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India: cement companies rally on price hike reports

Shares of cement companies zoomed higher after reports that the Maharashtra based cement companies have hiked price by INR20 per 50kg from today. ACC was up 2.95 per cent, Ambuja Cement gained 5....
News - 20 August 2010

India: Himachal inks cement deal with Jaypee group

The Jaypee group will set up a clinker sation with a 2.75Mta capacity in Himachal Pradesh’s Baga in Solan district. The company will also set up a 1.5Mt capacity cement grinding unit at Malokhar ...
News - 20 August 2010

India: JK Cement won’t sell stake to fund expansion plans

JK Cement has been on an expansion spree. It plans to up capacity across the North by brownfield expansion and is also looking to raise debt of INR800 crore to part finance the setting up of a pla...
News - 19 August 2010

India: cement prices remain low in southern markets

Cement prices in Andhra Pradesh, in particular, and southern markets, in general, continue to be on the lower side due to increased supply and slow pick-up in demand. The price range of cement now...
News - 18 August 2010

Brazil leads Cimpor’s volumes, turnover and profit

Cimpor’s first half turnover improved by 6.3 per cent to €1087.8m, thanks to increases exceeding 40 per cent in Brazil and in Turkey, while reductions were seen in China and Spain in particular.  ...
News - 18 August 2010

Slag demand rises as supply declines

Driven by low-carbon and other environmental policies, demand for ferrous slag in cement and aggregates industries worldwide stands to outstrip supply, according to a new IntertechPira study. No l...
News - 17 August 2010

Shree Cements in line with expectation

Shree Cement’s (SCL) 1QFY11 EBIDTA was down 32 per cent YoY at INR2.9bn (US$61.8m), in line with India Infoline News Service’s (IINS) forecast. Net sales increased two per cent YoY to INR9.4bn – h...
News - 16 August 2010

India: Steel Authority of India Ltd cement unit to be built

Steel Authority of India Ltd (SAIL) has finalised plans to set up a 2Mt cement unit at Kulti in Bengal close to its IISCO plant in Burnpur. The cement plant will utilise the blast furnace slag gen...
News - 16 August 2010

Barak Valley Cements expansion, India

Barak Valley Cements Ltd will expand its existing cement grinding production capacity from 750tpd to 1350tpd. The Delhi-based cement maker Barak Valley Cements today informed the investors about...
News - 09 August 2010

Darbari out of race for CCI chief, India

The counsel on behalf of the Union of India has given a statement in the Delhi High Court today that TS Darbari will not be appointed as the Chairman of the Cement Corporation of India (CCI). The...
News - 09 August 2010