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Strong Swiss Franc hits Holcim 1H, new Brazilian investment announced

While Holcim reported first-half sales increases in all segments for first-half 2011, these gains were wiped out by currency headwinds, the group said in a statement. Consolidated cement deliveri...
News - 18 August 2011

India Cement thermal power plant rejected

A public hearing to discuss the establishment of a thermal power project by India Cements has been opposed on the grounds of the pollution it would generate. Residents said they were already affec...
News - 18 August 2011

Deepak Parekh appointed to Lafarge India’s advisory board

Deepak Parekh, Chairman, HDFC, has been inducted on the Lafarge’s International Advisory Board. Consequently, he stepped down as Non-Executive Chairman of Lafarge India. Mr Isidoro Miranda, Ex...
News - 18 August 2011

Anjani Portland to invest in Bijapur plant, India

Anjani Portland Cement Ltd will invest approximately INR300 crore in a greenfield cement plant in Bijapur district of Karnataka. It will have a capacity of around a 1Mta. The Hyderabad-based comp...
News - 17 August 2011

CRH reports first half turnover recovery

CRH’s first half turnover recovered by 4.4% to EUR8525m as the EBITDA recovered by 8.6% to EUR626m and the trading profit by 45.1% to EUR209m. The pre-tax profit more than trebled to EUR95m. Net d...
News - 16 August 2011

TANCEM to begin importing cement, India

The Tamil Nadu Cement Cements Corporation Limited (TANCEM) would take steps to import cement from other countries and sell them at lower cost, Industries Minister S P Velumani told the State Assem...
News - 16 August 2011

Court orders review for Lafarge environmental clearance, India

The Himachal Pradesh High Court on Friday set aside an order of the National Environment Appellate Authority (NEAA), which had quashed the environment clearance for a proposed cement plant to be s...
News - 15 August 2011

Questions over preventing Pakistan imports into Sri Lanka

Preventing cement imports into Sri Lanka from Pakistan by raising quality issues is a conspiracy that some private sector companies and government officials engage for personal gain, the Minister ...
News - 15 August 2011

Mangalam Cement well-positioned for long-term growth

The growth in cement dispatches in the northern region has been broadly stronger than the all-India growth on YoY basis, both during FY11 and the June 2011 quarter. This comes at a time when the c...
News - 15 August 2011

India Cements net rises fourfold

India Cements Ltd said on Friday its net profit rose over fourfold to INR102.03 crore for the quarter ended June 2011. In the year ago period, the company had a profit of INR24.98 crore. The firs...
News - 14 August 2011