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Price woes damp M&As in cement sector, IndiaGlobal cement majors, who have been looking to strike M&A deals in India, are increasingly finding the existing high valuations in the 280Mt Indian cement industry a dampener. According to indust...News - 28 March 2011 |
Century Plyboards to demerge two divisions, IndiaCentury Plyboards Monday said its board has approved demerger of its ferro alloys and cement division into a new wholly-owned subsidiary Star Ferro And Cement. The ferro alloys and cement divisio...News - 28 March 2011 |
Lafarge research arm begins first joint project, IndiaThe first joint project by Lafarge’s research arm and the Indian Institute of Technology-Madras (IIT-M) is expected to kick start soon, an official said Wednesday. Speaking to reporters, Revindra...News - 24 March 2011 |
Rain Cements opens fly ash and packing units, IndiaRain Cements Ltd had commenced operations of its fly ash handling and cement packing unit at Bellary, Karnataka with effect from March 24, 2011. With the commencement of operations, total product...News - 24 March 2011 |
Indian govt’ likely to divest stake in state-owned companiesIndia’s department of disinvestment plans to list as many as 10 profitable state-owned companies in 2011-12 (Apr-Mar) to meet the INR400bn divestment target, The Economic Times newspaper reported ...News - 23 March 2011 |
Indo Zinc is now Trinetra Cement Ltd, IndiaIndo Zinc Ltd has it received approval to change its name to Cement Limited from shareholders through postal ballot. The new name is effective as of March 18, 2011.News - 22 March 2011 |
EEL India to set up manufacturing plant in HaryanaEEL Private Limited, a subsidiary of the FLSmidth group, will set up a new manufacturing plant in Haryana, a senior official said Sunday. According to Rajeev Arora, managing director of Haryana ...News - 21 March 2011 |
Oman Cement to invest in modernisationOman Cement Copany, the Sultanate’s second biggest cement producer, is planning to modernise its clinker unit and reduce emissions with a total capital expenditure of US$37.57m. The contract has...News - 21 March 2011 |
Pakistan cement exports suffer YoY fallPakistan exported 588,386t of cement with a value of US$22.529m in February 2011 compared to 470,667t at US$22.351m in January 2011. This reflects a monthly growth of 25.01 and 0.8 per cent in quan...News - 21 March 2011 |
Century Plyboards expansion update, IndiaSajjan Bhajjanka, managing director of Indian cement producer, Century Plyboards, has recently spoken about the company’s latest investment. Below is a transcript of his interview with CNBC-TV18....News - 21 March 2011 |