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India cement prices may soon dip on supply glut

ACC, Ambuja Cements and Grasim Industries may soon cut cement prices as the commissioning of new plants has improved supplies and a late monsoon has slowed construction activities, thereby affecti...
News - 21 September 2009

SCCC to introduce slag cement in production, Thailand

Siam City Cement (SCCC), the country’s second-largest cement producer, expects to launch slag cement in Thailand in the next three months after signing an exclusive contract with Tata Steel. Slag...
News - 17 September 2009

ACC’s expansion plans on track – official

The expansion plans of ACC Ltd, India’s largest cement maker, are on track but costs on some of the projects have been marginally higher than expected, a top official said on Thursday. "There have...
News - 17 September 2009

SCG focuses on overseas coal trading

Siam Cement Group (SCG), Thailand’s top industrial conglomerate, is ramping up its coal trading business overseas by opening processing and distributing hubs in Southeast Asia, China and India. T...
News - 17 September 2009

Low-cost housing project in Punjab, India

Punjab Chief Minister Parkash Singh Badal today launched a low-cost housing project developed with an outlay of Rs 2.20 crore in Muktsar district. The project has been developed in collaboration ...
News - 15 September 2009

Gujarat Ambuja seeks 200,000t S.Africa coal

Indian cement maker Gujarat Ambuja is seeking 200,000t of South African coal for late 4Q shipment, Indian traders said. Indian cement makers such as Ultratech and Gujarat Ambuja have issued frequ...
News - 15 September 2009

Pakistan cement exports rise

Pakistan cement export made a sudden jump during July, the first month of the current fiscal year (2009-10), to 1.16Mt from 0.84Mt  recorded during June 2009. According to exporters, there had be...
News - 14 September 2009

ICRA places RMC Readymix India’s ratings on "positive" watch

ICRA has placed on "positive" watch the LBBB+ and A2+ ratings on Indian concrete maker and trader RMC Readymix (India) Pvt Ltd’s bank limits. The rating action follows the proposed amalgamation o...
News - 13 September 2009

India: cement prices fall, more cuts likely

Sanjay Ladiwala, President of Cement Stockists and Dealers Association of Mumbai said that the cement prices had come down in trade segment by Rs 3 per bag and Mumbai prices had come down by Rs 5-...
News - 11 September 2009

UltraTech rating reaffirmed, India

Credit rating agency, CRISIL has withdrawn its ratings on UltraTech`s INR1.50-billion non-convertible debentures and Rs 1.06-billion short-term buyers credit, as the obligations have been redeemed...
News - 07 September 2009