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Barak Valley Cements announces resignationIndia-based Barak Valley Cements Ltd has announced the resignation of director, Dhanpat Ram Agarwal, with immediate effect, reports Dow Jones Newswire. Mr Agarwal is leaving the company “on accou...News - 23 June 2023 |
Indian cement prices forecast to fall 1-3%Cement prices in India are expected to fall by 1-3 per cent in the current fiscal year (April 2023-March 2024), after recording a four per cent compound annual growth rate (CAGR) over the past fo...News - 21 June 2023 |
Adani Group in talks with more lenders over acquisition loanThe Adani Group is reportedly in talks with at least five new international banks regarding its refinancing of US$3.8bn of loans taken for its acquisition of ACC Limited and Ambuja Cement in...News - 21 June 2023 |
Pakistan cement exports continue mixed trend in 11MFY22-23The cement industry in Pakistan continued to experience a mixed picture in export revenue during the first 11 months of the current financial year, which runs from July 2022 to June 2023. While th...News - 21 June 2023 |
Shree Cement announces further expansion plansShree Cement has announced a new round of capacity expansions, which will take the company’s total cement production capacity to 55.9Mta. The cement producer currently runs 46.4Mta of capacity w...News - 19 June 2023 |
Shree Digvijay halts production due to cycloneShree Digvijay Cement Co has reportedly halted production at its 1.2Mta Digvijaygram integrated plant in Gujarat, India, due to a cyclone. Tropical cyclone Biparjoy made landfall in India’s we...News - 19 June 2023 |
Shiva Cement inaugurates Sundergarh millIndia-based Shiva Cement , part of JSW Cement , has inaugurated its new cement plant in Sundergarh, Odisha. The new plant has an overall capacity of 1.05Mta as well as an additional 0.27Mta of...News - 19 June 2023 |
Kesoram Industries banks on blended cement for future growthIndian cement producer Kesoram Industries has reported a loss of INR1160m (US$14.2m) in the year ended 31 March 2023 (FY22-23), down from INR1300m in the same period a year earlier. The company ...News - 16 June 2023 |
JK Lakshmi to ramp up capacity to 30Mta by 2030JK Lakshmi Cement has announced plans to invest INR80,000m (US$972m) over a six-year period to increase its cement production capacity to 30Mta. According to Business Line, the investment will b...News - 14 June 2023 |
Adani Group in talks to refinance loanIndia's Adani Group is in talks with lenders to refinance up to US$3.8bn of a loan facility taken for its acquisition of Ambuja Cements Ltd last year, according to Bloomberg News. The group is...News - 14 June 2023 |