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Bangladesh posts 101% cement export revenue growth in 3MFY24Bangladesh has recorded 100.9 per cent YoY growth in cement export revenue to US$4.38m in the first three months (July-September 2023) of FY23-24 from US$2.18m earned in the same months of the pre...News - 10 October 2023 |
Adani reduces use of wholesalersIn a bid to boost profitability, Ambuja Cements Ltd and ACC Ltd has reduced the number of distributors it uses in the Gujarat region of India from 12 to three. The move is part of a trial by t...News - 10 October 2023 |
UltraTech Cement and Adani Cement alerted to Heidelberg's Indian divestment rumourUltraTech Cement ( Aditya Birla Group ), and the country’s second-largest cement producer, Adani Cement, may join the race along with Parth Jindal-led JSW Cement to acquire Heidelberg Mater...News - 05 October 2023 |
JSW Cement begins EV pilot projectIndia-based JSW Cement has acquired five electric trucks from the Murugappa Group as part of a pilot project to transition to the use of EV trucks. According to JSW Cement, the trial is being ca...News - 04 October 2023 |
JSW Cement makes approach for Heidelberg Material's Indian cement operationsJSW Cement , the building materials business of steelmaker JSW Group , is in initial talks with Germany's Heidelberg Materials to acquire the latter's 13.4Mta cement businesses in India, accordi...News - 03 October 2023 |
CEMEX and Star Cement collaborate to recycle concrete wasteCEMEX UAE , has signed a cooperation agreement with Star Cement Co LLC, a wholly-owned subsidiary of UltraTech Cement Ltd , India which aims to recycle concrete waste in the construction industr...News - 03 October 2023 |
UltraTech reports 16% YoY sales volume growth in 1QFY24UltraTech has announced Indian grey cement sales of 25.24Mt for the quarter ended 30 September 2023 (2QFY24). White cement sales over the same period came in at 0.42Mt giving a total sales volum...News - 02 October 2023 |
Keerthi Industries reports 4% drop in revenueKeerthi Industries Ltd (formerly Suvarna Cements Ltd) has reported revenue of INR2405.6m (US$28.9m) in the FY22-23, ended 31 March 2023, down four per cent compared to INR2499.5m in the same per...News - 27 September 2023 |
Shree Cement approves NCDs to fund expansionShree Cement has approved plans to raise INR7000m (US$84.11m) through the issue of non-convertible debentures (NCD) on a private placement basis. According to Realty, the secured, rated, redeema...News - 27 September 2023 |
Anjani Portland Cement appoints new CFORajesh Kumar Dhoot has been appointed chief financial officer of Anjani Portland Cement, effective from 1 October 2023. He succeeds Mr R S Ramanjaneyulu who resigned from the position due to per...News - 26 September 2023 |