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Nepal: reducing reliance on imports

According to the Department of Customs, Nepal imported 649,244t of clinker and 586,294t of cement in the current fiscal year, an increase of 10 per cent and 85.4 per cent respectively from the pre...
News - 30 March 2010

Supreme Court refuses to lift ban, Bangladesh

The Supreme Court has refused to lift its order halting quarrying and supply of limestone from the forests of Meghalaya to Lafarge’s cement plant in Bangladesh despite India’s plea that judicial s...
News - 29 March 2010

India producers consider exports to Sri Lanka

Hit by massive capacity expansion and poor utilisation of their plants, some Indian cement companies are looking towards war-ravaged Sri Lanka, which is rebuilding its infrastructure. Industry sou...
News - 29 March 2010

India: March sales likely to see monthly rise

A rise in demand from real estate and construction companies is likely to increase Indian cement sales by 12% to 20Mt this month compared with the same period last year. Cement sales grew 11% in J...
News - 29 March 2010

Shree gets inter-state power trading licence

India’s Shree Cement Wednesday said it has got the Central Electricity Regulatory Commission’s (CERC) approval to start inter-state trading business in power it produces at its merchant plant. "W...
News - 25 March 2010

Bangladesh: ’Diplomatic strains over Lafarge’

The Supreme Court’s order halting mining operations of Lafarge is said to be disturbing diplomatic relations between India and Bangladesh. The government told the court the order has led to the c...
News - 25 March 2010

New grinding orders for Polysius

Birla Corp Ltd of India placed an order with Polysius for three new cement grinding plants for the Chanderia Cement factory in the province of Rajasthan, as well as for Satna Cement in the provinc...
News - 24 March 2010

Indian majors to tap rural markets

Indian cement makers see overcapacity looming large from the next fiscal and are trying to compensate by targeting the rural heartland, small towns and villages to increase their sales and protect...
News - 23 March 2010

Monnet Cement in expansion drive, India

Monnet Ispat & Energy (MIEL) will set up cement plants in Chhattisgarh and Gujarat with an investment of about Rs 2,400 crore, as it embarks on an expansion and diversification drive. Work on th...
News - 22 March 2010

Shree Cement expects fourth quarter net drop

India’s Shree Cement Ltd expects its fourth-quarter net profit to be 10%-15% lower than a year earlier because of higher fuel costs that hurt margins, its chairman said Friday. "Profits will be l...
News - 19 March 2010