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JSW to invest in cement plants, IndiaJSW Cement, part of the OP Jindal Group, plans to set up a cement ventures near the group’s steel plants at Kurnool, Andhra Pradesh, and Vijayanagar, Karnataka, reports Business Line. The units w...News - 30 July 2009 |
New President for ERMCOERMCO, the European Ready-Mix Concrete Organization which gathers all the national concrete associations in Europe, has elected Andrea Bolondi to serve a three-year term as the new President. Mr. B...News - 30 July 2009 |
Shree Cement to invest in expansion, IndiaShree Cement Ltd proposes to invest in increasing cement and power capacities. According to a company note, it plans to invest INR1000 crore and is setting up cement-grinding units in Suratgar...News - 28 July 2009 |
Holcim’s Weijde named new CEO of Ambuja CementsAmbuja Cements Ltd (ACL), India’s second largest cement maker, will get a new chief executive officer (CEO) from 1 May 2010. Four years after Holcim Ltd acquired management control of ACL from S...News - 28 July 2009 |
Shree Cement 1Q net profit soars as power ops helpsIndia’s Shree Cement Ltd said Friday its fiscal first-quarter net profit soared from a year earlier, helped by increased contribution from its power business. The company’s net profit for the qua...News - 27 July 2009 |
Will India’s cement production hold firm?India’s cement manufacture continues to climb with companies adding nearly 8Mta capacity in April 2009, taking total installed capacity to 219Mta. The industry is estimated to add 40-50Mt of capac...News - 24 July 2009 |
Binani Cement plans INR17bn of capex over three yearsIndia’s Binani Cement Ltd said Wednesday it plans INR17bn of capital expenditure over the next three years as it targets an annual production capacity of 15Mt by 2013. Binani Cement, which curre...News - 23 July 2009 |
Binani Cement 1Q net profit INR1.07bn Vs INR533mIndia’s Binani Cement Ltd said Tuesday its first quarter net profit doubled to INR1.07bn from INR533.0m a year earlier. Net sales for the quarter ended June 30 jumped 61% to INR5.24bn from INR3.2...News - 22 July 2009 |
Cement price correction, IndiaCement makers in north, central and east India are likely to be the least affected due to the expected cement price correction in the coming quarters. Demand in these regions is anticipated to rem...News - 22 July 2009 |
India production estimated to rise 13.3%India’s cement production is estimated to rise 13.3 per cent in FY10 to 212.38Mt, junior trade minister Jyotiraditya Scindia told parliament in a written reply on Monday. He also said output coul...News - 21 July 2009 |