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India’s Aditya Birla mulls bid for coal venture-sources

India’s diversified Aditya Birla Group is considering bidding for Australia’s New Hope Corp, a US$5bn coal miner which put itself up for auction last month, sources said on Wednesday. Aditya Bi...
News - 03 November 2011

UltraTech Cement sales dip, India

India’s Ultratech Cement on Wednesday reported nearly seven per cent decline in October sales at 3.187Mt over the same month last year. The company had sold 3.42Mt of cement in October, 2010, it ...
News - 03 November 2011

HeidelbergCement rising cement sales, outlook affirmed

HeidelbergCement confirmed its outlook for the year after third quarter turnover rose 6.6% from the year-earlier quarter, supported by sustained growth in Asia-Pacific and Africa, as well as impro...
News - 03 November 2011

Binani cement to increase prices, India

Cement prices are to be increased by INR5-10 with immediate effect, according to Binani Cement, on account of rising input costs. Prices in Central, North & Eastern regions are to increase by INR...
News - 02 November 2011

Pakistan calls for more trains to facilitate exports

The All Pakistan Cement Manufacturers Association (APCMA) has urged the government to press India to allow two train interchanges per day until exports by trucks are allowed. 

 A spokesman for A...
News - 02 November 2011

India’s Jaiprakash Oct cement shipments up 13%

India’s Jaiprakash Associates said cement shipments in October rose 13 per cent from a year ago to 1.65Mt. The engineering and construction firm, which also has interests in hospitality and power...
News - 02 November 2011

India’s Ambuja Cements Oct shipments up 1.7% YoY

Ambuja Cements Ltd, India’s No. 3 cement maker, said late on Tuesday shipments in October rose 1.7 per cent from a year ago to 1.78Mt. The company, part of the Holcim group, said production in Oct...
News - 02 November 2011

Parekh Joins Lafarge’s International Advisory Board

The Housing Development Finance Corporation (HDFC) chairman Deepak Parekh has joined the International Advisory Board of Lafarge. Parekh, who recently stepped down as non-executive chairman of Laf...
News - 01 November 2011

Fitch revises Rain Cement’s outlook to stable

Fitch Ratings has revised India-based Rain Cements Limited’s (RCL) Outlook to Stable from Negative. Its National Long-Term rating has been affirmed at ’Fitch A-(ind)’. A list additional rating act...
News - 01 November 2011

A time of change

Originally planned for Cairo, Cemtech Middle East & Africa finally got under way at the Grand Hyatt Dubai on 5 March, attended by some 200 delegates from over 30 countries, with over 45 individ...
Articles - 31 October 2011