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Indian cement prices up and rising

After a very good rainy season, the construction activity is expected to start in next two weeks throughout the country. India had a very good monsoon this year benefiting a good crop and is helpf...
News - 26 November 2007

India Supreme Court okays limestone supply to Lafarge Bangladesh

To maintain the balance in the sensitive bilateral relations with Bangladesh, the ministry of forest and environment on Friday did a U-turn on its objection to limestone quarrying in forest areas ...
News - 26 November 2007

Plea to expand Ariyalur cement factory

The Perambalur district wing of All-India Trade Union Congress (AITUC) has urged the State Government to expand the Tamil Nadu Cement Corporation-owned Ariyalur Cement Factory.     A resolution, ...
News - 26 November 2007

JK Lakshmi comes out of debt restructurin

JK Lakshmi comes out of debt restructuring India’s JK Lakshmi Cement Ltd, belonging to JK Group, today said the company has come out of the Corporate Debt Restructuring (CDR). The net profit of t...
News - 23 November 2007

India’s ACC says sells $52 mln surplus asset

Indian cement maker  ACC Ltd said on Wednesday it had sold surplus assets, including land in the northern Haryana state, for INR2.05bn (US$52m).     The proceeds would be used for ongoing capital...
News - 21 November 2007

India Cements to raise $150m to part fund capex

The board of India cements on Monday decided to raise a maximum of US$150m including premium by way of issue of equity/ equity-linked securities in the Indian/international markets. It is to part ...
News - 20 November 2007

Cement prices likely to go up from Jan, India

Cement prices are expected to remain constant the next month and will start picking up from January, traditionally the busiest season for construction activity, a top industry analyst said. "Deal...
News - 20 November 2007

Cement prices likely to increase from January, India

Cement prices are expected to remain constant next month and will start picking up from January onward, traditionally the busiest season for construction activity, a top industry analyst said.   ...
News - 19 November 2007

Growing inflation will increase cement prices by 12 per cent, Sri Lanka

Cement prices will increase by 12 per cent by the end of next year if the present inflation continues, said CEO and Managing Director Holcim (Lanka) Ltd. Peter Spirig. He said the staggering infl...
News - 19 November 2007

13 cement firms in fray for joint venture with SAIL, India

Thirteen cement companies, including two foreign firms, have evinced interest in entering into a joint venture with Steel Authority of India (SAIL) for a slag cement plant at Rourkela.   Without d...
News - 19 November 2007