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Proposed Karnataka cement plans face local opposition, India

The Karnataka state government’s decision to allow three cement companies to buy 3,540 acres of fertile land in the district directly from farmers has created unease among the farmers. The cabine...
News - 31 August 2011

JSW Group to invest in cement sector, India

The JSW Group (Mumbai, India) plans to invest US$6.4bn into the Indian steel and cement sectors. India’s massive cement industry ranks No. 2 globally in terms of production. As JSW is investing he...
News - 31 August 2011

Holcim

Holcim increased cement deliveries by 4.7% to 70.9Mt in the first six months and sales of other mineral components jumped by 32.2% to 2.2Mt. Shipments of aggregates rose by 11% to 81.3Mt and ready-...
Corporate - 31 August 2011

Lafarge

Lafarge is selling its interest in the plasterboard joint venture with Boral covering Asian markets to its partner for at an enterprise value of €429m (AUD598m). The deal is expected to be complete...
Corporate - 31 August 2011

CRH

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Corporate - 31 August 2011

Cimpor

Cimpor's first-half turnover improved by 5.7% to €1149.58m and the EBITDA rose by the same percentage to €315.6m. As depreciation and impairment charges only increased by 1.6%, the trading profit (...
Corporate - 31 August 2011

Cachapuz Bilanciai receives further order from Jaiprakash, India

Cachapuz Bilanciai Group has received a further order for its SLV Cement software and automation solution from Jaiprakash Associates (the cement division of Jaypee Group). SLV Cement will be imp...
News - 30 August 2011

Indian cement producers under scrutiny, cartel investigation

In a crackdown on alleged cartel behaviour of cement manufacturers, the Competition Commission of India’s Director General has conducted a detailed investigation on over two dozen companies, inclu...
News - 29 August 2011

India Cements profits boosted

India Cements posted 308.4% YOY growth in its net profit to INR1.02bn for 1QFY2012, primarily on account of higher realisation due to the supply and pricing discipline adopted by cement manufactur...
News - 29 August 2011

Land concessions for cement units cleared, India

The State Cabinet of Karnataka, India has cleared land concessions to eight cement factories, all to be located in and around Sedam and Chincholi in Gulbarga district. The total extent of lands a...
News - 26 August 2011