Search Results

Indian cement firms seek excise cut, import duty

India’s cement firms are seeking a cut on excise duty and a ban on imports in the upcoming federal budget in an effort to reduce prices and protect manufacturers who have set up new capacities, of...
News - 30 June 2009

India’s Grasim may absorb UltraTech unitech unit

India’s Grasim Industries plans to absorb its unit UltraTech Cement to consolidate the group’s cement business under one arm, the Economic Times reported on Thursday, citing an investment banker. ...
News - 29 June 2009

Birla White named India’s first white cement Superbrand

India’s ‘whitest white’ cement has notched up another first. Birla White cement has been elevated to the status of a ‘Superbrand’ by popular consensus among industry experts and consumers. This gl...
News - 26 June 2009

Bamburi sees E. Africa cement consumption up 12 per cent

Kenya’s biggest cement maker, Bamburi Cement, expects consumption in east Africa to grow 12 per cent this year thanks to road projects and individual home-building, its managing director said on W...
News - 25 June 2009

India’s Grasim may absorb UltraTech unit

India’s Grasim Industries plans to absorb its unit UltraTech Cement, to consolidate the group’s cement business under one arm, the Economic Times reported on Thursday, citing an investment banker....
News - 25 June 2009

Holcim well placed to buy into construction downturn

Holcim, the world’s second-largest cement maker, is well equipped to exploit a global construction slump and snap up more cheap assets from rivals seeking to raise funds. The Swiss group’s purcha...
News - 24 June 2009

India: Industry wants service tax cut to eight per cent

Although a large section of the industry has expressed its wishlist for the general Budget, a review of service tax tops the demand with several quarter petitioning reduction in the rate from 10 p...
News - 23 June 2009

Pakistan: cement exports rise to US$750 million

The cement industry, despite being affected by the global economic crisis, has managed to boost exports to US$750m in fiscal year 2008-09. “Being an irregular sector if compared with textile, the...
News - 23 June 2009

Kenya: Tororo Cement loses limestone tender deal to India’s Sanghi

Tororo Cement Industry has lost a limestone tussle to an India firm, almost three years after it expressed interest to exploit the rich deposits in Kenya’s Rift Valley Province. Multibillion doll...
News - 23 June 2009

India: cement industry for restoring import duty

The cement industry has urged the finance minister to levy uniform excise duty on packaged cement and to restore import duty on the product in the forthcoming budget. In its pre-budget memorandum,...
News - 22 June 2009