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India June output falls

Cement production in June declined 1.3% on month to 13.89Mt, which is a six-month low. In May, production was at 14.08Mt. Cement production has been on the decline since April. Typically, demand s...
News - 20 July 2011

Outlook for global building materials sector

The outlook for the global building materials industry remains varied with strong growth in most emerging markets, a likely recovery in West European and Australian markets and a challenging outlo...
News - 19 July 2011

Lafarge India bags FICCI safety award

Lafarge India has been awarded the first FICCI Safety Excellence Award for Manufacturing in the large scale units’ category for the Sonadih cement plant in Jharkhand. Lafarge was selected from ov...
News - 18 July 2011

JSW cement arm puts IPO on hold, India

Sajjan Jindal-promoted JSW Cement has decided to put its initial public offering on hold as it moderates expansion keeping in mind the oversupply situation prevailing in the domestic market. “Our...
News - 18 July 2011

Sagar Cement margins under pressure, India

Sagar Cements Ltd, the Hyderabad-based mid-sized cement manufacturer that is setting up a 5.5Mt cement plant with French major Vicat, sees margins under pressure on rising input costs and weakenin...
News - 15 July 2011

Rajasthan cement firms to pay 24% interest as royalty, India

The Supreme Court has directed the six cement producers of Rajasthan to pay 24% interest to the state government as royalty due on lime stone from 1996 onwards. The cement producers are: JK Synth...
News - 15 July 2011

Siam Cement urges govt to reconsider wage hike, Thailand

Siam Cement Group expresses concern about Thailand’s competitiveness should the government raise the minimum wage. Siam Cement Group, or SCG, Managing Director Kalin Sarasin expressed his concern...
News - 14 July 2011

Pakistan cement sales to remain stagnant in FY12

Pakistan cement sales growth is expected to remain subdued in the current fiscal year and improve by a mere six per cent in FY 2011-12 against last 10 years’ average growth of 14 per cent. 
Cemen...
News - 14 July 2011

Lafarge India considers M&As to boost market share

Lafarge India today said it would consider mergers and acquisitions (M&As) among other options to boost its share in the market. "Lafarge India is committed to growing in the domestic market in I...
News - 13 July 2011

Century Ply India to invest in cement facilities, India

India’s second largest plywood manufacturer Century Plyboards India Ltd (CPIL) will invest INR16.3bn to establish fibre board, particle board, cement and plywood facilities, firm’s MD Sajjan Bhaja...
News - 12 July 2011