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East Timor plant revamp possible - revisedBritish based financing company, Delamore and Owl & Group said it is ready to provide US$28 million in credit to revitalize a small debt ridden cement maker in Indonesia. Delamore also wants to ac...News - 21 May 2008 |
India: RPL sets up cement works to curb fly-ash disposalNews - 21 May 2008 |
India heads for more consolidationAfter a flurry of mergers and acquisitions – CRH acquiring My Home Industries for $462 million, Lafarge buying L&T Concrete’s RMC business for $349 million and Heidelberg consolidating its busines...News - 20 May 2008 |
Construction costs continue upward riseDespite talk of bringing down the price of cement and steel, the Indian construction market is yet to reflect little of the government’s efforts to rein in prices. Talk to any of the builders or d...News - 19 May 2008 |
Pakistan cement export progressCement exports from Pakistan are still lucrative due to the commodity’s high demand and shortage in the region, especially in India and the UAE, placing Pakistan in a favourable position to furthe...News - 19 May 2008 |
Chidambaram warns cement industry again, IndiaUnion Finance Minister P. Chidambaram has warned the cement industry again of serious “administrative measures” if it did not cooperate in checking inflation. He told local press that it was uni...News - 14 May 2008 |
India: cement stocks fall 4% -16% following export banThe export ban on cement in India has led to a fall in prices, hitting the industry hard. This has also led to a free-fall in prices of cement stocks, which had been at the top of the bourses when...News - 13 May 2008 |
Indian prices to stay stableIndian cement players have decided to keep cement prices stable in the current quarter, in spite of the rising raw material costs. The Centre has asked cement Companies to reduce prices in its bid...News - 12 May 2008 |
Pakistan to export 52,000t of cement to IndiaPakistan will export about 52,000t of cement to India in the next two months. This step has been necessitated after the cement cartel in India is said to have informed that country’s Government ...News - 12 May 2008 |
Heidelberg, Indorama, Mysore Cements to mergeHeidelbergCement India, a wholly-owned subsidiary of HeidelbergCement, on Friday announced complete acquisition of Indorama cement and further consolidation of its Indian operation. HeidelbergCe...News - 12 May 2008 |