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JK Cement in talks to setup Middle East plant

JK Cement has initiated talks with a few banks to raise debt of over Rs 800 crore to part finance setting up its first overseas plant in the Middle East, said a person close to the matter. 

 The...
News - 12 July 2010

Nirma plant: SC defers hearing on farmers’ appeals, India

The Supreme Court on Monday deferred its hearing on appeals against construction of Nirma Ltd’s cement plant near Mahuva’s coastline and asked the Gujarat High Court to dispose of the review petit...
News - 06 July 2010

India: fuel price hike to hit operating costs of cement companies

Leading Indian cement players (ACC, Ambuja Cement, Aditya Birla group, Shree Cement and Jaiprakash Associates) reported a 7.6% year-on-year (y-o-y) growth in their total despatches to 8.7 million ...
News - 06 July 2010

Kesoram Industries to install plant at Vasavadatta, India

Kesoram Industries’ board at its meeting held on July 01, 2010, has approved the installation of a 1.71Mt clinker plant together with a 18MW captive power plant at the Vasavadatta cement section i...
News - 05 July 2010

Indian cement prices likely to stay damp

Indian cement prices are on a decline and a shortage of railway wagons has crimped supply. The recent increase in diesel and petrol prices is expected to dent profitability further. Cementing marg...
News - 05 July 2010

India cement industry sees pick-up in M&A activity

After a lull of about one and half years, the Indian cement industry is once again seeing action on the mergers and acquisitions (M&A) front. Interestingly, despite an oversupply threatening the c...
News - 04 July 2010

New order for JWT from Dalmia, India

Just a day after appointing Vizeum as its media AoR, Dalmia Cement (Bharat) Ltd (DCBL) has appointed JWT as its creative agency following a multi-agency pitch. Sources close to the development hav...
News - 04 July 2010

China and India CO2 emissions rise

A new report shows just how important greenhouse gas emissions from China and India are in the worldwide context.   The two countries alone managed to offset the developed world’s recession-induce...
News - 04 July 2010

India Cements plans for a coal-based captive power plant

India Cement Limited (ICL), a cement company operating in Tamilnadu is planning to set up a 48 MW coal based CPP at Narnamalpuram village, in the Tirunelveli district of Tamil Nadu. The proposed C...
News - 02 July 2010

New ACC chief may come from Holcim, India

Following the resignation of Sumit Banerjee as its managing director, ACC is likely to appoint an official from Holcim Group, the controlling shareholder of the Indian cement company, as its new c...
News - 02 July 2010