Search Results
Binani Cement set to buy African firmBinani Cement is close to acquiring an African cement company for around US$100m. The company will be raising US$125m to fund the acquisition which is likely to be sealed by the end of current c...News - 24 June 2008 |
Vicat, Sagar Cements form venture to build cement plant, IndiaFrench cement maker Vicat said it has formed a joint venture with Sagar Cements to build a cement plant at Gulbarga in the Indian state of Karnataka, India. The Vicat Sagar venture will be 51 per...News - 24 June 2008 |
India’s Binani Cement to invest in China plantBinani Cement Ltd of India plans to invest US$100m more into the Chinese cement company Shandong Rong’an Group, in which it bought a 49% stake for US$110m in July 2007, sources reported. Binani w...News - 16 June 2008 |
India May cement shipments up four per cent YoYCement shipments in India rose four per cent in May from a year ago to 14.85Mt, the Cement Manufacturers’ Association (CMA) said on Friday. Production also rose four per cent to 14.89Mt in May fr...News - 16 June 2008 |
Holcim Lanka makes bid to invest in Jaffna cement plantHolcim Lanka said it has made an investment proposal to Lanka Cement to revive production at its defunct plant in the northern Jaffna peninsula or build a new one. Holcim Lanka chairman Manilal ...News - 10 June 2008 |
India: Vicat, Heidelberg and Lafarge circle Sagar CementsJust as Sagar Cements is poised to take the leap into the big league, the mini cement maker from Andhra Pradesh is drawing interest from France-based giants Vicat and Lafarge SA, and Germany’s Hei...News - 09 June 2008 |
India: Impact of hike in diesel price on cement sectorAccording to Karvy Stock Broking report on cement sector: "The hike in diesel price by INR3/l has put an incremental cost burden of INR4140m for the cement industry. We believe cement industry wou...News - 09 June 2008 |
India Cements falls 1.8 per centIndia Cements fell for a second day on Monday. The share price decreased INR3 (or 1.8 per cent) to INR161.60. Compared with the Nifty Index which fell 189 points (or 4.1 per cent) on the day, this...News - 09 June 2008 |
ACC enters waste management (through a separate AFR business)ACC Ltd, India’s largest cement manufacturer, is diversifying into the business of alternative fuels and raw materials (AFR). ACC has already created a separate AFR business segment with a team wo...News - 09 June 2008 |
Prism Cement: buyThough cement stocks have been battered in recent times on concerns about input pressures and pricing controls, select companies in the sector hold the potential to deliver reasonable earnings gro...News - 09 June 2008 |