The Competition Commission of India (CCI) has approved the proposed acquisition of up to 72.8 per cent shareholding of Orient Cement Ltd by Ambuja Cements Ltd ( Adani Cement Group ). Ambuja C...
News - 06 March 2025

ABB and UptimeAI join forces in strategic investment

ABB Motion has announced a strategic investment through ABB Motion Ventures in the AI start-up UptimeAI, aiming to transform how industrial customers manage the health and performance of motors, d...
News - 05 March 2025

Mahabal Cement signs MoU to set up Assam cement complex

Mahabal Cement has signed a Memorandum of Understanding for a INR110bn (US$1.26bn) investment in a new cement complex at the Advantage Assam 2.0 Summit.  The new plant would be located in the D...
News - 05 March 2025

Dalmia Bharat announces INR35.2bn investment in Karnataka and Maharashtra

India-based Dalmia Bharat announced a INR35.2bn (US$403m) investment in Maharashtra and Karnataka, funded by a combination of debt and internal accruals. The new capacity is expected to come onl...
News - 04 March 2025

UltraTech Cement Ltd proposes to extend its diversification

UltraTech Cement Ltd ( Aditya Birla Group ) proposes to extend its footprint in the construction value chain, by entering the wires and cables market with a nominal capital expenditure of approx...
News - 28 February 2025