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South India’s ‘should explore export opportunities’

IIFL Institutional Equities, a part of the IIFL Group believes that an increase in exports will be the key for south India’s cement industry’s volume growth in the medium term, given the dwindling...
News - 15 June 2011

Madras Cements sees challenging outlook, India

Madras Cement’s (MCL) management has recently said that demand in the south continues to decline, and the near-term outlook for the industry is challenging. IIFL Institutional Equities, a part of...
News - 15 June 2011

Shiva revises expansion investment, India

India’s Rourkela-based Shiva Cement on Friday said the cost of its proposed brownfield expansion has been revised upwards by nearly 52 per cent to INR248 crore (US$55.6m). "...The Project Co-ordin...
News - 13 June 2011

HeidelbergCement sees price correction, India

Ashish Guha, MD of HeidelbergCement has said that with the onset of monsoon there has been correction in prices in various parts of the country in a recent interview with CNBC-TV18. The compa...
News - 13 June 2011

ACC sees 30Mta capacity, India

ACC Ltd said its cement capacity will now reach 30Mta on completion of its expansion programme.

 "Our production capacities were enhanced as the company completed its ongoing expansion programme...
News - 10 June 2011

Jolyne Fernandes

Jolyne has over a decade experience in covering the global cement sector. In addition to writing regular news and analysis for International Cement Review and CemNet.com, Jolyne is lead features...
Authors - 09 June 2011

Aditya Birla eyeing investment opportunities in Paraguay

Paraguay’s finance ministry has met with representatives of India’s Aditya Birla Group to discuss investment opportunities in Paraguay in areas such as cement, pulp and aluminium, the ministry sai...
News - 09 June 2011

Cement sales falter in May due to weak demand, India

Slowdown in infra projects in five states due to polls added to sluggishness Cement sales continued its downtrend in May with most of the leading cement manufacturers including ACC, Ambuja Cement ...
News - 08 June 2011

Recent order for Gebr Pfeiffer, India

Revati Cement Pvt. Ltd. headquartered in Indore has opted to equip its new works, which will be set up in Taluga Raghuraj, Sadna District of Madhya Pradesh state, with grinding plants from Gebr. P...
News - 08 June 2011

Etex Group may acquire Lafarge gypsum business

According to Bloomberg, Belgium-based Etex Group, may acquire Lafarge’s gypsum business for approximately EUR1000m. Lafarge’s gypsum arm, which employs almost 8000 people in 30 countries, reporte...
News - 07 June 2011