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India cement prices show no sign of softening

Cement prices in India are again rising. After a series of increases since November, a fresh round of price increases, effective from February 1 by almost all manufacturers has pushed the rate up ...
News - 09 February 2010

Russia, Poland to lead European construction

A new report on global construction conducted by British research group Oxford Economics shows emerging markets will overtake developed countries to become the biggest part of the market in the ne...
News - 08 February 2010

India: Andhra Cements to allot equity shares

The committee meeting of Andhra Cements will be held on 06 February 2010 to consider and approve the allotment of 65,00,000 equity shares of Rs. 10 to Echo Fiscal Services on preferential basis.
News - 08 February 2010

Ambuja Cement FY09 Net Profit Drops

Ambuja Cements Ltd., one of the lowest-cost producers of cement, reported a lower net profit for the fiscal year, impacted by clinker purchases, as also in the absence of one-time gain. In a fili...
News - 05 February 2010

Industry prospects in 2010

The international cement market is again looking to growing markets in Asia to offset weak performances in Europe and elsewhere this year. While some recovery is possible in North America from the...
News - 05 February 2010

India January cement sales: double digit growth

Indian cement makers today reported double-digit growth in January sales driven by increased demand from housing sector, especially of low-cost homes, and infrastructure. Shree Cement JK Lakshmi ...
News - 02 February 2010

Binani puts Dubai expansion plans on hold

Binani Cement has put its Dubai expansion plans on hold due to sharp drop in cement demand in the debt-laden country. Instead, the flagship company of the Braj Binani group has started looking for...
News - 01 February 2010

Binani Cement to invest in coal blocks

Binani Cement Ltd plans to invest around INR52m in coal blocks. However, the company has still has no plans for its existing coal block in Chhattisgarh. Cement companies are allotted coal blocks ...
News - 29 January 2010

India’s ACC buys stake in grinding unit

Indian cement maker ACC said on Friday it had acquired the entire stake in Encore Cement & Additives Pvt Ltd, which owns a 200,000t slag grinding unit in south India. The acquisition will help st...
News - 29 January 2010

Sanghi Cement to build US$105m Kenyan plant

India’s Sanghi Cement is to build a plant in Kenya in collaboration with local firm Cemtech with a view to supplying the south Sudan market, a government official said on Thursday. Kenyan and Uga...
News - 29 January 2010