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Lafarge wins EUR130m cement works contract in Himachal Pradesh, IndiaLafarge is one of two firms to win approval to invest US$170m each to build new cement plants in India’s Himachal Pradesh state, where demand is expected to soar as new dam projects get underway, ...News - 07 July 2008 |
Binani Cement plans supply pact with buildersBinani Cement, the flagship company of Binani group, is considering long-term bulk cement supply contract with real estate developers including Raheja and Hiranandani. The initiative, if it fructi...News - 07 July 2008 |
Sagar plans 1Mt plant in TanzaniaSagar Cements, a mid-sized Andhra Pradesh-based cement company, is planning a 1Mt plant in Tanzania. The expansion to foreign shores comes soon after it signed a joint venture with a cement majo...News - 07 July 2008 |
India’s Aditya Birla June cement shipments up five per centIndia’s Aditya Birla Group said on Wednesday its cement shipments in June rose five per cent from a year earlier to 2.58Mt. Cement production grew two per cent to 2.55Mt, it said in a statement....News - 02 July 2008 |
Cement prices to rise in some parts of IndiaCement prices are likely to go up by Rs3 per bag in Mumbai, Gujarat and the southern markets from Monday. Other markets in the country are expected to follow suit later. This is a rare developme...News - 02 July 2008 |
Loesche India procures numerous new ordersAfter moving to its new premises at D-83, Sector-2, Noida – 201 301, India, in November 2007, with about 110 employees, Loesche India has successfully re-established and procured numerous new orde...News - 01 July 2008 |
Credit crunch slows India expansion plansCostlier raw material and tight credit conditions have slowed down Indian cement companies’ ambitious Rs50,000 crore expansion plan to add 80-90 million tonnes capacity in three years. Adverse ec...News - 01 July 2008 |
Holcim scoops up ACC shares to cement controlAccording to local press reports, Holcim is increasing its stake in Indian cement producer ACC through open market purchases in an attempt to get majority ownership of the company. Sources said ...News - 27 June 2008 |
India: rising coal import bill to make cement dearerThe continuous rise in international coal prices and an anticipated increased supply may cause further increase in cement prices in near future, industry sources said. Increase in world coal price...News - 27 June 2008 |
Panamax freights subject to downward pressuresWith dry bulk shipowners continuing to make substantial profits, it is not surprising that a number of industrial groups mulling a move into shipowning continues to grow. India’s Tata Power is rep...News - 26 June 2008 |