Search Results

Murli board okays sale of plant, India


India’s Murli Industries Ltd Friday said its board has approved the sale of its cement plant in the western Maharashtra state. 
The plant began operations in March and has a capacity of 3Mta. 
 ...
News - 06 December 2010

Dighi Port expected to attract further cement projects, India

Following Jaypee Cement’s plans to set up a 3Mt cement grinding plant in the port area of the upcoming Dighi Port in Raigad district of Maharashtra, Aditya Birla Group company UltraTech and Binani...
News - 06 December 2010

Lafarge proposes Meghalaya plant, India

Lafarge India Eastern, which is a wholly owned arm of Lafarge India, has chalked out an ambitious plan to set up a 1.1Mta integrated cement plant at Nongkhleih in the limestone rich Jaintia Hills ...
News - 05 December 2010

ACC Shuts West India plant on pollution control board

India’s second-largest cement maker by capacity, ACC, has shut its plant at Ghugus in the western Maharashtra state, the Times of India newspaper reported Friday, without citing any source. The m...
News - 03 December 2010

Dalmia Bharat to invest in two units, India

Dalmia Bharat Enterprises will invest INR25bn (US$554m) to set up two cement plants of 2.5Mt each in about 2.5 years, a top official said on Friday. The plants will be set up in Karnataka and Meg...
News - 03 December 2010

India demand slows while Pakistan eyes recovery

Recent results in the Indian subcontinent have reflected slowdowns in recent cement sales with prices being under pressure in both markets.

 After a strong performance in October, most major Ind...
News - 03 December 2010

Some Indian cement companies cut prices

Some cement companies Thursday cut prices by INR10/50kg bag in southern India, said a Chennai-based dealer. "Smaller south-based companies have cut prices as stocks aren’t moving with the momentu...
News - 02 December 2010

India’s ACC Nov cement shipments up 4.8% YoY

India’s No. 2 cement producer, ACC Ltd, said on Wednesday shipments in November rose 4.8 per cent from a year earlier to 1.74Mt. The company, in which Holcim holds about 46 per cent, said product...
News - 01 December 2010

Cemex

Cemex is reported to be negotiating to take an interest in the cement business of Murli Industries, which the Indian agricultural group is said to be selling for some US$550m. Murli Industries has,...
Corporate - 30 November 2010

Indian cement cos valuation continues to spike

The Indian cement industry, which had witnessed high value deals till 2008 and immediately a slowdown in M&A activity, is once again buzzing with talks of deals at high valuations. Recently, lit...
News - 30 November 2010