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Greenfield capacity may fall short of projection, India

Greenfield capacity creation in cement is facing delays, according to a report from the Economic Times of India, with land acquisition and civil construction delays the major hurdles. Even though...
News - 21 June 2007

ACC seeks South African coal cargoes

ACC Limited, one of India’s largest cement and concrete manufacturers, is tendering for two to three panamaxes of South African coal for delivery in July and August, traders said.     Indian ceme...
News - 21 June 2007

JK eyes 8% growth in white cement, India

In view of the low demand for white cement despite serious efforts by the company, JK White Cement Works, a subsidiary of the JK group, has set a growth target of just eight per cent this year.   ...
News - 18 June 2007

Holcim to build ACC, GACL synergy

Holcim may appoint some management consultants to provide advice on combining some of the best practices and processes in  Gujarat Ambuja Cement (GACL) and ACC, according to the Economic Times of ...
News - 18 June 2007

India cement makers readying to face monsoon blues

The top four cement manufacturers in the country have started taking steps to tackle an expected slide in demand due to the monsoon.    The cement prices are expected to fall by Rs10 per bag in J...
News - 15 June 2007

OCL India board to consider raising INR2.2bn

Cement maker  OCL India Ltd. said on Thursday its board will meet on June 16 to consider raising INR2.20bn rupees through issue of non-convertible debentures on private placement basis.
News - 15 June 2007

FMC unwilling to allow trading in cement future, India

Commodity market regulator Forward Markets Commission is not inclined to allow future trading in cement, a proposal mooted by leading bourse NCDEX. “We expressed our reservations on futures tradi...
News - 15 June 2007

Cement shortage can last till June ’09

Indian cement companies continue to be looked at darkly by the stock market, with shares getting pounded for months now. The question is, is the pounding deserved?     From what research houses a...
News - 14 June 2007

Net profit growth rate declines 85%, India

The net profit growth rate of Indian cement firms declined to 85 per cent in the fourth quarter ended March 2007 compared with 150 per cent in the first three quarters. The Q4 sales growth was sub...
News - 13 June 2007

India Shree Cement gets `green’ award

Shree Cement, an ISO 14001 company, aiming at 20Mta capacity by 2012 has bagged the Golden Peacock Environment Management Award for the second successive year said a release. The award instituted ...
News - 13 June 2007