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ACC to freeze cement prices over next 2-3 months

Indian cement manufacturer ACC Ltd said Friday it will hold cement prices for the next 2-3 months in response to the federal government’s request to help keep rising inflation in check.   "While A...
News - 09 May 2008

Shree Cement sees 15 per cent sales growth in FY09

India’s Shree Cement expects a 15 per cent growth in sales volumes in 2008/09 on sustained demand, its top official said on Thursday.   The firm sold around 6.3Mt of cement in 2007/08, managing di...
News - 09 May 2008

Orascom boosts Lafarge’s Middle Eastern & African cement sales

Lafarge’s turnover increased by 8.3% in the first quarter to EUR4,000m, helped by the consolidation of Orascom from the 23rd of January.  The EBITDA advanced more markedly by 33.0% to EUR765m and ...
News - 08 May 2008

Holcim pushes capital expenditure ahead

First quarter turnover at Holcim declined by 3.8% to SFr5,509m (EUR3,443m), principally reflecting the de-consolidation of the Egyptian and South African businesses but, on a comparative basis, th...
News - 07 May 2008

Heidelberg, Lafarge, Birla Group lead L&T unit bidders

HeidelbergCement, Lafarge and India’s Aditya Vikram Birla Group are the lead bidders for the ready-mix concrete business of Larsen & Toubro, the Economic Times reported Friday, citing unnamed sour...
News - 02 May 2008

Recent capacity additions likely to soften cement prices, India

The Indian cement industry has added close to 15Mta capacity in the last quarter, including 10Mt in March alone, resulting in moves that might bring down cement prices in the near future, report...
News - 02 May 2008

Sri Lanka keen on Birla cement tie to foster competition: minister

Sri Lanka wants to encourage greater competition in local cement production and has given approval for Birla group officials to visit the site of a defunct northern cement plant the Indian group w...
News - 01 May 2008

Gebr. PFEIFFER AG to supply another MPS Mill to ACC, India

Gebr Pfeiffer AG and its Indian subsidiary Gebr Pfeiffer AG (INDIA) Pvt Ltd have been appointed by Mumbai-based ACC Ltd, which belongs to the Holcim group, to supply an MPS 5600 B vertical r...
News - 01 May 2008

UltraTech to set up plant in Gujarat

UltraTech Cement, a member of India’s Aditya Birla Group, has announced plans to invest Rs30bn (US$748.8m) in a new cement project at Mahuva, Gujarat. The project will include a cement plant with ...
News - 01 May 2008

NTPC mulls entry into cement manufacture with private partners

India’s largest electricity producer, NTPC Ltd, will manufacture cement near six of its power plants through ventures with private firms, said a top official.   “We are looking at equity-participa...
News - 30 April 2008